Climate Change Data

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