In recent years, the issue of sustainability has gained vastly in prominence – and with it, so has the need to incorporate it in financial reporting. Traditionally, the two have been kept separate, but today, SEBI’s BRSR, the IFRS S1 and S2 standards and Ind-AS all have provisions for including sustainability-related issues in financial statements.
At a recent session of the India CEO and CFO Forum in Mumbai, MP Vijay Kumar, Executive Director and Group CFO of Sify Technologies, decoded these standards and their implications for Finance. The podcast offers a brief summary of the session along with a fuller commentary on the subject.