The National Stock Exchange vide press release dated 26 August 2022 has issued guides to Business Responsibility & Sustainability Report published by SEBI. SEBU has issued a comprehensive Business Responsibility & Sustainability Report in two phases:
- Voluntary phase FY: 2021-2022
- Mandatory phase for top 1000 companies effective from financial year 2022-2023
NSE in association with Stakeholders Empowerment Services has issued 38 sector specific integrated guides to the Business Responsibility & Sustainability Report. The guides seeks to sensitize listed entities about updated disclosure requirements and revised formats for the same. NSE seeks to provide guidance for following three steps to excellence in reporting disclosures:
- Mandatory disclosures
- Voluntary disclosures
- Global best practices
