• we cover more than 1,000 news per day, in 2 languages, and 83,000 stocks
Light Dark
it
italian it
english en

Sebi defers ESG disclosure deadline under BRSR framework by 1 yr to FY26

www.business-standard.com 19-12-2024 02:18 1 Minutes reading
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.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 requirement.The Sebi's board approved several relaxations and updates for ESG disclosures.These include "deferring ESG disclosures for value chain", as well as "assessment or assurance" thereof, by one year. Hence, ESG disclosures for value chain shall apply from FY26 (as against the current requirement of FY 2024-25) and "assessment or assurance" thereof shall be applicable from FY 2026-27 (as against the current requiremen

Info