ESG stands for Environmental, Social, and Governance. ESG factors are all closely tied to responsible investment.
In India, the Business Responsibility and Sustainability Reporting (“BRSR”), originating from the Ministry of Corporate Affairs (MCA) report on Business Responsibility Reporting, has found its way into the regulatory provisions, through an amendment to the Regulation 34(2)(f) of the Listing Regulations], notified on 5th May, 2021. Further, SEBI vide circular dated 10th May, 2021 introduced the format of BRSR and the guidance note to enable the companies to interpret the scope of disclosures. (The BRSR will replace the existing BRR format w.e.f. FY 2022-23). In FY 2021-22, the top 1000 listed entities were voluntarily submitting the BRSR. Submission of BRSR is mandated by SEBI w.e.f. FY 2022-23.
BRSR Lite is for unlisted companies keen to detail out their good practices, streamline, disclose or enhance their ESG Impact or exploring the social impact investment.
The BRSR format is aligned with data backed ESG reporting/ disclosure, to prevent green-washing and to enhance transparency.
Sanshodhan, having 350+ years of experience in ESG domain, through it’s team members, those are experts on various aspects of environment management, renewable energy, governance and policy compliance, CSR projects, social impact assessment & development planning and investment, implementation of development projects; is an unique organisation committed to serve in ESG domain.