Strategic Advantage of ESG: A Guide for CXOs
India’s BRSR framework, overseen by the Securities and Exchange Board of India (SEBI), requires the top 1,000 companies to disclose their ESG (Environmental, Social, and Governance) practices. This is a significant step towards promoting transparency and accountability in the Indian market.
Investors are increasingly considering ESG factors when making investment decisions, as they recognize the importance of sustainability and social responsibility. By mandating ESG disclosures, SEBI is ensuring that investors have access to critical information that can help them make more informed choices.
The BRSR framework covers a wide range of ESG indicators, including carbon emissions, diversity and inclusion, labor practices, and board diversity. Companies that comply with the framework demonstrate their commitment to responsible business practices and sustainability.
Overall, the BRSR framework is a positive development for the Indian market, as it encourages companies to prioritize ESG considerations and provides investors with valuable insights into a company’s overall performance. By promoting transparency and accountability, SEBI is contributing to a more sustainable and responsible business environment in India.
