ARIHANT CAPITAL MARKETS LIMITED
Climate Impact & Sustainability Data (2022-2023, 2022-23)
Reporting Period: 2022-2023
Environmental Metrics
Total Carbon Emissions:595 tCO2e
Scope 1 Emissions:37.1 tCO2e
Scope 2 Emissions:0.2 tCO2e
Scope 3 Emissions:557.7 tCO2e
Water Consumption:310 m3
Waste Generated:64.3t (Mixed Waste), 1.1t (Paper Waste), N/A (Plastic Waste)
ESG Focus Areas
- Environmental footprint
- Efficient and transparent customer service
- Corporate governance
- Risk management
- Human capital development
- Community engagement
Environmental Achievements
- Transitioned to energy-efficient workspaces
- Eradicated the use of single-use water bottles and paper teacups
- Promotes eco-friendly packaging
Social Achievements
- 30% of the workforce comprised female employees
- 68% of employees given training on health and safety measures, skills, human rights issues and policies
- 84% of employees covered by health and accident insurance
- Launched a cancer screening camp reaching over 200 attendees
- Provided blood tests for 150+ individuals
- Organized a plantation drive with over 50 plants established
- Donated 100 sets of classroom furniture to a school
Governance Achievements
- Implemented procedures such as the Comprehensive Code of Conduct and Business Ethics, a sound risk culture, digitised business, the launch of innovative products, investments in developing cybersecurity and information security
Climate Goals & Targets
Environmental Challenges
- Dependence on capital markets that are inherently volatile and cyclical in nature
- Intense competition
- Risk from evolving regulatory landscape
- Customer preferences and expectations are continually evolving
- Regulatory Changes
- Stock market volatility
Mitigation Strategies
- Leveraging technology to provide a seamless and user-friendly trading experience
- Offering a wide range of investment options
- Providing personalized services to retail investors
- Robust risk management systems
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- ESG investment products
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:37.12 tCO2e/year (Scope 1) and 0.23 tCO2e/year (Scope 2)
Scope 1 Emissions:37.12 tCO2e/year
Scope 2 Emissions:0.23 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:188 MWh/year
Water Consumption:Not disclosed
Waste Generated:65.5 tons/year
Carbon Intensity:28.29 tCO2e per billion rupees of turnover
ESG Focus Areas
- Human Capital
- Community and Social Impact
- Data Security & Privacy
- Environmental Footprint
- Corporate Governance
- Risk Management
Environmental Achievements
- Implemented eco-friendly policies and promoted the use of eco-friendly packaging; reduced electricity consumption through sensor taps in washrooms and regular equipment checks.
Social Achievements
- Continuously invested in employee growth and development; enabled work-from-home technology and facilitated health & vaccination assistance during COVID-19; implemented a strong grievance handling procedure; invested in programs supporting learning and development, performance support, career progression, engagement, diversity, and inclusion; conducted yearly health check-ups for all staff; provided Covid tests and vaccinations for security staff and office boys.
Governance Achievements
- Implemented a Comprehensive Code of Conduct and Business Ethics; established a sound risk culture; digitized business operations; launched innovative products; invested in cybersecurity and information security; implemented processes to avoid/manage conflicts of interest involving board members; obtained ISO 9001:2015 certification.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- High demand for qualified personnel; cyber-attacks, risks, and vulnerabilities related to increasing digitization; privacy and data security breaches.
Mitigation Strategies
- Continuous investment in training new employees; implemented policies for information security management and cybersecurity; established a Personal Data Protection Standard to instill a culture of data protection responsibility; developed rules outlining thresholds, internal controls, and mitigation tactics regarding information technology/cybersecurity risks.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 9001:2015
Third-party Assurance: Ekobon Technologies LLP
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed