Zen Technologies Limited
Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-24)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:449.20 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:10.37 tCO2e/year
Scope 2 Emissions:438.83 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:2090.36 GJ/year
Water Consumption:Not disclosed
Waste Generated:4.71 tons/year (e-waste)
Carbon Intensity:0.03 tCO2e/₹ 1 Lakh (Scope 1 & 2)
ESG Focus Areas
- Ethical and Transparent Business Practices
- Employee Well-being
- Sustainable Sourcing
- Environmental Responsibility
- Stakeholder Engagement
- Human Rights
- Cybersecurity and Data Privacy
Environmental Achievements
- Established procedures to capture energy, water, emissions, and other relevant sustainability data.
- Implemented various initiatives to reduce environmental footprint and promote responsible waste management, including recycling programs and composting organic waste.
Social Achievements
- 100% return to work and retention rates of permanent employees and workers who took parental leave.
- Multiple channels for employees and workers to raise grievances and concerns (POSH committee, Whistle Blower platform, HR intervention, meetings).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Measuring energy, water, emissions and other relevant sustainability data.
Environmental Challenges
- Technological Advancements (opportunity and risk)
- Government Regulations and Policies (opportunity and risk)
- Geopolitical and Economic Stability (risk)
- Cybersecurity and Data Privacy (risk)
- Talent Acquisition and Retention (opportunity and risk)
- Supply Chain Disruption (risk)
- Capacity or Infrastructure Constraint (opportunity and risk)
- Dependence on Outsourcing to External Vendors for Manufacturing Sub-systems (opportunity and risk)
- Financial Risk - Timely Availability of Fund Based and Non-fund Based Finance (risk)
Mitigation Strategies
- Staying informed about changing regulations, maintaining compliance, and actively engaging with policymakers.
- Diversifying markets, assessing geopolitical risks, and implementing risk management strategies.
- Implementing robust cybersecurity measures, conducting regular security audits, and complying with data protection regulations.
- Offering competitive compensation packages, career development opportunities, and fostering a positive work culture.
- Maintaining a diversified supplier base, conducting regular risk assessments, and establishing contingency plans.
- Continuously investing in capacity expansion and infrastructure development.
- Employing stringent vendor selection criteria, quality control processes, and regular performance assessments.
- Maintaining strong banking relationships, diversifying funding sources, and regularly assessing financial requirements.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 9001:2015, ISO/IEC 27001:2013
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:475.74 tCO2e/year
Scope 1 Emissions:7.81 tCO2e/year
Scope 2 Emissions:467.93 tCO2e/year
Total Energy Consumption:2512.78 (A+B+C)
Waste Generated:7.835 tons/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented water meters to accurately measure water usage
- Expanded efforts to include regular training and awareness sessions on sustainability, particularly in our R&D department
- Study by TERI revealed substantial savings in GHG emissions from simulator training.
Social Achievements
- 100% return to work and retention rates of permanent employees and workers who took parental leave
- Comprehensive orientation and on-the-job training programs for employees
- Weekly training sessions for managers focused on enhancing organizational effectiveness
Governance Achievements
- Several training and awareness programs for Directors and Key Management Personnel (KMPs) on sustainability principles
- Regular audits and internal reviews of all policies and processes
Climate Goals & Targets
Short-term Goals:
- Continue to review and enhance sustainability parameters, identifying new areas for improvement and further embedding sustainability into our organizational culture.
Environmental Challenges
- Technological Advancements and Innovation (opportunity and risk)
- Government Regulations and Policies (opportunity and risk)
- Geopolitical and Economic Stability (opportunity and risk)
- Customer Satisfaction and Retention (opportunity)
- Cybersecurity and Data Privacy (risk)
- Talent Acquisition and Retention (opportunity and risk)
- Supply Chain Disruption (risk)
- Capacity or Infrastructure Constraint (opportunity and risk)
- Dependence on Outsourcing to External Vendors for Manufacturing Sub-systems (opportunity and risk)
- Financial Risk - Timely Availability of Fund Based and Non-fund Based Finance (risk)
Mitigation Strategies
- Stay informed about changing regulations, maintain compliance, and actively engage with policymakers for favourable policies.
- Diversify markets, assess geopolitical risks, and implement risk management strategies.
- Implement robust cybersecurity measures, conduct regular security audits, and comply with data protection regulations.
- Offer competitive compensation packages, career development opportunities, and foster a positive work culture.
- Maintain a diversified supplier base, conduct regular risk assessments, and establish contingency plans to mitigate supply chain disruptions.
- Continuously invest in capacity expansion and infrastructure development based on demand forecasts.
- Employ stringent vendor selection criteria, quality control processes, and regular performance assessments.
- Maintain strong banking relationships, diversify funding sources, and regularly assess financial requirements.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- New line of simulators designed to be more energy-efficient and environmentally friendly