ESG (Environmental, Social, and Governance) and BRSR (Business Responsibility and Sustainability Reporting) ensure regulatory compliance, investor confidence, risk mitigation, and sustainable growth. They enhance brand reputation, access to capital, and long-term business resilience.
SEBI has made BRSR mandatory for the top 1000 listed companies from FY 2022-23, replacing BRR. Companies must disclose ESG performance under nine principles of the National Guidelines on Responsible Business Conduct (NGRBC), covering environmental impact, governance, and social responsibility.