To formulate and issue Sustainability Reporting Standards, Sustainability Assurance Standards, Assessment Standards or such other standards as may be required from time to time.
To review the emerging trends globally and evaluate the need for standard setting in India across Sustainability Reporting, Sustainability Assurance, Sustainability Assessment Engagements.
To benchmark global best practices in Sustainability Reporting and Assurance/ Assessment.
To engage with and contribute to the international bodies think tank in framing/ development of Sustainability Reporting, Assurance/Assessment Standards.
To formulate and issue Social Impact Assessment Standards and Technical Guides/Implementation Guides, educational and training material, guidance notes, etc. on social impact assessment.
Undertake Research and Publications on Green Finance and Green / Carbon and support / enable inter-regulatory collaboration in this regard as may be considered relevant and necessary.
To develop and enhance appropriate Sustainability reporting technology platforms and analytical tools/ techniques to support efficient reporting and compliance.
To provide, from time to time, interpretations and guidance to support the implementation of Sustainability Reporting, requirements, Sustainability Assurance including publishing education material, guidance notes, technical guides, etc. on any matter related to this Board, and to periodically review and update the Sustainability Reporting Maturity Model (SRMM).
To identify and develop opportunities for chartered accountants in Sustainability Reporting and Assurance/ Assessment Standards.
To take adequate steps to enhance knowledge and build the capacity of members and other stakeholders for proper implementation of Sustainability Reporting, Assurance, Assessment by conducting workshops, webinars, seminars, programmes, form study group, quiz/competition, sustainability drives, courses and similar kind of programmes in India and abroad and train the trainer’s programmes etc.
To conduct talk shows, knowledge-sharing sessions and expert discussions to enhance understanding of sustainability-related developments.
To develop audit guidance, education material, etc. for Integrated Reporting.
To implement carbon-neutral initiatives.
To organize awareness programs on the registration and listing procedures for entities on Social Stock Exchanges (SSEs) and to offer training programs for Chartered Accountants to become business advisors for SSE registration and listing.
To interact with Government and Regulators, Industry Associations, Forums nationally and internationally and to propagate general-purpose reporting and/or specifically for a regulatory requirement.
To deal with industry-specific issues and interact with national and international bodies on issues in the implementation of Sustainability Reporting, Sustainability Assurance.
To encourage the adoption of Sustainability Reporting practices and Standards by Local Bodies and Panchayats.
To formulate Sustainability Reporting Awards in order to recognize and reward excellence in businesses that are seeking ways to be more sustainable and inclusive in their activities.
To recommend appropriate measures to increase awareness through celebrating environment and sustainability-related days, adopt sustainable practices and integrate ESG principles into institutional operations.
