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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.

    Who is required to comply with the Business Responsibility and Sustainability Report (BRSR) guidelines, as introduced by SEBI?

    A All companies, regardless of size or industry Correct Answer Incorrect Answer
    B The top 100 listed entities by market capitalization Correct Answer Incorrect Answer
    C The top 1000 listed entities by market capitalization Correct Answer Incorrect Answer
    D The top 5000 listed entities by market capitalization Correct Answer Incorrect Answer
    E The top 10000 listed entities by market capitalization Correct Answer Incorrect Answer

    Solution

    The BRSR guidelines are mandatory for the top 1,000 listed entities by market capitalization.

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