TCS Submits FY25-26 ESG Report with KPMG Assurance

Tata Consultancy Services (TCS) has submitted its Business Responsibility and Sustainability Report (BRSR) for the fiscal year 2025-26, a filing mandated for India's top listed companies. This report details TCS's environmental, social, and governance (ESG) performance, with core disclosures receiving reasonable assurance from KPMG Assurance and Consulting Services LLP.

Report Highlights

• The filing, submitted on May 15, 2026, outlines TCS's performance across ESG parameters, aligning with SEBI regulations and the National Guidelines for Responsible Business Conduct (NGRBC).
• KPMG provided reasonable assurance on the BRSR Core disclosures, adding credibility to key ESG data.

Why This Matters

The BRSR filing is a crucial regulatory requirement for top Indian listed companies, aiming to boost transparency in their ESG practices. It allows investors and stakeholders to evaluate a company's long-term sustainability and commitment to responsible business conduct. KPMG's assurance validates the integrity of the reported core ESG data.

Regulatory Context

The Securities and Exchange Board of India (SEBI) introduced the BRSR framework for the top 1000 companies by market capitalization to enhance ESG reporting standards. The BRSR Core is a streamlined set of essential indicators designed to simplify the assurance process for these companies. TCS, a global IT services leader, has a long-standing commitment to sustainability and corporate responsibility.

Impact for Stakeholders

Shareholders will now have access to updated, assured ESG performance data for FY25-26. This filing reinforces TCS's adherence to regulatory compliance and its commitment to transparent ESG reporting. The assurance on core metrics is expected to build stakeholder confidence in the reliability of key ESG data points.

Risks to Watch

The BRSR report acknowledges certain limitations. Specifically, measuring environmental metrics such as Greenhouse Gas Emissions, Water Footprint, and Energy Footprint involves inherent uncertainties. KPMG's independent assurance report also stated that its scope did not cover commercial merits, technical feasibility, accuracy of claims, or compliance with applicable laws.

Peer Comparison

TCS operates in a competitive landscape alongside IT firms like Infosys, Wipro, and HCLTech, all of which are also required to file BRSR reports. Wipro, for instance, is often recognized for its pioneering sustainability initiatives. The timeliness and quality of assurance on core ESG data, as provided by KPMG for TCS, are important factors for investors evaluating companies in the IT sector.

Key Financials

• Turnover: ₹2,67,021 crore (FY 2025-26, Consolidated)
• Net Worth: ₹1,07,240 crore (FY 2025-26, Consolidated)
• Paid-up Capital: ₹361.8 crore (FY 2025-26, Consolidated)

What to Track Next

Investors and analysts will likely monitor the detailed breakdown of BRSR Core disclosures and other ESG metrics. Key areas to watch include TCS's progress against its stated environmental and social targets, how competitors like Infosys and Wipro report their FY25-26 ESG data and assurance levels, and any future strategic shifts or new sustainability targets TCS may announce.