In the contemporary and rapidly changing business environment, sustainability and transparency are a requirement, not just a choice. As stakeholders (investors, regulators, consumers) request accountability, many companies in India are now issuing BRSR Reports (Business Responsible and Sustainability Reporting) to provide evidence of their performance on environmental, social, and governance (ESG) issues.
Sustrack is a sustainability and ESG reporting service provider that specialize in helping organizations easily align with the BRSR framework for compliance, credibility, and assurance of stakeholders.
What does BRSR reporting mean?
The Business Responsibility and Sustainability Reporting (BRSR) framework is a relatively new framework by the Securities and Exchange Board of India (SEBI) to prompt corporate accountability on sustainable business practices. The BRSR framework comprises measurable Environmental, Social and Governance (ESG) standards. More importantly, the BRSR framework acts as a replacement of the Business Responsibility Report (BRR) while extending the utility of the BRR framework.
SEBI requires the top 1,000 listed publicly traded companies (by market capitalization) in India to deliver a BRSR report alongside their annual report, which indicates India’s desire to take steps towards sustainable global standards with a simultaneous familiarity with global narratives in corporate disclosures (e.g., GRI, UN SDGs).
Significance of the paragraph above:
The BRSR framework seeks to:
- Foster socially responsible business conduct.
- Support stakeholders relevant to assess ESG performance.
- Facilitate decision-making regarding investing and evaluations based on data.
- Support companies adopting sustainability as a business strategy.
- Create long term value through dynamic use for investors and society.
Through BRSR disclosures companies will be able to boost their transparency, brand reputation, and improve investor confidence.
Central Principles of the BRSR Framework
The BRSR Framework presents nine principles of responsible business practice, which originate in the NGRBC, that correspond with reference to a key aspect of responsible business conduct in our kaleidoscope.
- Ethics, Transparency, and Accountability – Businesses must be truthful, considerate and transparent in their actions.
- Sustainable Products and Services – Businesses must read sustainability as related to the entire lifecycle of products or services.
- Wellbeing of Employees – Businesses must ensure that their workplace is diverse, inclusive, equitable, safe and secure with respect to their employee’s wellbeing.
- Stakeholder Engagement – Businesses ought to seek to understand stakeholder interests, show respect to those interests and consider their response accordingly.
5.Human Rights-Organizations are to respect and promote human rights.
6.Environmental Responsibility-ganizations are to strive to be environmentally responsible and promote environmental action.
7.Responsible Participation in Politics-Organizations are to promote active and responsible participation in open and accountable policy making.
8.Equity and Inclusive Growth-Organizations are to promote inclusive growth for the communities in which the organizations operate.
9.Value to the Customer-Every organization is to ensure that all products and services that it sells are safe, reliable, and ethically produced.
Each principle has qualitative and quantitative ways of demonstrating that principle that are to be disclosed in the BRSR.
Categories of BRSR Reports
BRSR report is bifurcated into two categories:
1.BRSR Core – A comprehensive, structured disclosure around key ESG parameters.
2.BRSR Lite – A condensed disclosure intended for smaller and unlisted firms looking for a voluntary commitment toward sustainable practice.
By delivering both BRSRs, Sustrack advances organizations from basic compliance to a higher class of sustainability maturity.
The Importance of BRSR Reporting
BRSR reporting is not just about following regulations—it’s a strategic facilitator of responsible growth.
Here’s what makes it imperative for the modern organization:
Investor Trust: Transparent reporting of BRSR disclosures through an ESG lens is the basis for studies on the long-term value off of investor focused organizations.
Regulatory Compliance: SEBI requires BRSR reporting from top companies today and regulations may expand to others in the future
Risk Management: Identifies potential risks in the ESG make-up of the organization earlier rather than later.
Enhanced Reputation: Builds confidence with consumers, employees and partners.
Operational Efficiency: Advocacy for improved resource management also creates opportunities for innovation .
How Sustrack Eases the Process of BRSR Reporting
At Sustrack, we know that BRSR reporting can be difficult, especially for organizations starting their sustainability journey. Each Reporting Framework is designed to make it easy for you—efficient, precise, and equipped with intelligence.
- Comprehensive Data Management
Sustrack’s platform automates data collection across departments—ensuring conformity and reducing manual effort.
- ESG Metric Integration
Our system will align with BRSR Core parameters, GRI standards, and SDG objectives—all of your disclosure can be consistent with global expectations.
- Analytics and Insights
Develop interactive dashboards, performance trend analytics, and gap analyses needed to facilitate strategic decision-making.
- Assurance and Verification Support
Sistrack assists with the preparation of a company’s BRSR data, assuring either limited or reasonable assurance levels, increasing the ability to demonstrate credibility.
- Stakeholder Communications
We can help businesses take data and develop digestible but powerful sustainability stories for their target stakeholders in the sustainability space, e.g. investors, regulators.
- Customized Reporting Solutions
Sustrack designs solutions appropriate for both public companies and SMEs based on size, sector, and sustainability maturity.
BRSR and ESG: The Connection
BRSR is an Indian regulatory scheme but it rests on typical ESG precepts which contribute to the nexus between corporate responsibility and sustainable investment for companies.
- Integrating BRSR with ESG strategies will enable businesses to:
- Benchmark their sustainabitility performance agains the global community.
- Access to ESG-centered capital.
- Enhance their score on sustainability indices.
- Create trust with stakeholders for the long haul.
With Sustrack’s Reporting Framework, organizations can seamlessly embed BRSR into their wider ESG reports and sustainability disclosures.
Typical Challenges in BRSR Implementation
Although there are many benefits to BRSR reporting, companies often face obstacles in carrying this out:
- Inconsistent data across departments.
- Limited in-house ESG subject matter expertise.
- Challenges aligning and integrating multiple reporting frameworks.
- Challenges quantifying the social and environmental value and impact.
Sustrack addresses these challenges by providing support through the whole process-from data collection to report generation on a user-friendly digital platform.
BRSR Reporting in India’s Future
As India’s sustainability landscape matures, BRSR is likely to emerge as the standard for corporate accountability. SEBI and MCA (Ministry of Corporate Affairs) are likely to continue to increase the scope of the framework, and inspire mid-sized and unlisted firms to adopt it voluntarily.
In the future, BRSR disclosures will drive:
- Investments directed by ESG funds.
- Corporate governance scores.
- Sustainability assessments of supply chains.
The early adopters of BRSR reporting will not only ensure compliance but will also have the first-mover advantage in a new frontier of sustainable corporate stewardship.
The Bottom Line: Improving Sustainable Growth with Sustrack.
BRSR Reporting is about a commitment to responsible business, not a compliance exercise. Companies can drive innovation, transparency, and sustainable growth through sustainability at the heart of their business DNA.
With the highly scalable Reporting Framework of Sustrack, companies can ensure data integrity, simplify BRSR reporting and create high-quality ESG disclosures that will engage their stakeholders.
If your organization is prepared to lead with purpose, Sustrack is the partner you can trust on your journey to sustainability success with BRSR Reporting.
Visit for more info:https://www.sustrack.com/