Dish TV India Limited
Climate Impact & Sustainability Data (2018-04 to 2019-03, 2022-23, 2023-24)
Reporting Period: 2018-04 to 2019-03
Environmental Metrics
ESG Focus Areas
- Business Ethics
- Product Responsibility
- Employee Wellbeing
- Shareholder Engagement
- Human Rights
- Environment Protection
- Public & Regulatory Policy
- CSR
- Customer Relations
Social Achievements
- Spent ₹446.58 Lakhs on CSR activities, including skill development, education promotion, sports development, and rural transformation initiatives.
- Initiated 'dish dost' project to train workforce as DTH technicians.
- Launched 'Aparajita' project to support girl child development.
Governance Achievements
- Established a code of conduct for Board Members and Senior Management, addressing ethics, bribery, and corruption.
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Vendor registration process emphasizes safe working conditions, prevention of child labor, business ethics, and general housekeeping.
Climate-Related Risks & Opportunities
Reporting Period: 2022-23
Environmental Metrics
Total Energy Consumption:801,034,200 Joules
Water Consumption:336.03 kilolitres
ESG Focus Areas
- Ethics
- Business Sustainability
- Employee Health and Well-being
- Stakeholder Satisfaction
- Human Rights
- Environmental Responsibility
- Public and Regulatory Policy
- CSR
- Consumer Satisfaction
Social Achievements
- Various initiatives focusing on employee engagement such as recognition, employee well-being initiatives, employee benefits, scope for innovation, etc.
- 100% of permanent employees covered by health insurance, accident insurance, and maternity benefits (for females).
Governance Achievements
- Implementation of compliance monitoring system
- Continuous monitoring of regulatory changes
- Periodic reviews of compliances
- Code of Conduct and whistle-blower policy for employees, vendors, and channel partners
Climate Goals & Targets
Environmental Challenges
- Human rights violations or non-compliance of statutory norms
- Regulatory compliance and good corporate governance risks
- Data protection issues
- Bribery and corruption
Mitigation Strategies
- Code of Business Conduct, Whistle Blower Policy and POSH policy
- Implementation of compliance monitoring system, in-house professionals and expert consultation, continuous monitoring of regulatory changes, periodic reviews of compliances
- Information Security policy
- Code of Conduct and various other policies and procedures discouraging corrupt practices
Supply Chain Management
Responsible Procurement
- Engaging with suppliers who integrate environmental and social considerations into their products and services. Preference is given to local suppliers.
Climate-Related Risks & Opportunities
Reporting Period: 2023-24
Environmental Metrics
Social Achievements
- Launched the innovative ‘Own Your Customer’ campaign, a groundbreaking move in media distribution and a significant shift in the cable TV industry.
Governance Achievements
- Achieved a debt zero status after it paid off the last tranche of the outstanding debt of ` 725 million in July 2023 to lending banks.
Climate Goals & Targets
Short-term Goals:
- Transition away from set-top boxes within the next year
Environmental Challenges
- Decline in subscription revenues due to changing viewing patterns, inflationary pressures, and conservative spending habits.
- Dish TV’s operational revenue decreased to ` 18,565 million in FY24 from ` 22,619 million in FY23.
- EBITDA also reduced to ` 7,537 million in FY24 from ` 9,134 million in FY23.
Mitigation Strategies
- Dish TV is enhancing its efficiency by reducing capital expenditures and customer acquisition costs.
- Introduced the Dish TV Smart+ initiative, which bundles OTT services with linear TV subscriptions at no extra charge, aiming to boost customer loyalty.