Climate Change Data

GACM Technologies Limited (Formerly known as Stampede Capital Limited)

Climate Impact & Sustainability Data (2013-04 to 2014-03, 2014-04 to 2015-03, 2016-04 to 2017-03, 2017-04 to 2018-03, 2019-04 to 2020-03, 2020-04 to 2021-03, 2021-2022, 2022-03 to 2023-03, 2022-23)

Reporting Period: 2013-04 to 2014-03

Environmental Metrics

Climate Goals & Targets

Short-term Goals:
  • Launch of Alternate Investment Fund (AIF) in India and Relative Value Hedge fund for global markets.
  • Launch of full version of Idlecomputing.com by end of September 2014.
  • Launch of Beta version of BitCoin Micro Payment system by end of October 2014.
  • Go live with SGX, CURRNEX, DGCX, HOTSPOT, CME and Global NDF markets before December 2014.

Environmental Challenges

  • Major fire accident at the company's registered office on February 10, 2014, resulting in the destruction of physical records, registers, and documents, and damage to data processing equipment.
Mitigation Strategies
  • Steps taken to recover data from backup systems.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2014-04 to 2015-03

Environmental Metrics

Social Achievements

  • Allotted 268,625 Equity Shares to employees under Employee Stock Option Plan 2011.

Governance Achievements

  • Established a Vigil Mechanism for directors and employees to report genuine concerns.
  • Adopted a code of conduct for prevention of Insider Trading.

Climate Goals & Targets

Environmental Challenges

  • Fire accident resulting in loss of Rs. 58,513,552.
Mitigation Strategies
  • Company maintains soft copies of records and has a disaster recovery policy with off-site backups. Operations resumed normally through recovery of data.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2016-04 to 2017-03

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2017-04 to 2018-03

Environmental Metrics

Governance Achievements

  • Sending notices and documents to shareholders through email as part of a 'Green Initiative'

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2019-04 to 2020-03

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Unfavorable market conditions, Global recession, High input cost, inflationary trend
  • COVID-19 pandemic, nation-wide lockdowns, disruption of supply chain, closure of vendor offices
Mitigation Strategies
  • Cost cutting and restructuring measures to improve profitability
  • Work from home policy, safety measures at workplace as per government guidelines

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2020-04 to 2021-03

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Unfavorable market conditions, Global recession, High input cost, inflationary trend
Mitigation Strategies
  • Cost cutting and restructuring measures

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2021-2022

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Frequent changes in legal and regulatory regime and introduction of newer regulations with multiple authorities regulating same areas lead to complexity in compliance.
  • The cyber-attack threat of un-authorised access and misuse of sensitive information or disruption to operations continues to increase.
Mitigation Strategies
  • We closely monitor and review our practices to ensure that we remain complaint with relevant laws and legal obligations.
  • To reduce the impact of external cyber-attacks impacting our business, we have firewalls and threat monitoring systems in place, complete with immediate response capabilities to mitigate identified threats. Our employees are trained to understand these requirements.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022-03 to 2023-03

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Trading restrictions on equity shares due to CSW (presumably a regulatory issue).
Mitigation Strategies
  • Actions taken pursuant to an order dated August 11, 2022, passed by the Securities Appellate Tribunal, Mumbai.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022-23

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Unfavorable market conditions, Global recession, High input cost, inflationary trend resulting in lower than expected profits.
  • SAT order impacting the Company's Stock Broking business.
  • Rapid Technological Changes
  • Market Saturation
  • Client Dependency
  • Economic Downturn
  • Project Risks
  • Competition
  • Data Privacy and Security
  • Client Trust
  • Strategic Planning
Mitigation Strategies
  • Cost cutting and restructuring measures for improvement to improve profitability.
  • Diversification policy approved by the Board of Directors and members of the Company.
  • Robust control and assurance mechanism implemented to identify and mitigate operational risks.
  • Security measures like firewall implementation, complex passwords, secure email gateway to mitigate cybersecurity threats.
  • Well-defined HR policies for talent retention and development.
  • Continuous monitoring of client satisfaction and addressing issues promptly.
  • Strategic planning to address long-term growth, diversification, and market expansion.

Supply Chain Management

Climate-Related Risks & Opportunities