IICA and Partners in Change Host Pre-National Conference Webinar on ‘BRSR’: Tracks journey of Non-Financial Disclosures by Businesses in India

Disclosures by Businesses in India - Businesses in India - Disclosures - Non-Financial Disclosures - Tax News - Business Responsibility and Sustainability Reporting - BRSR - TAXSCAN

The Indian Institute of Corporate Affairs (IICA) and Partners in Change collaborated to host a Pre-National Conference on Responsible Business Conduct webinar in New Delhi, exploring the realm of Business Responsibility and Sustainability Reporting (BRSR).

Held on 17th November 2023, the conference engaged in a thorough analysis of publicly disclosed data from 928 companies, shedding light on the evolution of non-financial disclosure practices in India.

With a central focus on key issues of diversity, materiality, and Occupational Health and Safety (OHS), the webinar aimed at achieving the following objectives:

  1. Fostering a deeper understanding of the BRSR framework
  2. Tracing the evolution of disclosures from Business Responsibility Reports (BRR) to BRSR
  3. Analysing trends in disclosures to determine how data can enhance engagement with companies and stakeholders.

Distinguishing itself from its predecessor, the Business Responsibility Report (BRR), BRSR introduces a more comprehensive set of questions that span both quantitative and qualitative disclosures. Positioned as a powerful communication tool, BRSR facilitates organizations in revealing their non-financial performance.

In alignment with the Securities and Exchange Board of India (SEBI) mandate, the top 1,000 companies are gearing up to submit data on their non-financial performance. This submission not only underscores their commitment to Environmental, Social, and Governance (ESG) practices but also emphasizes their dedication to Responsible Business Conduct compliance.

The webinar, contextualised within this regulatory framework, serves as a precursor to the upcoming National Conference organised by IICA, scheduled from December 14-15, 2023.

The National Conference will delve into various dimensions of the responsible business journey in India, providing valuable guidance to businesses for enhanced and quality disclosure practices. Analytical presentations during the webinar were delivered by Ms. Ekta Verma, Mr. Pradeep Narayanan, and Ms. Saesha Parekh from Partners in Change, along with Mr. Dheeraj from Praxis, concluding with remarks from Ms. Garima Dadhich of IICA.

About Indian Institute of Corporate Affairs (IICA)

Indian Institute of Corporate Affairs (IICA) is an autonomous institution working under the aegis of the Ministry of Corporate Affairs, Government of India.

About Partners in Change

Partners in Change is a leading organisation dedicated to fostering sustainable development and responsible business practices. Together, they aim to drive positive change in the corporate landscape through initiatives like the National Conference on Responsible Business Conduct.

Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates

taxscan-loader