Page 129 - Index
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Mission-Critical Decisions, Made with Confidence.
10. 11. 12. 13. Briefly describe the waste management practices adopted in your establishments. Describe the strategy adopted
by your company to reduce usage of hazardous and toxic chemicals in your products and processes and the
practices adopted to manage such wastes.
Being in the financial services sector, our processes are inherently non-hazardous and safe in nature and does not
involve usage of hazardous and toxic chemicals.
In 2024, we continued our efforts to monitor both wet and dry waste through the standard operating procedures
rolled out in 2022. While dry waste was handed over to scrap vendors for recycling, wet waste was directed to certified
vendors for processing at suitable locations.
Continuing our commitment towards responsible paper consumption, we transitioned five offices to eco-friendly
printer paper consumption in 2024 and have increased office printing usage of ecofriendly paper to 90% in 2024
compared with 71% in 2023. We are continuously monitoring opportunities to replace printing activities with eco-
friendly paper alternatives.
It may also be taken into consideration that:
• 90.86% Waste generated across pan-India Crisil offices was recycled in 2024
• 89.94% of all in-house office printing in India offices is done on eco-friendly paper
Additional details on waste recovery can be found in Table 28(a) of Sustainability Databook.
If the entity has operations/offices in/around ecologically sensitive areas (such as national parks, wildlife
sanctuaries, biosphere reserves, wetlands, biodiversity hotspots, forests, coastal regulation zones etc.) where
environmental approvals/clearances are required
We do not have operations/offices in/around ecologically sensitive areas.
Details of environmental impact assessments of projects undertaken by the entity based on applicable laws, in
the current financial year
Not applicable. Environmental impact assessment is applicable to companies operating in infrastructure development
and not relevant to Crisil’s operations.
Is the entity compliant with the applicable environmental law/regulations/guidelines in India; such as the Water
(Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, Environment Protection
Act and rules thereunder (Y/N). If not, provide details of all such non-compliances.
Yes
Leadership Indicators
1. Water withdrawal, consumption and discharge in areas of water stress (in kilolitres)
For each facility/plant located in areas of water stress, provide the following information:
(i) Name of the area The following offices of Crisil are in water stress areas as per the
Aqueduct Water risk tool (By WRI): Ahmedabad (one), Bengaluru (one),
Gurugram (one), Hyderabad (two), Pune (two), Chennai (one), Dubai (one).
However, due to reporting boundaries as described in the report, water
data pertains to only 3 of our office locations namely Gurugram, Pune
(one) and Ahmedabad.
(ii) Nature of operations Ratings, Research, Analytics & Solutions
(iii) Water withdrawal, consumption & discharge.
Indicate if any independent assessment/evaluation/
assurance has been carried out by an external
agency? (Y/N) If yes, name of the external agency
Refer to table no 26(C) of Sustainability Databook for water withdrawal
and consumption data.
Yes. Independent external reasonable sustainability report assurance is
provided by DNV Business Assurance India Private Limited.
Annual Report 2024
127
Sustainability

