How to Screen for ESG Stocks Using SEBI BRSR Data: A Practical Guide

Where to Find ESG Data for Indian Stocks
Since FY2024, BRSR Core reports are available in the annual reports of the top 150 NSE-listed companies. You can access them via the BSE/NSE filing sections, the company’s investor relations page, or aggregator platforms like Sustainalytics India, CRISIL ESG Ratings, and MSCI ESG Ratings (partial coverage).
Free Tools for ESG Screening in India
| Tool | What It Provides | Access |
|---|---|---|
| BSE Annual Reports Section | BRSR PDF filings for all listed companies | Free, bseindia.com |
| NSE Corporate Filings | Same BRSR filings via NSE portal | Free, nseindia.com |
| CRISIL ESG Ratings | Rated universe for Indian companies | Subscription, partial free |
| Trendlyne ESG Score | ESG scores with breakdown | Free tier available |
| Screener.in | Financial data for building ESG-adjacent filters | Free tier |
Key ESG Metrics to Screen For
- Renewable energy as % of total energy consumption (target > 30%)
- Scope 1+2 carbon emissions trend — is it declining year-over-year?
- Employee turnover rate — below 15% suggests strong HR culture
- Independent directors > 50% of board — SEBI requires this but quality varies
- Promoter pledge % — below 10% is preferred; zero is best
- Related party transactions as % of revenue — high = governance red flag
Building an ESG Screener on Screener.in
While Screener.in focuses on financial data, you can build ESG-adjacent screens: Companies with zero promoter pledge, debt-to-equity below 0.5, consistent dividend payout (governance proxy), and ROE above 15% (quality proxy). Layer this with manual BRSR check from annual reports for the shortlisted companies.
Red Flags: What to Avoid in ESG Screening
- Companies under MCA or SEBI enforcement action in past 3 years
- Promoter pledge above 40% — governance risk
- High-polluting sectors with no transition plan disclosed in BRSR
- CSR spend below 2% statutory requirement with no explanation
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.







