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AIROI's global team of experts are committed to expanding the scope of ESG initiatives by providing customized plans and suggestions to enhance ESG trajectory and promote environmental sustainability. In this regard, BRSR (Business Responsibility and Sustainability Reporting) is the guideline that Indian companies need to adhere to. This framework was developed by SEBI to strengthen corporate governance standards that addresses sustainability issues. As a part of the ongoing efforts, AIROI intends to progress further by integrating ESG and BRSR principles in fostering sustainable growth and enhance informed decisions.  Let’s unite and establish a friendly ambience to support BRSR and harness the complete potential of ESG services, fostering trust and resilience. #BRSR      #ESG      #SEBI      #CorporateGovernance       #SocialResponsibility        #ResponsibleBusiness          #GreenBusiness Key Highlights:

Attended a two-day Training Workshop on ESG FRAMEWORK AND METRICS by the Confederation of Indian Industry ITC Centre of Excellence for Sustainable Development #cii on 5th and 6th March 2024 The following areas were covered during the course training under the guidance of the magnificent mentors of the CII introduction to ESG What is ESG Pillars of ESG ESG & Sustainability ESG&SDG, Global ESG Metrics, Disclosures & framework #esg & #sustainability #esgreporting & ESG Guidelines

Join us on 18th July at 3PM(IST) to explore how integrating ESG practices and complying with BRSR can boost competitiveness and sustainability for Indian MSMEs. Learn from expert Sarika Gosain on practical strategies to navigate these crucial frameworks.

First of 2024- Certified BRSR practitioner- proud to announce that I can and now will advise companies on BRSR techniques. Many countries around the world have introduced and mandated some form of ESG- related #disclosures. BRSR #Reporting is mandatory for the top 1,000 listed companies (by market capitalisation) from FY2022–23, while disclosure is voluntary for FY2021–22. Thus, the Committee Report encourages companies to report their performance for FY2021–22 in order to be better prepared to adopt this #framework from the next FY. BRSR is a standard and consistent framework which has been prepared keeping in mind the dynamic global trends in sustainability reporting. It is evident that the Indian reporting scenario is evolving rapidly in line with international norms and #regulations where corporates are expected to run businesses conscientiously and maintain transparency and accountability in reporting. IICSR Institute

🛎️ 𝗟𝗮𝘀𝘁 𝗖𝗮𝗹𝗹: 𝗘𝗦𝗚 𝗪𝗲𝗯𝗶𝗻𝗮𝗿 𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄! This is your final chance to register and gain a competitive edge in the evolving world of ESG reporting. See you there! 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗵𝗲𝗿𝗲: https://loom.ly/kmTNdE0 #ESG #India #SEBI #brsr #legislation #sustainability

Sustainability is important. ESG reporting has become a top priority for corporate leaders, investors and stakeholders. As global interest in sustainability mounts, the question is how the vast MSME ecosystem in India is adapting to this condition? This is where NRFS comes into play. We offer end-to-end training and handholding to corporate staffs and supply chain vendors to enable companies achieve their sustainability goals. https://lnkd.in/gFTZJmRW #ESG compliance #sustainablebusiness #MSMEs

🌍 Why MSMEs and SMEs Should Start Reporting on Sustainability and ESG Now 🌱 In today’s evolving business environment, sustainability and Environmental, Social, and Governance (ESG) reporting are no longer just buzzwords—they're critical components of long-term success. This is particularly true for MSMEs and SMEs, which often serve as vendors to larger organizations. 🔎 Here’s why MSMEs and SMEs should start their ESG journey today: Meeting Client Expectations: Large corporations are increasingly requiring their vendors to adhere to strict ESG standards as part of their supply chain management. By proactively reporting on sustainability, MSMEs and SMEs can meet these expectations and strengthen their business relationships. Regulatory Compliance: With the introduction of frameworks like SEBI's Business Responsibility and Sustainability Reporting (BRSR) in India, and similar regulations in the EU, companies are being held accountable for the ESG impacts of their entire value chain. For MSMEs and SMEs, starting early with ESG reporting ensures compliance and reduces the risk of future penalties. Competitive Advantage: ESG reporting is not just about compliance—it's a strategic tool. By demonstrating a commitment to sustainability, MSMEs and SMEs can differentiate themselves from competitors, attract more business, and access new markets that prioritize responsible sourcing. Financial Benefits: Access to capital is increasingly linked to ESG performance. Many investors and financial institutions prefer companies with strong ESG credentials, seeing them as lower-risk investments. For MSMEs and SMEs, robust ESG reporting can open doors to new funding opportunities. Future-Proofing: Sustainability is about resilience. By embedding sustainable practices now, MSMEs and SMEs can better prepare for future challenges, whether they come in the form of climate-related risks or shifts in consumer demand. 🌟 The Time to Act is Now By starting on ESG and sustainability reporting, MSMEs and SMEs can not only secure their place in the global value chain but also contribute to a more sustainable and equitable future. Don't wait—begin your ESG journey today and position your business for long-term success. #ESG #Sustainability #MSME #SME #BusinessGrowth #SustainableBusiness #CorporateResponsibility

EFRAG and Boston Consulting Group (BCG) have published a study on practices and challenges related to the implementation of the European Sustainability Reporting Standards (ESRS) 👇 In detail, the report focuses on preliminary observed practices in the initial phase ahead of the ESRS implementation and the issuance of actual ESRS sustainability statements. The study analyzes input from 28 large companies headquartered in Europe from 8 different industries. These are the four focus areas: 🔍 Double materiality assessment (DMA) 🔍 Data points (DP) 🔍 Value chain (VC) 🔍 ESG reporting organizational approaches For an executive summary, have a look at p. 5-7 👇 #esrs #csrd #efrag

#Sustainability reporting is an area with emerging standards and practices. #SEBI has come out with #BRSR to facilitate standardising #ESG reporting in India. Had undergone the certificate course on this topic from Sustainability Reporting Standards Board #ICAI. 🌏 💚 Very interesting course! Broad topics covered in course (link to course in comments): 1. Intro on Sustainability, SDGs, NGBRC 2. BRSR disclosures - its structure, data collection, materiality assessment, assurance aspects, comparison & into to other standards 3. Sustainability Reporting Maturity Model (SRMM)  4. Emerging areas of sustainable finance -green bonds, carbon trading, carbon credit 5. Introduction into SSE & Social Audits

INDIA’S SEBI AND THE NEW ESG METRICS In July 2023, The Securities and Exchange Board of India (SEBI) added new environmental, social and government (ESG) metrics for mandatory disclosure under ‘BRSR Core’ for the top 1000 listed companies in India. The Business Responsibility and Sustainability Report (BRSR) format was initially introduced in May 2021 and replaced the previous Business Responsibility Report (BRR). The shift to BRSR was driven by several factors, such as the growing demand from investors, customers and stakeholders for standardized sustainability reporting within a regulatory framework aligned with international standards. In addition, policymakers came to the conclusion that the former BRR frameworks were voluntary, doing little to force and incentivize companies to become more sustainable and causing a lack of reporting consistency and data comparability between businesses. By making it mandatory for companies to disclose their sustainability practices, the BRSR is set to boost and enhance investor confidence, build trust among stakeholders, and align Indian companies with international ESG reporting norms.