Edition of “Sustainability Reporting Standards” designed exclusively for the students of T.Y.B.COM (Accounting & Finance), Semester V, University of Mumbai. This book has been developed in accordance with the New Syllabus and Paper Pattern introduced under the National Education Policy (NEP) 2020 and is applicable from the academic year 2026–27.
Sustainability, environmental responsibility, social accountability and corporate governance have become essential aspects of modern business. Organizations are now expected to create long-term value while addressing environmental, social and governance (ESG) responsibilities. This book provides a comprehensive understanding of sustainability concepts, ESG principles and responsible business practices. It covers sustainability reporting frameworks, Business Responsibility and Sustainability Reporting (BRSR), NGRBC, materiality assessment, sustainability indicators and assurance practices. The contents combines theoretical concepts with practical applications through examples and case studies. Written in simple academic language, it enables students to understand complex topics with ease.
The book also promotes ethical awareness, analytical thinking and responsible decision-making. Each chapter includes “Do You Know?” sections, mini caselets and practical questions. Continuous Internal Evaluation (CIE) exercises such as MCQs, True/False, short notes and descriptive questions support examination preparation. Overall, the book equips students with the knowledge and skills required for sustainable and responsible business management.
Contents –
1. INTRODUCTION TO SUSTAINABILITY AND REPORTING FRAMEWORKS – I
1.1 Meaning and Evolution of Sustainability
1.2 Sustainability in Business and Corporate Responsibility
1.3 Triple Bottom Line – People, Planet, Profit
1.4 ESG Concepts and Relevance to Accounting and Finance
1.5 United Nations Sustainable Development Goals (SDGs)
1.6 National Guidelines on Responsible Business Conduct (NGRBC)
1.7 Need and Benefits of Sustainability Reporting
2. INTRODUCTION TO SUSTAINABILITY AND REPORTING FRAMEWORKS – II
2.1 Evolution of Sustainability Reporting in India
2.2 Business Responsibility Report (BRR) vs BRSR
2.3 Structure of BRSR – Section A, B & C
2.4 Principle-wise BRSR Disclosures
2.5 Sustainability Indicators – Environmental, Social, and Governance
2.6 Introduction to Materiality Assessment
2.7 Assurance and Future Trends in Sustainability Reporting
QUESTION PAPER