Business Responsibility and Sustainability Reporting (BRSR) has become mandatory for the top 1000 listed companies in India by market capitalization. This comprehensive guide covers everything you need to know about BRSR compliance.
What is BRSR?
BRSR is a reporting framework introduced by SEBI that requires companies to disclose their ESG performance. It replaced the earlier Business Responsibility Report (BRR) and provides a more comprehensive view of a company's sustainability practices.
Key Reporting Areas
- Environmental - Resource usage, emissions, waste management
- Social - Employee wellbeing, community engagement, human rights
- Governance - Ethics, transparency, stakeholder engagement
Implementation Timeline
Companies must file their BRSR reports along with their annual reports. The framework continues to evolve with new requirements being added each year.
Best Practices
- Start data collection early
- Engage all departments
- Use standardized methodologies
- Seek third-party assurance
