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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.

    Which section of the BRSR reporting framework focuses on

    information about the listed entity, including subsidiary companies?
    A Section A: General Disclosures Correct Answer Incorrect Answer
    B Section B: Management and Process Disclosures Correct Answer Incorrect Answer
    C Section C: Principle-wise Performance Disclosures Correct Answer Incorrect Answer
    D Section D: Financial Reporting Correct Answer Incorrect Answer
    E Section E: Environmental and Social Assessment Correct Answer Incorrect Answer

    Solution

    Section A of the BRSR reporting framework focuses on obtaining basic information about the listed entity including products, operations, employees, and subsidiary companies.

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