{"id":26658,"date":"2024-05-22T18:20:56","date_gmt":"2024-05-22T12:50:56","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=26658"},"modified":"2024-05-22T19:18:48","modified_gmt":"2024-05-22T13:48:48","slug":"business-responsibility-sustainability-reporting","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/","title":{"rendered":"All About Business Responsibility &#038; Sustainability Reporting"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d0e096aa760\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d0e096aa760\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Overview_on_Business_Responsibility_Sustainability_Reporting\" title=\"Overview on Business Responsibility &amp; Sustainability Reporting\">Overview on Business Responsibility &amp; Sustainability Reporting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Applicability_of_BRS_Reports_in_India\" title=\"Applicability of BRS Reports in India\">Applicability of BRS Reports in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Principles_of_Business_Responsibility_and_Sustainability_Report\" title=\"Principles of Business Responsibility and Sustainability Report\">Principles of Business Responsibility and Sustainability Report<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Ethical_Business_Practices\" title=\"Ethical Business Practices\">Ethical Business Practices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Transparency_and_Accountability\" title=\"Transparency and Accountability\">Transparency and Accountability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Sustainable_Goods_and_Services\" title=\"Sustainable Goods and Services\">Sustainable Goods and Services<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Employee_Well-being\" title=\"Employee Well-being\">Employee Well-being<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Stakeholder_Responsiveness\" title=\"Stakeholder Responsiveness\">Stakeholder Responsiveness<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Human_Rights_Promotion\" title=\"Human Rights Promotion\">Human Rights Promotion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Regulatory_Compliance\" title=\"Regulatory Compliance\">Regulatory Compliance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Inclusive_Growth_and_Consumer_Welfare\" title=\"Inclusive Growth and Consumer Welfare\">Inclusive Growth and Consumer Welfare<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#SEBIs_Regulatory_Framework_for_ESG\" title=\"SEBI&#8217;s Regulatory Framework for ESG\">SEBI&#8217;s Regulatory Framework for ESG<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Key_Components_of_SEBIs_Framework\" title=\"Key Components of SEBI&#8217;s Framework:\">Key Components of SEBI&#8217;s Framework:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Implications_for_Listed_Entities_and_Investors\" title=\"Implications for Listed Entities and Investors:\">Implications for Listed Entities and Investors:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Key_Decisions_by_SEBI_on_ESG_Disclosures_Ratings_and_Investing\" title=\"Key Decisions by SEBI on ESG Disclosures, Ratings, and Investing\">Key Decisions by SEBI on ESG Disclosures, Ratings, and Investing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Consequences_of_Unsustainability_or_Non-Compliance_with_Sustainability_Practices\" title=\"Consequences of Unsustainability or Non-Compliance with Sustainability Practices\">Consequences of Unsustainability or Non-Compliance with Sustainability Practices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Environmental_Consequences\" title=\"Environmental Consequences\">Environmental Consequences<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Environmental_Degradation\" title=\" Environmental Degradation:\"> Environmental Degradation:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Climate_Change\" title=\" Climate Change:\"> Climate Change:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Social_and_Economic_Consequences\" title=\"Social and Economic Consequences\">Social and Economic Consequences<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Summary_of_SEBIs_Framework\" title=\"Summary of SEBI\u2019s Framework\">Summary of SEBI\u2019s Framework<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Improve_Business_Responsibility_and_Sustainability_Report_BRSR_compliance\" title=\"Improve Business Responsibility and Sustainability Report (BRSR) compliance\">Improve Business Responsibility and Sustainability Report (BRSR) compliance<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Start_Early\" title=\"Start Early:\">Start Early:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Get_Buy-In_from_Top_Management\" title=\"Get Buy-In from Top Management:\">Get Buy-In from Top Management:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Involve_Stakeholders\" title=\"Involve Stakeholders:\">Involve Stakeholders:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/carajput.com\/blog\/business-responsibility-sustainability-reporting\/#Use_a_BRSR_Software_Solution\" title=\"Use a BRSR Software Solution:\">Use a BRSR Software Solution:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-26660\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2024\/05\/Business-Responsibility-Sustainability-Reporting.jpeg\" alt=\"Business Responsibility &amp; Sustainability Reporting\" width=\"1004\" height=\"720\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2024\/05\/Business-Responsibility-Sustainability-Reporting.jpeg 1004w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2024\/05\/Business-Responsibility-Sustainability-Reporting-300x215.jpeg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2024\/05\/Business-Responsibility-Sustainability-Reporting-768x551.jpeg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2024\/05\/Business-Responsibility-Sustainability-Reporting-800x574.jpeg 800w\" sizes=\"(max-width: 1004px) 100vw, 1004px\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Overview_on_Business_Responsibility_Sustainability_Reporting\"><\/span><span style=\"color: #000080;\"><strong>Overview on Business Responsibility &amp; Sustainability Reporting<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>BRSR framework is a required disclosure mechanism that allows them to show their dedication to responsible business practices by reporting on their performance on Environmental, social, &amp; governance (ESG) elements for the top 1000 listed companies or businesses. The Business Responsibility and Sustainability (BRS) report offers several key advantages to organizations:<\/p>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Enhanced Reputation<\/strong>:<\/span> Publishing a BRS report showcases a company&#8217;s dedication to ethical practices, sustainability, and social responsibility, building trust and credibility among stakeholders such as customers, investors, employees, and the public. This leads to an enhanced reputation.<\/li>\n<li><span style=\"color: #000080;\"><strong>Stakeholder Engagement<\/strong>:<\/span> The BRS report provides a transparent platform for communication with stakeholders, allowing organizations to share their sustainability initiatives, environmental impacts, social contributions, and future goals. This fosters meaningful relationships and encourages active stakeholder involvement.<\/li>\n<li><span style=\"color: #000080;\"><strong>Competitive Advantage<\/strong>:<\/span> A comprehensive BRS report sets an organization apart from its competitors by highlighting its sustainability performance, innovation, and forward-thinking approach. It positions the company as a market leader, attracting customers and investors who prioritize ethical and sustainable practices.<\/li>\n<li><span style=\"color: #000080;\"><strong>Risk Management<\/strong>:<\/span> By identifying and managing potential risks associated with environmental, social, and governance (ESG) factors, the BRS report helps organizations take proactive measures to mitigate these risks, minimizing potential legal, reputational, or operational issues.<\/li>\n<li><span style=\"color: #000080;\"><strong>Cost Savings and Efficiency<\/strong>:<\/span> Sustainability initiatives often lead to cost savings and increased operational efficiency. The BRS report allows companies to highlight efforts in reducing waste, improving energy efficiency, optimizing supply chains, and adopting sustainable practices, resulting in reduced resource consumption and associated costs.<\/li>\n<li><span style=\"color: #000080;\"><strong>Regulatory Compliance<\/strong>:<\/span> Creating a BRS report helps organizations comply with regulations and reporting requirements related to corporate sustainability and social responsibility, ensuring they operate within legal boundaries and stay updated on evolving standards.<\/li>\n<li><span style=\"color: #000080;\"><strong>Investor Attraction and Access to Capital<\/strong>:<\/span> With investors increasingly considering ESG factors, a comprehensive BRS report showcases a company&#8217;s sustainable practices and long-term viability. This attracts socially responsible investors and opens doors to sustainable investment funds and capital providers.<\/li>\n<li><span style=\"color: #000080;\"><strong>Employee Engagement and Retention<\/strong>:<\/span> The BRS report serves to engage employees by aligning them with the organization\u2019s sustainability goals. Highlighting the company\u2019s commitment to ethical and responsible practices fosters a sense of pride and purpose, leading to improved employee satisfaction, retention, and productivity.<\/li>\n<li><span style=\"color: #000080;\"><strong>Innovation and Future-Proofing<\/strong>:<\/span> Emphasizing sustainability in the BRS report encourages organizations to seek innovative solutions and technologies that reduce environmental impact and improve social outcomes. This drives adaptation to changing market trends, customer demands, and regulatory requirements, ensuring long-term viability and resilience.<\/li>\n<li><span style=\"color: #000080;\"><strong>Positive Societal Impact<\/strong>:<\/span> Ultimately, the BRS report contributes to positive societal impact by promoting sustainable practices, responsible business conduct, and engagement with local communities. It helps organizations address social and environmental challenges, aligning business objectives with broader sustainable development goals.<\/li>\n<\/ul>\n<p>Overall, the BRS report offers numerous benefits, including improved reputation, stakeholder engagement, risk management, cost savings, and access to capital, helping organizations become more sustainable, resilient, and successful in the long run.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Applicability_of_BRS_Reports_in_India\"><\/span><span style=\"color: #000080;\"><strong>Applicability of BRS Reports in India<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>In India, the requirement to publish Business Responsibility and Sustainability (BRS) reports applies specifically to the top 1000 listed entities based on market capitalization. This mandate ensures that major players in the market adhere to and disclose their sustainability and social responsibility practices, thereby promoting transparency and accountability.<\/li>\n<li>The objective of SEBI&#8217;s BRSR framework is to improve responsibility and transparency among listed businesses. With the firms Act of 2013, India led the way in requiring companies to engage in corporate social responsibility (CSR) by allocating at least 2% of their profits to such initiatives.<\/li>\n<li>The requirements for the Business Responsibility and Sustainability Report (BRSR) submission for companies based on their market capitalization and listing status:\n<ol>\n<li><span style=\"color: #000080;\"><strong>Mandatory for FY2022-23:\u00a0 <\/strong><\/span>Applicable to the top 1,000 listed companies by market capitalization.<\/li>\n<li><strong><span style=\"color: #000080;\">Voluntary for FY2021-22:<\/span> <\/strong>Applicable to the top 1,000 listed companies by market capitalization.<\/li>\n<li><span style=\"color: #000080;\"><strong>Voluntary for other companies from FY2021-22 onwards:\u00a0<\/strong><\/span>\n<ul>\n<li>Applies to listed companies that are not among the top 1,000 by market capitalization.<\/li>\n<li>Also applicable to companies that have listed their specified securities on the Small and Medium Enterprises (SME) exchange.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Principles_of_Business_Responsibility_and_Sustainability_Report\"><\/span><span style=\"color: #000080;\"><strong>Principles of Business Responsibility and Sustainability Report<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Business Responsibility and Sustainability Report (BRSR) framework, designed by the Securities and Exchange Board of India (SEBI), aims to encourage companies to adopt sustainable and responsible business practices. It is grounded in nine fundamental principles derived from the National Guidelines on Responsible Business Conduct (NGRBC). These principles outline the expectations for companies to operate ethically, transparently, and sustainably, while promoting the well-being of stakeholders and the environment.<\/p>\n<ol>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Ethical_Business_Practices\"><\/span><span style=\"color: #000080;\">Ethical Business Practices<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Ensure that companies operate with integrity and ethical standards. Upholding fair business practices, maintaining honesty in all dealings, and fostering a culture of ethical conduct throughout the organization.<\/p>\n<ol start=\"2\">\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Transparency_and_Accountability\"><\/span><span style=\"color: #000080;\">Transparency and Accountability<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Promote openness and responsible behavior within organizations. Regular disclosure of business activities, decision-making processes, and performance outcomes to stakeholders. Holding entities accountable for their actions and ensuring mechanisms for redressal of grievances.<\/p>\n<ol start=\"3\">\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Sustainable_Goods_and_Services\"><\/span><span style=\"color: #000080;\">Sustainable Goods and Services<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Provide products and services that contribute to sustainability. Designing and delivering goods and services that minimize negative environmental and social impacts throughout their lifecycle. Encouraging innovation for sustainable solutions.<\/p>\n<ol start=\"4\">\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Employee_Well-being\"><\/span><span style=\"color: #000080;\">Employee Well-being<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Ensure the health, safety, and well-being of employees. Providing fair wages, safe working conditions, opportunities for professional development, and respecting workers&#8217; rights. Extending these practices to employees within the value chain. Environmental Protection and Sustainable Production Minimize environmental impact and promote sustainable practices. Adopting practices that reduce pollution, conserve resources, and enhance environmental sustainability. Implementing energy-efficient processes, waste management, and sustainable sourcing.<\/p>\n<ol start=\"6\">\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Stakeholder_Responsiveness\"><\/span><span style=\"color: #000080;\">Stakeholder Responsiveness<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Engage effectively with all stakeholders. Identifying and understanding the needs and concerns of stakeholders, including customers, employees, suppliers, and communities. Fostering inclusive dialogue and responding to stakeholder feedback.<\/p>\n<ol start=\"7\">\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Human_Rights_Promotion\"><\/span><span style=\"color: #000080;\">Human Rights Promotion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Uphold and promote human rights. Ensuring that business operations do not infringe on human rights. Promoting practices that support human dignity, equality, and freedom. Addressing any adverse impacts on human rights linked to business activities.<\/p>\n<ol start=\"8\">\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Regulatory_Compliance\"><\/span><span style=\"color: #000080;\">Regulatory Compliance<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Ensure compliance with laws and regulations. Adhering to all relevant legal requirements and regulatory standards. Staying informed about changes in legislation and implementing necessary adjustments to maintain compliance.<\/p>\n<ol start=\"9\">\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Inclusive_Growth_and_Consumer_Welfare\"><\/span><span style=\"color: #000080;\">Inclusive Growth and Consumer Welfare<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Facilitate equitable development and ensure consumer welfare. Contributing to the socio-economic development of communities. Ensuring that products and services are safe, accessible, and beneficial to consumers. Supporting initiatives that promote inclusive growth and reduce inequalities.<\/p>\n<p>The BRSR framework, grounded in these nine principles, guides companies towards integrating sustainability and responsibility into their core operations. By adhering to these principles, businesses can contribute to the well-being of society, protect the environment, and ensure long-term success and resilience.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SEBIs_Regulatory_Framework_for_ESG\"><\/span><span style=\"color: #000080;\"><strong>SEBI&#8217;s Regulatory Framework for ESG<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On March 30, 2023, the Securities and Exchange Board of India (SEBI) approved a balanced framework for ESG disclosures, ratings, and investing. This regulatory framework aims to standardize and enhance the quality of ESG disclosures, ensuring that investors and other stakeholders have access to reliable and comparable information.<\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/archives\/sebi-guidance-note-business-responsibility-and-sustainability.pdf\">SEBI issue Guidance Note for Business Responsibility &amp; Sustainability Reporting format<\/a><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Key_Components_of_SEBIs_Framework\"><\/span><span style=\"color: #000080;\"><strong>Key Components of SEBI&#8217;s Framework:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span style=\"color: #000080;\"><strong>ESG Disclosures<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Enhanced Reporting Requirements<\/strong>:<\/span> The framework mandates detailed and standardized ESG disclosures for listed entities. This includes information on environmental impact, social contributions, and governance practices.<\/li>\n<li><span style=\"color: #000080;\"><strong>Alignment with Global Standards<\/strong>:<\/span> The framework aligns with international best practices, facilitating comparability with global peers.<\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000080;\"><strong>ESG Ratings<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Transparent Methodologies<\/strong>:<\/span> SEBI&#8217;s framework requires ESG rating providers to disclose their methodologies, ensuring transparency and reliability in ESG ratings.<\/li>\n<li><span style=\"color: #000080;\"><strong>Regulation of Rating Providers<\/strong>:<\/span> SEBI regulates ESG rating agencies to ensure consistency and credibility in their assessments.<\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000080;\"><strong>ESG Investing<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Integration into Investment Processes<\/strong>:<\/span> The framework encourages the integration of ESG factors into investment decision-making processes, promoting responsible investing.<\/li>\n<li><span style=\"color: #000080;\"><strong>Amendments to Regulations<\/strong>:<\/span> SEBI has amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Mutual Funds) Regulations, 1996, to facilitate ESG-focused investments and disclosures.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Implications_for_Listed_Entities_and_Investors\"><\/span><span style=\"color: #000080;\"><strong>Implications for Listed Entities and Investors:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span style=\"color: #000080;\"><strong>For Listed Entities<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Compliance<\/strong>:<\/span> The top 1000 listed companies must comply with the enhanced ESG disclosure requirements, which necessitates a thorough understanding and integration of ESG factors into their business operations.<\/li>\n<li><span style=\"color: #000080;\"><strong>Transparency and Accountability<\/strong>:<\/span> Companies are expected to adopt transparent practices and disclose their ESG initiatives and performance comprehensively.<\/li>\n<li><span style=\"color: #000080;\"><strong>Stakeholder Trust<\/strong>:<\/span> Enhanced disclosures build trust among stakeholders, including investors, customers, and regulators, leading to potential reputational and financial benefits.<\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000080;\"><strong>For Investors<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Informed Decision-Making<\/strong>:<\/span> Access to standardized and reliable ESG information enables investors to make informed decisions, aligning their investments with their values and risk preferences.<\/li>\n<li><span style=\"color: #000080;\"><strong>Responsible Investing<\/strong>:<\/span> The framework supports the growing trend of responsible investing, where investors consider ESG factors as part of their investment strategies.<\/li>\n<\/ul>\n<\/li>\n<li>The mandate for BRS reports and SEBI&#8217;s regulatory framework for ESG disclosures, ratings, and investing mark significant steps towards sustainable and responsible business practices in India. These measures not only enhance transparency and accountability but also align Indian companies with global sustainability standards, fostering a more resilient and ethical market environment.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Key_Decisions_by_SEBI_on_ESG_Disclosures_Ratings_and_Investing\"><\/span><span style=\"color: #000080;\"><strong>Key Decisions by SEBI on ESG Disclosures, Ratings, and Investing<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000080;\"><strong>ESG Disclosures<\/strong><\/span><\/p>\n<p><span style=\"color: #000080;\"><strong>Introduction of BRSR Core<\/strong><\/span><\/p>\n<p><span style=\"color: #000080;\"><strong> BRSR Core Implementation<\/strong>:<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><span style=\"color: #000080;\"><strong>Objective<\/strong>:<\/span> Enhance the reliability of ESG disclosures.<\/li>\n<li><span style=\"color: #000080;\"><strong>Components<\/strong>:<\/span> BRSR Core will include a limited set of Key Performance Indicators (KPIs) for which listed entities must obtain reasonable assurance.<\/li>\n<li><span style=\"color: #000080;\"><strong>Applicability Timeline<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>FY 2023-24<\/strong>:<\/span> Top 150 listed entities by market capitalization.<\/li>\n<li><span style=\"color: #000080;\"><strong>FY 2026-27<\/strong>:<\/span> Gradual extension to the top 1000 listed entities.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong> ESG Disclosures for Value Chain<\/strong>:<\/span><\/p>\n<p><span style=\"color: #000080;\"><strong>Objective<\/strong>:<\/span> Increase transparency in the ESG impacts of a company&#8217;s value chain.<\/p>\n<p><span style=\"color: #000080;\"><strong>Requirements<\/strong>:<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>ESG disclosures and reasonable assurance (BRSR Core only) for significant value chain ESG footprints.<\/li>\n<li>Specific thresholds for these disclosures will be specified.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Applicability Timeline<\/strong>:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000080;\"><strong>FY 2024-25 and FY 2025-26<\/strong><\/span>: Apply to the top 250 listed entities by market capitalization on a comply-or-explain basis.<\/li>\n<li><span style=\"color: #000080;\"><strong>ESG Ratings<\/strong><\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>i. Consideration of Emerging Market Parameters<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Objective<\/strong>:<\/span> Reflect unique environmental and social challenges of Emerging Markets in ESG ratings.<\/li>\n<li><span style=\"color: #000080;\"><strong>Requirements<\/strong>:<\/span> ESG Rating Providers (ERPs) must incorporate India\/Emerging Market parameters in their ESG ratings, while still being able to issue additional ratings as needed by clients.<\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000080;\"><strong>ii. Introduction of Core ESG Rating<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Objective<\/strong><\/span>: Ensure credibility of ESG ratings.<\/li>\n<li><span style=\"color: #000080;\"><strong>Components<\/strong>:<\/span> Core ESG Rating will be based on parameters that have been assured under BRSR Core.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Consequences_of_Unsustainability_or_Non-Compliance_with_Sustainability_Practices\"><\/span><span style=\"color: #000080;\"><strong>Consequences of Unsustainability or Non-Compliance with Sustainability Practices<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Failing to adhere to sustainability practices can have significant and wide-ranging consequences for both the environment and society. Here are some potential impacts:<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Environmental_Consequences\"><\/span><span style=\"color: #000080;\"><strong>Environmental Consequences<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Environmental_Degradation\"><\/span><span style=\"color: #000080;\"><strong> Environmental Degradation<\/strong>:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p><span style=\"color: #000080;\"><strong>Deforestation and Habitat Destruction<\/strong>:<\/span> Unsustainable practices often result in the clearing of forests and destruction of natural habitats, which threatens wildlife and reduces biodiversity.<\/p>\n<p><span style=\"color: #000080;\"><strong>Pollution<\/strong>:<\/span> Ignoring sustainability can lead to the contamination of air, water, and soil. Industrial emissions, improper waste disposal, and chemical runoff from agriculture can significantly harm ecosystems and human health.<\/p>\n<p><span style=\"color: #000080;\"><strong>Resource Depletion<\/strong>:<\/span> Overexploitation of natural resources like water, minerals, and fossil fuels can lead to their depletion, making them unavailable for future generations.<\/p>\n<ol start=\"2\">\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Climate_Change\"><\/span><span style=\"color: #000080;\"><strong> Climate Change<\/strong>:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ol>\n<p><span style=\"color: #000080;\"><strong>Global Warming<\/strong><\/span>: Failing to reduce greenhouse gas emissions contributes to global warming, causing higher average temperatures worldwide.<\/p>\n<p><span style=\"color: #000080;\"><strong>Extreme Weather Events<\/strong>:<\/span> Climate change increases the frequency and severity of extreme weather events such as hurricanes, droughts, and floods. These events can cause widespread damage to infrastructure, agriculture, and settlements.<\/p>\n<p><span style=\"color: #000080;\"><strong>Sea-Level Rise<\/strong>:<\/span> Melting polar ice and expanding seawater due to higher temperatures lead to sea-level rise, which can inundate coastal areas, leading to loss of habitat and displacement of human populations.<\/p>\n<p><span style=\"color: #000080;\"><strong>Ecosystem Disruption<\/strong>:<\/span> Changes in temperature and precipitation patterns disrupt ecosystems, affecting species migration, breeding cycles, and food availability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Social_and_Economic_Consequences\"><\/span><span style=\"color: #000080;\"><strong>Social and Economic Consequences<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><span style=\"color: #000080;\"><strong> Health Impacts<\/strong>:<\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Air and Water Pollution<\/strong>:<\/span> Exposure to pollutants can cause respiratory diseases, cardiovascular conditions, and other health problems. Contaminated water sources can lead to waterborne diseases.<\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Food Security<\/strong>:<\/span> Climate change and environmental degradation can reduce agricultural productivity, leading to food shortages and higher prices, disproportionately affecting vulnerable populations.<\/p>\n<ol start=\"2\">\n<li><span style=\"color: #000080;\"><strong> Economic Losses<\/strong>:<\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Damage to Infrastructure<\/strong><\/span>: Extreme weather events can cause significant damage to infrastructure such as roads, bridges, and buildings, leading to costly repairs and economic losses.<\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Loss of Livelihoods<\/strong>:<\/span> Environmental degradation can disrupt industries that rely on natural resources, such as agriculture, fishing, and tourism, leading to job losses and economic instability.<\/p>\n<ol start=\"3\">\n<li><span style=\"color: #000080;\"><strong> Social Displacement<\/strong>:<\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Migration and Displacement<\/strong>:<\/span> Rising sea levels, extreme weather events, and resource scarcity can force people to migrate, leading to displacement and increased strain on urban areas and social services.<\/p>\n<ol start=\"4\">\n<li><span style=\"color: #000080;\"><strong> Regulatory and Legal Consequences<\/strong>:<\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Non-Compliance Penalties<\/strong>:<\/span> Companies that fail to comply with environmental regulations can face fines, legal action, and sanctions. This can damage their financial standing and reputation.<\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Loss of Market Access<\/strong>:<\/span> Increasingly, markets and consumers favor sustainable practices. Non-compliant companies may lose access to markets or face boycotts from environmentally conscious consumers.<\/p>\n<p><span style=\"color: #000080;\"><strong>Long-Term Consequences<\/strong><\/span><\/p>\n<ol>\n<li><span style=\"color: #000080;\"><strong> Loss of Biodiversity<\/strong>:<\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Species Extinction<\/strong>:<\/span> Unsustainable practices can lead to the extinction of species, reducing biodiversity and weakening ecosystems&#8217; resilience to environmental changes.<\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Ecosystem Services<\/strong>:<\/span> The loss of biodiversity affects the ecosystem services that humans rely on, such as pollination of crops, water purification, and climate regulation.<\/p>\n<ol start=\"2\">\n<li><span style=\"color: #000080;\"><strong> Intergenerational Equity<\/strong>:<\/span><\/li>\n<\/ol>\n<p><span style=\"color: #000080;\"><strong>Future Generations<\/strong>:<\/span> Unsustainable practices jeopardize the ability of future generations to meet their own needs. Resource depletion and environmental damage create long-term challenges for economic development and human well-being.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Summary_of_SEBIs_Framework\"><\/span><span style=\"color: #000080;\"><strong>Summary of SEBI\u2019s Framework<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span style=\"color: #000080;\"><strong>BRSR Core<\/strong>:<\/span> A standardized set of KPIs for reliable ESG disclosures, gradually extending from the top 150 to the top 1000 listed entities by FY 2026-27.<\/li>\n<li><span style=\"color: #000080;\"><strong>Value Chain Disclosures<\/strong>:<\/span> Enhanced transparency in ESG impacts of the value chain for the top 250 entities, with a phased comply-or-explain approach starting FY 2024-25.<\/li>\n<li><span style=\"color: #000080;\"><strong>ESG Ratings<\/strong>:<\/span> Incorporation of Emerging Market parameters and introduction of a Core ESG Rating based on assured BRSR Core parameters to ensure rating credibility.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Implications<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"color: #000080;\"><strong>For Listed Entities<\/strong>:<\/span>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Compliance and Assurance<\/strong>:<\/span> Listed entities need to prepare for phased compliance with the BRSR Core and value chain disclosures, obtaining reasonable assurance for specified KPIs.<\/li>\n<li><span style=\"color: #000080;\"><strong>Enhanced Reporting<\/strong>:<\/span> More rigorous and transparent reporting on ESG factors will be required, reflecting both direct operations and value chain impacts.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>For ESG Rating Providers<\/strong>:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Adapting Methodologies<\/strong>:<\/span> ERPs will need to adapt their rating methodologies to include Emerging Market-specific parameters.<\/li>\n<li><span style=\"color: #000080;\"><strong>New Rating Categories<\/strong>:<\/span> Introduction of Core ESG Ratings based on assured KPIs will enhance the credibility and specificity of ESG ratings.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>For Investors<\/strong>:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Improved Data Quality<\/strong>:<\/span> Investors will benefit from more reliable and assured ESG data, improving the basis for investment decisions.<\/li>\n<li><span style=\"color: #000080;\"><strong>Greater Transparency<\/strong>:<\/span> Enhanced disclosures on value chain impacts provide a more comprehensive view of a company&#8217;s ESG performance.<\/li>\n<li>SEBI\u2019s balanced framework for ESG disclosures, ratings, and investing marks a significant step towards integrating sustainability into the corporate and investment landscape in India, promoting greater transparency, accountability, and informed decision-making.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Improve_Business_Responsibility_and_Sustainability_Report_BRSR_compliance\"><\/span><span style=\"color: #000080;\"><strong>Improve Business Responsibility and Sustainability Report (BRSR) compliance<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For senior managers looking to improve Business Responsibility and Sustainability Report (BRSR) compliance, here are some actionable tips:<\/p>\n<ol>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Start_Early\"><\/span><span style=\"color: #000080;\"><strong>Start Early:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Begin the BRSR implementation process well in advance. Establishing a comprehensive BRSR policy and action plan requires time, as does gathering and disclosing information on Environmental, Social, and Governance (ESG) topics.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Get_Buy-In_from_Top_Management\"><\/span><span style=\"color: #000080;\"><strong>Get Buy-In from Top Management:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Ensure that top management understands and supports BRSR. Highlight the importance and benefits of BRSR to the company, such as enhanced reputation, compliance with regulations, and potential financial advantages.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Involve_Stakeholders\"><\/span><span style=\"color: #000080;\"><strong>Involve Stakeholders:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Engage with various stakeholders (employees, customers, investors, and community members) throughout the BRSR process. This ensures the ESG topics reported are relevant and that the company\u2019s reporting is transparent and accountable.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Use_a_BRSR_Software_Solution\"><\/span><span style=\"color: #000080;\"><strong>Use a BRSR Software Solution:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Consider utilizing specialized BRSR software to automate the reporting process. These tools can streamline data collection, enhance accuracy, and ensure comprehensive reporting, ultimately saving time and resources.<\/li>\n<li>If needed, consult with qualified professionals or consultants who specialize in BRSR. They can provide valuable insights and guidance to ensure thorough and effective implementation and compliance.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<p>By following these tips, companies can improve their BRSR compliance and reporting, ultimately enhancing their sustainability practices and stakeholder trust.<\/p>\n<p><span style=\"color: #000080;\"><strong>Conclusion\u00a0<\/strong><\/span><\/p>\n<p>The consequences of unsustainability are profound and far-reaching, affecting the environment, human health, economies, and societies globally. By not adhering to sustainability practices, organizations and individuals contribute to environmental degradation, exacerbate climate change, and create significant social and economic challenges. Therefore, it is crucial to integrate sustainability into all aspects of business and personal practices to ensure a healthier, more equitable, and resilient future for all.<\/p>\n<p>it is crucial that businesses begin working on performance management and measurement in accordance with BRSR as soon as possible rather than waiting to be burdened with compliance requirements through regulatory provisions.\u00a0 Companies can use BRSR as a useful tool to control risks, lower expenses, strengthen their brand&#8217;s image, and draw in investors in addition to improving their ESG performance.<\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/archives\/sebi-guidance-note-business-responsibility-and-sustainability.pdf\"><span style=\"color: #000080;\"><strong>SEBI issue Guidance Note for Business Responsibility &amp; Sustainability Reporting format<\/strong><\/span><\/a><\/li>\n<li><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/nsearchives.nseindia.com\/web\/sites\/default\/files\/inline-files\/NSE_Circular_10052024_1.pdf\">FAQs &amp; General Observations \/ Guidelines for filing of BRSR.- Issued BY NSE\u00a0<\/a><\/span><\/strong><\/li>\n<li><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"http:\/\/kb.icai.org\/pdfs\/68851srsb170122.pdf\">ICAI issue the Background Material on Business Responsibility and<br \/>\nSustainability Reporting<\/a><\/span><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Overview on Business Responsibility &amp; Sustainability Reporting BRSR framework is a required disclosure mechanism that allows them to show their dedication to responsible business practices by reporting on their performance on Environmental, social, &amp; governance (ESG) elements for the top 1000 listed companies or businesses. The Business Responsibility and Sustainability (BRS) report offers several key &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[10143],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/26658"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=26658"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/26658\/revisions"}],"predecessor-version":[{"id":26674,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/26658\/revisions\/26674"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=26658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=26658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=26658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}