The SEBI mapping of green bonds akin to Article 8 of the EU Taxonomy is the part of inter-operability of sustainability disclosure standards. The local and the global weave into a seamless tapestry of regulatory topologies. The Indian ‘Atma-Nirbhar’ variant of ESG Reporting mandated by SEBI, the Business Responsibility & Sustainability Reporting (BRSR) is mapped to CDP, GRI, TCFD and SASB frameworks.
And even better it is mandatory for the top thousand publicly listed firms on the National Stock Exchange (NSE). This in line with mandatory sustainability disclosures at the SGX and stringent measures by the MAS in Singapore. The terrain of global capital is truly ‘flat’, Thomas Friedman would be proud.
#sustainability#singapore#india#brsr#esgreporting#eutaxonomy#business