The Stock Exchange Board of India (SEBI) floated the new format of the Business Responsibility and Sustainability Reporting on 18th August. The regulator body has sought comments and feedback from stakeholders by 18th September 2020. This is a critical piece of document that allows businesses to engage into meaningful reporting vis-a-vis ESG (Environment, Social and Governance) parameters, thereby promoting transparency (via mandatory disclosures on sustainable policies and procedures). Fair Finance India coalition (of which Oxfam India is a member) has submitted its comments on the framework to the Ministry of Corporate Affairs soon.
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