Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Outreach
• Employee Well-being
• Sustainability

Environmental Achievements

• Launched 'Zee Is Green' initiatives to raise awareness and build capacity for sustainable practices.
• Dibba Lautao campaign for Kerala flood relief.
• Project Prerna with Mahindra Group to empower women farmers.
• Toofan Aalaya campaign to fight drought in Maharashtra.
• Khushi Ki Boondein initiative to provide water relief in drought-affected villages.

Social Achievements

• Sarthi program to empower marginalized communities.
• Kisaan Abhimaan digital platform to help farmers.
• Recognized as one of the Top 100 Great Places to Work in India.

Governance Achievements

• Strong Corporate Governance practices and compliance with SEBI Listing Regulations.
• Implementation of Success Factors HR tech platform.
• Capability building initiatives with Coursera and KPMG Global Academy.

Climate Goals & Targets

Environmental Challenges

• Implementation of the TRAI tariff order causing short-term disruptions in subscription and advertising revenues.
• Increased competition in the digital and movie markets.
• Content cost inflation, especially in the digital business.
• Exchange rate fluctuations impacting revenues and expenses.

Mitigation Strategies

• Investing in data and analytics to understand consumer preferences.
• Strengthening partnerships with digital players.
• Aggressive investments in movie rights and original content.
• Upskilling workforce and upgrading infrastructure.

Supply Chain Management

Responsible Procurement

• Sustainable sourcing practices
• Emphasis on safe working conditions and prevention of child labor

Climate-Related Risks & Opportunities

Awards & Recognition

• Top-25 brands in Interbrand’s Best Indian Brands 2019
• World Branding Awards
• India’s Best Companies to Work For – 2018
• Indian Marketing Awards 2018
• Goafest 2019 Gold medal
• Neons OOH Conference Awards

Environmental Metrics

ESG Focus Areas

• Women Empowerment
• Protection and preservation of Arts, Crafts, Culture, National Heritage & Monuments
• Disaster Relief & Recovery
• Integrated Rural Development
• Initiatives to improve Public Health through food quality

Social Achievements

• Launched Big Ganga’s KaamWapasi initiative, helping over 35,000 migrant workers find employment.
• Provided healthcare infrastructure support to 12 states, including donating ambulances, oxygen humidifiers, and PPE kits.
• Built a 300+ bed Dedicated Covid Health Care Centre and donated it to the Maharashtra Government.
• Provided financial assistance to ~5,000 daily wage workers.
• Partnered with Akshaya Patra Foundation to provide 600,000 meals to 10,000 migrants.

Governance Achievements

• Reconstituted the Board with diverse members.
• Introduced new policies to strengthen governance and mitigate risks.
• Added a deeper layer of granularity in reporting and communication to shareholders.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic severely impacted advertising revenues (19.9% YoY decline), movie business, and live events.
• Competition remained intense across all segments.
• Embargo on channel pricing impeded television subscription revenue growth.
• Weak performance of some channels in Hindi, Tamil, and Marathi markets.

Mitigation Strategies

• Reduced discretionary spending.
• Maintained investments in content.
• Launched ZeePlex, a multi-platform pay-per-view offering.
• Launched virtual live events.
• Revamped programming line-ups.
• Implemented Covid Home Care Support for employees.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Best HR Team of the Year
• 1st Runner-up for Excellence in Learning & Development

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• 7% Reduction in energy intensity per crore rupee of turnover

Social Achievements

• 100% Female employee retention post maternity leave
• 100% Eligible employees received performance and career development review
• 99.3% Employees received training on human rights

Governance Achievements

• Established anti-corruption training for all employees
• Implemented a comprehensive remuneration policy

Climate Goals & Targets

Environmental Challenges

• Weak Ad spending environment
• Prolonged delay in NTO implementation
• Relatively subpar movie content performance
• Macroeconomic headwinds
• Increased content costs
• Competing for limited consumer time
• Alternate forms of entertainment
• Intellectual property infringement
• FTA/Free Dish
• Global/Local pandemic
• Exchange rate fluctuations
• IT security threats
• Regulatory risk
• Uncertainties in rules and regulations

Mitigation Strategies

• Strategic investments in digital (ZEE5) and sports
• Withdrawal of Zee Anmol from FTA to strengthen Pay TV ecosystem
• Investments in content, marketing, and technology
• Portfolio-based approach to optimise returns in studios business
• Adoption of best ESG practices
• Collaboration with business partners, employees, suppliers, and community
• Investments in technology and data
• Development of alternative sourcing strategies
• Strong offerings in AVOD and SVOD
• Unique storylines and innovative content formats
• Local partnerships, on-ground marketing, and enriching content slate
• Maximising ‘lifetime value’ through strategic marketing
• Curating content line-up that upholds international cinema standards
• Local partnerships for distribution, advertiser-funded shows, and local talent development
• Co-production in MENA
• Expanding the Syndication business
• Stringent policies on content advances
• Regular monitoring of adherence to policies
• Consumer-centric approach
• Revamped performance and rewards framework
• Initiatives to reduce friction in employee transactions
• Building an enabling policy framework
• Improving the quality of internal service
• Investments in developing and protecting diversity, equity, and inclusion
• Comprehensive array of programs for employee well-being and safety

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO 27001

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• 71% increase in waste recycled quantity & 33% decrease in waste diverted to landfill in FY24
• Water intensity per employee reduced by 16.8% in FY24
• 11% YoY decrease in per day shoot carbon emissions in FY24

Social Achievements

• Encouraging a culture of upskilling and excellence at every level of employee development. Received 8 awards for Learning and development platform “Zeecademy” in FY24.
• 21% Full-time Woman employees. Median gender pay gap is -6.3 in FY24
• Fostering a diverse media landscape through our inclusive content formats. Our diverse viewers are entertained through impactful storytelling that brings ESG relevant issues to the forefront.

Governance Achievements

• Independent, diverse and skilled Board of Directors.
• Robust cybersecurity program based on ISO 27001:2013 standard framework to safeguard consumer data.
• Strong culture of compliance with 100% completion of compliance training of employees on Code of conduct, information security & data privacy, and Prevention Of Sexual Harassment (POSH) at workplace

Climate Goals & Targets

Environmental Challenges

• Weak advertising environment
• Sustained consumption slowdown resulting in lower FMCG Ad spending
• Leaner movie calendar and lower syndication revenue

Mitigation Strategies

• Effective cost management
• Strong cost discipline across every element of cost structure and selectively investing for future growth
• Marketing investments for new launches

Supply Chain Management

Climate-Related Risks & Opportunities