The Securities and Exchange Board of India (SEBI) has made it mandatory for the top 1,000 listed companies to report on their ESG performance from the financial year 2022-23 onwards. To comply with these regulations, companies need to have robust ESG assurance in audit processes in place to...
Publishing a BRSR report should be seen as a mandatory compliance exercise as per SEBI’s vision as to what it intends BRSR’s purpose to be.Download the full pdf PDF (2 MB) Summary BRSR reporting is a compliance mandate for companies in India, and it provides an avenue...
Executive remuneration has also been a key factor in recent discussions on how to reinvigorate U.K. capital markets, given the differences in U.S. and U.K. incentives. Although remuneration packages initially do appear higher in the U.S. than in the U.K., the reality is more complex and...
What are the key regulatory requirements related to ESG due diligence in India? How can businesses integrate ESG considerations in their investment decision-making? What are some common ESG performance metrics that businesses can use to measure their performance?
In the EU, European Sustainability Reporting Standards (ESRS) set out sector-specific reporting by the end of June 2024. Not only that, but the CSRD also required large non-EU companies that operate in the EU to also provide sustainability reporting, to begin in 2028. The Commission has now...
In 2012, the Securities and Exchange Board of India (SEBI) issued a circular that made it mandatory for the largest 100 listed companies to publish an annual business responsibility report. The requirement was extended to the 500 companies in SEBI’s Listing Obligations and Disclosure Requirements ...
The mandatory twin test for different categories of CGPs Understanding the eligibility criteria for CGPs is essential for industries using self-generated power. Rule 3 of the Electricity Rules outlines what constitutes a CGP, focusing on two main requirements. Firstly, the captive user must hold a ...
Purpose - This study attempts to examine the effect of greenhouse gas (GHG) emissions disclosure and its compounding effect with environmental, social, and governance (ESG) disclosure on firm value in Korea. This study focuses on the unique institutional setting in Korea that implements mandatory GH...
In the financial sector, the Securities and Exchange Board of India (SEBI) introduced in 2012 the Business Responsibility Reports (BRRs) in the spirit of widening the ESG reporting practices. It became mandatory for the top 100 listed companies based on market capitalisation to report BRR in the...
This view has been further reinforced by key global regulators pushing for mandatory ESG disclosures. For example, the European Banking Authority (EBA) issued guidelines that require banks to assess the risks associated with ESG factors on borrowers’ financial stability — in particular,...