The Strategic Advantage of ESG Practices
India’s BRSR framework, overseen by the Securities and Exchange Board of India (SEBI), requires companies to disclose information related to environmental, social, and governance (ESG) factors. This regulation applies to the top 1,000 companies in India.
The SEBI framework aims to promote transparency and accountability in corporate reporting by encouraging companies to provide clear and accurate information about their ESG practices. By doing so, companies can demonstrate their commitment to sustainable and responsible business practices.
Under the BRSR framework, companies are required to disclose information on a range of ESG factors, including but not limited to energy consumption, greenhouse gas emissions, employee welfare initiatives, and board diversity. This helps investors, stakeholders, and the general public assess the company’s performance in these areas.
Overall, the BRSR framework serves as a valuable tool for companies to demonstrate their ESG commitments and practices. By providing detailed and transparent information, companies can build trust with their stakeholders and contribute to more sustainable and responsible business practices in India.
