SEBI introduced India’s sustainability reporting standard called BRSR or Business
Responsibility and Sustainability Reporting. As a part of this, the top 1000 listed
companies would have to annually disclose their ESG data. This might seem like
an extension to the BRR or Business Responsibility Report but is a lot more
thorough and lays a lot more focus on the environment material issues than
As companies stand on the forefront of this regulation, some of them are dealing
with ESG data for the first time. Some sustainability teams that we interviewed
find themselves co-ordinating with teams across the company like HR, finance,
operations, administration and sales to collect the relevant ESG data. This entire
process of data collection takes months to complete, and after which they
sometimes find that some of the data is incorrect due to human errors.
The data that has been collected is present across 100s of email bodies, excel
sheets, reports and other documents which makes it extremely hard to even do
simple calculations. Sustainability teams end up spending the entire time working
their way through this inconsistent ESG data.
Beyond that, sustainability teams also have to assess their company’s progress
against their sustainability goals.
We’ve built our ESG data management software, Prism, to solve just this problem.
Prism handles all the backend tasks so that sustainability teams can focus on the
Prism integrates with the company’s existing systems like HRMS, ERP, CRM etc. to
automatically collect all the relevant ESG data for the BRSR report. Here is our
four-step process to accomplish that:
Prism has broken down all the BRSR questions across 21 material topics to help
customers better structure their data collection. With this structure in place, they
also know which teams within the company are responsible for which kind of ESG
Prism helps you measure your ESG performance based on BRSR or any other
reporting standard of your choice. Prism’s insights and dashboard helps you stay
aligned with your ESG strategy and goals.
At the click of a button, you can create an ESG report as per BRSR which can then
be sent to your assurance partners or auditors.
It’s important to communicate your ESG performance to all stakeholders including
internal and external. You can publish the entire ESG report of pick and choose
particular data points to publish on your website and social media pages.