ESG defined: ESG stands for Environmental, Social, and Governance, representing the three central factors used to measure the sustainability and ethical impact of an investment or business.

BRSR defined: BRSR stands for Business Responsibility and Sustainability Reporting, which is a mandatory reporting format established by the Securities and Exchange Board of India (SEBI).

The Core Connection: BRSR is essentially India’s standardized regulatory framework designed to help companies disclose their performance on various ESG parameters.

Environmental Focus: Under both frameworks, companies must report on their environmental footprint, including carbon emissions, energy efficiency, waste management, and water usage.

Social Responsibility: The 'Social' aspect covers how a company manages relationships with employees, suppliers, customers, and the communities where it operates, ensuring fair labor and human rights.

Governance and Ethics: The 'Governance' element mandates transparency regarding corporate leadership, executive pay, internal audits, shareholder rights, and anti-corruption policies.

Indian Mandate: In India, BRSR filing is mandatory for the top 1,000 listed entities by market capitalization, shifting sustainability reporting from voluntary to legally required.