Climate Change Data

ASIAN HOTELS (EAST) LIMITED

Climate Impact & Sustainability Data (2021-22, 2023-04 to 2024-03)

Reporting Period: 2021-22

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

ESG Focus Areas

  • CSR
  • Employee Well-being
  • Environmental Sustainability

Environmental Achievements

  • Refurbished STP (Sewage treatment plant) saving 80-100KL of fresh water per day, used for gardening and other purposes.
  • Improved profitability due to water conservation initiatives.

Social Achievements

  • Organized industry visit for youths of LP4Y NGO.
  • Organized health check-up session for employees.
  • Hosted workshop by ladies of Little Big Help organization, generating Rs 25,840 revenue for their NGO.
  • Visited Help Age India and donated a month’s groceries.
  • Celebrated Christmas with Children of Little Big Help NGO.
  • Organized a Bakery workshop with young ladies of Little Big Help Organization, revenue dedicated to their NGO development.

Governance Achievements

  • Complied with Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2).
  • Established a Whistle Blower Policy.
  • Established an Internal Complaints Committee to address sexual harassment complaints.

Climate Goals & Targets

Environmental Challenges

  • Low market demand.
  • High attrition rates due to uncertainty in the industry.
  • Scarcity of right talent.
  • Competition from newer and renovated hotels.
  • Growing distribution of competitors.
  • Legal challenges with the Government of Odisha regarding lease renewal for GJS Hotels Limited.
Mitigation Strategies
  • Changed business mix based on market needs, focusing on brand.com and online distributors.
  • Secured wedding, corporate MICE, and sports bookings.
  • Renewed IT structures, expanded digital communication channels, and integrated new technologies.
  • Implemented various employee well-being initiatives to reduce turnover.
  • Taking necessary legal steps to protect its interest in GJS Hotels Limited.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Third-party Assurance: Singhi & Co. Chartered Accountants