Page 124 - Crisil Annual Report 2023

PRINCIPLE 1 Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable.
1. Percentage coverage by training and awareness programmes on any of the Principles during the financial year.
Please refer to Table No. 6 on pg. no.139 of the ESG Databook.
2. Details of fines / penalties /punishment/ award/ compounding fees/ settlement amount paid in proceedings (by the entity or by directors / KMPs) with regulators/ law enforcement agencies/ judicial institutions, in the financial year
No material fines/penalties /punishment/ award/ compounding fees/ settlement amount paid in proceedings (by the entity or by directors/ KMPs) with regulators/ law enforcement agencies/ judicial institutions, in the financial year as per CRISIL’s materiality policy
3. Of the instances disclosed in Question 2 above, details of the Appeal/ Revision preferred in cases where monetary or non-monetary action has been appealed
Nil
4. Does the entity have an anti-corruption or anti-bribery policy? If yes, provide details in brief and if available, provide a web-link to the policy.
Yes, CRISIL’s Code of Ethics, inter-alia, covers prohibition of bribery and corruption.
CRISIL’s Code of Ethics is available at https://www.crisil.com/content/dam/crisil/investors/corporate-governance/code-of-ethics.pdf
5. Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law enforcement agency for the charges of bribery/ corruption
No such instances of bribery/ corruption took place during the year.
6. Details of complaints with regard to conflict of interest of Directors and KMP.
No complaints with regard to conflict of interest were received during the year.
7. Provide details of any corrective action taken or underway on issues related to fines /penalties / action taken by regulators/ law enforcement agencies/ judicial institutions, on cases of corruption and conflicts of interest
Integrity Insight Impact
Section C: Principle Wise Performance Disclosure
Essential Indicators
Not applicable as there were no such instances.
8. Number of days of accounts payables ((Accounts payable *365) / Cost of goods or services procured):
Number of days of accounts payables#
#on consolidated basis
9. Open-ness of business
94 days
Provide details of concentration of purchases and sales with trading houses, dealers, and related parties along-with loans and advances
& investments,
with related parties:
Purchases from trading houses as % of total purchases Nil
Number of trading houses where purchases are made from Nil
Purchases from top 10 trading houses as % of total purchases from trading Nil houses
Sales to dealers / distributors as % of total sales Nil
Number of dealers / distributors to whom sales are made Nil
Sales to top 10 dealers / distributors as % of total sales to Nil
Purchases (Purchases with related parties / Total Purchases) 3%
Sales (Sales to related parties / Total Sales) 10%
Loans & advances (Loans & advances given to related parties / Total loans & Nil advances)
Investments (Investments in related parties / Total Investments made) Nil
Concentration of Purchases
Concentration of Sales
Share of RPTs in
a.
b.
c.
a.
b.
c.
a.
b.
c.
d.
Metrics
Nil
FY 2022
Nil
Nil
Nil
Nil
Nil
3%
11%
Nil
Nil
122
Annual Report 2023
FY 2023
90 days
FY 2022
Parameter
FY 2023