Water Accounting Framework in India (Post-2020): Regulations and Corporate case studies

Abstract Water is a critical resource for corporate sustainability, especially in water-stressed regions like India. With increasing regulatory scrutiny and environmental concerns, corporate water accounting has gained significant importance. This research examines the evolution of the corporate water accounting framework in India post-2020, analyzing regulatory mandates, industry practices, financial implications and challenges. The study highlights the role of Business Responsibility and Sustainability Reporting (BRSR), voluntary disclosure frameworks, and emerging trends in corporate water governance. Recommendations for policy improvements and technology-driven solutions are also provided. The paper also discusses global best practices and their applicability to the Indian context