Reforming Indias ESG Reporting: Lessons from the EU and South Africa
インドのESG報告改革：EUと南アフリカからの教訓 (AI 翻訳)
Katrine Nair
🤖 gxceed AI 要約
日本語
インドは2070年までにネットゼロを目指し、2021年に導入されたBRSRはESG開示の透明性を高めたが、対象が上位1000社に限られ、保証措置が不十分で監督が断片的である。本論文はEUのCSRDと南アフリカのJSEガイダンスと比較し、政策ミックス理論とマルチレベル・パースペクティブを用いて分析する。提言として、BRSRの段階的な強制保証を伴う強化が最も実用的な経路であるとしている。
English
This paper evaluates India's BRSR ESG reporting framework against the EU's CSRD and South Africa's JSE guidance, using policy-mix theory and multi-level perspective. It finds BRSR credible but weak in assurance and alignment, recommending an enhanced version with phased mandatory assurance as the most practical path for convergence with global standards.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
インドのESG開示制度（BRSR）の課題と改革方向を、EUのCSRDや南アフリカのJSEと比較した本論文は、日本においても、SSBJや有報でのサステナビリティ情報開示の拡充を検討する上で示唆に富む。特に、強制保証の段階的導入や監督の一元化は、日本企業の開示実務に直接的な参考となる。
In the global GX context
This paper provides a comparative analysis of India's BRSR with the EU's CSRD and South Africa's JSE, highlighting the importance of statutory assurance and integrated regulation for credible ESG disclosure. The findings are relevant for global policymakers and practitioners considering how to balance ambition with feasibility in emerging disclosure frameworks, especially in Asia.
👥 読者別の含意
🔬研究者:Provides a policy-mix theory analysis comparing ESG reporting frameworks across three jurisdictions, useful for studies on disclosure infrastructure.
🏢実務担当者:Offers insights on how to enhance BRSR with phased mandatory assurance, applicable for corporate sustainability teams in India and similar markets.
🏛政策担当者:Recommends concrete reform pathways for strengthening ESG disclosure credibility, directly relevant for regulators in emerging economies.
📄 Abstract（原文）
India has committed to reaching net-zero emissions by 2070 and reducing emissions intensity by 45 percent by 2030, requiring a credible system of corporate Environmental, Social, and Governance (ESG) disclosure. The introduction of the Business Responsibility and Sustainability Report (BRSR) in 2021 has made progress toward enhancing transparency, though its reach remains limited. Currently, the BRSR applies only to the top 1,000 companies, lacks robust assurance measures, and suffers from fragmented oversight, resulting in critical gaps in credibility, comparability, and investor confidence. This paper evaluates India’s framework against the European Union’s Corporate Sustainability Reporting Directive (CSRD) and the Johannesburg Stock Exchange Guidance in South Africa. Drawing on policy-mix theory and the multi-level perspective, the analysis highlights how the CSRD benefits from statutory assurance and integrated legislation. In contrast, the JSE illustrates the inherent weaknesses of voluntary alignment without enforcement. The findings indicate that BRSR is feasible but weak in credibility and alignment, leaving India vulnerable to reputational and investment risks. Three reform pathways are assessed: maintaining the status quo, adopting a CSRD-style framework, or enhancing BRSR with phased mandatory assurance. The analysis recommends the enhanced BRSR option as the most practical pathway, as it balances ambition with feasibility while facilitating eventual convergence with global standards.
🔗 Provenance — このレコードを発見したソース
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。