Business Responsibility Reporting by Listed Entities
SEBI has, vide circular dated August 13, 2012, mandated Business Responsibility Reporting (BRR) requirement for top 100 listed entities based on market capitalization in their annual reports. The key principles which are required to be reported by the entities include the areas such as environment, social, governance, stakeholder’s relationships, etc.
SEBI Board has now approved that present applicability of BRR be extended to top five hundred listed entities based on market capitalization as on March 31st of every year.
As a green initiative, the business responsibility reports can be given on the websites of the companies providing website link for the same in their annual reports.
Source : Extract from SEBI Board Meeting PR No. 283/2015 Dated 30.11.2015