ICAI invites comments on SEBI Consultation Paper on The Format for Business Responsibility and Sustainability Reporting



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The Institute of Chartered Accountants of India (ICAI) is inviting its members to provide feedback on a consultation paper released by the Securities and Exchange Board of India (SEBI). This paper concerns the proposed format for Business Responsibility and Sustainability Reporting (BRSR), which aims to enhance the quality and usefulness of corporate disclosures. ICAI's Sustainability Reporting Standards Board encourages members to submit their recommendations and rationale by September 14, 2020.

Sustainability Reporting Standards Board The Institute of Chartered Accountants of India September 10th, 2020 ANNOUNCEMENT Invitation of Comments on SEBI Consultation Paper on The Format for Business Responsibility and Sustainability Reporting In November 2018, the Ministry of Corporate Affairs (MCA) constituted a committee for finalising business responsibility reporting formats for both listed and unlisted companies, based on the framework of the National Guidelines on Responsible B
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FAQ :

The SEBI Consultation Paper is about the proposed format for Business Responsibility and Sustainability Reporting (BRSR), aiming to improve corporate disclosures.

The Institute of Chartered Accountants of India (ICAI), specifically its Sustainability Reporting Standards Board (SRSB), is inviting comments.

Comments should be submitted by September 14, 2020.

The proposed BRSR format includes both quantitative and qualitative information, with a comprehensive and a lite version available.

Comments can be submitted via email to sustainability@icai.in.

The proposal originated from a committee constituted by the Ministry of Corporate Affairs (MCA) in November 2018 to finalise business responsibility reporting formats.




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