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17 February 2025 / Quick Take
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Copy LinkTraditionally, economic considerations have been paramount in Indian business. However, there’s a growing recognition among Indian executives of the importance of human rights. This shift is particularly noteworthy as India’s increasing global prominence brings greater attention to its business practices.
The Securities and Exchange Board of India’s Business Responsibility and Sustainability Reporting framework, mandating standardized environmental, social & governance (ESG) disclosures for India’s top 1,000 listed companies, is significantly elevating the importance of human rights within the Indian corporate landscape. Regulations like the EU’s Corporate Sustainability Due Diligence Directive also affect Indian companies with revenue of more than EUR 450 million in/from the EU and involved in the supply chain of EU-based businesses. These regulatory requirements, coupled with heightened stakeholder expectations, will further solidify the emphasis on human rights and worker well
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