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Business Responsibility and Sustainability Reporting (BRSR)

SEBI vide Circular  no. CIR/CFD/CMD/10/2015 dated November  04,  2015, has prescribed the format for the Business Responsibility Report (BRR)in respect of reporting on ESG(Environment,  Social  and  Governance) parameters by listed entities.

The BRSR seeks disclosures from listed entities on their performance against the nine  principles of the ‘National Guidelines  on  Responsible  Business  Conduct (NGBRCs)and reporting under  each  principle is  divided  into essential  and leadership indicators

The listed entities are already preparing and disclosing sustainability reports based on internationally accepted reporting  frameworks  (such  as  GRI,  SASB,  TCFD or Integrated  Reporting) may cross-reference  the disclosures  made  under  such framework to the disclosures sought under the BRSR.

The purpose of BRSR is to link financial reporting with its overall ESG goals and objectives.

 

How can Riskpro help?

Riskpro can perform a BRSR disclosure readiness review to help in identifying and fulfilling deficiencies. Normally, companies will comply with BRR. So, that generally takes care of half of the BRSR goals.

The focus of the review is to see the implementation of essential indicators across the 9 principles.

 

Steps in Readiness Review

  1. To conduct an audit of where exactly the company is as of now on the readiness of BRSR 
  2. To build capacities (wherever required) by training, and creating formats, systems, processes, and software for data collation and analysis 
  3. Handholding in drafting the BRSR report 
  4. Peer analysis and crafting a way forward in our journey to become a socially responsible company  

 

Contact

Please contact us at info@riskpro.in to get the readiness review for BRSR.