Monarch Networth Capital Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:Not Available
Scope 1 Emissions:Not Available
Scope 2 Emissions:Not Available
Scope 3 Emissions:NA
Renewable Energy Share:Not Available
Total Energy Consumption:1384 GJ
Water Consumption:57.60 kilolitres
Waste Generated:NA
Carbon Intensity:Not Available
ESG Focus Areas
- Employee well-being
- Diversity & Inclusion
- Responsible business conduct
- Data security & customer privacy
- Digitization
- Corporate Social Responsibility
Environmental Achievements
- Reduced energy consumption through LED lighting (10% reduction compared to conventional lighting)
Social Achievements
- Organized several employee engagement programs (Independence Day, Diwali, Ganesh Chaturthi, Navratri, Christmas)
- Supported education expenses of employees earning below ₹20,000
- Improved gender diversity (80.5% male vs 19.5% female)
- Reduced attrition rate
Governance Achievements
- Implemented a robust risk management policy
- Established a dedicated compliance department
- Implemented anti-money laundering (AML) and Know Your Customer (KYC) policies
- Implemented a Vigil mechanism / Whistle blower Policy
- Complied with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013
Climate Goals & Targets
Environmental Challenges
- Challenges in execution of processes and strategies
- Potential economic downturn impacting investor confidence
- Constrained global liquidity
- Intensified competition in the financial services industry
- Shifting investment trends
- Data security & customer privacy risks
- Human capital risks (employee turnover)
Mitigation Strategies
- Continuous investment in technology and upskilling workforce
- Diversification strategy to stabilize revenue streams
- Robust risk management policies and procedures
- Dedicated compliance department and enhanced risk-based supervision systems
- Proactive people practices (health and wellbeing initiatives, fair pay, training programs)
- Information Security Management System
- Robust business continuity plans (in development)
Supply Chain Management
Supplier Audits: Not Available
Responsible Procurement
- Encouraging procurement from small business units