Climate Change Data

Art Nirman Limited

Climate Impact & Sustainability Data (2011-02 to 2016-03)

Reporting Period: 2011-02 to 2016-03

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

  • 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

  • Outstanding litigations involving Directors and Promoters; TDS defaults.
  • Difficulty obtaining, renewing, or maintaining statutory and regulatory permits and approvals.
  • Issued Equity Shares at a price lower than the Issue Price.
  • Limited operating history.
  • Discrepancies in corporate records relating to forms filed with the Registrar of Companies.
  • Matters of emphasis highlighted by Statutory Auditor.
  • Past losses.
  • Changes made by Peer Review Auditor in restated financial statements.
  • Transfer of work in progress to a Director/landowner.
  • Lack of non-compete agreements with Group Companies and Promoter Group Entities.
  • Risks associated with Development Agreements and land acquisition.
  • Potential for construction defects.
  • Related Party Transactions.
  • Lack of ownership of the registered office.
  • Negative cash flows in previous years.
  • Dependence on Promoters and Key Management Personnel.
  • Unidentified alternate source of working capital.
  • Potential for project delays and cost overruns.
  • Lack of legal ownership of trademark.
  • Need for substantial capital; potential difficulty obtaining additional financing.
  • Increased raw material, labor, and other costs.
  • Unsecured loans that may be recalled.
  • Operating risks at construction sites.
  • Exposure to various regulations applicable to real estate companies.
  • Potential penalties or demands from statutory authorities.
  • Difficulty identifying and acquiring suitable land for development.
  • Dependence on anticipating and responding to consumer requirements.
  • Labor-intensive operations; dependence on availability of skilled and unskilled laborers.
  • Quality concerns.
  • Difficult-to-predict revenues; subject to seasonal variations.
  • Competition from organized and unorganized players.
  • Potentially inadequate insurance coverage.
  • Management estimates used in the Prospectus.
  • Unverified data in the Prospectus.
  • Flexibility in applying Issue proceeds.
  • Promoters' average cost of acquisition of Equity Shares lower than the Issue Price.
  • Dependence on future earnings for dividend payments.
  • Continued control by Promoters after listing.
  • Potential for further equity issuance and dilution.
  • Anti-takeover provisions under Indian law.
  • Dependence on economic growth in India.
  • Impact of economic, political, and social conditions.
  • Potential adverse effects of communal disturbances or riots.
  • Impact of Indian infrastructure.
  • Potential negative effects of natural calamities.
  • Impact of changing laws, rules, and regulations.
  • Differences between Indian GAAP and other accounting principles.
  • Impact of political situation and policies in India.
  • Impact of changes in labor laws.
  • Impact of changes in regulations or government incentives.
  • Dependence on real estate financing.
  • Potential adverse effects of natural or man-made disasters.
  • Higher compliance requirements under the Companies Act, 2013.
  • Financial instability in Indian financial markets.
  • Government regulation of foreign ownership of Indian securities.
  • Indian taxes on capital gains.
Mitigation Strategies
  • Not disclosed

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