Sharing sector details, the report highlighted that none of the airline companies covered in the report disclosed their absolute percentage of sustainable aviation fuel (SAF) in overall fuel consumption.
CRISIL's Environmental, social, and governance (ESG) risk assessment of 586 Indian companies across 53 sectors revealed only one-fifth of the companies have published their sustainability report. Of the 53 sectors covered, service companies including IT, lending, and auto OEMs are the leaders in terms of ESG disclosures, whereas chemicals, mining, construction EPC, and transport infrastructure are not good with disclosures. CRISIL also found that compared to the last year's report, 12 companies published detailed sustainability reports for the first time. And of the companies that did earlier, nine are yet to publish for fiscal 2021.
Amish Mehta, Managing Director and CEO, CRISIL Ltd, "Leaders on ESG have demonstrated a clear commitment towards sustainability, and have consistently delivered superior performance. In contrast, those in the 'weak' and 'below-average' categories have poor disclosures and inadequate ESG risk-management practices. The uptake of sustainability in decision making is very piecemeal in India Inc because of a lack of stewardship, and fiduciary persuasion to improve the ESG quotient. For ESG to truly be embedded and practiced in spirit, all stakeholders have to work collaboratively and create a favourable environment for ESG in India. In addition to focussing in the near-term on targeted actions such as decarbonisation, a mindset shift is necessary to transform from merely complying to creating value and structurally mitigating risk."
A significant portion of the rising average temperature globally and global warming are a result of greenhouse gas (GHG) emissions, in India, only 1 in 5 companies reported their Scope1 and Scope 2 GHG emissions. The disclosure on Scope 3 emissions was even worse – only 63 out of 586 companies published this data.
Sharing sector details, the report highlighted that none of the airline companies covered in the report disclosed their absolute percentage of sustainable aviation fuel (SAF) in overall fuel consumption. None of the auto ancillary companies disclosed their number of product recalls, either voluntary or involuntary. In Logistics, none disclosed fuel consumption, or the number of EVs in their portfolio, or usage of eco-friendly packaging. However, on the bright side, 79 per cent of FMCG companies disclosed initiatives on packaging such as reduction in laminate based/paper packaging, elimination of single use plastic, and usage of recyclable packing material. In Hotels, 3 out of 4 companies have disclosed the percentage of their portfolio with green building certification, averaging 28.5%.
With India aiming to achieve net zero target by 2070, the findings of the reports only highlight the need of publishing sustainability reports.
Source: =”https://www.businesstoday.in/latest/corporate/story/only-one-fifth-of-586-companies-published-sustainability-report-crisil-334266-2022-05-19″ target=”_blank” rel=”noopener”>www.businesstoday.in
454 comments
Gino
welke-casino-betaald-beste-uit
Here is my web-site craps (Gino)
Mohamed
vinn-på-roulette-onlinecom
My web site – money (Mohamed)
voetbalweddenschappen
welke-legale-goksites-nederland
Check out my web site … voetbalweddenschappen
Marty
paysafecard-casino-100-free-spins
my web blog: tricks (Marty)
games
jeu-black-jack-gratuits
My homepage; games
Moises
gioca-wild-shark-gratis-senza-scaricare
Visit my web page lucky (Moises)
Joann
nederlandse-casino-gratis-spelen
my web page :: game (Joann)
Keeley
comastercard-casino-no-deposit-bonus
My blog – depo (Keeley)
jackpot
meilleur-bonus-de-démarrage-de-casino-en-ligne-sans-dépôt
Here is my webpage; jackpot
Iola
casino-che-accettano-apcopay
Look into my web blog … dadi (Iola)
ThomasRix
Yes, I understand you. In it something is also to me it seems it is very excellent thought. Completely with you I will agree.
_ _ _ _ _ _ _ _
tenerife car hire adeje https://drivelity-spain.com/car-rental-costa-adeje
Haroldcer
Will manage somehow.
_ _ _ _ _ _ _ _
rent car durres albania
depozytu
roulette-online-uten-nedlasting
Here is my blog – depozytu
bonus
top-10-casino-uk
my webpage bonus
Tobias
deposit – Tobias,-casino-pokies-for-real-money-for-fun
Senaida
macchinette-videogiochi
Feel free to surf to my page; bet365; Senaida,
gambling
le-meilleur-ratio-de-paiement-en-ligne-de-casinos
My homepage … gambling
Conradlof
You have kept away from conversation
_ _ _ _ _ _ _ _
https://carfyalanya.com/
paypal
online-casino-snel-uitbetalen
My site – paypal
loter
juega-gratis-a-viking-runecraft-bingo-en-modo-demo
Review my web blog … loter
wins
comment-gagner-de-l-argent-sur-caesars-slots
Feel free to visit my webpage – wins
wins
comment-gagner-de-l-argent-sur-caesars-slots
Feel free to visit my webpage – wins
Lieselotte
spill-gratis-casino-bingo
My site … recenzje (Lieselotte)
Ruletce
dobbelt-til-roulette
My blog post: Ruletce
Frei
online-casinos-ab-10-euro-einsatz
Also visit my homepage … Frei
royal
variantie-gokkasten
Also visit my site :: royal
chips
no-deposit-casino-bonus-codes-for-existing-uk-players
Have a look at my web-site … chips
lucky
no-deposit-best-pokies-online-australia
Here is my web page: lucky
darmowey
spill-gitt-kasino-regler
my blog; darmowey
https://labexpakistan.Com
saint-vincent-casino-no-deposit-bonus-codes-for-free-spins-2026
My web-site :: lucky (https://labexpakistan.Com)
Albert
hvor-mange-tall-i-bingo
Feel free to surf to my web blog :: najlepsze; Albert,
Jackpot
juegos-para-ganar-dinero-real-paypal
Here is my blog: Jackpot
Demo
dolly-casino-50-free-spins
My blog; Demo
Shari
como-ganar-jugando-casino
Also visit my web site; bono; Shari,
Joleen
online-casino-logo
Here is my blog … pokies (Joleen)
tragaperras
real-casino-de-madrid-paco-roncero
Here is my site: tragaperras
bet365
casinos-mit-kreditkarte
Review my webpage – bet365
bet365
casinos-mit-kreditkarte
Review my webpage – bet365
bet365
casinos-mit-kreditkarte
Review my webpage – bet365
bet365
casinos-mit-kreditkarte
Review my webpage – bet365
tragamonedas
cuando-se-hace-blackjack
Visit my blog post; tragamonedas
Hortense
eye-of-horus-online-casino
my blog post golden (Hortense)
Lucie
gokkasten-stein
my web page :: spel (Lucie)
Eugeneslove
I am assured, that you are not right.
_ _ _ _ _ _ _ _
https://automietenmallorca.de
Glenna
deposit-casino-pokies-for-real-money-for-fun
Here is my webpage :: gold, Glenna,
roulette
ratio-de-paiement-slots-en-ligne
Here is my website; roulette
strategies
juega-gratis-a-super-hot-en-modo-demo
my blog :: strategies
Sven
free-real-popular-pokies-australia
Take a look at my site – play [Sven]
lucky
australia-online-pokies-lucky-88
lucky
australia-online-pokies-lucky-88