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Environment
Direct emissions
Scope 1&2 Emissions (In MTCO2E)
6,309
4,359
2,376 2,284
Furthermore, we increased attention on tracking our
business travel carbon footprint, which contributes 22%
to our Scope 3 emissions. We continuously track emissions
from business travel to keep these at an acceptable level.
This is supported by sharing MIS with respective business
teams at regular intervals. In 2024, we enhanced outreach
with businesses to identify interventions to reduce travel
emissions. We supplemented these efforts by organising
thematic discussions on business travel and creating
collective consciousness towards the need to reduce
emissions.
2019
2022 2023 2024
In two of Crisil’s key locations, electric vehicles (EVs) were
used for airport transfer and ad hoc business travel. This
marks a pioneering step towards responsible business
travel and reducing Scope 3 emissions. Additionally, we have
started tracking and reporting employee commute category,
as a part of Scope 3 emissions, via a survey.
In 2024, we increased the procurement of green energy for
our offices. This contributed to a significant 64% reduction
in Scope 1 & 2 emissions in 2024 over 2019. Our diesel
generators are used as back-up power, which is why we burn
a small amount of fuel on-site contributing to our Scope 1
emissions.
Indirect emissions
Indirect emissions accounting covers the following
predominant categories relevant to our operations:
Purchased goods and services, capital goods, upstream
fuel and energy-related activities, upstream transportation
and distribution, waste generated in operations, business
travel and employee commute. Scope 3 emissions account
for 86% of total emissions. Our efforts towards collecting
actual emissions data from our supply chain to enhance the
accounting for GHG emissions continued in 2024. 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.
Emissions Travel MIS to
business teams
for emissions
tracking
Business
outreach to
identify specific
interventions for
emissions
TRAVEL
EMISSION
INITIATIVES
Expanding
reporting
boundary to
cover employee
commute
Usage
of EV for
business
travel
Units 2024 2023 2022 2019
Scope 1 and 2 GHG emissions MtCO2e 2,284 2,277 4,359 6,309
Scope 3 emissions MtCO2e 13,932 13,006 6,415 10,177
Total GHG emissions (Scope 1, 2 and 3) MtCO2e 16,216 15,283 10,773 16,486
Emissions per employee (Scope 1 and 2) MtCO2e 0.47 0.46 0.92 1.6
Emission per crore of turnover (Scope 1 and 2) MtCO2e 0.70 0.73 1.57 3.64
Refer to the section on Creating Sustainability awareness among employees for more details on employee communication
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