Page 36 - CRISIL ESG Report 2023

Shaping the larger social consciousness quotient
Focussed and meaningful engagement, both physical and virtual, has played a key role in driving responsible social consciousness among CRISILites.
Tree plantation and maintenance drives, under the campaign ‘Your #DateWithNature’, in Mumbai, Pune and the Sundarbans brought CRISILites and their families together, actively participating in tree plantation, post-plantation and maintenance drives. This played a crucial role in protecting, restoring and rebuilding our planet.
In 2023, to commemorate the 50th anniversary of World Environment Day (June 5), over 400 CRISILites across six locations (Mumbai, Gurugram, Hyderabad, Chennai, Pune and Ahmedabad) came together to create solar lamps. This was part of the ‘Light A Lamp’ initiative, an in-office volunteering initiative supported by S&P Global. Under this programme, 1,000 lamps were created and distributed to rural households in Assam and Rajasthan (where CRISIL Foundation’s financial capability building programmes are being implemented). This initiative integrated community impact and employee responsibility, making a positive impact on both fronts.
As part of our annual Daan Utsav, CRISILites contributed books, ration, clothes, and footwear by partnering with NGOs such as Robinhood Army, Goonj and Greensole for donating these essentials to underprivileged members of the society.
Water conservation
Dwindling freshwater resources and erratic changes in weather patterns have highlighted the need for water conservation. Recognising the importance of water conservation, CRISIL has made efforts to recycle water and leverage technology to improve water efficiency, wherever possible.
Conservation of water resources for rural communities is a new area of intervention undertaken as part of the Company’s CSR programme. Water conservation structures have been created to improve access to drinking water in two tribal villages of Udaipur (Rajasthan), through:
• repair/restoration of open wells
• construction of water storage tanks and
• installation and improvement of water distribution systems
34 ESG Report 2023
Volunteering initiative - Light a Lamp
CRISIL recycles 8.3% of water consumed*
CRISIL House Mumbai, has a sewage treatment plant for recycling of water which is routed to sanitary use and for watering 17,000 sq. ft. of green area in the premises
Several water efficiency measures have been implemented, including low-flow fixtures, aerators, sensor-based taps and regular calibration checks have been ensured
*Water data is available only for Mumbai, Pune and Gurugram offices, which are exclusively managed and controlled by CRISIL. During 2023, 2 India offices namely Ahmedabad and Kolkata started reporting water data. Other locations are managed offices for which data is not currently available.
Environment