India Urged to Better Align ESG Reporting With Global Standards

Indian companies would have an easier time accessing international capital if the country better matched its standards for corporate environmental, social, and governance disclosures with global rules, a new report found.

The country’s Business Responsibility and Sustainability Reporting rules introduced in 2023 leave out several key areas of transition planning covered by the International Sustainability Standards Board, US think tank the Institute for Energy Economics and Financial Analysis said in the report. This includes scenario planning that shows how the company would perform under different economic conditions.

Indian rules require the country’s 1,000 largest publicly listed companies to report ...