UN Report Praises Sustainability Focus Of India's Business Practices

Praising the focus of business practices in India on sustainability, a Working Group has noted that this trend is a positive for the investment climate in the world's fifth-largest economy. The report was unveiled at the Human Rights Council of the United Nations by the group, which focuses on issues pertaining to human rights, MNCs and enterprises.  Particularly praiseworthy is India's Business Responsibility and Sustainability Reporting (BRSR) initiative, the report notes. 

Citing it as a noteworthy example, the report said, "the Business Responsibility and Sustainability Reporting initiative in India, a mandatory disclosure framework for large, listed businesses that includes principles on respecting and promoting human rights and protecting the environment." 

This framework, designed by the Securities and Exchange Board of India (SEBI), aims to integrate sustainable and responsible business practices into corporate operations.