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Sebi defers ESG disclosure deadline under BRSR framework by a year

The Business Guardian

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December 20, 2024

Markets regulator Sebi has decided to defer the ESG disclosure deadline for value chain partners of listed companies by one year until FY26, giving more time to them to comply with the Business Responsibility and Sustainability Reporting (BRSR) requirements.

Sebi defers ESG disclosure deadline under BRSR framework by a year

Until then, environmental, social and governance (ESG) reporting will remain voluntary instead of the current "comply-and-explain" approach.

The proposal, approved by Sebi's board on Wednesday, is aimed at enhancing ease of doing business for listed companies and their value chain partners in meeting BRSR requirements.

The Sebi's board approved several relaxations and updates for ESG disclosures.

FLERE HISTORIER FRA The Business Guardian

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