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1234567890Need an ESG Report to grow your Business, get it hassle-free with Enterclimate.
Package Inclusions:-
- Assistance in ESG report preparation
- Assisting in documentation needed for ESG Report
- Liaising with authorities in case of any hurdles in the overall process
- Legal Assistance for any issues in the ESG Planning
Free Call Back by our Expert
How will Climate Engineer Assist You?
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Assisting you every step of the way Enterclimate will provide complete assistance to the overall sustainability reporting mandated by SEBI and help create valuable ESG reporting for your business. |
Expert Guidance in all scenarios The new BRSR format may be your first effort to develop a sustainability report. You can rest assured that we will provide expert guidance for all related domains for your ESG reporting. |
Professional customer Experience Enterclimate has a dedicated team for customer service. We ensure that our communication with our clients is always swift and accurate. |
Creating an Environmental, Social and Governance report
ESG reporting raises the transparency of the corporation’s mission and its inclination towards environmental and social metrics. Following are the factors included in ESG reporting
- Environmental criteria will consider if a company’s performance and practices are sustainable and help protect the environment. This criterion uses yardsticks like the resources and energy used by the company, compliance to pollution norms, adopting efficient practices for water, energy-saving, effective waste management practices, etc.
- Social criteriaexamine how a corporation manages its relationships with employees, suppliers, customers, and the communities in which it operates. Factors like customer satisfaction, community relation, gender and diversity, labour standards, and human rights are considered under these criteria.
- Governancecriteria include the system of practices incorporated into the company's functioning. It includes factors like the board's composition, the audit committee's structure, internal controls, rights of shareholders, the whistle-blower scheme, political contribution, etc.
Audience for the Environmental, Social and Governance (ESG) Repor
ESG reporting by a company has shown to invite positive feedback from the following stakeholders in their interactions with the company.
- Investors
- Customers
- Suppliers
- Employees
- Regulators
- NGOs Media
- Competitors
- Academia
Documents Required for MSTC License
To prepare an all-inclusive Environmental, Social and Governance (ESG) Report, the business will need the following documents and reports.
- Documents on the potential risks to the environment on the ESG front and measures to handle them.
- Document on to ESG related projects or initiatives being afforded by the company
- Documents on the company’s governance indicating oversight mechanism on ESG strategy, policies and information
- Documents on Management issues like actions, schemes, targets and initiatives to generate and preserve value for the company and stakeholders.
- Performance documents that support sustainability outcomes from business activities.
Effects of transition from BRR to BRSR format
- PAN Card (Original & Photocopy)
- Self-Attested GST (wherever applicable)
- Photocopy of Latest Income Tax Return
- Copy of partnership deed/ MoA/ AoA as applicable.
- Purpose of purchase of Scrap(i.e. for own consumption or trading)
- Registration Fee in the form of DD/PO payable at the respective region.
- Signature of the Proprietor / Partner verified by the Bank on their letterhead* (If the customer is a Proprietorship / Partnership Firm)
- Duly signed copy of Electronic Payment Mandate Form certified by Bank along with one cancelled cheque leaf
- Two coloured passport-size photos of the Proprietor / Partner / Director.
- Notarised Photocopies of Valid Registration Certificates from CPCB and SPCB for Hazardous Waste Items (If applicable)
- Copy of signed e-mail Confirmation Letter received after completing online registration.
- A letter addressed to MSTC stating the serial number of the DSC to be used by the bidder for login and bidding
- Two colour passport photographs
- Notarized copy of PAN Card
- Notarized copy of Sales Tax/Vat Registration Certificate
- Trade License
- Certificate from the Bank in which the seller has an account
Effects of transition from BRR to BRSR format
- The General Disclosures section has been expanded, and additional disclosures like on proximity of a company’s operations to sensitive zones such as protected areas, water-stressed zones, etc., have been included in the new format.
- Section B of Management and Process in the new format will need information on policies and processes relating to the NGRBC Principles concerning leadership, governance, and stakeholder engagement.
- The section on Principle-wise performance will indicate how a company is performing in respect of each Principle and Core element of the NGRBCs. Companies can identify their key stakeholders and provide them with interaction type and frequency.
- A differentiated disclosure requirement for companies will be introduced. Companies transitioning to BRSR or planning to develop BRSR with no prior experience may consider BRSR lite to understand the requirements.
How ESG reporting is beneficial to Indian companies
Environmental, Social and Governance (ESG) disclosures are being compared by stakeholders searching for the company’s commitments to ESG through public disclosure of sustainability reports, annual reports, or common rating publications. This practice can be beneficial for new as well as existing companies operating in India because of the following.
- Global studies have shown that companies that embed ESG into core business practices outperform their peers. It is also valid for India, where, over 12 years, the MSCI India ESG leaders index continuously outperformed the broader market as represented by the MSCI India IMI index.
- In light of challenges India faces related to climate change, environmental risks, growing inequality, etc., businesses here realise that a positive impression on society and the consumers can be made if they incorporate ESG goals into their business goals. Ultimately, this will lead to a restructuring of the role of businesses in a society where their workforce and consumers won’t be treated as mere economic units for generating profit.
- Environmental, Social and Governance (ESG) reporting will indirectly lead to increased access to capital for Indian Businesses through investment, as investors are the largest consumers of this data. Several Asset Management Companies (AMC) have ESG funds, which use ESG performance reports of a company to make investment decisions.
- Obtaining a “social license to operate” in civil society can benefit democracies like India when communities have become increasingly aware and empowered. Companies, irrespective of their size, have realised that sustainability reporting will enable them to market their plans and activities and gain this social currency to operate in the community.
How will Enterclimate Assist You?
All-Inclusive Solutions under One Roof Enterclimate provides all-inclusive licencing and registration assistance for buyers as well as sellers. Contact Enterclimate if you are looking for a hassle-free way to sell or buy the goods or scrap. | Industry-Leading Guidance Enterclimate consists of a diverse team of legal experts who keep themselves updated with processes and changes in the MSTC Licencing. Focus on your business and leave the challenges to us. | Swift Support and Guidance Our experts have an excellent record in Customer Support. We are known for our quick response rate and always try to ensure that communication with our clients is a hassle-free experience. |
