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In efforts to have a single source for all non-financial disclosures by corporates, a government-appointed panel has made various proposals on business responsibility reporting, incGovt-appointed panel proposes 2 formats for business responsibility reporting by cosluding putting in place two formats for disclosing information.
The committee, constituted by the Ministry of Corporate Affairs in 2018, has proposed that the Business Responsibility Report should be called as the Business Responsibility and Sustainability Report (BRSR).
This would help better reflecting the "intent and scope of reporting requirement," the report said.
As per the report, reporting may be done by top 1,000 listed companies in terms of
