May 2021 marked a watershed moment for all things ESG (environmental, social and governance) in India, as market regulator Sebi came out with a new sustainability-related reporting requirement for top 1,000 listed companies based on their market capitalisation. For these entities, it is mandatory to follow the Business Responsibility and Sustainability Report (BRSR) framework from FY23. Based on stakeholders’ feedback, the regulator realised the
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