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Exclusive Q&A with Cargo Insights

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Exclusive Q&A with Cargo Insights

In an exclusive interview with Cargo Insights, Smitha Shetty, Regional Director of APAC at Achilles Information, shares her valuable perspectives on the evolving regulatory landscape in India, the future of BRSR Core, and its pivotal role in India’s sustainability journey and value chain management. The interview also delves into broader ESG trends, including the increasing demand for transparency, the benefits of ESG reporting, and the strategic importance of sustainable supplier relationships. Emerging trends suggest deeper integration of BRSR with value chain management and the utilization of sustainability reporting platforms to streamline compliance and mitigate ESG risks.

The Business Responsibility and Sustainability Report (BRSR) Core is an excellent initiative that aligns with India’s focus on promoting responsible business practices and sustainable development. What sets this framework apart is its emphasis on metrics unique to the Indian market that aim to drive improvement in areas like job creation in rural areas, increased transparency in business practices, and better wages for women. One of the most significant benefits of the BRSR Core is its focus on the value chain. It requires large companies to work collaboratively with their upstream and downstream partners to achieve and improve sustainability throughout their operations. However, implementing the BRSR Core requires overcoming the challenge of effectively managing large-scale data collection and collaboration across the value chain. But, once successfully implemented, it can promote transparency, improve ESG compliance, and positively impact Indian businesses.

As ESG (Environmental, Social, and Governance) reporting gains prominence, how does India Inc approach the integration of ESG factors into its reporting framework?

Can you provide examples of how sustainable supplier relationships contribute to mitigating risks and optimizing performance within the value chain?

What are your thoughts on future trends or developments regarding the integration of BRSR Core principles into value chain management?

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