Faced with the growing need to integrate sustainable business practices and adhere to regulatory requirements, ASAL aimed to streamline its reporting processes and enhance data quality. To achieve this, they partnered with Sprih and leveraged its comprehensive carbon accounting platform to generate their BRSR (Business Responsibility and Sustainability Reporting) report with efficiency and precision.
Automotive Stampings and Assemblies Limited (ASAL), a TATA Autocomp Systems Limited subsidiary and a part of the TATA Enterprise, is a prominent player in the automotive sector.
Recognized for its forward-thinking approach to producing sheet metal components, welded assemblies, and modules for passenger and commercial vehicles as well as tractors, ASAL’s product offerings include Body-In-White (BIW) structural panels, skin panels, fuel tanks, rear twist beams, oil sumps, and suspension systems.
Benefits of Sprih's Solutions
Streamlined Reporting Process
Enhanced Data Quality and Consistency
Improved Transparency and Audit Readiness
Challenges
ASAL's Focus Areas for Impact
Navigating the extensive BRSR framework by SEBI required significant time and resources.
Maintaining transparency and traceability of data inputs and approvals for internal audits and external reviews.
The traditional approach to sustainability reporting was labor-intensive, involving multiple stakeholders across different levels.
Ensuring data consistency across reporting years was a challenge, particularly in minimizing rework and maintaining accuracy in subjective responses.
Looking forAnswers to…
Reducing the manual effort involved in sustainability reporting
Guiding new users in handling complex reporting requirements
Streamlining compliance with BRSR while maintaining data integrity
Improving transparency and establishing a clear audit trail
Ensuring consistent and accurate data across reporting cycles
Solutions
Sprih’s Comprehensive Approach
ASAL utilized Sprih’s pre-embedded BRSR framework, which is fully aligned with SEBI’s guidelines. This eliminated the need for extensive preparatory work, allowing ASAL to focus on the actual reporting process.
The platform enabled multi-level user assignments, where tasks could be delegated with ease. Admins oversaw the entire report, while members and supervisors could manage subsections and individual questions, streamlining the workflow and collaboration.
To reduce redundancy, Sprih’s AI feature automatically fetched data from the previous year’s report. This ensured that responses that remained unchanged did not need to be re-entered, significantly reducing the workload and improving efficiency.
The platform offered real-time visibility into the progress at different levels—report, section, and subsection. This feature allowed ASAL to monitor the status of their BRSR report and ensure timely completion.
ASAL could download their report in various formats, including PDF, DOC, and XBRL, ensuring compatibility with different stakeholders and regulatory submissions.
Each question in the BRSR report was accompanied by a detailed description, guiding users on how to answer. For more complex queries, ASAL had access to Sprih’s experts for additional support, making the process easier for beginners and less experienced staff.
Sprih’s platform allowed comments at the question level, facilitating interaction and making the report audit-ready. Additionally, a three-level approval system was in place to ensure data quality and transparency.
How Things Looked Before Sprih
ASAL aimed to streamline its approach to the intricate BRSR reporting framework. By adopting a solution that aligns sustainability data with SEBI’s evolving guidelines, they sought to enhance efficiency, reduce manual workloads, and meet reporting timelines with greater ease.
With multiple stakeholders contributing to sustainability reports, ASAL recognized the importance of enhancing communication and coordination across all levels. Their goal was to establish a cohesive system that simplified task delegation, ensured accurate data capture, and maintained consistency across reporting cycles.
ASAL prioritized improving the transparency, accuracy, and traceability of sustainability data. By integrating automated tracking and approval processes, they aimed to simplify internal and external audits, enhance data validation, and build a robust framework for long-term compliance and accountability.
Impact
Achieving Impact with Sprih’s Solutions
Effortless Compliance
With Sprih’s pre-embedded BRSR framework, ASAL seamlessly aligned its sustainability reporting with SEBI’s regulations, eliminating the need for extensive preparatory work and significantly reducing the time spent on compliance tasks.
Increased Operational Efficiency
Sprih’s automation of data fetching and task delegation streamlined ASAL’s reporting process, cutting down manual labor and enabling their teams to focus on high-value tasks, leading to faster and more efficient report generation.
Superior Data Integrity
The platform’s AI-driven features ensured data consistency and accuracy across reporting cycles, minimizing errors and rework, which resulted in more reliable and precise sustainability reports for ASAL.
Enhanced Transparency and Auditability
With built-in audit features, such as traceable comments and a structured approval system, ASAL improved the transparency of their sustainability data, making internal audits smoother and increasing stakeholder confidence in their reporting.
"Partnering with Sprih has been a game-changer for us. The platform's automated BRSR framework significantly simplified our compliance process, saving us valuable time and resources. We are assured that our sustainability reporting is accurate and transparent."
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