JointValues is a strategic ESG consultancy that transforms fragmented data into high-integrity corporate assets. Leveraging our foundational expertise as seasoned Assurance Providers, we ensure your disclosures—from SEBI’s BRSR to global frameworks like GRI and IFRS—are built with an “Assurance-Ready” mindset. Every metric we architect is backed by verifiable evidence, designed to withstand the highest levels of regulatory scrutiny and investor due diligence.
Why ESG and Sustainability Reporting?
In today’s capital markets, non-financial performance is a key indicator of long-term resilience.
Expanding Mandate for ESG Disclosures
SEBI/HO/CFD/CMD2/P/CIR/2021/562
SEBI mandates Business Responsibility and Sustainability Reporting (BRSR) framework (Regulation 34(2)(f) of SEBI LODR) for Top 1000 listed entities.
SEBI/HO/CFD/CFDSEC-2/P/CIR/2023/122
Introduced “BRSR Core” subset of 9 ESG attributes and mandated reasonable assurance for top listed entities in a phased manner. Recognizing that a company’s impact extends beyond its own operations, this circular also introduced Value Chain Reporting.
SEBI/HO/CFD/CFDPoD-1/P/CIR/2024/177
Issued the Industry Standards developed by the Industry Standards Forum (ISF) comprising ASSOCHAM, FICCI, and CII, and aim to facilitate the standardisation and ease of implementation of BRSR Core disclosures.
SEBI/HO/CFD/CFDPoD-1/P/CIR/2025/42
Deferred Value Chain disclosures and assurance by one year (now applicable from FY
2025-26). Introduced a leadership indicator for Green Credits under Principle 6.
Enhancing Disclosure Integrity Through Strategic Rotation
Relying on the same advisory perspective year-over-year can lead to stagnation. Periodic rotation after 1–2 reporting cycles is a strategic best practice.
Understanding BRSR: The Indian Standard
The Business Responsibility and Sustainability Report (BRSR) is India’s comprehensive framework for ESG disclosures, mandated by SEBI for the top 1000 listed entities. It is structured into three vital sections:
Section A: General Disclosures: Covers the fundamental details of the company, including operations, operational locations, subsidiaries, and transparency in CSR initiatives.
Section B: Management and Process Disclosures: Focuses on governance and oversight, detailing the company’s ESG policies and the leadership’s role in driving sustainability commitments.
Section C: Principle-wise Performance Disclosures: Evaluates performance against the nine NGRBC principles through Essential Indicators (mandatory data on energy, emissions, water) and Leadership Indicators (Life Cycle Assessment, Scope 3 emissions, and biodiversity).
BRSR Core Attributes
BRSR Core is a subset of 9 ESG attributes and mandated reasonable assurance for top listed entities in a phased manner. Our consultancy specializes in building the rigorous data lineage and disclosure required for these attributes:
- Greenhouse Gas (GHG) Emission Footprint
- Energy Footprint
- Water Footprint
- Embracing Circularity (Waste Management)
- Enhancing Employee Well-being & Safety
- Enabling Gender Diversity in Business
- Enabling Inclusive Development
- Fairness in Engaging with Customers & Suppliers
- Openness of Business
Compliance Timelines: For Top 1000 And Voluntary By All
While SEBI mandates specific reporting for the top listed entities by market capitalization, SEBI’s LODR (Regulation 34(2)(f)) recommends that all companies disclose their ESG practices through the BRSR framework to meet growing customer and investor requirements.
| Key Timelines in India | FY 23-24 | FY 24-25 | FY 25-26 | FY 26-27 | FY 27-28 | FY 28-29 |
|---|---|---|---|---|---|---|
| BRSR MANDATE | Top 1000 | Top 1000 | Top 1000 | Top 1000 | Top 1000 | Top 1000 |
| BRSR CORE MANDATE | Top 150 | Top 250 | Top 500 | Top 1000 | Top 1000 | Top 1000 |
| BRSR CORE REASONABLE ASSURANCE/ASSESSMENT | Top 150 | Top 250 | Top 500 | Top 1000 | Top 1000 | Top 1000 |
| BRSR VALUE CHAIN DISCLOSURE | – | – | Top 250 | Top 500 | Top 1000 | Top 1000 |
| BRSR VALUE CHAIN DISCLOSURES’ LIMITED ASSURANCE/ASSESSMEN | – | – | Voluntary | Mandatory | Mandatory | Mandatory |
| SEBI RECOMMENDATION FOR BRSR | – | – | More Companies | More Companies | More Companies | More Companies |
Our Comprehensive Consultancy Services
We provide a 360-degree support ecosystem to align your business with BRSR, GRI, IFRS, CDP, and SDG frameworks.
Evaluating current structures and developing action plans to align sustainability strategies with global mandates.
Establishing structured approaches for Scope 1, 2, and 3 emissions, waste management, and social impact tracking.
Conducting Double Materiality Assessments to identify the issues most relevant to your business and stakeholders.
Drafting and finalizing comprehensive reports as per SEBI guidelines and the nine ESG principles.
Integrating BRSR with global standards like GRI, SASB, and TCFD to ensure international comparability.
Defining short and long-term goals and implementing corporate responsibility best practices.
Providing third-party validation and assisting in improving scores across major ESG rating agencies.
What sets JointValues apart is our experience as Assurance Providers. Because we conduct Reasonable Assurance audits for India’s largest entities, we know exactly what evidence is required to pass regulatory scrutiny.
- Assurability by Design: We build your consultancy reports with the necessary evidence-backed data lineage required for mandatory assurance.
We have successfully conducted Reasonable Assurance engagements for the BRSR Core for major public and private sector companies, including Bank of India (BOI), Mazagon Dock Shipbuilders Limited (MDL), Coal India Limited (CIL), NLC India Limited (NLCIL), Indian Railway Finance Corporation (IRFC), and NIIT Learning Systems Limited.
- Multi-Disciplinary Team: Our consultants include Chartered Accountants, BEE-certified Energy Auditors, ISO 14064 GHG Verifiers, and IT Data Protection Experts.
JS Kamyotra (Lead Assurer and Signatory)
Kaustav Dutta
Rakesh Gupta
Santosh Bhattacharya
Dr. Vishal Kaushik
Satya Mishra
Ritu Tomar
Vedanshi Singh
Ayush Vadgama