Krishna Institute of Medical Sciences Limited
Climate Impact & Sustainability Data (2021-2022, 2023-24)
Reporting Period: 2021-2022
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
- Energy Conservation
- Cancer Awareness
- Skill Training and Employment
Environmental Achievements
- Reduced energy consumption by 23.1%, saving Rs. 280.52 lakhs and 2,302 tonnes of CO2
Social Achievements
- Launched a massive cancer awareness drive with village screenings and follow-up treatment
- Provided skill training in various trades to unemployed youth and offered employment opportunities
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Government regulations (stricter regulations, price capping of key implants & drugs, state-sponsored health schemes impacting industry margins)
- Competition from other healthcare organizations requiring continuous facility updates
- Dependence on consultant doctors who may discontinue their association
- Dependence on key personnel, loss of talent impacting business
- Potential unrecoverable value of goodwill or other intangible assets
- Dependence on subsidiaries' earnings
- Financing arrangements limiting business growth
- Risk of data confidentiality compromise due to technology dependence
Mitigation Strategies
- Risk Management Committee (RMC) oversees risk management policy, implementing policies, procedures, and systems for managing risk
- Periodic facility updates to remain competitive
- Doctor equity model to retain doctors
- Periodic evaluation of goodwill and intangible assets
- Monitoring subsidiaries' earnings
- Robust IT controls and disaster recovery mechanisms
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Ethical and environmental sourcing principles; adherence to SOPs and statutory guidelines; KYC checks; procurement from local distributors
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: NABH Accreditation for Emergency Department, Green OT certified
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Best Hospital of the Year (Times Healthcare Achievers Awards)
- Best Super-Specialty Hospital in Telangana (National Quality Excellence Awards)
- Only Hospital in Telangana to get NABH Accreditation for Emergency Department
- Ranked No.1 in Hyderabad for Cardiology, Neurosciences, Nephrology & Emergency (Times Health Survey)
Reporting Period: 2023-24
Environmental Metrics
Total Energy Consumption:79,315 GJ
Water Consumption:179,083 KL
Waste Generated:192 MT
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 17.64% Reduction in water consumption
- 1,232 tonnes of CO2 emissions reduced
- 200 Kg Reduction in daily waste generation (800 kg to 600 kg)
- 73,937 KL Water recycled
Social Achievements
- Set up KIMS Education Society
- INR 63.68 Mn CSR Expenditure
- 676 Students enrolled
- 60,000+ CSR beneficiaries
- various initiatives for employee well-being
Governance Achievements
- AACI international accreditation – First hospital in south India.
- The only hospital in South India to get Pharmacie De Qualite Certification.
- IVF center Accreditation by Board of FEQH & ISAR.
- ISO 9001:2015 Certified.
- Food and Safety management systems - ISO 22000:2018 certified.
- ER Certification – NABH – First hospital in Telangana.
- NABH Accredited.
- NABL accredited Lab.
Climate Goals & Targets
Environmental Challenges
- Volatile interest rates and changes in tax laws
- credit risks
- medical errors, surgical site infections and procedural mistakes
- Errors in medication management and challenges with medication availability and quality
- Negative media coverage, unauthorized responses and perceived negligence
- Delays in project executions and cost overruns
- Dependence on key personnel and potential talent loss
- complex regulatory environment
- risk of breaches in patient confidentiality and system failures
Mitigation Strategies
- strict financial controls, regular risk assessments and proactive debt management
- enhanced training programmes, stringent quality control measures and regular safety audits
- strict pharmaceutical protocols, regular training to personnel and rigorous inventory controls
- proactive public relations strategies, open communication channels and prioritizing patient safety
- efficient project management practices and maintaining operational flexibility
- structured succession planning and offering competitive compensation and development opportunities
- continuous monitoring and updating of practices
- investing in robust IT security measures, implementing comprehensive data management systems and maintaining effective disaster recovery protocols
Supply Chain Management
Responsible Procurement
- stringent onboarding and evaluation process for vendors
- incorporation of sustainability considerations into the vendor selection process
Climate-Related Risks & Opportunities
Awards & Recognition
- AACI international accreditation
- Pharmacie De Qualite Certification
- IVF center Accreditation by Board of FEQH & ISAR
- ISO 9001:2015 Certified
- ISO 22000:2018 certified
- ER Certification – NABH
- NABH Accredited
- NABL accredited Lab
- Best Hospital with Remote Monitoring System