S Chand And Company Limited
Climate Impact & Sustainability Data (September 2023)
Reporting Period: September 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:6-7% (Corporate Office, with plans for up to 20% by 2024-25)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Optimizing resources and implementing eco-conscious practices
- Integrating solar technologies (6-7% solar-powered Corporate Office electricity, with plans for up to 20% by 2024-25)
- Using recycled paper for printing books (45% recycled)
Social Achievements
- Robust Equal Opportunity Policy fostering diversity and inclusivity
- Employee Stock Option Plan
- Comprehensive Employee Health and Safety Policy with 100% employee coverage in training
- Stringent IT policy enhancing cybersecurity
- Dedicated grievance handling mechanism resulting in a low turnover rate (5%)
Governance Achievements
- Transparent disclosures on shareholding pattern, board composition, and AGM-related details
- Strong board functioning with separation of Chairman and CEO positions
- Adoption of key policies like whistle-blower and code of conduct
- Effective system to counter bribery and corruption through training programs
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Up to 20% solar integration in new facility by 2024-25
Environmental Challenges
- Lack of an ESG policy
- Lack of identification of key material issues
- Lack of quantitative disclosures on carbon emissions
- Lack of disclosures on ESG material issues and targets for future sustainability
- Absence of corporate political contributions disclosure
- Lack of ISO27001 standard adoption
- Less than 50% independent directors on the board (42.85%)
- Negative auditor remarks
Mitigation Strategies
- Plans to transition to LNG generators to phase out DG sets
- Future plans for up to 20% solar integration in new facility by 2024-25
- Company aims to expand resources by incorporating region-specific language and content
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Media & Entertainment ESG framework
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
CSR initiatives aligned with UNSDGs
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed