BRSR Value Chain Reporting

As the landscape of corporate responsibility in India shifts, the Securities and Exchange Board of India (SEBI) has introduced a pivotal requirement: BRSR Core for the Value Chain. For India’s top listed entities, sustainability is no longer just about internal operations—it’s about the impact of their entire ecosystem. 

By FY 2024-25, the top 250 listed companies must provide disclosures for their value chain as part of their Annual Reports. If you are one of these leaders, your Value Chain encompasses your top upstream and downstream partners (by spend or revenue) who cumulatively comprise 75% of your business. 

Preparing your top 250 suppliers isn't just a compliance checkbox; it’s a strategic necessity to ensure data accuracy and business continuity.

The Challenge: From Compliance to Collaboration

Moving from direct reporting to value chain reporting is a significant leap. Your suppliers may range from large corporations to MSMEs, each with varying levels of ESG maturity. The primary hurdles include:

• Data Fragmentation: Gathering granular ESG metrics (water usage, emissions, waste) from hundreds of sources.

• Capacity Gaps: Smaller suppliers may lack the technical knowledge to calculate their carbon footprint or social impact.

• Verification: Under BRSR Core, these disclosures require "reasonable assurance," meaning the data must be audit-ready.

3 Steps to Prepare Your Suppliers

To navigate this transition smoothly, consider this three-pillar approach:

• Clear Communication & Categorization

  Start by informing your top suppliers about the specific BRSR Core KPIs they need to report. Categorize them based on their current ESG readiness so you can provide tailored support.

• Capacity Building and Training 

  Host workshops or webinars to simplify the BRSR requirements. Focus on the "Why" (long-term business resilience) and the "How" (the specific tools and metrics they need to use).

• Standardized Data Collection 

  Avoid manual spreadsheets. Implement standardized digital templates or ESG platforms that allow suppliers to input data seamlessly. This ensures consistency and makes the final "reasonable assurance" process significantly faster.

The Competitive Edge

Companies that successfully integrate their value chain into their ESG strategy will find more than just compliance. They will uncover operational efficiencies, reduce supply chain risks, and build a brand reputation that resonates with global investors.

Take the lead with terramavens

Navigating the complexities of BRSR Core and Value Chain reporting doesn't have to be a solo journey. At terramavens, we specialize in bridging the gap between corporate goals and supplier realities.

Whether you need a comprehensive supplier ESG assessment, capacity-building programs for your partners, or a streamlined data assurance framework, we are here to help you lead the way.

Ready to future-proof your value chain? Contact us today