Current Volume 9
An Analysis of BRSR Disclosure and Its Impact on Corporate Creditworthiness: A Case Study of Nestlé India Limited (2022–2025)
Abstract
The voluntary nature of environmental disclosures for the top 1,000 listed companies was transformed into a regulated standard in 2022 when the Securities and Exchange Board of India (SEBI) required Business Responsibility and Sustainability Reporting (BRSR). This study examines the relationship between commercial creditworthiness and BRSR disclosure quality using Nestlé India Limited as a case study from FY 2022–2023 to FY 2024–2025. A primary survey of 100 financial experts, financial rate analysis, Pearson correlation testing, and content analysis of BRSR reports (0–2 score across nine principles) are all included in this mixed-styles study. Nestlé India increased its BRSR disclosure indicator from 83.3% to 100% while maintaining its AAA/Stable credit rating. Statistical analysis reveals a significant positive correlation (r = 0.85) between BRSR scores and the interest coverage rate and a somewhat negative correlation (r = -0.28) with the debt-to-equity rate. Professionals strongly endorse BRSR's contribution to credit stability, and the survey findings indicate that governance is the most crucial aspect (48).
Citations
IRE Journals:
Sajiya Shahin, Dr. Shivani Guru "An Analysis of BRSR Disclosure and Its Impact on Corporate Creditworthiness: A Case Study of Nestlé India Limited (2022–2025)" Iconic Research And Engineering Journals Volume 9 Issue 11 2026 Page 346-354 https://doi.org/10.64388/IREV9I11-1717481
IEEE:
Sajiya Shahin, Dr. Shivani Guru
"An Analysis of BRSR Disclosure and Its Impact on Corporate Creditworthiness: A Case Study of Nestlé India Limited (2022–2025)" Iconic Research And Engineering Journals, 9(11) https://doi.org/10.64388/IREV9I11-1717481
About IRE Journals
IRE Journals is an open access online journals established with an aim to publish high quality of research work in various diciplines. We have more than 6 years in publications. Over 2500+ papers already published.
Important Links
For Authors
Volume 8:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 7:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 6:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 5:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 4:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 3:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12