SASTASUNDAR VENTURES LIMITED
Climate Impact & Sustainability Data (2021-04 to 2022-03, 2023-2024)
Reporting Period: 2021-04 to 2022-03
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
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Adopted Dividend Distribution Policy with effect from June 22, 2021.
- Implemented a Whistle Blower Policy.
- Organized a familiarization program for Independent Directors.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Expand RetailerShakti PAN India and accelerate growth.
- Leverage scale to minimize cost and maximize margin.
Short-term Goals:
- Expand and grow network of seller pharmacies across PAN India.
- Setup a warehouse network across PAN India.
Environmental Challenges
- Highly regulated healthcare domain.
- Data security threats.
- Need for constant technological upgradation.
- Mindless competition based on heavy discounts.
- Highly competitive and fragmented industry.
Mitigation Strategies
- Strategic partnership with Flipkart group to manage risks and leverage their large consumer base and digital tech capabilities.
- Focus on building a unique sustainable growth model instead of growth at any cost.
- Investing in teams, technology, and trust.
- Working on cost optimization and gaining market share.
- Building supply chain capabilities in different regions across India.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Policies relating to HSE, Ethics and Human Rights that our business associates are obliged to adhere to strictly.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-2024
Environmental Metrics
ESG Focus Areas
- Ethical and Transparent Governance
- Employee Well-being
- Cybersecurity and Data Privacy
Social Achievements
- Emphasis on employee and workforce wellbeing.
- 100% of permanent employees covered by gratuity benefits.
Governance Achievements
- Implementation of Code of Conduct, HR Policy, Data Privacy, Induction, and POSH Policy training for 100% of employees.
Climate Goals & Targets
Environmental Challenges
- Cyber attack risk due to digital platform operations.
- Delay in submission of financial results leading to fines.
Mitigation Strategies
- Regular updates of digital application software, firewall, and data loss prevention systems.
- Improved compliance procedures to avoid future delays.