L&T Technology Services Limited, Bengaluru provides Engineering and R&D (ER&D) services including consultancy, design, development, and testing. Company has devised a policy on Diversity, Anti-discrimination, elimination of child labour and forced labour, POSH, Business Continuity Plan. Company has a Board committee that specifically looks at the ESG function under the CSR committee. Company submits Business Responsibility and Sustainability Report to SEBI which is based on GRI framework. The Chief Risk Officer oversees the sustainability reporting; and the automation tool helps in preparing various reports directly from the tool so as to reduce manual intervention and reducing reporting time. Company environmental management system emphasizes comprehensive waste management following the 6R principles (Rethink, Reduce, Reuse, Recycle, Refuse, and Repair).
IDFC FIRST Bank Limited, Mumbai is private sector bank, the main products/ services include Retail Banking, Treasury, Corporate /Wholesale Banking. Bank is committed to the principles of equal opportunity in all areas of the employee lifecycle. Bank is transforming its ESG challenges into opportunities by bringing in new initiatives such as automation of ESG data collection; setting targets on climate action and Net Zero post assessment of GHG baselines and carbon roadmap; identifying possible responsible lending opportunities; proactively assessing climate risks at a Bank level through Task Force on Climate Related Financial Disclosures (TCFD); and adhering to guidelines from RBI on green deposits. Reporting is based on BRSR, IR framework, GRI and SASB (The Sustainability Accounting Standards Board). Bank has created a dedicated governance structure, starting with a Board Committee that manages Stakeholder Relationships, ESG and Customer Service (SRECS).
Aditya Birla Capital Limited, Mumbai is the holding company for the financial services businesses of the Aditya Birla Group. Company prepares sustainability reports that outline its environmental performance and progress towards its sustainability goals. Company has been publishing its independent Sustainability Report for 4 years now. Company have identified ESG specific KPIs for their businesses and functions and integrated in to their existing business KPls. Company have implemented an Environment, Social and Governance (ESG) Scorecard that enables infrastructure and project finance businesses to identify and assess the ESG risks of the borrowers and projects. 18,045 kilograms of dry waste was recycled in 2021-22, thereby creating the potential to offset greenhouse gas (GHG) emissions equivalent to 61MtCO2. In FY23, Company achieved a significant milestone with women’s representation reaching 12.5% at the Board level and 66.6% at the Key Management level. Percentage of females in the entire workforce is 29.
Niva Bupa Health Insurance Company Limited, New Delhi is a Joint venture health insurance company between Fettle Tone LLP and UK based healthcare services expert, Bupa. Company has devised a policy on Diversity, Anti-discrimination, elimination of child labour and forced labour, POSH, Business Continuity Plan. Number of programs are implemented to reduce environmental impacts, including Climate Impact Assessment and Digital Solutions. ESG parameters forms part of annual report. Company has proactively identified specific ESG Key Performance Indicators (KPIs) that are closely linked to sustainability goals and operational responsibilities. Executive compensation linked to ESG goals. Company underwrites health-related risks for its customers, which have a strong correlation with the environment and climate change.
Biocon Limited, Bengaluru is driven by the vision to make a difference to global healthcare through improved access to high quality, life-saving bio therapeutics by making them affordable. Company has defined role of the Board Committees, Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, grievance redressal mechanism, POSH Policy. A top-down approach for ESG integration is adopted with key direction and overview from Board of Directors through respective Board Committees with ESG mandates. The Board-level ESG Committee provides direction and monitor ESG strategy, plans and performance. Annual Report has been developed in accordance with the principles, guidelines and requirements of the International Integrated Reporting Council (IIRC). Company has identified ESG Key Performance Indicators (KPIs) and it is reported annually in public disclosures.