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Sustainability Report 2024
6. 7. 8. 9. 10. Please provide details of air emissions (other than GHG emissions) by the entity. Indicate if any independent
assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external
agency
Yes. Independent external Reasonable Sustainability Reporting assurance was conducted by DNV Business Assurance
India Private Limited.
Please refer to Table no. 29 on page 71 of the Sustainability Databook.
Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity. Indicate if any
independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of
the external agency
Yes. Independent external Reasonable Sustainability Reporting assurance was conducted by DNV Business Assurance
India Private Limited.
Please refer to Table no. 30(a) on page 72 of the Sustainability Databook.
Does the entity have any project related to reducing Green House Gas emission? If Yes, then provide details.
Yes, business outreach done to identify specific intervention for reduced emissions Crisil includes environment
sustainability as a metric in our Balance Score Card.
• In 2024, we have increased procurement of green energy for our offices, expanding the number to 3 offices as compared
to 1 in 2023. This contributed to a significant 64% reduction in our Scope 1 & 2 carbon emission in 2024 over 2019
• Our Scope 3 emissions account for 86% of total emissions. In 2024, Crisil requested emissions data from suppliers
that form top 75% of suppliers in value terms. We continued to sensitise and encourage the supply chain to monitor
and disclose the carbon footprint of their operations. In 2024, we introduced few experts to our supply chain to support
them in reporting their emissions
• In two of Crisil’s key locations, electric vehicles (EVs) were introduced for airport transfer and ad hoc business travel.
This marks a pioneering step towards responsible business travel and reducing Scope 3 emissions
• Travel MIS shared with business teams for emissions tracking
• Business outreach done to identify specific intervention for reduced emissions
Provide details related to waste management by the entity. Indicate if any independent assessment/evaluation/
assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency
Yes. Independent external Reasonable Sustainability Reporting assurance was conducted by DNV Business Assurance
India Private Limited.
Please refer to Table no. 28, 28(a), 28(b) on page 70 of the Sustainability Databook.
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.
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