In India, SEBI mandates top 1,000 listed companies to disclose their ESG data under its Business Responsibility and Sustainability Reporting (BRSR) framework. The process requires the companies to answer 140 questions. However, most of these companies lack confidence when it comes to meeting their ESG requirements, even though many of them have been following BRSR since 2021. Globally, over 50,000 organizations are now required to follow the mandatory Corporate Sustainability Reporting Directive (CSRD) of the European Union. For EU’s CSRD too, the companies face similar challenges. The reasons include the absence of a standardized reporting framework and reliable data.