51% of the top 100 cos announce emissions despite no mandate

New Delhi: Complementing the Indian government’s efforts to achieve a net-zero emissions target by 2070, as many as 51 percent of the top 100 companies have started voluntarily disclosing their carbon emissions, a study shows from PwC India.

The research also shows that around 31 percent of companies surveyed have announced their net zero targets. The government and regulators have introduced new regulations in the field of ESG (environmental, social and governance) for companies. India’s transition to BRSR Core positions the country as a leader in the global transition to a more credible and transparent sustainability reporting landscape.

“51 percent of India’s top 100 listed companies by market capitalization disclosed their Scope 3 data for FY23, despite this being a voluntary disclosure in Business Responsibility and Sustainability Reporting (BRSR),” said the report ‘Navigating India’s Transition to Sustainability ‘.