Debock Sales and Marketing Limited
Climate Impact & Sustainability Data (2020-03 to 2022-03, 2020-21)
Reporting Period: 2020-03 to 2022-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Failure to obtain and maintain governmental and regulatory licenses and permits.
- Legal and other proceedings involving the Company, some Directors, and the Promoter.
- Seasonality of the agricultural equipment business.
- Past defaults in repayment of bank dues.
- Discrepancies/errors in corporate records.
- Short-term lease of hotels and resorts.
- Competition in fragmented industry segments.
- Unsecured loans repayable on demand.
- Dependence on key personnel.
- Potential failure to implement business strategies.
- Technological obsolescence.
- Risk of employee misconduct or errors.
- Inadequate insurance coverage.
- Inventory management challenges.
- Intellectual property protection risks.
- Risk of fraud, theft, or employee negligence.
- Dependence on a few key customers.
- Dependence on a few key suppliers.
- Obligations and reporting requirements under SEBI Listing Regulations.
- Contingent liabilities.
- Failure to comply with environmental laws and regulations.
- Failure to comply with quality standards.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020-21
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented ISO 9001:2000, focusing on environmentally clean and safe operations and resource preservation.
Social Achievements
- Focus on employee well-being and a safe work environment; provided personal protective equipment and safety training.
Governance Achievements
- Established a vigil mechanism/whistleblower policy; conducted annual evaluation of board, committees, and individual directors.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacted operations, leading to suspended operations and reduced sales.
- Commodity price risk, interest rate risk, human resource risk, competition risk, compliance risk, and industrial safety risks.
Mitigation Strategies
- Improved cost efficiencies; maintained cordial relationship with suppliers and buyers to mitigate commodity price fluctuations; low dependency on interest-bearing debt; continuous benchmarking of HR practices; focus on quality, cost, timely delivery, and customer service to address competition; regular monitoring and review of regulatory changes; implementation of critical safety standards and employee training.