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Decoding BRSR: SGS's In-Depth Analysis of BRSR Disclosure in India in FY 2023

March 08, 2024

We are proud to announce the release of the latest thought leadership report from SGS in India, which sheds light on the state of Business Responsibility and Sustainability Reporting in India in FY 2023.

In a comprehensive analysis, “The State of BRSR disclosures in India in FY 2023” delves into the evolution, framework and current landscape of BRSR in India’s corporate sector. This report meticulously examines the BRSR practices of the top 250 Indian corporates by market capitalization, providing invaluable insights into their adherence to BRSR guidelines. 

It uses rigorous content analysis to evaluate the ESG disclosures of these leading Indian corporates against the criteria outlined in the BRSR framework, mandated by the Securities and Exchange Board of India (SEBI).

This report’s results and analysis section encompasses various crucial aspects, such as:

  • Energy and climate change
  • Water and waste management
  • Employee health, safety and wellbeing
  • Local sourcing
  • ESG assurance
  • Information security
  • Impact assessment
  • Diversity
  • Governance
  • ESG governance

It also offers valuable recommendations for:

  • ESG assurance
  • Achieving sustainability of the value chain
  • Life cycle assessment
  • Local development
  • Scope 3 accounting
  • ESG governance

Our ESG and Sustainability Services

SGS offers comprehensive support for organizations aiming to excel in ESG and sustainability. We develop ESG/sustainability reports aligned with GRI standards, and BRSR reports as mandated by SEBI. We also create tailored ESG roadmaps.

Other services that we offer include gap assessments, stakeholder engagement and assurance services for sustainability reports. In addition, our expertise extends to GHG accounting, value chain assessments and capacity building through customized training programs.

Partner with us to navigate the ESG landscape effectively and foster responsible business practices.

Learn more about our sustainability assurance services

Download the report

For further information, please contact:

Ashwini Mavinkurve

Head – ESG

Business Assurance

t: +91 900 40 47 548

About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for sustainability, quality and integrity. Our 99,600 employees operate a network of 2,600 offices and laboratories around the world.

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