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    Question

    Refer to the following information to answer the next 5 questions (Q15 to Q19) Global disclosure requirements for ESG responsibilities have increased in the last decade. Materiality concept helps businesses identify critical products/services impacting long-term sustainable growth. Securities and Exchange Board of India (SEBI) introduced BRSR to link financial results with ESG performance. BRSR aids regulators, investors, and stakeholders in assessing overall business stability and sustainability. BRSR is mandatory prescribed class of companies. This is expected to apply for all listed and unlisted companies in subsequent years. BRSR disclosure in both annual report and MCA21 portal through xBRL language. The BRSR succeeds the BRR requirements that companies were expected to follow.

    What does BRSR stand for in the context of SEBI's

    disclosure requirements for ESG responsibilities?
    A Business Reporting and Sustainability Regulations Correct Answer Incorrect Answer
    B Business Responsibility and Sustainability Report Correct Answer Incorrect Answer
    C Environmental, Social, and Governance Reporting Correct Answer Incorrect Answer
    D Securities and Exchange Board of India Correct Answer Incorrect Answer
    E National Guidelines on Responsible Business Conduct Correct Answer Incorrect Answer

    Solution

    BRSR stands for Business Responsibility and Sustainability Report, which is a framework introduced by SEBI for ESG disclosures by listed companies.

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