Page 107 - CRISIL ESG Report 2023

5. Does the entity have a business continuity and disaster management plan? Give details in100 words/ web link
CRISIL’s business processes are automated through bespoke applications that capture and maintain information about business processes, client agreements, reports generated, and assignments delivered, thus creating an adequate database for our knowledge.
The company has outlined a Business Continuity Policy (BCP). The BCP outlines critical processes, downtime tolerance, and planned recovery methodologies, and ensures requisite alternative strategies are defined in the recovery plan. At the same time, it ensures safety of teams during emergencies. Crisis communications is embedded in the BCP. The technology department remains abreast of the changes and suitably undertakes projects for technology upgrades to keep the infrastructure.
Our employees undergo BCP and security & safety trainings.
4,691 employees were trained on BCP in 2023.
6. Disclose any significant adverse impact to the environment, arising from the value chain of the entity. What mitigation or adaptation measures have been taken by the entity in this regard?
At CRISIL, we measure our carbon footprint by considering emissions not only from our own operations, but also from upstream activities, such as the procurement of capital goods and other purchases. Our supply chain has emerged as a significant contributor to our carbon footprint, surpassing emissions from our own facilities. CRISIL is focused on sensitising, raising awareness and fostering behavioural changes within its supply chain.
CRISIL requires its suppliers to report GHG emissions stemming from the lifecycle of their products and services. This information is crucial for various reporting requirements, including BRSR. We actively encourage and support our supply chain partners in measuring and disclosing the carbon footprint of their operations. Towards this end CRISIL decided to request emission value from suppliers where aggregate purchase order value exceeds C 10 Lacs, excluding small and medium enterprises and other similar categories where there was a challenge in availability of accurate emissions data. The response received primarily refined our approach towards data collection in relation to indirect emissions through supply chain.
7. Percentage of value chain partners (by value of business done with such partners) that were assessed for environmental impacts.
CRISIL has conducted the assessment of its suppliers, including environmental impact. As many as 175 suppliers covering 32.4% of our spend participated in a self-assessment.
PRINCIPLE 7 Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent
Essential Indicators
1. a) Number of affiliations with trade and industry chambers/ associations.
b) List the top 10 trade and industry chambers/ associations (determined based on the total members of such body) the entity is a member of/ affiliated to
3
Please refer to Table no.10 on pg no. 65 ESG Databook.
2. Provide details of corrective action taken or underway on any issues related to anti-competitive conduct by the entity, based on adverse orders from regulatory authorities.
There are no instances of adverse orders from regulatory authorities for anti-competitive conduct.
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