J.B.Boda Group
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Sustainability
- ESG
- Diversity & Inclusion
Social Achievements
- Navratri Celebrations at J.B.Boda Mumbai Office, showcasing commitment to cultural diversity and unity.
- Attended the National Insurance Academy 19th Insurance Annual Summit, focusing on 'Reimagining Insurance Business: Insurance for all by 2047'.
Climate Goals & Targets
Environmental Challenges
- Climate change impact on the construction industry (rising insurance costs)
- International sanctions impacting India's maritime sector
- Lack of domestic representation in Protection and Indemnity (P&I) insurance
Mitigation Strategies
- Implementing innovative strategies to address climate change challenges in the construction industry.
- Advocating for a domestically owned P&I entity and an international arbitration center for the maritime sector.
- Discussions with public sector banks for favorable maritime sector financing.