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The Company has adopted the following nine key principles of the Business Responsibility envisaged in National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of business issued by the Ministry of Corporate Affairs and requirements of the Securities and Exchange Board of India (Listing
Is BRSR mandatory? SEBI mandates the application of the BRSR to the 1,000 largest listed companies (by market capitalization) on a voluntary basis for fiscal years 2021-22 and on a mandatory basis for fiscal years 2022-23.
Inter-operability of reporting framework- Those listed entities which prepare and disclose sustainability reports (as part of annual report) based on internationally accepted reporting frameworks such as GRI, SASB, TCFD, Integrated Reporting, can cross-reference the disclosures made under such framework to the
SEBI has mandated that the BRSR will be applicable to the top 1,000 listed entities (by market capitalisation) for reporting on a voluntary basis for FY202122 and on a mandatory basis from FY202223.
BRSR is more a comprehensive disclosure framework than BRR. As compliance is mandatory from FY 202223, it is imperative for companies to prepare themselves for the change.
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The Company has adopted the following nine key principles of the Business Responsibility envisaged in National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of business issued by the Ministry of Corporate Affairs and requirements of the Securities and Exchange Board of India (Listing
Business Responsibility and Sustainability Report(BRSR) BRSR, an evolved version of Business Responsibility Report (BRR), is an Environmental, Social, and Governance (ESG) framework, which is benchmarked to global frameworks such as GRI, TCFD, SASB, etc.
The BRR framework is divided into five sections: (a) Section A: General Information about the Organisation Industry Sector, Products Services, Markets, other general information. (b) Section B: Financial Details of the Organisation Paid up capital, Turnover, Profits, CSR (Corporate Social Responsibility) spend.
Responsibility reporting is the issuance of performance reports to managers of responsibility centres informing them of the deviations from the budget in respect of various items of expenses. In the process of reporting, it is necessary to distinguish between controllable and uncontrollable costs.
Businesses should conduct and govern themselves with ethics, transparency and accountability; Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle; Businesses should promote the well- being of all the employees;

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