BRSR, Sustainability Reporting, Global Framework

This Sustainability Course will enable you to understand the key terms relating to Sustainability and ESG, BRSR. Further ensure you have deeper understanding what are the compliance requirement and global development in context of sustainability and what are the Global reporting requirements such as GRI, BRSR-SEBI, UNGP etc. Sustainability has become mandatory requirements for reporting along with Annual Financial Statements along with SDG Goals and many countries have started working on it on mandatory and voluntary basis.

In the broadest sense, sustainability refers to the ability to maintain or support a process continuously over time. In business and policy contexts, sustainability seeks to prevent the depletion of natural or physical resources, so that they will remain available for the long term.

Different Global Reporting Framework

• IFRS sustainability disclosure standards.

• GRI standards.

• SASB standards.

• CDSB Framework.

• CDP Framework.

• TCFD Framework.

• SBTI Framework.

• United Nations Global Impact.

The GRI Sustainability Reporting Standards (GRI Standards) help organizations increase their transparency and communicate both their positive and negative impacts on sustainable development. GRI, SASB, and CDSB are the big sustainability reporting framework and covering almost all the related matters which can be looked into for sustainability.

3 Pillars of Sustainability

The idea of sustainability is often broken down into three pillars: economic, environmental, and social—also known informally as profits, planet, and people.

In that breakdown, the concept of "economic sustainability" focuses on conserving the natural resources that provide physical inputs for economic production, including both renewable and exhaustible inputs.

The concept of "environmental sustainability" adds greater emphasis on the life support systems, such as the atmosphere or soil, that must be maintained for economic production or human life to even occur. In contrast, social sustainability focuses on the human effects of economic systems, and the category includes attempts to eradicate poverty and hunger, as well as to combat inequality.