Recently, SEBI 2021 notification has replaced the Business Responsible Reporting (BRR) to Business Responsibility and Sustainability Report (BRSR), this will be voluntary for the 2021-22 financial year and mandatory for 2022-23. The change is intended to bring greater transparency and facilitate identification of ESG-related risks and opportunities.While SEBI has developed its own set of rules, it is intended to be interoperable with leading ESG disclosure frameworks for cross-comparison. BRSR will be integrated into the Ministry of Corporate Affairs’ MCA21 portal. |