Page 19 - CRISIL ESG Report 2023

Aligning with UN SDGs
An ambitious, global strategy for pursuing sustainability in environment, social and economic development by 2030 is laid out by the United Nations Sustainable Development Goals (UNSDGs). In addition to continuing our efforts and initiatives aimed at generating value for all our stakeholders, CRISIL embraces the UNSDGs.
Our business allows us to make a difference on the seven SDGs listed below:
The table also provides a snapshot of the progress CRISIL has made in achieving these goals in 2023.
UNSDG icon
SDG elaboration
Description
Metrics and Achievements
Initiatives
SDG 5
Gender equality
Achieve gender equality and empower all women and girls
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End all forms of discrimination
Ensure women’s full and effective participation, and equal leadership opportunities
Adopt sound policies for promotion of gender equality
Increase the share of renewable energy Improve
energy efficiency
Ensure decent work for all, including persons with disabilities, and equal pay
Eradicate forced labour and end modern slavery and child labour Strengthen capacity and access to banking, insurance and financial services for all Promote and support MSMEs, including their access to financial services
• Women hires: 39%
• Women in the workforce: 39% • Women at leadership levels:
22%
• Total hours of training imparted
to women: 34,641 hours**
• Average number of training hours of women employees at 16.09 hours exceed the company average of 12.17
hours**
•5,200+ Sakhis empowered
through Mein Pragati programme in Assam and Rajasthan
• Energy intensity 4.97 GJ per employee, which is lower than 8.53 GJ per employee in 2019 (Baseline)
• % of green energy has increased from 5% in 2022 to 58% in 2023
• Differently abled employees: 9 • All India offices, as well as major offices in the UK and the US, assessed for child labour
and forced labour
• No complaints on child labour
and forced labour
• Managing 615 RBI Centres for
Financial Literacy during 2023 • Beneficiaries of Mein Pragati programme during 2023:
663,325
• 20 lakh+ linkages to financial
services through Mein Pragati and CFLs during 2023
We strive to promote gender equality by setting targets for hiring of women and increasing the ratio of women in the workforce and managerial/ leadership positions
To read more about our initiatives and progress in these areas, refer to ‘Promoting women leaders’ on page 40 of this report
To read more about our endeavours in Mein Pragati, refer to page 47 of this report
We are committed to reducing our energy footprint by implementing energy-efficient solutions in our operations
In 2023, CRISIL transitioned its largest office, CRISIL House Mumbai to 100% green energy
To read more about our endeavours in these areas, refer to ‘Energy conservation’ on page 31 of this report
We promote a work culture of inclusivity and safety, where all employees are treated equally and their rights are safeguarded
CRISIL, through its CSR arm – CRISIL Foundation, enables and strengthens access to banking and financial services through its Mein Pragati programme and RBI Centres for Financial Literacy
To read more about our endeavours in these areas, refer to ‘Social capital’ on page 37, ‘Mein Pragati (in Assam and Rajasthan)’ on page 47, and ‘RBI’s MoneyWise Centres for Financial Literacy’ on page 49 of this report
SDG 7 Affordable and clean energy
SDG 8
Decent work and economic growth
Ensure access to affordable, reliable, sustainable and modern energy
for all
Promote sustained, • inclusive
and sustainable economic
growth, full and productive employment, and decent work
for all
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