Adani Transmission Restricted (ATL), the facility transmission and distribution subsidiary of Adani Group, will get recognition for its contribution to the SEBI ICAI BRSR Again Testing Train. Adani Transmission voluntarily disclosed its first BRSR (Enterprise Accountability and Sustainability Report) in FY 2021-22, transferring in the direction of extra exhaustive non-financial reporting practices and contributing majorly to the company sustainability journey.
The Sustainability Reporting Requirements Board (SRSB) of the Institute of Chartered Accountants of India (ICAI), New Delhi recognised the agency, for making a benchmark on this important train.
In a press launch, Adani Transmission stated, “By embracing BRSR, ATL goals to successfully talk sustainability goals, place, and efficiency to the market. The corporate has accomplished aligned its enterprise practices with sustainability objectives and empowered traders and stakeholders to make knowledgeable choices primarily based on correct and clear data.”
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The current transfer by the Securities and Change Board of India (SEBI) to make it obligatory for the highest 1,000 listed corporations to report on Enterprise Accountability and Sustainability is a game-changer for sustainability reporting in India. In response to this, ICAI is taking proactive measures to arrange professionals for the upcoming adjustments. By making certain that professionals are outfitted with the required abilities and data to deal with sustainability reporting, ICAI helps pave the best way for a extra sustainable future for India Inc.
BRSR performs an important function in advancing sustainability efforts in India by selling clear and standardised disclosures on ESG parameters and sustainability-related dangers and alternatives amongst listed corporations.
ICAI has a powerful custom of service to the nation in the direction of sustainable in addition to financial growth. As a associate in nation-building, it constituted SRSB in February 2020 with the mission to formulate complete, globally comparable, and comprehensible requirements for measuring and disclosing non-financial details about an entity’s progress in the direction of United Nations Sustainable Growth Objectives (SDG) 2030.