Page 33 - CRISIL ESG Report 2023

Environment Policy
The environment landscape is constantly evolving. Hence, it is imperative to prioritise focus areas to ensure a meaningful environmental impact relative to our operations. CRISIL’s Environment Policy underlines our commitment to enhance our environmental performance across all activities and motivate our staff and community members to take action for the environment.
A number of initiatives in the areas of renewable energy usage, responsible waste disposal and resource utilisation outlined later in this report are testimony to our commitment to the cause. Further, our balance scorecard includes environmental
Energy conservation
We transitioned our largest energy-consuming premise, CRISIL House, Mumbai, to renewable energy in 2023, thereby contributing significantly towards reduction of our carbon footprint. The proportion of energy consumption from renewable sources increased from 5% in 2022 to 58% in 2023.
sustainability as one of the metrics for measuring business performance.
CRISIL has designed an environmental awareness training session specifically to inform our staff about ESG. Further, CRISIL’s supply chain training aims to create awareness and encourage our supply chain partners to assess their emissions and resource footprint and establish management procedures and policies that support environmental preservation.
Read CRISIL’s Environment Policy
Energy Consumption
42%
2023
58%
Renewable Non-renewable
We are progressively moving towards energy- saving LED technology for our office lighting requirements.
95%
2022
5%
We have employed motion sensors to
Energy 2022
consumed Gigajoules
from renewable sources
1,096
2023 Gigajoules
14,095
Other Initiatives supporting energy conservation
Electric cars facilitated by providing appropriate parking slots and charging points at CRISIL House.
IT hardware, servers and network devices were decommissioned under the cloud migration and tech consolidation projects with an aim to reduce CRISIL’s tech debt and legacy infrastructure. CRISIL saved 151,860 kWh of energy through these projects during 2023.
optimise usage.
lighting
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