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Business Responsibility Reporting

News
Ministry of Corporate Affairs (MCA) releases the Report of the Committee on Business Responsibility Reporting.

Reporting is a disclosure of adoption of responsible business practices by a listed company to all its stakeholders.

- It is applicable to all types of companies.

- A new reporting framework called the ‘Business Responsibility and Sustainability Report (BRSR)’ has been recommended to better reflect the intent and scope of reporting on non-financial parameters.

- The BRSR would be integrated with the MCA 21 portal.