Over half of India's top 100 listed companies voluntarily disclose Scope 3 data in BRSR
Supplementing the efforts of the Indian government to achieve a net-zero emission target by 2070, as many as 51 percent of the top-100 companies have started making disclosures on a voluntary basis about carbon emissions, says a PwC India survey. The survey further said that about 31 percent of the respondent companies have disclosed their net-zero targets. This sheds light on how Indian businesses are taking a step further in ESG reporting as Scope 3 emissions are crucial to understand an entity's net zero journey.
India's transition to BRSR Core positions the nation as a frontrunner in the global transition towards a more credible and transparent sustainability reporting landscape.
With the BRSR becoming a mandatory report for businesses, ESG considerations have become key strategic priorities in boardroom discussions. This is a testimony of the enhanced awareness of the importance of sustainability and responsible business practices. The survey further said 44 percent of the top 100 listed companies conducted the life-cycle assessment of their products or services, 89 percent of the companies disclosed their information on leadership indicators, 49 percent have increased their energy consumption from renewable sources.
