Sambhaav Media Limited
Climate Impact & Sustainability Data (2015-04 to 2016-03, 2016-04 to 2017-03, 2017-18)
Reporting Period: 2015-04 to 2016-03
Environmental Metrics
ESG Focus Areas
- Corporate Responsibility
Environmental Achievements
- Voluntarily participating in a "My Own Street" campaign to spread awareness of environmental protection and cleanliness.
Social Achievements
- No specific social initiatives mentioned with quantified outcomes.
Governance Achievements
- Implemented all procedures and practices in conformity with the code of Corporate Governance as enumerated in Schedule V of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015.
- Established Vigil Mechanism (Whistle Blower Policy).
Climate Goals & Targets
Environmental Challenges
- Technological changes in the media industry.
- Competition risk from regional and national players.
- Changing audience tastes and preferences.
- Macroeconomic environment (moderating growth and high inflation).
Mitigation Strategies
- Developed a unique business model with diversified products (print, television, digital).
- Focus on cost efficiency through better negotiations with suppliers and control on distribution spends.
- Continuous research and technological updating to identify new opportunities.
- Investment in growth opportunities to maintain business leadership.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Companies Act, 2013, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Reporting Period: 2016-04 to 2017-03
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Cleanliness
Environmental Achievements
- Voluntarily participating in a campaign, namely “My Own Street” to spread awareness of environmental protection and cleanliness.
Governance Achievements
- Implemented all the procedure and adopted all the practices in conformity with the code of Corporate Governance as enumerated in Schedule V of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Climate Goals & Targets
Environmental Challenges
- Demonetisation impact on advertisement revenue.
- Changes in technology, social trends, lifestyle of the people, competition with the other local/ regional newspaper publishers.
- Changing audience tastes.
- Highly competitive environment.
- Macroeconomic environment (moderating growth, high inflation).
Mitigation Strategies
- Developed a unique business model of print to digital media providing hedging.
- Comprehensive evaluation of opportunities in media projects (Advertiser, Pre-development, Finance, Publishing/broadcasting, Market).
- Integrated Project Management Control System.
- Integrated web based collaborative system to facilitate consolidation of project related issues and its timely resolution.
- Integrated ERP platform for monitoring and controlling of critical project activities.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Certifications: ISO 9001:2008
Third-party Assurance: Dhirubhai Shah & Doshi Chartered Accountants
Reporting Period: 2017-18
Environmental Metrics
ESG Focus Areas
- Social Responsibility
- Ethics
Social Achievements
- Voluntarily participating in a campaign, namely “My Own Street” to spread awareness of environmental protection and cleanliness.
Governance Achievements
- Implemented all the procedure and adopted all the practices in conformity with the code of Corporate Governance as enumerated in Schedule V of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015.
Climate Goals & Targets
Environmental Challenges
- Constraints affecting growth and smooth functioning of the company due to the highly evolving and technology-driven nature of the media industry.
- Changing trends in society substantially impacting the business.
- Uncertainty of success of digital media products requiring continuous upgrades.
- Macroeconomic environment (moderating growth, high inflation) adversely impacting advertising revenues.
- Difficulty in consistently predicting audience tastes.
- Highly competitive environment with innovations and varying levels of resources.
Mitigation Strategies
- Unique business model of print to digital media providing hedging.
- Comprehensive evaluation of opportunities in media projects considering various parameters (advertiser, pre-development, finance, publishing/broadcasting, market).
- Integrated system for planning, scheduling, monitoring, and control of projects.
- Integrated Project Management Control System integrating project management, contract management, and control functions.
- Project monitoring centers acting as a Decision Support System.
- Integrated web-based collaborative system for issue resolution.
- Integrated ERP platform for monitoring and controlling critical project activities.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Certifications: ISO 9001:2015
Third-party Assurance: Dhirubhai Shah & Co, Chartered Accountants