Stakeholders Empowerment Services (SES)
Climate Impact & Sustainability Data (2022-23)
Reporting Period: 2022-23
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:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Policy Disclosures
- Environment
- Social
- Governance
Environmental Achievements
- Improved disclosures on GHG emission projects (88% of companies)
- Increased disclosures on afforestation initiatives (100 companies)
- Significant decrease in average energy consumption intensity (15.86%)
- Significant decrease in average water consumption intensity (20.48%)
Social Achievements
- Improved disclosures on social parameters due to BRSR
- Increased disclosures on skill upgradation training (78.3% of employees)
- Most companies comply with minimum wage requirements
Governance Achievements
- Significant improvement in overall scoring pattern on Policy disclosures
- Most companies comply with SEBI LODR provisions on committee composition
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Data correctness and reliability concerns with BRSR reporting
- Wide divergence in environmental scores within the same industry
- Lack of initiatives or disclosures on key environmental parameters (renewable energy, air emissions, effluents, waste management) in some companies
- Low scores on environmental factors (E) compared to social (S) and governance (G) factors
- Inconsistent performance across ESG parameters pulling down overall scores
- Inadequate disclosures on Scope 3 emissions
- Low disclosure rates on energy management systems
- Low disclosure rates on Life Cycle Assessments (LCA)
- Low disclosure rates on Extended Producer Responsibility (EPR)
- Low disclosure rates on targets for energy and water consumption reduction
- Low disclosure rates on targets for GHG emission reduction
- Low disclosure rates on waste management targets
- High divergence in scores on indirect environmental impact for banks and insurance companies
- Low disclosure rates on human rights training for non-permanent workforce
- High employee turnover rates in some sectors
- Low skill upgradation training coverage for workers
- Material gap in median remuneration of male and female workforce in many companies
- High number of sexual harassment complaints in some sectors
- Inconsistencies in waste data reporting (recovered/disposed waste exceeding total waste generated)
Mitigation Strategies
- Introduction of BRSR improved data availability
- Companies are making extra disclosures on a voluntary basis to mitigate negative environmental impact
- Increased awareness and focus on ESG issues
- Companies are taking steps to improve disclosures and performance on E&S parameters
- Companies are setting targets and taking initiatives to address environmental challenges
- SEBI's initiatives on better disclosure practices
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier code of conduct
- ESG vendor rating system
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI, TCFD, SASB, UNPRB, UNGC, SDGs
Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 9001, ISO 27001, ISO 22000, LEED
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed