CAIRR Update December 21, 2024

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CAIRR Update December 21, 2024

21/12/2024

Summary of the SEBI, BSE and NSE Circulars dated 20/12/2024.

These circulars are integrated in our free-to-use website ca2013.com.

Introduction of Industry Standards on Reporting of BRSR Core


The Industry Standards Forum (“ISF”) comprising of representatives from three industry associations, i.e., ASSOCHAM, CII and FICCI, along with the Stock Exchanges, has formulated industry standards for disclosures in the BRSR Report, which will be applicable from FY 2024-25. The aforementioned industry associations will also publish these standards on their websites.
The main aspects covered under the Note on the Industry standards on BRSR Core Reporting, issued separately by the ISF are-
 
1.  General Requirements: Explaining Intensity-based calculations and Spend-based Approach to estimate the Environmental Footprint (along with their methodologies).

2.  Attribute-wise requirements: Explaining Greenhouse Gas Footprint, Water Footprint, Energy Footprint, embracing circularity – details related to waste management by the entity, Enhancing Employee Wellbeing and Safety, Enabling Gender Diversity in Business, Enabling Inclusive Development, Fairness in Engaging with Customers and Suppliers and Open-ness of business.

A detailed and more comprehensive understanding of these Standards can be found in the enclosed Circulars.

Click here to view the SEBI Circular.
Click here to view the BSE Circular.
Click here to view the NSE Circular.
Click here to view the entire Note on Industry Standards on BRSR Core in detail.

By | 2024-12-25T12:39:17+00:00 December 25th, 2024|ca2013.com|0 Comments

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