Page 48 - CRISIL ESG Report 2023

Learnings from drills, maintenance activities and regular safety stimulations are also taken into consideration for enhancing the health and safety programme.
Health & Well-Being
CRISIL cultivates a supportive environment that prioritises and nurtures the overall health of its workforce. Focussed initiatives towards employee’s physical and mental well-being underline our commitment to providing holistic support for their personal and professional growth.
Key Initiatives
• Conducted regular wellness sessions with various doctors and psychologists, covering a spectrum of topics such as mindfulness, heart health, and ergonomics
• Observed World Mental Health Day, featuring a dedicated session highlighting the importance of mental well-being
• Introduced weekly yoga and dance sessions, catering to in-person and work-from-home attendees
CRISIL prioritises the safety of its employees. Further, to reinforce appropriate conduct respecting human rights, a social sensitivity training on the themes of modern slavery, child and forced labour, equal opportunity, and DE&I is made mandatory for all employees.
Pg. no. 27 for Grievance redressal avenues for reporting human rights complaints
100%
of CRISIL locations/offices in India and major offices in London and New York were assessed during the year for child labour, forced labour, H&S practices and POSH
86%
of CRISIL employees were trained on health and safety measures in 2023 vs 71% in 2022
Respect for human rights
CRISIL supports the protection of human rights across its value chain. The recruitment, remuneration, and promotion of employees is based purely on merit, irrespective of their race, religion, gender, and nationality. We do not encourage any kind of involuntary employment, and towards this end, have undertaken several initiatives, including the adoption of an Anti-Slavery Policy, which extends to CRISIL’s subsidiaries as well. The policy interdicts forced and child labour and slavery in operations.
Our Supplier Code of Conduct requires suppliers and vendors to uphold our objective of protecting human rights by fraud prevention and prohibiting child and forced labour, promoting health and safety, and being environmentally compliant and sustainable.
Read CRISIL’s Modern Slavery Statement
Driving social change amongst local communities
CRISIL’s commitment to sustainability is woven into its policies and practices. We have a dedicated CSR policy that underlines our commitment to improve our social impact across the communities we serve. Our efforts are directed towards supporting, building, and growing these crucial societal facets.
Mein Pragati, the flagship CSR programme, is currently being implemented in over 5,000 villages of Assam and Rajasthan. This is facilitated through a well-trained, all-women community cadre of Sakhis. This cadre has helped address the last-mile constraints in awareness and access to financial services. As on date, these sakhis have supported over 2 million rural community members, mostly women, by facilitating access to banking, and other financial, and social security schemes.
CRISIL Foundation’s efforts through Mein Pragati have led to a larger partnership – the MoneyWise Centre for Financial Literacy (CFL) project being implemented in India with support from the Reserve Bank of India (RBI), 11 public sector banks and NABARD. This scales-up CRISIL Foundation’s financial awareness and inclusion efforts through 615 CFLs across 50,000 villages spread across 14 states and four union territories. By building these into timely, relevant, and trusted centres of knowledge, CRISIL has taken a firm step towards enabling ‘last-mile financial inclusion’, critical to the country’s long-term development.
46 ESG Report 2023
4,810 6,273
employees were provided hours of training training on human rights on human rights
For its CSR efforts during the year, CRISIL Foundation was awarded the ‘CSR Foundation of the Year’ (in the small companies’ category) at the 9th CSR Impact Awards 2023, organised by CSRBOX and Dalmia Bharat – for its financial capability building and environment conservation initiatives.
Social Capital