BRSR Reporting Requirements 2025: What Every Listed Company Needs to Know
SEBI's Business Responsibility and Sustainability Report is now mandatory for top-1000 listed companies. Here's what you must disclose and how to prepare.
The Business Responsibility and Sustainability Report (BRSR) was mandated by SEBI (Securities and Exchange Board of India) from FY 2022-23 for the top 1,000 listed companies by market capitalisation. From FY 2023-24 onwards, BRSR Core — a subset of high-priority, independently assured disclosures — is mandatory. The BRSR represents India's transition from voluntary CSR reporting to a structured, disclosure-based ESG accountability framework.
What Must Be Disclosed in BRSR?
BRSR disclosures span three sections: Section A (General Disclosures — company details, operations, employees, value chain); Section B (Management & Process Disclosures — policies, targets, governance); and Section C (Principle-wise Performance Disclosures — the nine NGRBC principles covering environment, employee welfare, stakeholder engagement, governance, and more). Key metrics include GHG emissions (Scope 1 & 2), energy consumption, water intensity, waste generated, and gender pay equity data.
BRSR Core and Third-Party Assurance
From FY 2023-24, SEBI introduced BRSR Core — a set of Key Performance Indicators (KPIs) within BRSR that require 'reasonable assurance' from an independent third party (NABET-accredited verifier or Chartered Accountant). These include GHG emission intensity, water intensity per rupee of turnover, and waste management practices. Companies should start identifying their assurance provider 6 months before filing.
Common Pitfalls in BRSR Preparation
1. Scope 3 emissions confusion: BRSR asks for Scope 1 and 2 only in core metrics, but Scope 3 is increasingly expected in narrative sections. 2. Inconsistent baselines: Using different years for different metrics makes trend analysis impossible. 3. Value chain data gaps: Section A requires disclosures on value chain partners — many companies underestimate the data collection burden. 4. Late start: BRSR data collection requires system changes; starting 3 months before the filing deadline is too late.
How to Prepare for Your Next BRSR Filing
Start with a gap assessment against all BRSR Core indicators. Set up data collection systems for energy, water, and waste metrics at facility level. Identify Scope 1 and 2 emission sources and calculate baseline. Engage an assurance provider early. Review board-level ESG governance policies. GreenMind's BRSR advisory team can support you through all stages — from gap assessment to assured report submission.