Page 18 - CRISIL ESG Report 2023

ESG Governance @ CRISIL
ESG statement and Policy
Oversight -
ESG Core Group ESG
Annual goal-setting with regular reviews and monitoring
Employee training, awareness and participation
ESG reporting and assurance
aspects of ESG. Information encourages involvement and also enables employees to effectively communicate our strategy and achievements to external stakeholders.
We have rolled out exclusive training programmes on environmental and social dimensions for all our employees. In 2023, we launched a special training on governance aspects, mandatory for all employees and contract staff. To enhance awareness on ESG and progressively embed sustainable principles into employees’ decision-making and thought process, we have also started publishing ESG newsletters and inviting experts to speak on pertinent ESG themes.
Governance
Senior management sponsors for E, S and G vectors
CRISIL’s ESG Core Group Committee, a management-level steering committee, is chaired by Amish Mehta, MD & CEO. The committee’s objective is to identify and define the ESG strategy and goals and review performance and disclosure across ESG themes. In addition, the CRISIL Board annually reviews ESG goals and implementation action plans. The goals are then cascaded to CRISIL’s business leaders, and the progress is tracked and reviewed by the ESG Core Group.
Six ESG Core Group meetings were held in 2023. The Core Group actively reviewed and enhanced CRISIL’s current ESG practices to meet best-in-class international standards during the course of the year.
An ESG Policy was published in 2023 which outlines CRISIL’s commitment towards responsible and sustainable business conduct.
Read CRISIL’s ESG Policy
ESG governance at CRISIL is subject to internal audit. The CRISIL ESG Report 2023 is also externally assured.
Our employees are ambassadors of what CRISIL stands for and we believe that the best way to implement our ESG strategy is to involve them right at the beginning. It is imperative that they are updated about CRISIL’s progress and strategy on various
Specialised training on governance dimension of ESG completed by
87%
employees
16 ESG Report 2023
Introduction