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@article{201581,
        author = {Dr. Mercy Mousumi Takri},
        title = {Impact of ESG Disclosure on Financial Performance under BRSR Framework: Evidence from Indian Listed Companies},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {12},
        pages = {4620-4627},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=201581},
        abstract = {The greater emphasis on Environmental, Social, and Governance (ESG) activities has transformed significantly the performance of corporate reporting as well as financial decision making, particularly in the emerging economies like India. With the introduction of Business Responsibility and Sustainability Reporting (BRSR) system, ESG disclosure has become a mandatory and institutionalized obligation of listed companies, and has enhanced transparency and accountability. This paper aims to review the impact of ESG disclosure on financial performance, and explore the Q-Q association between ESG disclosure and levels of financial performance in Indian listed companies. It is a quantitative and analytical research design, which is used in the study using the secondary data as the BRSR reports and financial statements of 120 NSE-listed companies between the years 2022 and 2025. The ESG score indicators are constructed on the reported indicators and financial strengths are assessed with regard to the Return on Assets (ROA) and Return on Equity (ROE). In the present research, descriptive statistics, correlation, multiple regression, and chi-square tests are used to evaluate the association between the variables. These findings indicate that ESG disclosure has a positive and significant influence on financial performance implying that the more the disclosure of ESG, the better the profitability of the company. Besides, the findings of the chi-square test confirm the high association between the stage of the ESG disclosure and the financial performance dimensions, where high ESG firms end up with the greater opportunity to perform better. The article concludes that reporting of ESGs under the BRSR framework is not only a compliance, but a strategizing tool that enhances the values of the firms, competitiveness as well as their long-term sustainability.},
        keywords = {ESG Disclosure, BRSR Framework, Financial Performance, Indian Listed Companies, Sustainability Reporting},
        month = {May},
        }