B. L. Kashyap and Sons Limited
Climate Impact & Sustainability Data (2019, 2020-03 to 2021-03, 2021-2022)
Reporting Period: 2019
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020-03 to 2021-03
Environmental Metrics
ESG Focus Areas
- Corporate Social Responsibility
- Environmental Sustainability
- Occupational Health and Safety
Environmental Achievements
- ISO 14001:2004 accreditation for Environmental Management Systems
- Reduced energy consumption through initiatives like using LED bulbs
Social Achievements
- CSR expenditure of Rs. 43.01 Lakhs on eradicating hunger, poverty, malnutrition, and healthcare
- Nil complaints relating to child labour, forced labour, involuntary labour, sexual harassment
Governance Achievements
- Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
- ISO 9001:2015 accreditation for Quality Management Systems
- OHSAS 18001:2007 accreditation for Occupational Health and Safety Management Systems
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacting construction sites and operations
- Shortage of skilled manpower
- Increased competitive pressure
- Global economic conditions and price spikes in commodities
Mitigation Strategies
- Contingency plans developed and reviewed for COVID-19
- Strong retention and promotion policy for employees
- Focus on cost efficiency and reducing raw material consumption
- Interest rate hedging (if needed)
Supply Chain Management
Responsible Procurement
- Vendor Development Programmes
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Companies Act 2013
Certifications: ISO 9001:2015, ISO 14001:2004, OHSAS 18001:2007
Third-party Assurance: Rupesh Goyal & Co. Chartered Accountants
Reporting Period: 2021-2022
Environmental Metrics
Environmental Achievements
- Reduced consumption of energy by adoption of new techniques and alternate methods i.e, use of LED bulbs which shows improved results that can save about 50% to 80% of lighting costs. Switching off all unnecessary lights, using dimmers, motion sensors, or occupancy sensors to automatically turn off lighting when not in use to reduce energy use and costs
- Reduced the consumption of water by using chemicals to water concrete and to make mortar for block work
- Executing several projects which are LEEDS and GRIHA certified, these projects require green practices from the development to execution and finishing
Social Achievements
- Various training as per the requirement of different jobs and activities. Our labour workforce is constantly trained in safety, first aid, better work techniques and use of new technologies among other as per the requirement of the job.
- Mock drills and other mandatory trainings throughout the calendar year to ensure the complete optimization of our workforce.
- Soft skill development and industry knowledge building sessions for senior employees
Governance Achievements
- Adopted a Code of Conduct for Prevention of Insider Trading
- Established a Vigil Mechanism / Whistle Blower Policy
- Complied with all the mandatory requirements of the Listing Regulations
Climate Goals & Targets
Environmental Challenges
- Shortage of skilled and quality manpower
- Liquidity, financing and demand concerns associated with the Real Estate Industry
- Increased competitive pressure
- Global Economic conditions and price spikes in commodities like aluminum, copper, oil etc
- Lack of fair contracts looking after the interest of all stakeholders
Mitigation Strategies
- Focusing on high margin jobs where cash flows are seemingly ensured
- Pushing for contracts with price escalation, idling charges due to unavoidable stoppages
- Continuously train and upskill manpower
- Adopting new practices for execution related processes, improving slab cycles to improve construction efficiencies
- Added two new verticals: MEP and Quality
Supply Chain Management
Responsible Procurement
- Developing suppliers to improve their business and quality with the support of its Vendor Development Programs