New Delhi, July 21 -- The Institute for Energy Economics and Financial Analysis (IEEFA) has proposed a two-phase roadmap to strengthen climate transition disclosures under the Securities and Exchange Board of India's (SEBI) Business Responsibility and Sustainability Reporting (BRSR) framework.

In a report titled Strengthening BRSR for Climate Transition Plan Disclosures in India, IEEFA said the proposed reforms aim to improve transparency for investors and lenders while aligning Indian sustainability reporting with global frameworks such as the IFRS Sustainability Disclosure Standards and the Transition Plan Taskforce (TPT) framework.

Two-Phase Disclosure Framework Proposed

Under Phase 1, IEEFA has proposed a Transition Plan Snapshot D...