Rashi Peripherals Limited
Climate Impact & Sustainability Data (2021-03 to 2023-09, 2023-04 to 2024-03)
Reporting Period: 2021-03 to 2023-09
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
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Dependency on global technology brands for product distribution; potential inability to maintain relationships with Channel Partners or customers; low gross margins; reliance on online marketplaces; potential product liability claims; restrictive covenants in contracts; increasing competition; inability to maintain brand popularity; significant credit exposure to Channel Partners and customers; negative cash flows; decrease in EBITDA margin; ineffective inventory management; increasing competition; inability to maintain brand popularity; risks associated with import and export of products; sudden fall in revenues from business verticals; contingent liabilities; significant credit exposure to Channel Partners and customers; legal and regulatory proceedings; share transfer issues; adverse effects of COVID-19 pandemic; warehouse disruptions; failure to obtain or renew approvals; inadequate working capital; dependence on third-party transportation providers; tax matters; uncertainty in utilization of Net Proceeds; inability to attract or retain employees; failure to maintain quality customer service; inability to manage growth; IT system interruptions; data privacy and security concerns; related party transactions; expansion into new geographic areas; adverse developments affecting regions of operation; expansion into new product areas; employee unrest; fraud, theft, and negligence; non-compliance with laws; leasehold premises; losses incurred by subsidiary; matters of emphasis by previous auditors; international operation risks; employee stock option plans; dependence on key personnel; indebtedness; inability to integrate acquisitions; inability to obtain financing; credit rating downgrades; consumer confidence and spending; infringement claims; ineffective internal controls; variation in utilization of Net Proceeds; seasonal and cyclical volatility; conflicts of interest; inadequate insurance coverage; and other risks.
Mitigation Strategies
- Diversified base of global technology brands; pre-emptive measures to address inventory and receivables; stock rotation policy; detailed review of inventory; various brand-building initiatives; obtaining relevant import licenses; measures to minimize credit exposure; legal actions to recover dues; implementation of safety measures; compliance with laws and regulations; negotiation of lease terms; investments in safety, security, and incident response; adoption of access management and information security policies; obtaining shareholders' approval for variation in utilization of Net Proceeds; and other mitigation strategies.
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: Ind AS
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:930.71 tCO2e (Scope 1 & 2)
Scope 1 Emissions:56.55 tCO2e
Scope 2 Emissions:874.16 tCO2e
Water Consumption:900.44 KL
Waste Generated:105.82 tons
ESG Focus Areas
- Sustainability
- Corporate Social Responsibility
- Employee Well-being
- Environmental Responsibility
- E-waste Management
Environmental Achievements
- Launched "We Care for Environment" initiative, collecting e-waste at 50 locations.
- Received the "Raising the Bar" award from Hulladek Recycling Pvt. Ltd. for meeting EPR mandates.
- Implemented solar energy and rainwater harvesting facilities in Mumbai.
Social Achievements
- Recognized as a Great Place to Work® for the third consecutive year.
- Various partner relation activities (New Year Platinum Partners Caricature, Birthday Celebration, International Women’s Day Celebration, World Nature Conservative Day, World Pizza Day).
- Employee engagement activities (Employee Birthday Celebrations, Networking Champions Meet).
Governance Achievements
- Successful IPO listing on NSE and BSE.
- Implemented a multi-tier internal governance framework.
- Established various Board Committees (Audit, Nomination & Remuneration, Stakeholder Relationship, CSR, Risk Management).
Climate Goals & Targets
Medium-term Goals:
- Build a separate vertical for Local OEMs and Make in India initiatives.
- Create a separate vertical for Visual Display business.
- Continue CRM implementation.
Short-term Goals:
- Expand value addition to Embedded business (Embedded Application Lab in Bengaluru).
- Develop non-metro locations (new brands/products, CBFs, new partners).
Environmental Challenges
- Supply chain disruptions, especially in semiconductors.
- Managing inventory at optimum levels.
- Securing adequately skilled resources for installation and deployment.
Mitigation Strategies
- Developed robust strategies to mitigate risks.
- Implemented cost-saving measures and adjusted pricing strategies.
- Investing in digital technologies (SAP HANA, data analytics tools).
- Implementing CRM system.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Best ICT Distributor Awards
- Top Value-Added Distributor of the Year 2023 Award by NVIDIA
- Outstanding Growth Distributor for Data Centers and AI Group Award from Intel Corporation
- Raising the Bar award from Hulladek Recycling Pvt. Ltd.
- Great Place to Work® Award (3 times)