{"id":248102,"date":"2021-05-12T11:00:50","date_gmt":"2021-05-12T05:30:50","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=248102"},"modified":"2021-05-12T11:00:50","modified_gmt":"2021-05-12T05:30:50","slug":"sebi-issues-circular-on-business-responsibility-and-sustainability-reporting-by-listed-entities","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/05\/12\/sebi-issues-circular-on-business-responsibility-and-sustainability-reporting-by-listed-entities\/","title":{"rendered":"SEBI issues Circular on \u201cBusiness Responsibility and Sustainability Reporting by listed entities\u201d"},"content":{"rendered":"
On May 10, 2021, SEBI issued a Circular containing the format of the Business Responsibility and Sustainability Report (\u201cBRSR\u201d).<\/div>\n
<\/div>\n
\n
The BRSR is a notable departure from the existing Business Responsibility Report(\u201cBRR\u201d) and a significant step towards bringing sustainability reporting at par with financial reporting.<\/div>\n<\/div>\n
<\/div>\n
\n
A few of the key disclosures sought in the BRSR are highlighted below:<\/div>\n
<\/div>\n
    \n
  • \n
    An overview of the entity\u2019s material ESG risks and opportunities, approach to mitigate or adapt to the risks along with financial implications of the same.<\/div>\n<\/li>\n
  • \n
    Sustainability related goals & targets and performance against the same.<\/div>\n<\/li>\n
  • \n
    Environment related disclosures covering aspects such as resource usage (energy and water), air pollutant emissions, green-house (GHG) emissions, transitioning to circular economy, waste generated and waste management practices, bio-diversity etc.<\/div>\n<\/li>\n
  • \n
    Social related disclosures covering the workforce, value chain, communities and consumers, as given below:<\/div>\n<\/li>\n<\/ul>\n

    i. Employees \/ workers: Gender and social diversity including measures for differently abled employees and work ers, turnover rates, median wages, welfare benefits to permanent and contractual employees \/ workers, occupational health and safety, trainings etc.<\/p>\n

    ii. Communities: disclosures on Social Impact Assessments (SIA), Rehabilitation and Resettlement, Corporate Social Responsibility etc.<\/p>\n

    iii. Consumers: disclosures on product labelling, product recall, consumer complaints in respect of data privacy, cyber security etc.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    On May 10, 2021, SEBI issued a Circular containing the format of the Business Responsibility and Sustainability Report (\u201cBRSR\u201d). The BRSR is <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-248102","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications"],"yoast_head":"\nSEBI issues Circular on \u201cBusiness Responsibility and Sustainability Reporting by listed entities\u201d | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2021\/05\/12\/sebi-issues-circular-on-business-responsibility-and-sustainability-reporting-by-listed-entities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI issues Circular on \u201cBusiness Responsibility and Sustainability Reporting by listed entities\u201d\" \/>\n<meta property=\"og:description\" content=\"On May 10, 2021, SEBI issued a Circular containing the format of the Business Responsibility and Sustainability Report (\u201cBRSR\u201d). 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