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Consider the following statements regarding Business Responsibility and Sustainability Reporting.
- Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI).
- It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects.
- This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).
How many of the above statements is/are correct?
- a)Only one
- b)Only two
- c)All three
- d)None
Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements regarding Business Responsibility an...
The Indian Institute of Corporate Affairs (IICA) and UNICEF jointly organized a workshop on Business Responsibility and Sustainability Reporting (BRSR) in collaboration with the National Stock Exchange (NSE).
What is BRSR?
Business Responsibility and Sustainability Reporting is a framework introduced by SEBI (Securities and Exchange Board of India) in 2021. It mandates the top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the nine principles of the National Guidelines for Responsible Business Conduct (NGRBC).
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Consider the following statements regarding Business Responsibility an...
Business Responsibility and Sustainability Reporting: An Overview
Business Responsibility and Sustainability Reporting is a framework introduced by the Securities and Exchange Board of India (SEBI). This framework aims to promote responsible business conduct and encourage companies to report their performance on various environmental, social, and governance (ESG) aspects.
Statement Analysis:
Let's analyze each statement provided in the question to determine their correctness:
Statement 1: Business Responsibility and Sustainability Reporting is a framework introduced by Securities and Exchange Board of India (SEBI).
This statement is correct. Business Responsibility and Sustainability Reporting is indeed a framework introduced by SEBI. SEBI is the regulatory body that oversees the securities market in India and is responsible for promoting transparency and accountability in corporate governance.
Statement 2: It mandates the top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects.
This statement is also correct. The Business Responsibility and Sustainability Reporting framework mandates the top 1000 listed companies in India to report their performance on various ESG aspects. This reporting requirement is aimed at enhancing corporate disclosure and transparency, as well as promoting sustainable development practices.
Statement 3: This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).
This statement is correct as well. The Business Responsibility and Sustainability Reporting framework is indeed based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC). The NGRBC provides a comprehensive framework for companies to integrate responsible business practices into their operations and decision-making processes.
Conclusion:
Based on the analysis of the statements, all three statements are correct. The Business Responsibility and Sustainability Reporting framework is introduced by SEBI, mandates the top 1000 listed companies in India to report their performance on various ESG aspects, and is based on the principles of the National Guidelines for Responsible Business Conduct. This framework plays a crucial role in promoting responsible business practices and sustainable development in India.
Business Responsibility and Sustainability Reporting is a framework introduced by the Securities and Exchange Board of India (SEBI). This framework aims to promote responsible business conduct and encourage companies to report their performance on various environmental, social, and governance (ESG) aspects.
Statement Analysis:
Let's analyze each statement provided in the question to determine their correctness:
Statement 1: Business Responsibility and Sustainability Reporting is a framework introduced by Securities and Exchange Board of India (SEBI).
This statement is correct. Business Responsibility and Sustainability Reporting is indeed a framework introduced by SEBI. SEBI is the regulatory body that oversees the securities market in India and is responsible for promoting transparency and accountability in corporate governance.
Statement 2: It mandates the top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects.
This statement is also correct. The Business Responsibility and Sustainability Reporting framework mandates the top 1000 listed companies in India to report their performance on various ESG aspects. This reporting requirement is aimed at enhancing corporate disclosure and transparency, as well as promoting sustainable development practices.
Statement 3: This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).
This statement is correct as well. The Business Responsibility and Sustainability Reporting framework is indeed based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC). The NGRBC provides a comprehensive framework for companies to integrate responsible business practices into their operations and decision-making processes.
Conclusion:
Based on the analysis of the statements, all three statements are correct. The Business Responsibility and Sustainability Reporting framework is introduced by SEBI, mandates the top 1000 listed companies in India to report their performance on various ESG aspects, and is based on the principles of the National Guidelines for Responsible Business Conduct. This framework plays a crucial role in promoting responsible business practices and sustainable development in India.
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Consider the following statements regarding Business Responsibility and Sustainability Reporting. Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI). It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?
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Consider the following statements regarding Business Responsibility and Sustainability Reporting. Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI). It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Business Responsibility and Sustainability Reporting. Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI). It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Business Responsibility and Sustainability Reporting. Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI). It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?.
Consider the following statements regarding Business Responsibility and Sustainability Reporting. Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI). It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Business Responsibility and Sustainability Reporting. Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI). It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Business Responsibility and Sustainability Reporting. Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI). It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Consider the following statements regarding Business Responsibility and Sustainability Reporting. Business Responsibility and Sustainability Reportingis a framework introduced by Securities and Exchange Board of India (SEBI). It mandatesthe top 1000 listed companies in India to report their performance on various environmental, social, and governance (ESG) aspects. This framework is based on the principles of the National Guidelines for Responsible Business Conduct (NGRBC).How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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