BRSR stands for Business Responsibility and Sustainability Report. Which companies are mandatorily required to include BRSR in their annual reports as per SEBI regulations?

SEBI introduced the Business Responsibility and Sustainability Report (BRSR) to standardise ESG-related non-financial disclosures. BRSR is mandatorily applicable to the top 1,000 listed companies in India (by market capitalisation) for their annual reports starting from FY 2022-23. It replaced the earlier Business Responsibility Report (BRR) and follows a more comprehensive format aligned with international ESG reporting standards. BRSR requires disclosures across nine principles covering environmental impact, employee welfare, governance, community engagement, and responsible business conduct.