Taxmann ESG and BRSR Reporting By Kishor M Parikh Edition October 2023

Taxmann ESG & BRSR Reporting By Kishor M Parikh Edition 2023

Taxmann ESG & BRSR Reporting By Kishor M Parikh Edition 2023

Description

The first dedicated book on the subject of Environmental, Social and Governance (ESG) and Business Responsibility & Sustainability Reporting (BRSR) provides a comprehensive overview of the following:

• Key Concepts
• Practices
• Challenges

It discusses the format of BRSR and guides companies to understand the scope of disclosures. It combines insights and perspectives from sustainability reporting, corporate governance, and responsible investment.

The book is designed to help finance/governance/sustainability professionals, business leaders, investors, regulators, and anyone keen to understand the significance of ESG issues and effective reporting.

The Present Publication is the latest 2023 edition and has been amended up to September 2023. This book is authored by Kishor M Parikh, with the following coverage:

Environmental, Social and Governance (ESG)

• Global Risks
• Concept of ESG
• Environmental Awareness in the Vedic Literature
• Recent Global Updates
• Advantages of Incorporating ESG Standards
• Practical Challenges of ESG Reporting
• ESG & the Accounting Profession
• ESG Investing an Evolving Concept in India
• ESG Disclosure Regulations and Mandatory ESG Reporting at a Global Level
• Case Study

Sustainability

• What is Sustainability
• Triple Bottom Line: People, Planet and Profit
• Benefits of Sustainability Reporting
• Global Scenario of ESG Development Goals
• Sustainable Development Goals (SDG)

Global ESG Reporting Framework

• Climate Disclosure Standards Board (CDSB)
• International Integrated Reporting Council (IIRC)
• Sustainability Accounting Standards Board (SASB)
• Task Force on Climate-related Financial Disclosures (TCFD)
• Value Reporting Foundation (VRF)
• International Sustainability Standards Board (ISSB)
• Global Reporting Initiative (GRI)

Social Stock Exchange

• Background
• SSE-SEBI Recommendations and Analysis
• Social Stock Exchange under the Regulatory Ambit of SEBI
• Self-Regulatory Organization (SRO)
• Social Stock Exchange at the Global Level
• Governance Disclosures
• Financial Disclosures

Audit and Assurance

• What is Sustainability Assurance?
• Advantages of Sustainable Assurance
• Types of Assurance
• Sustainability Information Assurance Standard
• Role of Audit Committee
• What is a Social Audit?
• Types of Social Audits
• Who can Perform a Social Audit in India
• Social Audit Standards in India
• Difference between Financial Reporting and Sustainable Reporting

Business Responsibility & Sustainability Reporting (BRSR)

• Events that Lead to the Development of Business Responsibility and Sustainability Reporting (BRSR)
• National Voluntary Guidelines (NVG)
• National Guidelines on Responsible Business Conduct (NGRBC)
• Practical Challenges of BRSR Adoption in India
• Guidance Note for Business Responsibility and Sustainability Reporting Format (BRSR)
• Assurance & Structure of ESG Disclosures
• Assurance
• Structure of BRSR Reporting

BRSR Lite

• Structure of BRSR Lite

About the author

Kishor M. Parikh stands out as a distinguished Fellow member of the esteemed Institute of Chartered Accountants of India (ICAI), and he proudly serves as a partner at M/s M. M. Parikh & Co. His advisory prowess extends to Bathiya & Associates LLP, where his insights are valued.

A Certificate in IFRS from the Institute of Chartered Accountants of India adorns his impressive qualifications, complemented by his successful completion of the rigorous Diploma in International Financial Reporting examination by ACCA (UK).

Over numerous years, Mr Parikh has immersed himself in catalyzing Environmental, Social, and Governance (‘ESG’) initiatives that resonate with India Inc. His dedicated involvement is evident in his collaboration with entities embracing the Business Responsibility & Sustainability Reporting (‘BRSR’) framework, as mandated by the esteemed Securities and Exchange Board of India. This involves his adeptness in designing, executing, and curating disclosures to ensure adherence to BRSR.

As an outstanding academician for over three and a half decades, he has imparted his knowledge to many professionals and corporate entities, enlightening them about BRSR. Additionally, his sagacious guidance has proven invaluable to listed companies, enabling them to align with global reporting standards such as the Global Reporting Initiative (‘GRI’).

His expertise extends to presenting scholarly papers before the discerning eyes of the Office of Comptroller and Auditor General of India (CAG) and the esteemed officers of public enterprises under the Ministry of Industries in India. This attests to his profound influence in matters of financial and reporting significance.

A special invitee to the Sustainability Reporting Standards Board of ICAI, Mr. Parikh’s insights and opinions are highly regarded. His membership in the Ind-AS implementation transition group of ICAI and his contributions to the Expert Advisory Committee of ICAI further underscores his commitment to driving excellence.

As a visiting faculty at numerous prestigious professional platforms, Mr Parikh imparts his wisdom on ESG, BRSR, Ind AS, IFRS, and other related reporting frameworks, leaving an indelible mark on the landscape of financial reporting and sustainable practices.