78-47 Report of the Committee on Business Responsibility Reporting

Summary

In the report, the Committee recommends a new two-format reporting framework called ''Business Responsibility and Sustainability Report (BRSR)''. The Business Responsibility and Sustainability Report (BRSR) provides guidelines for the preparation of Business Responsibility Reporting for listed and unlisted companies in India. The Committee’s new Framework takes into consideration the global developments in non-financial sustainability reporting, which increasingly require businesses to be responsible and sustainable towards the environment and society.

Thumbnail image for In the report, the Committee recommends a new two-format reporting framework called ''Business Responsibility and Sustainability Report (BRSR)''. The Business Responsibility and Sustainability Report (BRSR) provides guidelines for the preparation of Business Responsibility Reporting for listed and unlisted companies in India. The Committee’s new Framework takes into consideration the global developments in non-financial sustainability reporting, which increasingly require businesses to be responsible and sustainable towards the environment and society.

Issuer

India

Year

2020

Region

Asia

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Global Reporting Initiative (GRI)

Other

Main industries targeted

Manufacturing
Finance & Insurance
Agriculture, Forestry, Fishing & Hunting
Retail trade

Restrictiveness

High

Sustainable Development Goals (SDGs)

SDG 1: No Poverty
SDG 2: Zero Hunger
SDG 3: Good Health and Well-being
SDG 5: Gender Equality
SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 10: Reduced Inequality
SDG 12: Responsible Consumption and Production
SDG 16: Peace, Justice, and Strong Institutions