Climate Change Data

TBO Tek Limited

Climate Impact & Sustainability Data (2021-04-01 to 2023-06-30)

Reporting Period: 2021-04-01 to 2023-06-30

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Revenue substantially derived from the worldwide travel and tourism industry, sensitive to economic conditions, safety concerns, fuel prices, unemployment, and other factors.
  • Dependence on a limited range of Suppliers for a significant portion of GTV.
  • Pricing pressure from Suppliers and potential discontinuation of inventory distribution.
  • Significant portion of GTV from markets outside India, exposing the company to various risks.
  • Brand image is crucial, and failure to maintain it could harm the business.
  • Inability to effectively manage growth strategies.
  • Exposure to credit risk from Suppliers and Buyers.
  • Incurring costs that may not be passed on to Buyers.
  • Dependence on proprietary technology, and failure to maintain or upgrade it could cause disruptions.
  • Significant disruption in service on the website or platform could damage reputation and result in customer loss.
  • Cybersecurity breaches could compromise data and harm reputation.
  • Deterioration in customer experience could affect business and reputation.
  • High competition in the industry.
  • Dependence on key personnel.
  • Uploading, mapping, and rate loading errors.
  • Inability to maintain adequate internal controls.
  • Risks associated with expansion into new geographic regions.
  • Acquisitions could divert management's attention.
  • Use of open-source software could lead to litigation.
  • Contingent liabilities that have not been provided for in financial statements.
  • Inadequate insurance coverage.
  • Restrictive covenants under financing agreements.
  • Limitations due to interests of third-party shareholders in United Experts.
  • Untraceable corporate records.
  • Outstanding litigation proceedings.
  • Failure to obtain or renew approvals, licenses, and permits.
  • Failure to protect intellectual property rights.
  • Intellectual property rights claims by third parties.
  • Proceedings or claims arising from travel-related accidents or customer misconduct.
  • Lack of specificity around one of the proposed objects of the Offer.
  • Seasonal fluctuations in demand for travel.
  • Off-roll independent consultants could be reclassified as employees.
  • Substantial shareholding by Promoters post-Offer.
Mitigation Strategies
  • Implementation of a Backup and Restore Policy to protect data.
  • Data Protection Policy to comply with data protection legislation.
  • Cyber risk insurance policy.
  • Hedging policy to manage foreign currency fluctuation risk.
  • Succession planning policy to mitigate risk associated with loss of experienced leadership.
  • Augmented Ind AS capabilities to strengthen documentation for transactions.
  • Various insurance policies to cover business risks.
  • Complying with covenants under financing agreements.

Supply Chain Management

Climate-Related Risks & Opportunities