PSP Projects Limited
Climate Impact & Sustainability Data (2019-04 to 2020-03, 2023-04 to 2024-03)
Reporting Period: 2019-04 to 2020-03
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
- Business Ethics, Transparency and Accountability
- Product Life Responsibility
- Employee Well-being
- Stakeholder Engagement
- Human Rights
- Environmental Protection
- Public Policy
- Inclusive Growth and equitable development
- Customer Value
Environmental Achievements
- Several projects achieved Green Building Standards under the Indian Green Building Council rating system.
- Installation of Solar panels at corporate office generating 90 Units of energy daily.
- Usage of LED Lights at office and sites.
Social Achievements
- CSR expenditure of ₹219.24 Lakhs (2.15% of average net profit over three years) on rural redevelopment, education, sports, health, and environmental sustainability.
- Safety & skill up-gradation training for 13% of permanent employees, 51% of permanent women employees, and 100% of casual/temporary/contractual employees.
Governance Achievements
- Adoption of Code of Conduct for Board of Directors and senior management, Whistle blower policy, Policy on Related Party Transactions, Code of Practices and Procedures for Fair Disclosure of Unpublished price sensitive information(UPSI).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- No specific challenges mentioned in the report.
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Procuring major construction materials locally
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Companies Act, 2013, ISO 14001, ISO 45001: 2018, Sustainability Development Goals (SDGs)
Certifications: ISO 14001, ISO 9001:2015, ISO 45001-2018
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Green Building Standards under the Indian Green Building Council rating system
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Scope 1 Emissions:8829.86 tCO2e
Scope 2 Emissions:5694.42 tCO2e
Total Energy Consumption:1,49,15,90,58,100 KJ
Water Consumption:539360.00 Kilolitres
Waste Generated:5393.83 Metric Tonnes
ESG Focus Areas
- Waste Management
- Health & Safety
- Talent Development
- Governance, ethics and Compliance
- Economic Performance & Market Share
- Diversity and Inclusion
- Water footprint reduction
- Construction waste minimization & reuse
Environmental Achievements
- Exploring alternative practices for water footprint reduction and construction waste reuse
Social Achievements
- Social dimensions such as work force diversity, stakeholder engagement and value chain sensitization on the Company’s ESG agenda is already underway.
Governance Achievements
- Established an ESG Committee chaired by the CEO & MD, overseeing ESG strategy, performance, and alignment with company purpose.
Climate Goals & Targets
Short-term Goals:
- Water footprint reduction and construction waste management and reuse within the next 5 years (exact quantification underway).
Environmental Challenges
- Health and safety risks resulting in human injuries and illness, impacting productivity and increasing costs.
- Regulatory compliance challenges
Mitigation Strategies
- Policies (internal) and rigorous trainings for employees and workers against health and safety hazards. The safety campaigns and conclaves communicate all significant hazards across sites, factories and offices. The Company’s insurance program includes employees as well as service technicians.
- Strong values, clear policies, guidelines and related learning materials, as well as robust procedures and controls to prevent, detect and respond to any inappropriate behaviour. Business Integrity framework ensures alignment with values and applicable laws and regulations.
Supply Chain Management
Responsible Procurement
- Sourcing 10.54% of materials from MSMEs/small producers in 2023-24; 98.79% of materials sourced directly from India in 2023-24