Page 9 - CRISIL ESG Report 2023

Sustainability is foundational to everything we do. Our environmental, social and governance (ESG) research, data, insights, assessments and solutions empower markets and companies to make decisions with conviction and contribute to enduring progress globally.
It is my privilege to present CRISIL’s third annual ESG report, which reflects our initiatives towards building a sustainable culture and the outcomes thereof. It underlines key ESG risks and opportunities material to our long-term value creation process.
In 2023, we expanded our ESG coverage, improved disclosures and published our ESG policy that reiterated our commitment to responsible and sustainable business conduct. We initiated a materiality reassessment to improve our ESG quotient and to focus on areas needing urgent action.
We remain committed to making meaningful social impact.
In 2023, we moved to minimise our environmental footprint, by using renewable sources for more than half of our energy requirements, reducing Scope 1 and 2 carbon emissions, recycling 90%+ waste and planting 54,000 trees.
We believe diversity, equity and inclusion (DEI) help foster the innovation essential to our long-term sustainable growth. I am happy to inform that women represents 39% of our workforce and 39% of all hires in 2023.
Over 15 diversity-themed trainings were conducted for employees in 2023. That, and the launch of Eskalera, an online learning platform designed to cultivate an inclusive work culture, were among the few ways in which we reaffirmed out commitment to DEI.
The above ensures employees get ample opportunities to learn, grow and most importantly, belong.
As a part of our community initiatives, CRISIL Foundation empowered more than 6 lakh rural women through financial literacy programmes in Assam and Rajasthan, making them self-reliant.
We remain relentless in our emphasis on corporate governance and doing business the right way.
Value creation and sustainable business practices are complementary, not disparate, goals. Our ESG journey is a testimony to that approach.
To our stakeholders, thank you for joining us in this quest.
Warm regards,
Amish Mehta
Managing Director and CEO
As a part of our community initiatives, CRISIL Foundation empowered more than 6 lakh rural women through financial literacy programmes in Assam and Rajasthan, making them self-reliant.
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