Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Governance

Social Achievements

• Implemented a Policy on Prevention & Prohibition of Sexual Harassment at Workplace

Governance Achievements

• Implemented a Code of Conduct for the Board of Directors and Senior Management
• Instituted a comprehensive code of conduct for prevention of insider trading
• Established a whistle blower policy
• Constituted a Corporate Social Responsibility (CSR) Committee

Climate Goals & Targets

Environmental Challenges

• Board composition was short of one Independent Director for a period of time.

Mitigation Strategies

• Appointed Mr. D. K. Vasal as an Additional (Independent) Director

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Clause 49 of the Listing Agreement with the Bombay Stock Exchange Limited and National Stock Exchange of India Limited

Third-party Assurance: Deloitte Haskins & Sells LLP and Snehal & Associates

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Online leak of movies Udta Punjab and Great Grand Masti ahead of release.
• Video piracy.

Mitigation Strategies

• Fighting online piracy and taking measures to block pirated content.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Social Achievements

• Launched a clear the clutter drive for Christmas wherein all the units had to make a Christmas tree out of waste.
• Employees were engaged in Secret Santa.
• Various employee engagement and coaching programmes to inform and motivate our people.

Governance Achievements

• Implemented a Code of Conduct for the Board of Directors and Senior Management.
• Constituted various Board Committees including Audit Committee, Nomination and Remuneration Committee, Stakeholder Relationship Committee, Internal Complaints Committee and Corporate Social Responsibility Committee.

Climate Goals & Targets

Environmental Challenges

• Online piracy caused the leak of "Great Grand Masti" well in advance of its theatrical release.
• Volatility of the movies industry

Mitigation Strategies

• Loss was mitigated to an extent by the success of Udta Punjab.
• Company is currently looking at an extended level of creative collaboration in the space while minimising its commercial involvement.
• Aim at making fewer, higher impact movies and thus, would want superior scripts that we can portray well on-screen and will resonate with audiences.
• Consolidation of movie production and BOLT businesses under the Balaji Telefilms umbrella.
• Reducing investments in the movie segment and focusing management bandwidth and capital on television and ALTBalaji.
• De-risking the business by selectively commissioning new movies that offer an extremely favourable risk reward profile.
• Partner on co-production models, pre-sell rights and secure our investments as well as only commission new projects where the risk rewards are extremely favourable.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Filmfare Award for Best Actress
• Screen Award for Best Actress
• Zee Cine Critics Award for Best Actor (Female)
• Filmfare Critics Awards for Best Actor
• Filmfare Award for Best Costume Design
• Filmfare Award for Best Debut Male
• Stardust Award for Best Screenplay
• Movers & Shakers 2017

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• TV Broadcasters inability to continue to invest in new original programming
• Piracy of content and decrease in moviegoers
• Ability to attract and retain subscribers on the digital business are not successful
• Competition continues to price and offer compelling services for digital OTT apps
• Changes in consumer viewing habits
• Retaining key talent

Mitigation Strategies

• Our shows account for a sizeable portion of their ratings and popularity. We generally have 4 of the top 10 shows and this ability to generate hit content should allow us to maintain our premium positioning in the market for TV content.
• We employ a number of monitoring tools and systems to take down any pirated content on the internet in addition to relying on strong IP and ownership rights via contracts and agreements. In addition to all of this we also pre sell a large portion of the movies economic rights that are non theatrical in nature to recover the cost of production of these movies.
• We continue to develop a strong pipeline of original and exclusive content which should cater to the demand of our audiences. We work with all the leading participants in the content creation eco system to develop a good understanding of the consumer needs for content.
• We utilize a broad mix of marketing programs as well as partners to promote our service to potential new subscribers. We obtain new subscribers through our online and offline marketing efforts and also rely on a number of partners to offer instant streaming of content from to various devices.
• In addition to ESOP based incentive structure we also offer employees a challenging and fulfilling work environment.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Ethics, Transparency and Accountability
• Sustainable Goods and Services
• Employee Wellbeing
• Stakeholder Engagement
• Human Rights
• Environmental Protection
• Responsible Public Policy Influence
• Inclusive Growth and Equitable Development
• Responsible Customer Engagement

Social Achievements

• Health Camp & Health Talk program for employees
• Self Defence program for women employees

Governance Achievements

• Whistle Blower Policy
• Prevention of Sexual Harassment Policy

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Social Achievements

• Initiatives such as creation of bubble shoot for continuous production and adoption of standard operating procedure for safety and better project management.
• Company managed to ensure smooth functioning of critical operations by providing necessary digital infrastructure including laptops / desktops, VPN access, video conferencing tools, etc. to allow employees to operate from home.

Governance Achievements

• The Company has in place well-established policies and procedures for internal control of operations and activities.

Climate Goals & Targets

Environmental Challenges

• The Coronavirus pandemic wreaked havoc on world economies, people grappled with an unfathomable crisis. Strict lockdowns were imposed around the world. It not only curtailed economic activity considerably, restrictions on movement affected industries across sectors.
• The Indian Media and Entertainment industry declined 24% in FY2020-21 due to the pandemic and the subsequent operational and financial challenges. As lockdowns continued across the country, theatres were closed and shootings were halted. This affected production schedules and the industry struggled to deliver fresh content on time.
• Piracy of film and TV content can lead to loss of potential revenue.
• Resurgent covid 19 waves and subsequent regional lockdowns can further hurt the industry particularly the theatrical releases.
• Reduced number of audiences per show in theatres for big budget film, due to social distancing norms can hurt revenue and profits.

Mitigation Strategies

• The Company managed to stay afloat through strategic efforts, innovative marketing strategies and financial prudence.
• The Company exhibited tremendous resilience during the pandemic to deliver fresh content across all formats, even as challenges came in from all quarters of the supply chain.
• Recognizing the uncertainty of the crisis, the team recalibrated its operational strategy across all verticals and took several initiatives such as relocating to outdoor locations in green zones to resume shooting and tuning the creative dimension in scripts to align with the current state of affairs.
• The strategic intervention to forge meaningful relationship with other industry players helped gain efficiency from greater collaboration in distribution, soft power and generating cash flows.
• Strict project management practices further eased pressure from rising costs and the Company managed to achieve better positioning at the negotiating table owing to the availability of ready to dispatch materials, without compromising on the quality of storytelling that the brand is reckoned with.
• The Company has taken various steps to mitigate the adverse impact of Covid-19 on the business which includes reduction in employee costs across all levels for a limited period, waiver of rentals and maintenance charges for the leased properties and other cost optimization across various overheads.
• The Company is aware of the consequences of future lockdowns and has learnt from its initiatives taken during the pandemic.
• The company has also taken adequate measures to continue shooting even if a lockdown situation arises in the country during the year.
• A number of monitoring and tracking tools to locate and take down any pirated content.
• Strong IP and ownership rights via contracts and agreements with different parties to reduce the instances of piracy.
• Pre-sell a large portion of the movie’s economic rights to recover the production cost of these movies.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• International Iconic Awards 2020
• Indian Television Awards
• Midday Hitlist OTT Awards.
• IWM Buzz Awards
• Indian Television Academy Awards 2021
• Dada Saheb Phalke Awards 2021
• Gold Awards 2020
• Zee Rishtey Awards 2020
• Gold honour for digital marketing excellence in the media & entertainment category at Ad Gully's DIGIXX 2020
• Campaign of the Year at World Digital Marketing Congress
• Silver at IAMAI Digital Awards
• Sammies Awards
• Labels Awards
• ITA Awards
• International Iconic Award
• White Page International
• India’s Best Brand
• India’s Inspirational Leader
• InkSpell Video Awards
• ScreenX
• Shark Awards
• FoxGlove
• M Cube
• e4m DigiXX Awards
• IWM Buzz Awards
• Inkspell Video Awards
• Screenxx2020
• Campaign PR 2020
• ScreenX2020

Environmental Metrics

Social Achievements

• Employee Donation Camp and Breast Cancer Awareness Camp were successfully conducted during the financial year

Governance Achievements

• Established various Board Committees including Audit Committee, Nomination and Remuneration Committee, Stakeholders’ Relationship Committee, Corporate Social Responsibility Committee and Risk Management Committee

Climate Goals & Targets

Environmental Challenges

• Piracy/Cybersecurity
• Evolving Business Model
• Customers Craving for New Experience
• Economic and Environmental Risk
• Competition Risk

Mitigation Strategies

• Implementing rigorous process planning, utilizing cyber threat detection and response tools and employing tracking tools to monitor and prevent piracy content. Prioritizing strong enforcement of intellectual property and ownership rights.
• Launched ALTT, a subscription-based video-on-demand platform with a vast collection of exclusive content.
• Shifted its process pattern and adopted new technologies to improve customer experiences. Cloud data setup has been implemented to manage big data and optimize the video management system.
• Prioritizes proactive risk management by devising strategies promptly to address potential risks and global events.
• Creates high-quality content featuring good talent, popular celebrities, writers and award-winning directors to stand out in the market’s intense competition.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• ITA AWARDS 2022
• INDIAN TELLY AWARDS 2023
• London Indian Film Festival, UK 2022

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities