ESG

ESG Reporting — A Guide to Environmental, Social and Governance Disclosure

ESG reporting is how businesses disclose their environmental, social and governance performance. In India, SEBI's BRSR framework makes it mandatory for large listed companies.

What is ESG reporting?

ESG reporting is the structured disclosure of a company’s performance on Environmental, Social and Governance factors — from emissions and resource use to employee welfare, community impact and board accountability. It helps investors, regulators and stakeholders judge a company’s sustainability and long-term risk.

India’s framework: BRSR

In India, ESG disclosure is governed by SEBI’s Business Responsibility and Sustainability Reporting (BRSR) framework, introduced in May 2021 and made mandatory from FY 2022-23 for the top 1,000 listed companies by market capitalisation. BRSR replaced the earlier Business Responsibility Report.

What BRSR covers

BRSR Core and assurance

SEBI also introduced BRSR Core — a defined set of key ESG indicators requiring independent assurance, phased in from the top 150 companies (FY 2023-24) progressively to the top 1,000 (FY 2026-27). Reports are filed in both PDF and machine-readable XBRL format.

Why it matters

Beyond compliance, credible ESG reporting improves access to capital, strengthens reputation, and prepares companies for value-chain and global disclosure expectations.

Key takeaways

  • ESG reporting discloses environmental, social and governance performance
  • In India it follows SEBI’s BRSR framework
  • Mandatory for the top 1,000 listed companies since FY 2022-23
  • BRSR Core adds assured KPIs, phased in through FY 2026-27
Sources & further reading: SEBI
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