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Sustainability Report 2024
Fugitive emissions:
1. These will include emissions arising from the
intentional/unintentional leakages of:
• refrigerant from air conditioners/chillers and
2. 3. • CO2 gas from CO2 fire extinguishers
The refrigerant and CO2 gas refilling data will be collected
from different locations in customised data collection
templates. In case of absence of actual refrigerant/CO2
refilling data, it will be estimated based on the national
average refilling rate of gases.
The emissions will be calculated using the below
mentioned formula.
Annotation Parameters Source
A GWP of R-Gases, tCO2e / t of
UoM
IPCC AR 6
B GWP of CO2, tCO2e / t of UoM IPCC AR 6
C Total Refrigerant Refilling
Quantity, UoM
Crisil
D Total CO2 Refilling Quantity,
UoM*
Crisil
*  UoM means unit of measure. It will vary from fuel to fuel, e.g. litres
for diesel and petrol, kg for CNG
Total GHG emissions, tCO 2 e = [ (a * c) + (b * d)
Scope 2 GHG emissions will be computed and reported
in alignment with GHG Protocol standards.
Scope 2 emissions:
1. This includes indirect emissions arising from the
generation of purchased electricity consumed by Crisil
Limited within its operational boundary.
2. 3. The electricity consumption data will be collected
from different locations in customised data collection
templates. In case of absence of actual data, estimation
will be done by:
• Allocating the total electricity consumption basis the
share of the operating sq ft area OR
• National building energy benchmarks for different
climatic zones of different countries
The emissions for the electricity purchased and
consumed from the grid will be computed using the
below-mentioned formula.
Annotation Parameters Source
A Grid Emission factor, tCO2e /
MWh
CEA, DEWA
etc
B Total electricity consumed
from Grid, MWH
Crisil
Total GHG Emissions, tCO 2 e = (a * b)
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4. The emissions for the electricity purchased and
consumed from the DG set (owned and operated by
third party) will be computed using the below mentioned
formula
Annotation Parameters Source
A Total cost of the electricity
purchased & consumed from
DG Set, Currency
Crisil
B National Average cost of
Diesel, Currency / Litres
National
Average
Diesel Emission factor,
tCO2e / KL
IPCC 2006
Total GHG Emissions, tCO 2 e = [ (a / b) / 1000 ] * c
Scope 3 GHG Emissions will be computed and
reported in alignment with GHG Protocol standards.
There are indirect emissions associated indirectly
with the activities carried out inside the organisation.
Category 1 – Purchased goods and services
1. This includes upstream emissions associated with the
production of the procured goods and services by Crisil
Limited.
2. 3. 4. 5. 6. The invoice register will be referred to compute the
emissions associated with the procured goods &
services.
Technical Application Resources will be excluded
from the inventorisation process as they operate from
Crisil’s premises, emissions from which are already
accounted in Crisil’s Scope 1 & 2.
For purchased goods and services, an expenditure-
based method will be used.
Emission factors will be sourced from S&P Trucost
database.
The formula mentioned below will be used to compute
GHG emissions from purchased goods and services:
Method Calculation Formula
Spend
based
Method
∑ (value of purchased goods or service (INR) x
emission factor of purchased goods or service
per unit of economic value (kgCO2e / INR)
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