Choice International Limited
Climate Impact & Sustainability Data (2021-22)
Reporting Period: 2021-22
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Installed a rooftop solar power plant at its corporate office
- Adopted paperless working to reduce paper consumption
Social Achievements
- Voluntarily contributed Rs. 35.55 Lakhs towards education & medical purposes through subsidiaries
- Focused on financial inclusion by reaching underserved markets
Governance Achievements
- Complied with all mandatory requirements under the Listing Regulations
- Established a robust vigil mechanism through its Whistle Blower Policy
Climate Goals & Targets
Environmental Challenges
- Impact of the second wave of COVID-19 pandemic
- Rising oil prices and other commodity prices due to geopolitical risks
- High inflationary pressures
Mitigation Strategies
- Adopted a 'Work from Home' policy for employees
- Implemented a comprehensive risk management framework
- Developed alternative sourcing strategies
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs)
Certifications: ISO 9001:2008, ISO/IEC 27001:2013, CMMI Level 3