BRICS 2026: Decoding The Delhi Declaration And Its ESG Impact

The 18th BRICS Summit held on 12 and 13 September 2026 in New Delhi, India, culminated in the adoption of the Declaration. The Declaration serves as a comprehensive policy document outlining the direction and scope of the future ESG-related regulation and corporate practices across the BRICS countries. It reflects the commitment of the expanded BRICS grouping to advancing sustainability objectives within their respective economies and financial systems. The range of the ESG goals in the Declaration is wide and includes “climate change and gender equity, among many others.” The Declaration presents a more connected view of sustainable development that integrates equity and justice goals with the environment and governance. The implications of the Declaration are particularly significant for India given its role as host of the Summit and BRICS Chair in 2026. Many of the commitments in the Declaration parallel India’s domestic regulatory systems, especially the Securities and Exchange