With BRSR, enhance your company’s commitment to sustainability and transparency. Embrace this structured approach to ESG reporting that aligns with regulatory standards and builds investor trust and positions your business for long-term, responsible growth.
Find out more about the BRSR framework and how you can be prepared for this annual reporting process.
Under Business Responsibility and Sustainability Reporting, Indian companies are required to report a variety of sustainability parameters that reflect their commitment to responsible business practices. This includes governance structures that oversee ESG issues, measures taken towards environmental conservation, social welfare activities undertaken for communities and employees, as well as performance against national and international sustainability standards.
BRSR is a complement to internationally recognized reporting frameworks:
The BRSR provides a uniform ESG disclosure standard for Indian corporations, integrating these reports with their annual financial performance statements, thus ensuring a transparent presentation of both financial and non-financial aspects of corporate performance to stakeholders.
BRSR Core is a sub-set of the BRSR, and the main version used by big companies. It focuses specifically on assurance and ESG disclosures for the value chain. Recognizing the specific needs of Indian or emerging markets, additional Key Performance Indicators (KPIs) have been incorporated for assurance purposes. These include metrics such as job creation in smaller towns, business transparency, and total wages paid to female. Moreover, to enhance global comparability, intensity ratios that are adjusted for Purchasing Power Parity (PPP) based on revenue have also been integrated into the reporting framework.
There are three sections in the reporting questionnaire– Sections A, B, and C. It consists of 150 questions, with the majority being mandatory.
BRSR requires more standardized disclosures with a focus on quantitative metrics and is legally mandated for certain companies in India.
Need not be. The Board of the listed entity shall ensure that the assurance provider appointed for assuring the BRSR Core has the necessary expertise for undertaking reasonable assurance in sustainability.
