Environmental, Social and Governance (ESG) Disclosures and Corporate Accountability in India: A Critical Analysis of SEBI’s Post-2021 Regulatory Framework

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

🔬研究者:Provides a case study of ESG disclosure regulation in an emerging market, useful for comparative governance research.

🏢実務担当者:Highlights BRSR compliance requirements and challenges, informing corporate sustainability teams operating in India.

🏛政策担当者:Offers lessons on regulatory design and enforcement for sustainability disclosure, relevant for emerging economies.

The Environmental Social and Governance ESG framework has developed into a crucial method for assessing how companies perform their operations beyond standard financial assessment methods. The study investigates how ESG disclosure functions as a corporate accountability tool in India through an analysis of SEBI regulatory changes that occurred after 2021. The study examines how companies progressed from choosing to implement Corporate Social Responsibility CSR practices towards following mandatory sustainability reporting requirements established by the Business Responsibility and Sustainability Reporting BRSR system. The paper investigates the basic principles of ESG between its environmental and social and governance aspects and its implementation into corporate governance systems. The study tracks how sustainability disclosure regulations developed in India from 2011 through 2019 to the present day when Business Responsibility Reports transitioned into BRSR reporting. The research evaluates how ESG disclosure regulations operate in India by examining three specific laws, which include the SEBI Act 1992 and the LODR Regulations 2015 and the BRSR Core requirements that were introduced in 2023. The study assesses how ESG disclosure practices improve organizational transparency while protecting investors and ensuring stakeholders meet their responsibilities and organizations manage their risks. The research findings demonstrate that organizations in India have better transparency and accountability through ESG disclosure, but they still need to address significant challenges with their ESG implementation and enforcement processes. The study shows that organizations need to improve their corporate accountability through better regulatory oversight and ESG metric standardization and improved stakeholder communication, which will help them establish ESG disclosure as an evolving corporate governance practice in India. Keywords: Environmental, Social, Governance, Corporate Accountability, Disclosures.

• semanticscholar https://aijlls.com/index.php/aijlls/article/download/19/11first seen 2026-08-09 05:35:27