Climate Change Data

Environmental Metrics

ESG Focus Areas

• Financial Inclusion
• Responsible Lending
• Employee Well-being
• Community Development
• Environmental Sustainability

Environmental Achievements

• Distributed solar lights to 300 households affected by Cyclone Fani.
• Implemented Project Jal, installing water purifiers in government schools.

Social Achievements

• Featured in the 'Great Place to Work - 2020' list, ranking 66th.
• Reached 1.8 million active customers across 18 states.
• Launched Hospicash, a health insurance product.
• Conducted financial and digital literacy programs.
• Implemented Project Shiksha, a scholarship scheme.
• Undertook extensive relief work for flood and cyclone victims.
• Organized health camps, eye check-up camps, and cancer awareness camps.
• Implemented Jivika - Skill Development Programme for rural women.

Governance Achievements

• Maintained a strong internal control framework.
• Established a risk management committee.
• Complied with RBI guidelines and Companies Act, 2013.

Climate Goals & Targets

Environmental Challenges

• Cyclone in Odisha.
• Citizenship Amendment Bill issue in some states.
• Shakeout in the NBFC sector impacting investor/lender confidence.
• COVID-19 pandemic causing nationwide lockdown and operational suspension.

Mitigation Strategies

• Implemented robust business strategies and efficient treasury management.
• Diversified sources of borrowing by onboarding PSU banks.
• Entered into Direct Assignment Transaction and Securitisation deal.
• Implemented “Moratorium Policy for Customer(s) on Deferment of EMI – COVID 19”.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Natural calamities (cyclones, floods)

Reporting Standards

Frameworks Used: SMART CAMPAIGN Client Protection Certification, MFIN

Certifications: Great Place to Work

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 2: Zero Hunger
• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 5: Gender Equality
• Goal 6: Clean Water and Sanitation
• Goal 13: Climate Action

Fusion's CSR initiatives contribute to these goals through various programs related to education, healthcare, skill development, environmental sustainability, and community empowerment.

Awards & Recognition

• Great Place to Work - 2020
• CSR Leadership Award by UBS Forums

Environmental Metrics

ESG Focus Areas

• Poverty eradication
• Education
• Gender equality
• Environmental sustainability
• Disaster relief

Social Achievements

• Initiatives to eradicate hunger, poverty, and malnutrition
• Programs promoting education and vocational skills
• Projects empowering women
• Support for senior citizens and marginalized groups
• Disaster relief and rehabilitation activities

Governance Achievements

• Establishment of a CSR Committee

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Customer Experience
• Financial Inclusion
• Employee Well-being
• Environmental Sustainability
• Community Development

Environmental Achievements

• Planted fruit and medicinal saplings across villages in Haridwar, Uttarakhand to enhance air quality and sustain the ecosystem.

Social Achievements

• Implemented various CSR initiatives benefiting underprivileged communities, including education, health, livelihood, WASH, relief, and welfare programs.
• Achieved 96.7% male and 3.28% female employee composition.

Governance Achievements

• Established a grievance redressal mechanism for various stakeholder groups.
• Implemented an anti-corruption policy.

Climate Goals & Targets

Environmental Challenges

• Maintaining positive customer experience in a large rural customer base.
• Addressing potential risks associated with non-disclosure of information to regulatory bodies.

Mitigation Strategies

• Continuous efforts to provide seamless customer experience through listening to customers and driving transformation.
• Addressing regulatory non-compliances through waiver applications and internal process improvements.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• 100% procurement at Branch Level is processed from local / nearby vendors / suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 27001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed