ICSI to prepare international standards on sustainability
The Institute of Company Secretaries of India (ICSI) is developing international standards on sustainability and ESG reporting, in line with global emphasis. They expect to release the standards in six months after discussions with regulators and the government. The Securities and Exchange Board of India (SEBI) has mandated filings under the BRSR framework from FY 2022-23 for the top 1,000 listed companies. ICSI has also signed an MoU with the West Bengal government to support MSMEs with registration, compliance, and fund-raising activities. Additionally, ICSI will introduce a 100% fee waiver scheme for defence personnel, Agniveers, and families of martyrs.
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