Published Paper Details:

Global investors and governments are placing increasing emphasis on environmentally responsible finance. Investors are now considering factors beyond simple risk and return, while businesses strive to operate in a responsible and sustainable manner. Environmental, Social, and Governance (ESG) principles assess a company's overall responsibility for various environmental and social issues. This study delves into the concept of "Business Responsibility and Sustainability Reporting" (BRSR) within the ESG framework, focusing on its implementation in four selected Indian Power Sector companies. Considering the critical role of the power sector and its substantial environmental impact, an in-depth examination of the disclosures made by prominent energy companies in India was undertaken. This involved conducting a content analysis of the Business Responsibility and Sustainability Reports (BRSR) submitted by these companies. The study specifically examines principles 2 and 6 within the BRSR reports. Findings reveal that under principle 2, all companies present their reports in a favourable manner. Regarding principle 6, companies tend to be more transparent about areas where they have demonstrated improvement.