Business Responsibility and Sustainability Reporting (BRSR) Assurance
Business Responsibility and Sustainability Reporting (BRSR) is an ESG disclosure framework introduced by the Securities and Exchange Board of India (SEBI) to enable companies to transparently report their environmental, social, and governance (ESG) performance.
BRSR is designed to help investors, regulators, customers, and other stakeholders evaluate an organization’s sustainability performance beyond traditional financial reporting. It promotes standardized ESG disclosures and encourages organizations to adopt responsible and sustainable business practices.
TUV India provides independent third-party BRSR Assurance services to enhance the credibility, reliability, and transparency of sustainability disclosures, underlying systems, processes, and ESG data.
The objective of BRSR Assurance is to provide confidence to stakeholders regarding the accuracy, completeness, and reliability of ESG disclosures made by organizations.
BRSR Assurance supports organizations in:
BRSR is based on nine principles of responsible business conduct. Organizations are expected to demonstrate performance and commitment across these areas:
1. Ethical, Transparent and Accountable Governance
Conducting business with integrity, transparency, and accountability.
2. Sustainable Products and Services
Providing goods and services in a safe and sustainable manner.
3. Employee Well-being
Respecting and promoting the well-being of employees and workers across the value chain.
4. Stakeholder Responsiveness
Respecting the interests of stakeholders and maintaining responsive engagement mechanisms.
5. Human Rights
Respecting and promoting human rights across operations and value chains.
6. Environmental Protection
Protecting and restoring the environment through responsible environmental management practices.
7. Responsible Policy Advocacy
Ensuring transparent and responsible engagement in public and regulatory policy advocacy.
8. Inclusive Growth and Development
Promoting equitable and inclusive socio-economic development.
9. Responsible Customer Engagement
Providing value to customers in a responsible and sustainable manner.
As per SEBI Circulars dated May 10, 2021 and July 11, 2023, listed entities are required to obtain assurance on BRSR Core disclosures.
TUV India provides reasonable assurance for BRSR Core disclosures covering the following nine ESG attributes:
TUV India evaluates the organization’s ESG disclosures and supporting systems, including:
TUV India adopts a risk-based assurance approach that includes:
1. Documentation and Data Review
Review of ESG disclosures, policies, records, methodologies, and supporting evidence.
2. Stakeholder and Management Interviews
Interaction with data owners, management teams, and functional representatives.
3. Verification and Sample Review
Sample-based verification of sustainability-related data, processes, controls, and reporting systems.
4. Evaluation Against BRSR Requirements
Assessment of compliance with BRSR framework and reporting principles.
5. Independent Assurance Statement
Issuance of an Independent Assurance Statement upon successful completion of assurance activities.
BRSR Assurance services are delivered in line with internationally recognized assurance standards and frameworks, including:
TUV India is a trusted and independent assurance provider with extensive experience in ESG, sustainability, and climate-related assurance services.
Our strengths include:
TUV India supports organizations in building robust ESG reporting systems and delivering credible, transparent, and stakeholder-focused sustainability disclosures.