Climate Change Data

FSN E-Commerce Ventures Limited

Climate Impact & Sustainability Data (2021-22)

Reporting Period: 2021-22

Environmental Metrics

ESG Focus Areas

  • Health and Safety
  • Sustainability
  • Environmental Practices
  • Employee Well-being
  • Community Development
  • Diversity and Inclusion

Environmental Achievements

  • Reduced air shipments by shifting from national to regional fulfillment centers
  • Transitioning from plastic packaging to eco-friendly alternatives
  • Recycling 100% of recyclable waste materials
  • More than 70% of packaging material sourced from eco-friendly products

Social Achievements

  • Initiated vaccination drives for employees
  • Provided counselling support for employees and their families
  • Maintained zero tolerance towards workplace sexual harassment
  • Contributed to Give India Foundation for COVID-19 relief
  • Supported Slum Soccer's Edukick program
  • Supported Dehaat Foundation for women's livelihood
  • Procured products from over 350 MSMEs

Governance Achievements

  • Established a robust internal control framework
  • Implemented a Vigil Mechanism/Whistle-blower policy
  • Adopted a Code of Conduct for Board and Senior Management
  • Complied with all mandatory requirements of SEBI Listing Regulations
  • Conducted annual performance evaluation of the Board and Committees

Climate Goals & Targets

Environmental Challenges

  • High inflation and subdued discretionary spending
  • Supply chain disruptions due to global events
  • Evolving customer preferences and purchasing behavior
  • Competitive retail landscape
  • Attracting and retaining talent in a competitive market
Mitigation Strategies
  • Omnichannel distribution, digital marketing, technology, and logistics investments
  • Regional fulfillment strategy and higher sourcing to mitigate supply chain instability
  • Expansion of lifestyle portfolio into new categories and brands
  • Investments in various selling models (digital and physical stores)
  • Investments in people and talent acquisition and retention programs

Supply Chain Management

Responsible Procurement
  • Code of Ethical Purchasing
  • Anti-bribery measures
  • Compliance with laws and regulations
  • Sourcing from over 350 MSMEs

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Nykaa Naturals Hair Care
  • Nykaa Wanderlust Bath & Body
  • Nykaa Cosmetics All Day Matte Foundation