KSS LIMITED (Formerly Known as K Sera Sera Limited)
Climate Impact & Sustainability Data (2017-03 to 2018-03, 2019-04 to 2020-03)
Reporting Period: 2017-03 to 2018-03
Environmental Metrics
Governance Achievements
- Established a Vigil Mechanism for directors and employees to report concerns.
- Implemented a Sexual Harassment Policy.
- Complied with revised Secretarial Standards on Board Meetings (SS-1) and General Meetings (SS-2).
Climate Goals & Targets
Environmental Challenges
- Market competition
- Regulatory approvals
- Fast technological advancement
- Piracy
- High Entertainment tax
- Risk in film distribution due to under-reporting by exhibitors
- Liquidity issues
- Unprecedented changes in government policies
- Delays, cost overruns, cancellation, and abandonment of films
Mitigation Strategies
- Expertise technical support staff to cope with technological developments
- Financial support from Banks and Financial Institutions
- Strategic positioning to counter risks from changes in government policies
- Enhanced industry corporatization through specific agreements, fixing responsibilities of co-producers, better planning and execution
- Implementation of adequate internal control systems
- Focus on attracting, motivating, and retaining high-caliber employees
- Commitment to equal employment opportunities
- Digitalization to reduce piracy
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2019-04 to 2020-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Market competition
- Regulatory approvals
- Fast technological advancement
- Piracy
- High Entertainment tax
- Risk in film distribution due to under reporting by exhibitors
- Liquidity issues
- Unprecedented changes in government policies
Mitigation Strategies
- Going digital to reduce piracy
- Good financial support from Banks and Financial Institutions
- Suitably positioned to counter risks posed by changes in government policies
- Enhanced industry corporatization
- Specific agreements, fixing responsibilities of co-producers, better planning and execution