Our BRSR consultant will help your company in preparation and submission of Business Responsibility and Sustainability Report (BRSR) as per SEBI guidance document on BRSR.
BRSR aims to encourage companies to voluntarily report their ESG performance. The Securities and Exchange Board of India (SEBI) in 2021 introduced a new requirement for sustainability reporting by listed companies. Companies are now required to report their performance and impact on environmental, social, and governance (ESG) issues. The new reporting called the Business Responsibility and Sustainability Report (BRSR) replaces the existing Business Responsibility Report (BRR).
The BRSR framework is a mandatory disclosure mechanism for top 1000 listed companies or businesses to report their performance on environmental, social and governance (ESG) aspects and demonstrate their commitment to responsible business practices. Other listed companies as well as Unlisted companies with a net worth of Rs. 500 crores and more or a turnover of Rs. 1,000 crores, Insurance and Mutual Fund Companies and Public Sector Undertakings (PSUs) may submit the BRSR voluntarily.
BRSR is considered vital for all companies as lenders, equity holders, investors and other interested parties need to assess the risks and opportunities facing individual companies which arise from ESG issues, as these affect enterprise value, brand reputation and financials of an enterprise. Now companies are required to disclose their ESG-related risks and opportunities, their management system and performance on indicators such as environment and climate change, human rights, labor practices, biodiversity, and anti-corruption.
Our BRSR Reporting Consultant assists the clients mainly in: