Easy Trip Planners Limited
Climate Impact & Sustainability Data (2020-21, 2022-04 to 2023-03, 2023-04 to 2024-03, 2023-24)
Reporting Period: 2020-21
Environmental Metrics
ESG Focus Areas
- Community upliftment (health and hygiene, education, poverty, women empowerment, environmental sustainability)
- Employee well-being
Environmental Achievements
- Contributed to the ‘Clean Ganga Fund’ of the central government
- Ensuring environmental sustainability through agroforestry, conserving natural resources, and maintaining quality of soil, air and water
Social Achievements
- Consistently invested in community upliftment through the Aadhar Foundation
- Implemented work from home policies and ensured employee safety and well-being during the COVID-19 pandemic
- 86% of customers in FY 2020-21 were repeat customers
Governance Achievements
- Successfully completed its Initial Public Offer (IPO)
- Complied with applicable Secretarial Standards
- Established a Vigil Mechanism/Whistle Blower Policy
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic severely impacted the travel and tourism industry, resulting in a significant decline in gross booking revenue
- Highly competitive travel products and services sector
- Dependence on airline ticketing business for a significant percentage of revenue
Mitigation Strategies
- Implemented cost rationalisation and operational efficiency improvement initiatives, resulting in significant expense savings
- Undertook technology innovations to increase operational efficiencies (e.g., WhatsApp chatbot)
- Expanded product portfolio to include bus tickets, cab rentals, and railway tickets
- Focused on expanding hotel and holiday packages segment
- Leveraged existing travel agent network in Tier II and Tier III cities
- Invested in technology and product development to improve reliability and user experience
- Enhanced cross-selling opportunities and promoted brand recognition
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Best online travel booking site at the SATTE awards, 2020
- 'Best dealers Meet' at the 3rd edition of BW Applause experiential Marketing Summit & Awards
- 'World Business Leader' award at the Bizz Awards
- Certificate of 'tech companies to watch out for' by Business World
- Certificate for 'Best sales performance FY 2018-19' from Ukraine International Airlines
- 'Vistara Gold Partner Award' for FY 2018-19
- Certificate of Excellence for the 'Most trusted Brand in travel technology' at the Global Iconic Awards
- 'Best online travel portal' at the Asia Leadership Awards
- 'Most trusted travel planner' at the Ravishing Wedding Summit & Awards, 2019
- 'Best air ticketing company in India' at the International Achievement Award 2019
- 'Best Travel website and Booking applications' at the Times Travel Awards
- 'Customer centric Business award' from Business television India
- Certificate of recognition from Air Asia
- 'COO of the year' by Global Iconic Awards
- 'Indian Achievers Award' by the Indian Achievers Forum
- 'World Leader Businessperson' Award at the Bizz Awards
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:269.51 tCO2e (Scope 1 & 2)
Scope 2 Emissions:269.51 tCO2e
Renewable Energy Share:0%
Water Consumption:12,364 kilolitres (third-party water)
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Implemented energy efficiency measures (LED lighting, water-efficient taps)
- Supports Go Green initiative (electronic document delivery, digital record-keeping)
Social Achievements
- Launched EMT Royale and EMT Pro programs for elite customers
- Introduced Save Now Buy Later (SNBL) scheme
- Launched 2.0 self-booking tool for corporates
- Launched EMTFAMILY program for shareholders
- Contributed ₹18.3 million to EaseMyTrip Foundation for CSR initiatives (green society and sports)
- Advanced Certificate Course in Travel and Tourism with scholarships
Governance Achievements
- Established a comprehensive internal control system
- Implemented a Whistle Blower Policy
- Established a CSR Committee
- Conducted annual performance evaluation of Board, Committees, and individual directors
- Complied with all requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Companies Act, 2013
Climate Goals & Targets
Environmental Challenges
- Slowdown in the global economy
- Seasonal fluctuations in the travel and tourism industry
- High competition in the travel products and services sector
- Concentration risk in airline ticketing business
- Keeping pace with evolving technology
Mitigation Strategies
- Driving strong business growth and implementing cost-saving measures
- Diversifying revenue streams (hotels, holiday packages, rail, bus, taxi)
- Expanding distribution network (websites, mobile apps, call centers, travel stores, agents)
- Prioritizing technology advancements and enhancing customer services
- Investing in technology infrastructure and innovation
- Diversifying product portfolio (bus tickets, cab rentals, railway tickets, international travel)
Supply Chain Management
Supplier Audits: 0%
Responsible Procurement
- Responsible procurement practices (prequalification criteria)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: National Guidelines on Responsible Business Conduct (NGRBC)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:306.17 tCO2e
Water Consumption:14,219 kilolitres
ESG Focus Areas
- Sustainability
Environmental Achievements
- Acquired a non-controlling ~13% stake in Eco Hotels and Resorts Limited, promoting sustainable practices within the hospitality sector.
- Partnered with BluSmart, India’s leading all-electric ride-hailing service, to promote eco-friendly travel solutions.
Social Achievements
- EaseMyTrip Foundation has been designated as the Smārak Särathi (Monument Mitra) for four of India’s prestigious historical monuments under the government’s Adopt a Heritage 2.0 programme.
- Collaborated with the Ministry of Rural Development to empower women in Self Help Groups across 800 districts through the Lakhpati Didi Yojana.
- Launched EasyDarshan – a dedicated platform for spiritual tourism and Explore Bharat – “Discover the Soul of India” – a transformative travel programme.
Governance Achievements
- Maintained a strong corporate governance framework, ensuring transparency and accountability.
- Implemented a Whistle Blower Policy.
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions due to the pandemic and geopolitical tensions.
- Highly competitive travel products and services sector.
- Seasonal variations in the travel and tourism industry.
- Significant reliance on its airline ticketing segment.
- Need to keep up with rapid technological advancements.
Mitigation Strategies
- Focussing on both business expansion and cost efficiency.
- Continuously enhancing its digital platforms to elevate user experience, broaden market reach, and diversify its revenue base.
- Strategically expanded its service offerings beyond hotels and travel packages.
- Developed a robust in-house technology team.
- Diversified its product offerings.
Supply Chain Management
Supplier Audits: 0%
Responsible Procurement
- Responsible procurement practices
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NGRBC
Third-party Assurance: Not Applicable
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:306.17 tCO2e (Scope 2)
Scope 2 Emissions:306.17 tCO2e
Total Energy Consumption:1561.39 GJ (non-renewable)
Water Consumption:14219 kilolitres
Carbon Intensity:0.0000000636 Metric tonnes of CO2 equivalent per rupee of turnover (Scope 1 & 2)
ESG Focus Areas
- Data privacy and Security
- Business Ethics and Governance
- Human Capital Development
- Diversity and Inclusion
- Community Care
- Carbon emissions
- Sustainable Operations and Infrastructure
- Travel Safety
- Sustainable Travel
- Quality Customer Experience
Social Achievements
- Focus on employee well-being and job satisfaction.
- Initiatives to promote diversity and inclusion.
Governance Achievements
- Establishment of a Code of Conduct.
- Implementation of a Whistleblower Policy.
- Transparent governance practices.
Climate Goals & Targets
Environmental Challenges
- Data privacy and security risks.
- Business ethics and governance risks.
- Carbon emissions.
- Sustainable operations and infrastructure.
Mitigation Strategies
- Comprehensive Risk Management policy and Risk Management Committee.
- Robust data protection measures and adherence to regulations.
- Incident response protocols.
- Code of Conduct and ethics training.
- Focus on energy efficiency measures and raising awareness about environmental sustainability.
Supply Chain Management
Responsible Procurement
- Responsible procurement practices. Vendors are assessed using prequalification criteria including social and environmental responsibility.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NGRBC
Third-party Assurance: Not Applicable