Climate Change Data

Crown Lifters Limited

Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-03 to 2024-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Governance Achievements

  • Established a Vigil Mechanism/Whistle Blower Policy
  • Framed a Business Conduct Policy

Climate Goals & Targets

Environmental Challenges

  • Economic uncertainty and volatility in material costs
  • Dependency on other sectors
  • Inconsistent demand due to market fluctuations
  • Increased competition from new players
  • Government policy changes and budgetary allocation
  • Weak currency pressure on margins
  • Environmental regulations to protect air quality
  • Increasing demand for rental construction equipment
  • Unforeseen business losses
Mitigation Strategies
  • Regular monitoring and corrective actions
  • Measures to safeguard assets and interests
  • Adequate internal control systems

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023-03 to 2024-03

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

  • Environment, Health and Safety
  • Corporate Social Responsibility

Environmental Achievements

  • LED Lights in office in place of CFL in offices
  • Encouraging Go Green Initiatives
  • Use of Natural Ventilation
  • Switch off electrical appliances, whenever not required

Social Achievements

  • Not disclosed

Governance Achievements

  • Framed Vigil Mechanism/ Whistle Blower Policy
  • Framed Business Conduct Policy

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Slowdown in the economy may hurt the infrastructure and manufacturing sectors which in turn can cause a slowdown in the Company’s growth
  • Inadequate construction project management, project risks might result in financial and legal difficulties, as well as disproportionate availability of workforce
  • Banks play the most vital role in financing the projects, however, due to reasons like restricted balance sheet, absence of willingness to lend to infrastructure sectors and drastically increasing non-performing assets may lead to decrease in funding projects
  • The risk of raw material price volatility translating into margin pressure due to a sharp rise in raw material prices, increase the cost of goods sold and affect the profitability of the industry
  • Environmental issues and strict laws may hinder the strong growth of the Company
  • Fluctuations in the demand of construction equipment’s can affect the Company’s operations
  • Emergence of new foreign and domestic companies can cause the Company to face stiff competition
  • Current war situation around the world may drastically affect the business of the company
Mitigation Strategies
  • Your company is mainly focusing on manpower and the intelligence
  • Your company recognizes that every business has its inherent risks and the company has been taking proactive approach to identify and mitigate them on a continuous basis
  • The company has taken necessary measures to safe guard its assets and interest etc.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed