Page 14 - CRISIL ESG Report 2023
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About the report
Our ESG reporting comprises an umbrella of publications pertaining to economic, social and environmental parameters. Together, they reflect our initiatives and outcomes towards building a sustainable organisation.
ESG Report
Highlights of CRISIL’s performance on
ESG in 2023
Dedicated Sustainability page
CSR Microsite
Business Responsibility and Sustainability Report
Prepared in accordance with SEBI circular dated July 12, 2023
Approach to reporting
SASB Index
Prepared in reference to SASB (Professional
External Assurance
CRISIL’s ESG Report 2023 is externally assured
GRI Report
Prepared in reference with Global Reporting Initiative (GRI) Standards 2021
ESG Databook
and Commercial
Services Standard)
This is CRISIL’s third ESG Report in continuation to our inaugural ESG Report 2021. This report outlines CRISIL’s performance in all the three domains – E (Environment), S (Social) and G (Governance) during the calendar year 2023. All the metrics stated in this report pertain to calendar year 2023 unless stated otherwise.
We are in the services business, specialising in research and analytics. Our solutions and services rely more on intellectual, rather than physical assets. We do not have any manufacturing facilities. Thus, among the ESG themes, the governance and social factors and their respective impacts are more relevant to us. Most of our operations are leased offices with limited opportunity to impact the energy footprint. However, we have taken efforts to switch to green energy at our owned offices and undertake tree plantation to contribute to environment sustainability.
Refer to the Materiality Assessment section of this report.
The ESG report is prepared with reference to global frameworks namely the Global Reporting Initiative Standards (GRI) and Sustainability Accounting Standards Board (SASB) and the Indian Business Responsibility and Sustainability Reporting (BRSR) framework issued by SEBI. This Report in conjunction with our Business Responsibility and Sustainability Report and ESG Databook (also forms a part of CRISIL Annual Report 2023) and the GRI and SASB indices, is a reflection of our initiatives and outcomes towards building a sustainable culture within our organization.
In 2023, our ESG processes were subject to an internal audit, followed by an external assurance process, making our ESG efforts more robust.
12 ESG Report 2023
Introduction