Environmental, Social, Governance

Overview

India’s transition to a low-carbon, climate-resilient economy—while ensuring inclusive growth and a just transition—depends critically on its ability to mobilise climate finance at scale. A key precondition for attracting such finance is the availability of transparent, comparable, and verifiable corporate ESG information that allows investors and lenders to identify companies and sectors with credible transition pathways.
SEBI’s Business Responsibility and Sustainability Reporting (BRSR) framework has initiated the institutionalisation of ESG disclosures in corporate India, with the top 1,000 listed companies by market capitalisation now mandated to publish annual ESG reports. However, the current disclosure framework has limited sectoral specificity and insufficient visibility into forward-looking transition strategies.
The ESG Programme focuses on strengthening ESG reporting and performance by advancing forward-looking transition disclosures, sector-specific benchmarks, and robust indicators. The programme also emphasises the development of strong measurement, reporting, and verification (MRV) systems to enhance the credibility of ESG data.
By improving transparency, comparability, and accountability, the programme seeks to enable investors and lenders to channel capital toward companies demonstrating credible, inclusive, and measurable transition pathways—at the scale and speed required for India’s climate transition.

Research Reports

Unified GHG Accounting and MRV Framework for The Iron and Steel Sector
BRSR supplement for the Steel Sector
BRSR Disclosure: ESG Performance of the Steel Sector

Upcoming Events

Report Launch & Panel Discussion I BRSR Disclosure: ESG Performance of the Cement Sector 2024–25

Report Launch & Panel Discussion I BRSR Disclosure: ESG Performance of the Cement Sector 2024–25

The event marks the release of iFOREST’s report, BRSR Disclosure: ESG Performance of the Cement Sector 2024–25. The report benchmarks 18 cement companies, which together account for nearly 87% of India’s cementitious material production, against 107 indicators under SEBI’s Business Responsibility and Sustainability Reporting (BRSR) framework. The sector’s CO₂ emissions rose 4% in FY25 to 224 million tonnes, 6–7% of India’s total, as output grew. The report assesses how the industry is performing on environmental, social and governance measures, and how fully it reports them. The event will bring together industry leaders, government agencies, regulators, investors, rating agencies and think tanks to discuss the report’s findings and recommendations. Panels will cover low-carbon pathways for the cement sector and how to close gaps in BRSR disclosure, with the aim of steering the industry towards a low-carbon, resource-efficient and globally competitive future. Research Reports: BRSR Disclosure: ESG Performance of the Cement Sector 2024–25

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Oct 29, 2026 | 10:00 am

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India Habitat Centre, Tamarind Hall, Lodhi Road, New Delhi New Delhi, India

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