Annual & ESG Report 2023-2024

 

Outperform

By combining a diverse and experienced Board and Leadership Team with clear policies and a focus on business integrity, we have established a strong governance foundation. This foundation translates to:


Accountability
Clear lines of responsibility and oversight are established, ensuring that management is held accountable for its actions.


Fairness
Stakeholders are treated equitably, fostering trust and confidence in the company.


This organized approach to corporate governance not only promotes accountability and fairness but also drives the company's performance and reputation in the industry.

 

BRSR and BRSR Assurance

 

Over the last decade, global disclosure requirements have significantly evolved, yet inconsistent reporting has hindered stakeholders' ability to assess and compare companies' ESG performance. To address this, the Securities and Exchange Board of India (SEBI) introduced the Business Responsibility and Sustainability Report (BRSR) framework. This aligns with global standards like GRI, SASB, and TCFD, and links financial results with ESG performance. Starting from FY 2022-2023, it became mandatory for the top 1000 listed entities (by market capitalization) to report their performance as per the prescribed format.

In our endeavor to inspire trust and transparency, we proactively adopted the BRSR in FY 2022-23, a year in advance of the mandatory requirements.

We believe that BRSR makes it easier for all our stakeholders to obtain a clearer picture of our overall business stability, growth, and ESG performance.

This year, we've furthered our commitment by obtaining independent reasonable assurance of our BRSR, reaffirming our dedication to leading in corporate responsibility and sustainability.

Please refer to page 183 for FY 2023-24’s Business Responsibility and Sustainability Report and Assurance Statement
BRSR Assurance