Under the new Sebi guidelines, companies may have to provide information on sustainability-related goals such as the use of water and energy, emissions of greenhouse gases, waste management practices and related disclosures from the next financial year.
Social disclosures relate to issues covering workers and stakeholders, the value chain and a companies’ customers. Under the new norms, the top 1,000 companies will have to clearly reveal the gender and social diversity of their workforce, attrition rates, welfare benefits to different classes of workers and several other hitherto unreported aspects of business.
There is a section on consumer protection in the new Sebi norms as well. Companies will have to provide transparent information on labelling, recall and complaints – on products, data privacy and cybersecurity.