PNB Gilts Limited
Climate Impact & Sustainability Data (2022-23, 2023-04 to 2024-03)
Reporting Period: 2022-23
Environmental Metrics
ESG Focus Areas
- Ethics, Transparency and Accountability
- Product Life Cycle Sustainability
- Employee Well-being
- Stakeholders Engagement
- Human Rights
- Environment
- Policy Advocacy
- Inclusive Growth
- Consumer Value
Social Achievements
- Focus on employee well-being, including grievance redressal mechanisms, equal opportunities, work-life balance, and a safe workplace.
Governance Achievements
- Establishment of a BRSR Committee to oversee sustainability reporting and implementation.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: BRSR (Business Responsibility and Sustainability Report)
UN Sustainable Development Goals
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
The policy aligns with various UN Sustainable Development Goals (SDGs) across its principles.
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:225.22 tCO2e/year
Scope 1 Emissions:24.86 tCO2e/year
Scope 2 Emissions:206.36 tCO2e/year
Water Consumption:33.70 kl/year
Waste Generated:0.31 tons/year
ESG Focus Areas
- Environmental Conservation
- Healthcare
- Education
- Information and Cyber Security
- Climate Change
- Governance
- Community and Social Impact
Environmental Achievements
- Installed energy efficient electric bulbs and sensor-based taps in offices to reduce energy and water consumption
- Partnered with NGO to restore and beautify Aravalli Oxy Van
Social Achievements
- Contributed ₹6.21 crore towards various trusts and agencies working in education, healthcare and environmental conservation
- Undertook several CSR initiatives focusing on education, healthcare, and environmental conservation
Governance Achievements
- Complied with all requirements set forth by regulators
- Implemented a robust information security structure to mitigate cyber threats and safeguard sensitive information
Climate Goals & Targets
Environmental Challenges
- Volatility in earnings because of interest rate movements
- Lack of diversity in revenue with interest rate business forming the main part of its operations
- Reputational risks due to climate change and shareholder activism on governance practices
- Unspent CSR funds due to unforeseen complications in ongoing projects
Mitigation Strategies
- Maintained an agile investment strategy and dynamic balancing of portfolio along with active liability management
- Implemented a BRSR policy in line with SEBI guidelines
- Proactively involved in ongoing dialogue with stakeholders to address concerns
- Deposited unspent CSR funds into a separate account for future utilization
Supply Chain Management
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and services
Reporting Standards
Frameworks Used: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, National Guidelines on Responsible Business Conduct