Aarvi Encon Limited
Climate Impact & Sustainability Data (2018-03 to 2019-03, 2022-23, 2023-04 to 2024-03)
Reporting Period: 2018-03 to 2019-03
Environmental Metrics
ESG Focus Areas
- CSR
Social Achievements
- Spent Rs. 10,45,490/- on CSR Activities supporting Educational Institutes and medical facilities to needy persons.
Governance Achievements
- Annual evaluation of its own performance, board committees, and individual directors.
Climate Goals & Targets
Environmental Challenges
- General Election in the country had some negative effect for the last quarter as most of the government tenders were not opened and extended.
Mitigation Strategies
- We hope for better half in 2019-2020 as these tenders are getting attended now.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022-23
Environmental Metrics
ESG Focus Areas
- Corporate Social Responsibility (CSR)
Social Achievements
- In FY 2022-23, Aarvi began its Green Transformation, with manpower outsourcing services in the renewable energy sector accounting for 8% of total revenue.
Governance Achievements
- Aarvi maintains the highest standards of corporate governance, transparency, and accountability.
Climate Goals & Targets
Environmental Challenges
- Global economic challenges including high inflation, Russia's invasion of Ukraine, and COVID-19 disruptions in China.
- Finding quality talent for recruitment.
Mitigation Strategies
- Aarvi adapted to market shifts and proactively onboarded 50 new clients.
- Aarvi invests in attracting, retaining, and developing talent.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Award by Economic Times under the Category of “LEADER OF CHANGE” 2021
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Reduced electricity consumption and carbon footprint over the years through effective energy management and sustainable initiatives.
- Retained the enterprise-wide ISO certification for ISO 9001:2015, ISO 45001: 2018 and ISO 14001:2015.
Social Achievements
- Honored with the “Certified Great Place to Work Award” by the Great Place to Work organization.
- Aarvi Encon Limited Employee Stock Option Plan, 2022 implemented to retain and incentivize key talent.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Increase in employee cost due to business expansion.
- Competitive pricing leading to reduction in margins.
- Termination of a few projects contributing to stagnant sales figures and offering poor margins.
Mitigation Strategies
- Strategically closed several projects to improve long-term financial health and sustainability.
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 45001:2018, ISO 14001:2015
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Certified Great Place to Work Award