FINO PayTech Limited
Climate Impact & Sustainability Data (2020-03 to 2021-03)
Reporting Period: 2020-03 to 2021-03
Environmental Metrics
Environmental Achievements
- Installed energy efficient LED lights.
- Most of the lights and air condition units are switched off after 7 pm.
- Power factor has been maintained constantly through use of Capacitor bank.
- Installed sun control film & blinds across office to keep office cool and to save on AC consumption.
Governance Achievements
- Appointed Mr. Ashok Kini as an Additional Director in the capacity of Independent Director.
- Shareholders confirmed the appointment of Mr. Ashok Kini as Independent Director for a further period of Five (5) years.
- Established a Vigil Mechanism.
Climate Goals & Targets
Environmental Challenges
- Company operation was impacted following nationwide lockdown by the Government of India due to the COVID-19 pandemic.
- Ongoing COVID-19 pandemic increased estimation uncertainty in the preparation of the Financial Statements.
Mitigation Strategies
- Company resumed operations in a phased manner as per directives from the Government of India.
- Company continued to closely monitor any material changes to future economic conditions.