| VII. | Transparency and Disclosures Compliances |
| 26 | Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct |
| Stakeholder group from whom complaint is received | Grievance Redressal Mechanism in Place (Yes/No/NA) | (If Yes, then provide web-link for grievance redress policy) | FY (2023-24) | PY (2022-23) | (If NA, then provide the reason) |
| Number of complaints filed during the year | Number of complaints pending resolution at close of the year | Remarks | Number of complaints filed during the year | Number of complaints pending resolution at close of the year | Remarks |
| Communities | Yes | https://www.
rustomjee.
com/aboutus/
codesand-
policies/ | 0 | 0 | NA | 0 | 0 | NA | |
| Investors (other than shareholders) | Yes | https://www.
rustomjee.
com/aboutus/
codesand-
policies/ | 0 | 0 | NA | 0 | 0 | NA | |
| Shareholders | Yes | https://www.
rustomjee.
com/aboutus/
codesand-
policies/ | 0 | 0 | NA | 0 | 0 | NA | |
| Employees and workers | Yes | https://www.
rustomjee.
com/aboutus/
codesand-
policies/ | 0 | 0 | NA | 0 | 0 | NA | |
| Customers | Yes | https://www.
rustomjee.
com/aboutus/
codesand-
policies/ | 0 | 0 | NA | 0 | 0 | NA | |
| Value Chain Partners | Yes | https://www.
rustomjee.
com/aboutus/
codesand-
policies/ | 0 | 0 | NA | 0 | 0 | NA | |
|
| 27 | Overview of the entity’s material responsible business conduct issues | | Overview of the entity’s material responsible business conduct issues | | Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or mitigate the risk along-with its financial implications, as per the following format | | Sr. No. | Material issue identified | Indicate whether risk or opportunity (R/O) | Rationale for identifying the risk / opportunity | In case of risk, approach to adapt or mitigate | Financial implications of the risk or opportunity (Indicate positive or negative implications) | | 1 | Environmental norms/
legislations | R | New laws related to environment (specifically climate related), CSR activities are being created and
enforced. Adherence to these new laws poses challenge | Our EHS team understands the
regulatory requirements to be
complied with for the different legal
requirements. They also seek help from the Compliance team to understand any specific compliance requirements that may be applicable. These areas are covered under the internal audit program from a compliance point of view as well. As part of sustainability
reporting, independent assessments conducted (by external consultants/
experts) also help in addressing gaps if any in this area. | Negative Implications | | 2 | Regulatory Compliance | R | Failure to comply with regulatory requirements can
manifest in financial and reputational consequences for an organisation and erode
stakeholder trust. | The Company has a robust set of environmental, social and governancerelated policies to foster a culture of compliance within the organisation.
Disciplinary measures and
reinforcement mechanisms have been defined as well. The ESG organogram further highlights the importance of
overall compliance by positioning the CS in a key role, ensuring overall
corporate governance in all three verticals (ESG). In addition, Legal and functional teams also monitor the regulatory compliances across
businesses at defined frequencies. | Negative Implications | | 3 | Community Development | O | Community development activities helps a company
to create a positive impact on society by undertaking
meaningful interventions to bring significant benefits to
large sections of the society. The CSR efforts also help foster a more productive and positive work environment for
employees. | The Rustomjee Foundation has been striving to create sustainable opportunities for the marginalized communities by facilitating quality
education, sustainable livelihood development, promoting a healthy
society and supporting rural
infrastructure development. The outreach as of now has been to 741 Students, villages in Maharashtra.
With an aim to contribute to the holistic development of communities, Rustomjee Foundation is contributing
to the global agenda of meeting Sustainable Development Goals
(SDGs) related to eradicating poverty and providing education to the
underprivileged strata of society. | Positive Implications | | 4 | Modernization, Innovation
and Resource Optimization | O | The world is changing
constantly and to remain relevant and profitable, it is an essential need to
adapt and develop new advancements for meeting new realities. The same applies to construction industry during and post
construction. | Innovation advancements are at centre stage, which supports enhancing
operational efficiency, and reducing overall environmental impacts. The
company has invested in technologies and made changes to its processes
to reduce resource consumption not only during the construction phase but also as a sustainable impact to its customers. Energy efficiency through passive and active measures, reduced
water consumption, effective waste management, use of sustainable and green products in the buildings are
some of the initiatives taken and being enhanced for future projects. As a result two of our larger projects have achieved a silver rating from IGBC's
new building rating systems and most of our upcoming and ongoing projects are slated to be certified under IGBC's
new building rating systems. We are also in the process of initiating one of our key projects as a net zero energy,
waste and water project. | Positive Implications | | 5 | Scarcity of Water | R | Water is a shared resource, making it important for
businesses to use it responsibly. Ensuring responsible consumption is key to the business’ social
license to operate and a sustainable planet for all. Water being an important resource in construction industry its scarcity may lead
to disruptions in operations and delay timelines of project
completion | Mumbai and its suburban areas/ adjoining districts receive good rainfall
every year and ground water table is recharged. The turbidity of water and the sulphate and iron content in
water used for construction may pose a threat to quality of construction (corrosion etc). The cost of treatment of GW, procuring water and nonsupply
of municipal water will become a high-risk event in the future. KRL and its subsidiaries continues to
adopt water conservation strategies across all of the existing project sites
and also supplement internal water generation by procuring water from outside agencies. Rainwater harvesting system has been implemented at few
facilities which helps in increasing the ground level water. This results in
release of sub soil water from recharge pits, and this reduces the dependency
on external agencies. The Company has instituted an EHS Policy that highlights the importance of Resource
Conservation, this serves as a guiding principle to reduce consumption of water and other resources. The EHS
team runs awareness campaigns to ensure that all personnel are aware of the risk related to water shortage. | Negative Implications | | 6 | Human Rights such as child
labor, forced/ compulsory
labor, health and safety,
discrimination and freedom
of association and collective
bargaining including antiharassment | R | Upholding human rights is essential to protecting
organization’s communities,
employees and other
stakeholders. | The Company has constituted a standing forum, both at the Group Level as well as at individual entity level, that
aids and advises the management in its approach towards building sustainable
Human Rights. Group HR is responsible to ensure that any issue or impact related to human rights are addressed
in the defined manner within the stipulated timeline. The Company has a robust contractor management
system which ensures human rights practices are adhered to (as per ILO) by the contractors supplying manpower to the Company. We have very
stringent norms for child labor, antidiscrimination,
forced labor or bonded
labor, anti- harassment, workers health and safety and other human rights issues at all project sites. | Negative Implications | | 7 | Economic Performance | O | Ensuring business profitability and strong
economic performance
helps deliver value to investors and reinvest in the growth of the business, employees, communities and other stakeholders. | The Company thrives to deliver strong economic performance through our operational practices and risk mitigation strategies that supports the
nation building and create a value for all the stakeholders. | Positive Implications | | 8 | Climate change resulting in
acute and chronic physical
conditions | R | Severe weather events are a risk to our operations and asset management along
with internal as well as
external stakeholders. Climate risk is material
to customers, investors,
and employees too. Responding to these concerns has become central to stakeholder understanding of
climate-related risk to the company. Climate change can
impact our operations due to extreme weather conditions
like cyclones, floods, droughts and heat waves, to name a few events that have the potential to create severe disruptions. | The Company is in the process of implementing various initiatives across projects sites/facilities to control our scope 1 and 2 GHG emissions mainly due to energy consumption & Waste generation. The company is in the process of also calculating our scope 3 emissions in 3 major categories applicable to our business in FY24-25. We also plan to work closely with our critical suppliers to understand their strategies to comply with and move beyond on their material ESG issues. Hazard Identification and Risk assessment with regards to severe weather conditions have been identified and action (emergency response) plans to mitigate their effects are in place. Exposure of workers to extreme weather conditions has been identified and control measures put in place. | Negative Implications | | 9 | Waste Management | R | Improper disposal of waste will lead to non-adherence of compliance and result in GHG emission. Waste Management is critical to ensure judicious use of resources and disposal under controlled conditions. We would like to follow the 3R principle of waste management at all our project sites and are in the process of setting goals to achieve the same. | Improper disposal of waste will lead to non-adherence of compliance and result in GHG emission. Waste Management is critical to ensure judicious use of resources and disposal under controlled conditions. We would like to follow the 3R principle of waste management at all our project sites and are in the process of setting goals to achieve the same. | Negative Implications | | 10 | Occupational health and safety | R | Failure to ensure the health, safety and well-being of the company employees and contractor workforce can impact productivity. This can consequently affect our business operations, customer satisfaction and profitability. | The Company strives to foster a safe working environment and ensure Zero Harm. Hazards and risks are periodically identified, with mitigation plans devised for each. Additionally, safety trainings are provided to employees and workers (labour force) on regular basis to ensure their holistic well-being. Safety and Health of labour workers is critical and our Contractor management system ensures the requirements are adhered to. | Negative Implications | | 11 | Cybersecurity and data privacy | R | Protecting customer (personal) and company information is of utmost concern to us. This ensure trust in the company and misappropriation of data. | We have an information security and incident management policy in place. Awareness on the policy was cascaded to all employees within the company for compliance in FY23-24 and will be ontinued in the coming Financial years. Presently we have access control review mechanisms that are also
enabled by segregation of duties. This ensures protection of all information systems. Moving forward we are working on masking personal sensitive information as would be outlined in the data protection bill in the future. | Negative Implications |
|
SECTION B: MANAGEMENT AND PROCESS DISCLOSURES |
| Disclosure Questions | P1 | P2 | P3 | P4 | P5 | P6 | P7 | P8 | P9 |
| Policy and management processes |
| 1. a. Whether your entity’s policy/policies cover each principle and its core elements of the NGRBCs. (Yes/No/NA) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| | | | | | | | |
| b. Has the policy been approved by the Board? (Yes/No/NA) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| | | | | | | | |
| c. Web Link of the Policies, if available | https://www.rustomjee.com/about-us/codes-and-policies/ | NA | NA | NA | NA | NA | NA | NA | NA |
| 2. Whether the entity has translated the policy into procedures. (Yes / No/ NA) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| | | | | | | | |
| 3. Do the enlisted policies extend to your value chain partners? (Yes/No/NA) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| | | | | | | | |
| 4. Name of the national and international codes/certifications/labels/ standards (e.g. Forest Stewardship Council, Fairtrade, Rainforest Alliance, Trustee) standards (e.g. SA 8000, OHSAS, ISO, BIS) adopted by your entity and mapped to each principle. | NO | NO
| ISO 45,000 ISO 26,000 | GRI | ISO 26000, SA 8000 | ISO 14001 | NO | ISO 9001, ISO 27001 | NO |
| 5. Specific commitments, goals and targets set by the entity with defined timelines, if any. | Zero tolerance to bribery or corruption | We are in the process of finalizing our ESG goals and KPIs with the leadership team. This is a crucial
step in establishing our sustainability framework. We will share the details of our ESG goals and KPIs
once they are finalized. | Achieve zero lost time accidents (LTA) | Internal stakeholder engagement of 100% (on roll and off roll employees) | Zero tolerance to harassment and zero human rights violations | Eliminate the use of single use plastic across operations | We are in the process of finalizing our ESG goals and KPIs with the leadership team. This is a crucial
step in establishing our sustainability framework. We will share the details of our ESG goals and KPIs
once they are finalized. | We are in the process of finalizing our ESG goals and KPIs with the leadership team. This is a crucial
step in establishing our sustainability framework. We will share the details of our ESG goals and KPIs
once they are finalized. | Provide sustainable living solution to customers |
| 6. Performance of the entity against the specific commitments, goals and targets along-with reasons in case the same are not met. | We have achieved zero cases of bribery or corruption | We are in the process of finalising the supplier code of conduct. | We have achieved zero lost time accidents (LTA) at all our sites and offices | We conducted materiality assessment and ESAT survey covering 100% of employees | We have achieved zero harassment cases recorded and zero human rights violations | Although there were no formal commitments, we have achieved 70% ban on single use plastic
at project sites and offices. We are in the process of designing and executing our first sustainable
project focusing on energy, waste and water | We are in the process of finalizing our ESG goals and KPIs with the leadership team. This is a crucial
step in establishing our sustainability framework. We will share the details of our ESG goals and KPIs
once they are finalized. | We are in the process of finalizing our ESG goals and KPIs with the leadership team. This is a crucial
step in establishing our sustainability framework. We will share the details of our ESG goals and KPIs
once they are finalized. | We are in the process of executing our first net zero project |
SECTION C: PRINCIPLE WISE PERFORMANCE DISCLOSURE |
| This section is aimed at helping entities demonstrate their performance in integrating the Principles and Core Elements with key processes and decisions. The information sought is categorized as “Essential” and “Leadership”. While the essential indicators are expected to be disclosed by every entity that is mandated to file this report, the leadership indicators may be voluntarily disclosed by entities which aspire to progress to a higher level in their quest to be socially, environmentally and ethically responsible. |
| PRINCIPLE 1 Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable. |
| Essential Indicators |
| 1. Percentage coverage by training and awareness programmes on any of the Principles during the financial year: |
| Segment | Total number of training and awareness programmes held | Topics/principles covered under the training and its impact | %age of persons in respective category covered by the awareness programmes |
| Board of Directors | 4 | POSH, Whistle Blower, Code of conduct, RPT, Conflict Resolution | 100.00% |
| Key Managerial Personnel | 4 | POSH, Whistle Blower, Code of conduct, RPT, Conflict Resolution | 100.00% |
| Employees other than BoD and KMPs | 50 | POSH, Whistle Blower, Code of conduct, RPT, Conflict Resolution | 68.68% |
| Workers | 0 | NA | 0.00% |
| 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, in the following format (Note: the entity shall make disclosures on the basis of materiality as specified in Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015 and as disclosed on the entity’s website): |
| Monetary |
| Penalty/ Fine | | Details of penalty or fine | | Sr. No. | NGRBC Principle | Name of the regulatory/ enforcement agencies/ judicial institutions | Amount (In INR) | Brief of the Case | Has an appeal been preferred? (Yes/No) | | 1 | NIL | NIL | 0.00 | NA | No |
|
| Settlement | | Details of settlement | | Sr. No. | NGRBC Principle | Name of the regulatory/ enforcement agencies/ judicial institutions | Amount (In INR) | Brief of the Case | Has an appeal been preferred? (Yes/No) | | 1 | NIL | NIL | 0.00 | NA | No |
|
| Compounding fee | | Details of compounding fee | | Sr. No. | NGRBC Principle | Name of the regulatory/ enforcement agencies/ judicial institutions | Amount (In INR) | Brief of the Case | Has an appeal been preferred? | | 1 | NIL | NIL | 0.00 | NA | No |
|
| Non- Monetary |
| Imprisonment | | Details of imprisonment | | Sr. No. | NGRBC Principle | Name of the regulatory/ enforcement agencies/ judicial institutions | Brief of the Case | Has an appeal been preferred? (Yes/No) | | 1 | NIL | NIL | NA | No |
|
| Punishment | | Punishment | | Sr. No. | NGRBC Principle | Name of the regulatory/ enforcement agencies/ judicial institutions | Brief of the Case | Has an appeal been preferred? (Yes/No) | | 1 | NIL | NIL | NA | No |
|
| 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 | | Details Of The Appeal Or Revision Preferred In Cases Where Monetary Or Non Monetary Action Has Been Appealed | | Sr. No. | Case Details | Name of the regulatory/ enforcement agencies/ judicial institutions | | 1 | NA | NA |
|
| 4. Does the entity have anti-corruption or anti-bribery policy? | Yes | |
| If Yes, provide details in brief | https://www.rustomjee.com/about-us/codes-and-policies/#investor-pdf-1 |
| Provide a web-link if the entity has anti-corruption or anti-bribery policy | https://www.rustomjee.com/about-us/codes-and-policies/#investor-pdf-1 |
| 5. Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law enforcement agency for the charges of bribery/ corruption: |
| FY (2023-24) | PY (2022-23) |
| Directors | 0 | 0 |
| KMPs | 0 | 0 |
| Employees | 0 | 0 |
| Workers | 0 | 0 |
| 6. Details of complaints with regard to conflict of interest: |
| FY (2023-24) | PY (2022-23) |
| Number | Remarks | Number | Remarks |
| Number of complaints received in relation to issues of Conflict of Interest of the Directors | 0 | NA | 0 | NA |
| Number of complaints received in relation to issues of Conflict of Interest of the KMPs | 0 | NA | 0 | NA |
| 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. | We are pleased to report that all processes functioned as intended, and no corrective actions were required during this period. |
| 8. Number of days of accounts payables |
| FY (2023-24) | PY (2022-23) |
| i) Accounts payable x 365 days | 291.91 | 174.75 |
| ii) Cost of goods/services procured | 0.00 | 0.00 |
| iii) Number of days of accounts payables | 0 | 0 |
| 9. Open-ness of business - Provide details of concentration of purchases and sales with trading houses, dealers, and related parties along-with loans and advances & investments, with related parties, in the following format |
| Parameter | Metrics | FY (2023-24) | PY (2022-23) |
| Concentration of Purchases | a. i) Purchases from trading houses | 0.00 | 0.00 |
| ii) Total purchases | 17.39 | 20.09 |
| iii) Purchases from trading houses as % of total purchases | 0.00% | 0.00% |
| b. Number of trading houses where purchases are made | 319 | 325 |
| c. i) Purchases from top 10 trading houses | 0.00 | 0.00 |
| ii) Total purchases from trading houses | 63.76 | 67.85 |
| iii) Purchases from top 10 trading houses as % of total purchases from trading houses | 0.00% | 0.00% |
| Parameter | Metrics | FY (2023-24) | PY (2022-23) |
| Concentration of Sales | a. i) Sales to dealer / distributors | 0.00 | 0.00 |
| ii) Total Sales | 0.00 | 0.00 |
| iii) Sales to dealer / distributors as % of total sales | | |
| b. Number of dealers / distributors to whom sales are made | 0 | 0 |
| c. i) Sales to top 10 dealers / distributors | 0.00 | 0.00 |
| ii) Total Sales to dealer / distributors | 0.00 | 0.00 |
| iii) Sales to top 10 dealers / distributors as % of total sales to dealer / distributors | | |
| Parameter | Metrics | FY (2023-24) | PY (2022-23) |
| Share of RPTs in | a. i) Purchases (Purchases with related parties) | 0.00 | 0.00 |
| ii) Total Purchases | 0.58 | 0.00 |
| iii) Purchases (Purchases with related parties as % of Total Purchases) | 0.00% | |
| b. i) . Sales (Sales to related parties) | 0.00 | 0.00 |
| ii) Total Sales | 0.29 | 1.10 |
| iii) Sales (Sales to related parties as % of Total Sales) | 0.00% | 0.00% |
| c. i) Loans & advances given to related parties | 52.33 | 0.36 |
| ii) Total loans & advances | 0.00 | 0.00 |
| iii) Loans & advances given to related parties as % of Total loans & advances | | |
| d. i) Investments in related parties | 27.51 | 52.55 |
| ii) Total Investments made | 0.00% | 0.00 |
| iii) Investments in related parties as % of Total Investments made | | |
| Leadership Indicators |
| 1. Awareness programmes conducted for value chain partners on any of the Principles during the financial year | | Awareness programmes conducted for value chain partners on any of the Principles during the financial year | | Sr. No. | Total number of awareness programmes held | Topics / principles covered under the training | Percentage of value chain partners covered (by value of business done with such partners) under the awareness programmes | | 1 | 0 | Planned for FY 2024-25 | 0.00% |
|
| 2. Does the entity have processes in place to avoid/ manage conflict of interests involving members of the Board? | Yes | |
| If Yes, provide details of the same. | KRL prioritizes ethical conduct. We have clear policies and procedures to manage potential conflicts of interest arising from related-party transactions with Board members. This includes annual declarations, prior approval requirements, and abstention from discussions where a common directorship exists, fostering a culture of transparency and sound decision-making. | |
| Notes | KRL has channel partners (brokers) who enable us to sell our properties with a commission. We do not sell our properties
to any channel partners (brokers) | |
PRINCIPLE 2 Businesses should provide goods and services in a manner that is sustainable and safe |
| Essential Indicators |
| 1. Percentage of R&D and capital expenditure (capex) investments in specific technologies to improve the environmental and social impacts of product and processes to total R&D and capex investments made by the entity, respectively. |
| FY (2023-24) | PY (2022-23) | Details of improvements in environmental and social impacts |
| R&D | 0.00% | 0.00% | NA |
| Capex | 3.87% | 0.00% | NA |
| 2. a. Does the entity have procedures in place for sustainable sourcing? (Yes/No) | No |
| b. If yes, what percentage of inputs were sourced sustainably? | |
| 3. Describe the processes in place to safely reclaim your products for reusing, recycling and disposing at the end of life, for |
| (a) Plastics (including packaging) | We prioritize responsible waste management by sorting non-biodegradable plastics within our facilities and directing them to designated vendors for recycling or reuse. |
| (b) E-waste | To ensure responsible e-waste management, all electronic devices reaching the end of their life cycle within our company premises are recycled by certified vendors approved by the State Pollution Control Board within 180 days, complying with e-waste management regulations. |
| (c) Hazardous waste | All hazardous waste is generated by contractors at our projects. In order to ensure responsible and compliant hazardous waste management, we have a contract agreement with our contractors to utilize State Pollution Control Board (SPCB)-authorized vendors for the disposal of all hazardous waste. |
| (d) other waste | Our labor camps prioritize responsible waste management practices through a partnership with the Brihanmumbai Municipal Corporation (BMC). BMC diverts biodegradable food waste for composting or processing into manure, minimizing landfill dependence and promoting resource recovery. Construction debris is managed according to BMC regulations. This may involve selective demolition practices to minimize waste generation and ensure proper
disposal at designated landfills. |
| 4. Whether Extended Producer Responsibility (EPR) is applicable to the entity’s activities (Yes / No). | No |
| If yes, whether the waste collection plan is in line with the Extended Producer Responsibility (EPR) plan submitted to Pollution Control Boards? | |
| If not, provide steps taken to address the same. | |
| Leadership Indicators |
| 1. Has the entity conducted Life Cycle Perspective / Assessments (LCA) for any of its products (for manufacturing industry) or for its services (for service industry)? | No | |
| 2. If there are any significant social or environmental concerns and/or risks arising from production or disposal of your products / services, as identified in the Life Cycle Perspective / Assessments (LCA) or through any other means, briefly describe the same along-with action taken to mitigate the same. | | Action taken to mitigate significant social or environmental concerns and/or risks arising from production or disposal of products / services | | Sr. No. | Name of Product/Service | Description of the risk/concern | Action Taken | | 1 | Not Applicable | Not Applicable | Not Applicable |
|
| 3. Percentage of recycled or reused input material to total material (by value) used in production (for manufacturing industry) or providing services (for service industry). | | Percentage of recycled or reused input material to total material (by value) used in production or providing services | |
| Sr. No. | Indicate input material | Recycled or re-used input material to total material | | FY (2023-24) | PY (2022-23) | | 1 | Steel | 100.00% | 100.00% | | 2 | Cement | 15.00% | 15.00% | | 3 | AAC Block | 70.00% | 70.00% |
|
| 4. Of the products and packaging reclaimed at end of life of products, amount (in metric tonnes) reused, recycled, and safely disposed, as per the following format: |
| FY (2023-24) | PY (2022-23) |
| Re-Used | Recycled | Safely
Disposed | Re-Used | Recycled | Safely
Disposed |
| Plastics (including packaging) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| E waste | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Hazardous waste | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|
| 5. Reclaimed products and their packaging materials (as percentage of products sold) for each product category | | Reclaimed products and their packaging materials (as percentage of products sold) for each product category | | Sr. No. | Indicate product category | Reclaimed products and their packaging materials as Percentage of total products sold in respective category | | 1 | Not Applicable | 0.00% |
|
| Notes | |
PRINCIPLE 3 Businesses should respect and promote the well-being of all employees, including those in their value chains |
| Essential Indicators |
| 1. a. Details of measures for the well-being of employees: |
| Category | % of employees covered by |
| Total (A) | Health insurance | Accident insurance | Maternity benefits | Paternity Benefits | Day Care facilities |
| Number (B) | % (B / A) | Number (C) | % (C / A) | Number (D) | % (D / A) | Number (E) | % (E / A) | Number (F) | % (F / A) |
| Permanent employees |
| Male | 693 | 693 | 100.00% | 693 | 100.00% | | | 0 | 0.00% | 0 | 0.00% |
| Female | 184 | 0 | 0.00% | 184 | 100.00% | 184 | 100.00% | | | 0 | 0.00% |
| Other | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% |
| Total | 877 | 693 | 79.02% | 877 | 100.00% | 184 | 20.98% | 0 | 0.00% | 0 | 0.00% |
| Other than permanent employees |
| Male | 455 | 455 | 100.00% | 455 | 100.00% | | | 0 | 0.00% | 0 | 0.00% |
| Female | 92 | 92 | 100.00% | 92 | 100.00% | 92 | 100.00% | | | 0 | 0.00% |
| Other | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% |
| Total | 547 | 547 | 100.00% | 547 | 100.00% | 92 | 16.82% | 0 | 0.00% | 0 | 0.00% |
| b. Details of measures for the well-being of workers: |
| Category | % of workers covered by |
| Total (A) | Health insurance | Accident insurance | Maternity benefits | Paternity Benefits | Day Care facilities |
| Number (B) | % (B / A) | Number (C) | % (C / A) | Number (D) | % (D / A) | Number (E) | % (E / A) | Number (F) | % (F / A) |
| Permanent workers |
| Male | 0 | 0 | 0.00% | 0 | 0.00% | | | 0 | 0.00% | 0 | 0.00% |
| Female | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | | | 0 | 0.00% |
| Other | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% |
| Total | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% |
| Other than permanent workers |
| Male | 0 | 0 | 0.00% | 0 | 0.00% | | | 0 | 0.00% | 0 | 0.00% |
| Female | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | | | 0 | 0.00% |
| Other | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% |
| Total | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% | 0 | 0.00% |
| C. Spending on measures towards well-being of employees and workers (including permanent and other than permanent) in the following format: |
| FY (2023-24) | PY (2022-23) |
| i) Cost incurred on wellbeing measures
(well-being measures means well-being of employees and workers (including male, female, permanent and other than permanent employees and workers) | 0.08 | 0.20 |
| ii) Total revenue of the company | 0.00 | 0.00 |
| iii) Cost incurred on wellbeing measures as a % of total revenue of the company | | |
| 2. Details of retirement benefits |
| Benefits | FY (2023-24) | PY (2022-23) |
| No.of employees covered as a % of total employees | No.of workers covered as a % of total workers | Deducted and deposited with the authority (Y/N/N.A.) | No.of employees covered as a % of total employees | No.of workers covered as a % of total workers | Deducted and deposited with the authority (Y/N/N.A.) |
| PF | 100.00% | 0.00% | Yes | 0.00% | 0.00% | NA |
| Gratuity | 100.00% | 0.00% | Yes | 0.00% | 0.00% | NA |
| ESI | 100.00% | 0.00% | Yes | 0.00% | 0.00% | NA |
|
| 3. Accessibility of workplaces |
| Are the premises / offices of the entity accessible to differently abled employees and workers, as per the requirements of the Rights of Persons with Disabilities Act, 2016? | Yes | |
| If not, whether any steps are being taken by the entity in this regard. | | |
| 4. Does the entity have an equal opportunity policy as per the Rights of Persons with Disabilities Act, 2016? | Yes | |
| If so, provide a web-link to the policy. | https://www.rustomjee.com/about-us/codes-and-policies/ |
| 5. Return to work and Retention rates of permanent employees and workers that took parental leave. |
| Gender | Permanent employees | Permanent workers |
| Return to work rate | Retention rate | Return to work rate | Retention rate |
| Male | 0 | 0 | 0.00 | 0.00 |
| Female | 75.00 | 100.00 | 0.00 | 0.00 |
| Other | 0.00 | 0.00 | 0.00 | 0.00 |
| Total | 75.00 | 100.00 | 0.00 | 0.00 |
| 6. Is there a mechanism available to receive and redress grievances for the following categories of employees and worker? | Yes |
| If yes, give details of the mechanism in brief. | Yes/No
| (If Yes, then give details of the mechanism in brief) |
| Permanent Workers | No | |
| Other than Permanent Workers | No | |
| Permanent Employees | Yes | To ensure a fair and respectful work environment, we offer a documented grievance redressal policy accessible to all employees and On-the-Job Trainees (OTEs) through our employee handbook. |
| Other than Permanent Employees | Yes | To ensure a fair and respectful work environment, we offer a documented grievance redressal policy accessible to all employees and On-the-Job Trainees (OTEs) through our employee handbook. |
| 7. Membership of employees and worker in association(s) or Unions recognised by the listed entity: |
| Category | FY (2023-24) | PY (2022-23) |
| Total employees/workers in respective category (A) | No.of employees / workers in respective category, who are part of association(s) or Union (B) | % (B / A) | Total employees / workers in respective category (C) | No.of employees /workers in respective category,who are part of association(s) or Union (D) | % (D / C) |
| Total Permanent Employees | 877 | 0 | 0.00% | 759 | 0 | 0.00% |
| Male | 693 | 0 | 0.00% | 590 | 0 | 0.00% |
| Female | 184 | 0 | 0.00% | 169 | 0 | 0.00% |
| Other | 0 | 0 | 0.00% | 0 | 0 | #REF! |
| Total Permanent Workers | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| Male | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| Female | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| Other | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| 8. Details of training given to employees and workers: |
| Category | FY (2023-24) | PY (2022-23) |
| Total (A) | On Health
and safety measures | On Skill upgradation | Total (D) | On Health and safety measures | On Skill upgradation |
| No.
(B) | % (B
/ A) | No.
(C) | % (C /
A) | No.
(E) | % (E / D) | No. (F) | % (F / D) |
| Employees |
| Male | 1148 | 326 | 28.40% | 762 | 66.38% | 920 | 150 | 16.30% | 170 | 18.48% |
| Female | 276 | 34 | 12.32% | 216 | 78.26% | 239 | 25 | 10.46% | 40 | 16.74% |
| Other | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0 | 0.00% | 0 | 0.00% |
| Total | 1424 | 360 | 25.28% | 978 | 68.68% | 1159 | 175 | 15.10% | 210 | 18.12% |
| Workers |
| Male | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0 | 0.00% | 0 | 0.00% |
| Female | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0 | 0.00% | 0 | 0.00% |
| Other | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0 | 0.00% | 0 | 0.00% |
| Total | 0 | 0 | 0.00% | 0 | 0.00% | 0 | 0 | 0.00% | 0 | 0.00% |
| 9. Details of performance and career development reviews of employees and worker: |
| Category | FY (2023-24) | PY (2022-23) |
| Total (A) | No.
(B) | % (B
/ A) | Total (D) | No.
(E) | % (E / D) |
| Employees |
| Male | 1148 | 1148 | 100.00% | 920 | 920 | 100.00% |
| Female | 276 | 276 | 100.00% | 239 | 239 | 100.00% |
| Other | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| Total | 1424 | 1424 | 100.00% | 1159 | 1159 | 100.00% |
| Workers |
| Male | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| Female | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| Other | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| Total | 0 | 0 | 0.00% | 0 | 0 | 0.00% |
| 10. Health and safety management system: |
| a.Whether an occupational health and safety management system has been implemented by the entity? (Yes/ No/ NA). | Yes | |
| If yes, the coverage such system? | Yes, KRL has fully implemented occupational health, safety wellbeing and environmental requirements both in letter and spirit. We have established an EHS policy that applies to our head office and all project sites. This policy outlines our philosophy and commitment to managing key aspects of health, safety, and environment (HSE). Regular inspections of critical and hazardous processes are conducted to ensure adherence to these standards. | |
| b. What are the processes used to identify work-related hazards and assess risks on a routine and non-routine basis by the entity? | We have established a comprehensive process for Hazard Identification & Risk Assessment. All hazards and risks arising from facility operations are identified and evaluated based on two parameters: frequency and duration, and severity and likelihood. Detailed risk assessments have been conducted for all operations at project sites, with appropriate control measures implemented to mitigate identified risks and hazards. The detailed process and procedure for hazard identification and risk assessment are documented in our safety manual, which is available at all sites. | |
| c. Whether you have processes for workers to report the work related hazards and to remove themselves from such risks? | Yes | |
| d. Do the employees/ worker of the entity have access to non-occupational medical and healthcare services? | Yes | |
| 11. Details of safety related incidents, in the following format: |
| Safety Incident/Number | Category* | FY (2023-24) | PY (2022-23) |
| Lost Time Injury Frequency Rate (LTIFR) (per one million-person hours worked) | Employees | 0.00 | 0.00 |
| Workers | 0.25 | 0.01 |
| Total recordable work-related injuries | Employees | 0 | 0 |
| Workers | 20 | 2 |
| No. of fatalities | Employees | 0 | 0 |
| Workers | 0 | 0 |
| High consequence work related injury or ill-health (excluding fatalities) | Employees | 0 | 0 |
| Workers | 0 | 1 |
| 12. Describe the measures taken by the entity to ensure a safe and healthy work place. | At KRL, the safety and well-being of our team, the communities we partner with, and the clients we serve is paramount. We are committed to upholding the highest standards of health, safety, and environment (HSE) across all our projects.
Comprehensive HSE Framework:
OHS Framework Integration: We adhere to the Occupational Health and Safety (OHS) Framework principles in their
entirety at every project site.
EHS Policy Coverage: Our overarching EHS Policy encompasses all our locations and personnel, including permanent
employees, contractual workers, and vendors.
Regulatory Compliance: We meticulously comply with all relevant health and safety regulations as mandated by the
BOCWA requirements.
Proactive Risk Management:
KRL implements a robust occupational health and safety key matrix. This matrix ensures regular monitoring of several
crucial aspects:
OHS compliance
Near-miss recordings
Incident recordings
Lost time injury recordings
Emergency preparedness
Operational control monitoring and measurement
Training and awareness programs
Investing in a Culture of Safety:
This year, our project sites independently conducted a wide range of programs on various construction safety topics.
These programs aim to:
Train our workforce in comprehensive well-being practices
Promote healthy behaviors and safety awareness
Prevent and mitigate potential health and safety risks
The scope of these initiatives conducted at project sites were significant as stated below:
479 Health and Safety awareness trainings were delivered.
5846 toolbox talks and safety briefings were conducted.
12425 workers received health and safety inductions.
5587 workers were covered by safety briefings.
Continuous Improvement Through Inspections:
Our dedicated safety team regularly conducts inspections at all project sites. Last year alone, 115 inspections were carried out to identify and address any potential hazards proactively. The results of inspections/assessments are taken seriously and actions taken to correct and prevent recurrence of adverse situations. |
| 13. Number of Complaints on the following made by employees and workers: |
| FY (2023-24) | PY (2022-23) |
| Filed during the year | Pending resolution at the end of year | Remarks | Filed during the year | Pending resolution at the end of year | Remarks |
| Working Conditions | 0 | 0 | No complaints filed during the FY 2023- 2024 no | 0 | 0 | No complaints filed during the FY 2022- 2023 |
| Health & Safety | 1 | 0 | Drinking watercomplaints was raised by labors at one of the sites and the same was resolved immediately. | 0 | 0 | No complaints filed during the FY 2022- 2023 |
| 14. Assessments for the year: |
| % of your plants and offices that were assessed (by entity or statutory authorities or third parties) |
| Health and safety practices | 100.00% |
| Working Conditions | 100.00% |
| 15. Provide details of any corrective action taken or underway to address safety-related incidents (if any) and on significant risks / concerns arising from assessments of health & safety practices and working conditions. | We are pleased to report that all processes functioned as intended, and no corrective actions were required during this period. |
| Leadership Indicators |
| 1. Does the entity extend any life insurance or any compensatory package in the event of death of |
| (A) Employees (Y/N) | Yes |
| (B) Workers (Y/N). | No |
| 2. Provide the measures undertaken by the entity to ensure that statutory dues have been deducted and deposited by the value chain partners. | The labor compliance team ensures that all statutory dues are deducted and deposited in accordance with legal
requirements. Our contracts with labor agencies explicitly state that these obligations must be adhered to by our
labor contractors. |
| 3. Provide the number of employees / workers having suffered high consequence work related injury / ill-health / fatalities (as reported in Q11 of Essential Indicators above), who have been are rehabilitated and placed in suitable employment or whose family members have been placed in suitable employment: |
| Total no. of affected employees/ workers | No. of employees/workers that are rehabilitated and placed in suitable employment or whose family members have been placed in suitable employment |
| FY (2023-24) | PY (2022-23) | FY (2023-24) | PY (2022-23) |
| Employees | 0 | 0 | 0 | 0 |
| Workers | 0 | 0 | 0 | 0 |
| 4. Does the entity provide transition assistance programs to facilitate continued employability and the management of career endings resulting from retirement or termination of employment? (Yes/ No/ NA) | Yes | |
| 5. Details on assessment of value chain partners: |
| % of value chain partners (by value of business done with such partners) that were assessed |
| Health and safety practices | 5.96% |
| Working Conditions | 5.96% |
| 6. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from assessments of health and safety practices and working conditions of value chain partners. | NA |
| Notes | NA |
| 8. Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment cases. | At KRL, we are committed to the highest standards of professionalism, integrity, and ethical business practices. This commitment extends to creating a fair and respectful work environment for all employees.
Core Values:
- Fairness and Transparency: We strive for fairness and transparency in all our actions, as reflected in our company policies.
- Mutual Trust and Equality: We believe in fostering a culture of mutual trust and equality, where everyone feels
respected and valued.
- Equal Opportunities and Non-Discrimination: We strongly uphold the right to work in a professional environment
with equal opportunities and a complete absence of discriminatory practices, including harassment of any kind.
Strong Support Systems:
To ensure a safe and inclusive workplace, we have implemented robust support systems:
- Grievance Redressal Mechanism: A well-defined process allows employees to address any concerns effectively.
- Prevention of Sexual Harassment Policy (POSH): This policy prohibits sexual harassment and outlines clear
reporting procedures.
- Whistleblower Policy: This policy empowers employees to report unethical behavior directly to top management
without fear of retaliation. Any attempt to retaliate against someone who raises a concern is subject to
disciplinary action. |
| 9. Do human rights requirements form part of your business agreements and contracts? (Yes/No/NA) | Yes | |
| 10. Assessments for the year: |
| % of your plants and offices that were assessed (by entity or statutory authorities or third parties) |
| Child labour | 100.00% |
| Forced/involuntary labour | 100.00% |
| Sexual harassment | 100.00% |
| Discrimination at workplace | 100.00% |
| Wages | 100.00% |
|
| 11. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from the assessments at Question 10 above. | We are pleased to report that all processes functioned as intended, and no corrective actions were required during this period. |
| Leadership Indicators |
| 1. Details of a business process being modified / introduced as a result of addressing human rights grievances/complaints. | We are pleased to report that all processes functioned as intended, and no process modifications were required during this period. |
| 2. Details of the scope and coverage of any Human rights due-diligence conducted | This year we have prepared our Human Rights Policy. Our Human Rights Policy aims to promote and safeguard human rights throughout our organization, business operations, and supply chain. We are dedicated to upholding fundamental human rights principles, ensuring equitable treatment, dignity, and equality for everyone connected with our company including our employees, contractors, customers and stakeholders. This policy reflects our commitment to fostering a positive and inclusive work environment while upholding human rights as outlined by laws and conventions.
At KRL and all its subsidiaries (Rustomjee), we hold a steadfast belief in the inherent dignity and rights of every individual, demanding respect and preservation. Our dedication to promoting human rights permeates every facet of our business operations and supply chain. We are resolute in creating a workplace devoid of discrimination, harassment, and any transgressions against human rights, extending this commitment to the communities we impact. In line with our commitment we have also conducted Human Rights due diligence at all our operational assets in line with our stringent focus on monitoring and preventing human rights violations especially child labor, forced and bonded labor, health, safety and well-being across all our projects for employees and contract workers. |
| 3. Is the premise/office of the entity accessible to differently abled visitors, as per the requirements of the Rights of Persons with Disabilities Act, 2016? | Yes |
| 4. Details on assessment of value chain partners: |
| % of value chain partners (by value of business done with such partners) that were assessed |
| Sexual harassment | 5.96% |
| Discrimination at workplace | 5.96% |
| Child Labour | 5.96% |
| Forced Labour/Involuntary Labour | 5.96% |
| Wages | 5.96% |
|
| 5. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from the assessments at Question 4 above. | We are pleased to report that all processes functioned as intended, and no corrective actions were required during this period. |
| Notes | Notes:
All our contractors providing labour have been assessed for all the parameters as mentioned earlier, as it is also a part of their work order issued to them. However, we have not considered contracts that included labour and material issued to the contractors. We have also not considered suppliers providing raw materials/finished goods. |
PRINCIPLE 6: Businesses should respect and make efforts to protect and restore the environment |
| Essential Indicators |
| 1. Details of total energy consumption (in Joules or multiples) and energy intensity, in the following format: |
| Whether total energy consumption and energy intensity is applicable to the company? | Yes |
| Revenue from operations (in Rs.) | FY (2023-24) | PY (2022-23) |
| 101045.00 | 32806.00 |
| Parameter | Units | FY (2023-24) | PY (2022-23) |
| From renewable sources |
| Total electricity consumption (A) | Kilojoule (KJ) | 1657040400.00 | 0.00 |
| Total fuel consumption (B) | Kilojoule (KJ) | 0.00 | 0.00 |
|
| Total energy consumed from renewable sources (A+B+C) | Kilojoule (KJ) | 1657040400.00 | 0.00 |
| From non-renewable sources |
| Total electricity consumption (D) | Kilojoule (KJ) | 11999228400.00 | 15403000000.00 |
| Total fuel consumption (E) | Kilojoule (KJ) | 18764833907.54 | 1138510000.00 |
|
| Total energy consumed from non-renewable sources (D+E+F) | Kilojoule (KJ) | 30764062307.54 | 16541510000.00 |
| Total energy consumed (A+B+C+D+E+F) | Kilojoule (KJ) | 32421102707.54 | 16541510000.00 |
| Energy intensity per rupee of turnover (Total energy consumed / Revenue from operations) | Kilojoule (KJ) / Rs. | 320858.060344797 | 504222.093519478 |
| Energy intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP)
(Total energy consumed / Revenue from operations adjusted for PPP) | Kilojoule (KJ) / Rs. | 2949959.26 | 4971882.90 |
| Energy intensity in terms of physical Output | Kilojoule (KJ) | 0.00 | 0.00 |
| Energy intensity (optional) – the relevant metric may be selected by the entity | Kilojoule (KJ) | 0.00 | 0.00 |
| Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) | No |
| If yes, name of the external agency. | |
| 2. Does the entity have any sites / facilities identified as designated consumers (DCs) under the Performance, Achieve and Trade (PAT) Scheme of the Government of India? | No |
| If yes, disclose whether targets set under the PAT scheme have been achieved. In case targets have not been achieved, provide the remedial action taken, if any. | |
| 3. Provide details of the following disclosures related to water, in the following format: |
| Parameter | FY (2023-24) | PY (2022-23) |
| Water withdrawal by source (in kilolitres) |
| (i) Surface water | 0.00 | 0.00 |
| (ii) Groundwater | 0.00 | 0.00 |
| (iii) Third party water | 172170.00 | 193331.55 |
| (iv) Seawater / desalinated water | 0.00 | 0.00 |
| (v) Others | 1537.74 | 0.00 |
| Total volume of water withdrawal (in kilolitres) (i + ii + iii + iv + v) | 173707.74 | 193331.55 |
| Total volume of water consumption (in kilolitres) | 173707.74 | 0.00 |
| Water intensity per rupee of turnover (Total water consumption / Revenue from operations) | 1.7191126726 | 0.00 |
| Water intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP)
(Total water consumption / Revenue from operations adjusted for PPP) | 15805.47 | 57013.15 |
| Water intensity in terms of physical output | 0.00 | 0.00 |
| Water intensity (optional) – the relevant metric may be selected by the entity | | |
| Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? | No |
| If yes, name of the external agency. | |
| 4. Provide the following details related to water discharged: |
| Parameter | FY (2023-24) | PY (2022-23) |
| Water discharge by destination and level of treatment (in kilolitres) |
| (i) To Surface water | 0.00 | 0.00 |
| No treatment | 0.00 | 0.00 |
| With treatment – please specify level of treatment | 0.00 | 0.00 |
| (ii) To Groundwater | 0.00 | 0.00 |
| No treatment | 0.00 | 0.00 |
| With treatment – please specify level of treatment | 0.00 | 0.00 |
| (iii) To Seawater | 0.00 | 0.00 |
| No treatment | 0.00 | 0.00 |
| With treatment – please specify level of treatment | 0.00 | 0.00 |
| (iv) Sent to third-parties | 0.00 | 0.00 |
| No treatment | 0.00 | 0.00 |
| With treatment – please specify level of treatment | 0.00 | 0.00 |
| (v) Others | 0.00 | 0.00 |
| No treatment | 0.00 | 0.00 |
| With treatment – please specify level of treatment | 0.00 | 0.00 |
| Total water discharged (in kilolitres) | 0.00 | 0.00 |
| Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) | No |
| If yes, name of the external agency. | |
| 5. Has the entity implemented a mechanism for Zero Liquid Discharge? | No | |
| If yes, provide details of its coverage and implementation. | |
| 6. Please provide details of air emissions (other than GHG emissions) by the entity, in the following format: |
| Whether air emissions (other than GHG emissions) by the entity is applicable to the company? | Yes |
| Parameter | Please specify unit | FY (2023-24) | PY (2022-23) |
| NOx | ug/m3 | 3.62 | 46.10 |
| SOx | ug/m3 | 10.33 | 117.50 |
| Particulate matter (PM) | ug/m3 | 16.76 | 41.50 |
| Persistent organic pollutants (POP) | ug/m3 | 0.00 | 0.00 |
| Volatile organic compounds (VOC) | ug/m3 | 0.00 | 0.00 |
| Hazardous air pollutants (HAP) | ug/m3 | 0.00 | 0.00 |
|
| Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) | No |
| If yes, name of the external agency. | |
| 7. Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity, in the following format: |
| Whether greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity is applicable to the company? | Yes |
| Parameter | Unit | FY (2023-24) | PY (2022-23) |
| Total Scope 1 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available) | tCO2e | 1227.81 | 104.74 |
| Total Scope 2 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available) | tCO2e | 3360.59 | 3485.28 |
| Total Scope 1 and Scope 2 emission intensity per rupee of turnover
(Total Scope 1 and Scope 2 GHG emissions / Revenue from operations) | tCO2e / Rs. | 0.045409471 | 0.1094318113 |
| Total Scope 1 and Scope 2 emission intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP)
(Total Scope 1 and Scope 2 GHG emissions / Revenue from operations adjusted for PPP) | tCO2e / Rs. | 0.42 | 1.06 |
| Total Scope 1 and Scope 2 emission intensity in terms of physical output | tCO2e | 0.00 | 0.00 |
| Total Scope 1 and Scope 2 emission intensity (optional) – the relevant metric may be selected by the entity | tCO2e | 0.00 | 0.00 |
| Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) | No |
| If yes, name of the external agency. | |
| 8. Does the entity have any project related to reducing Green House Gas emission? | Yes | |
| If Yes, then provide details. | 40% of our projects have transitioned to green power for construction activities in FY 2023-24. |
| 9. Provide details related to waste management by the entity, in the following format: |
| Parameter | FY (2023-24) | PY (2022-23) |
| Total Waste generated (in metric tonnes) |
| Plastic waste (A) | 0.40 | 569.32 |
| E-waste (B) | 0.00 | 0.00 |
| Bio-medical waste (C) | 0.00 | 0.00 |
| Construction and demolition waste (D) | 50911.83 | 8993.00 |
| Battery waste (E) | 0.00 | 0.00 |
| Radioactive waste (F) | 0.00 | 0.00 |
| Other Hazardous waste. Please specify, if any. (G) | 0.01 | 0.00 |
| Other Non-hazardous waste generated (H). Please specify, if any. (Break-up by composition i.e. by materials relevant to the sector) | 151.90 | 332.95 |
| Total (A+B + C + D + E + F + G + H) | 51064.14 | 9895.27 |
| Waste intensity per rupee of turnover
(Total waste generated / Revenue from operations) | 0.505360384 | 0.3016298848 |
| Waste intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP)
(Total waste generated / Revenue from operations adjusted for PPP) | 229.79 | 144.32 |
| Waste intensity in terms of physical output | 0.00 | 0.00 |
| Waste intensity (optional) – the relevant metric may be selected by the entity | 0.00 | 0.00 |
| For each category of waste generated, total waste recovered through recycling, re-using or other recovery operations (in metric tonnes) |
| Category of waste |
| (i) Recycled | 0.00 | 0.00 |
| (ii) Re-used | 0.00 | 0.00 |
| (iii) Other recovery operations | 0.00 | 0.00 |
| Total | 0.00 | 0.00 |
| For each category of waste generated, total waste disposed by nature of disposal method (in metric tonnes) |
| Category of waste |
| (i) Incineration | 0.00 | 0.00 |
| (ii) Landfilling | 0.00 | 0.00 |
| (iii) Other disposal operations | 0.00 | 0.00 |
| Total | 0.00 | 0.00 |
| Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) | No |
| If yes, name of the external agency. | |
| 10. 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. | At KRL, we are dedicated to minimizing our environmental footprint throughout the construction lifecycle. Our waste management philosophy is centered on the "Reduce, Reuse, Recycle" principles, with the ultimate goal of achieving zero waste to landfill.
Minimizing Construction Waste:
Active Minimization: We actively seek ways to reduce waste generation through careful planning, material selection, and
optimized processes.
Investment in Technology: We invest in innovative recycling technologies and streamlined systems to maximize
resource recovery.
Circular Economy Approach: We strive to create a circular economy by converting construction waste into valuable
resources whenever possible.
Waste Management at KRL Facilities:
Reduced Hazardous Waste: As a construction company, we primarily handle construction debris and materials. Our office
and facility operations generate minimal hazardous waste.
Strict Regulations: We adhere to stringent regulations regarding potentially hazardous waste generated by our contractors,
ensuring proper disposal through SPCB-approved recyclers.
Organic Waste Management: KRL utilizes in-house composting systems to convert organic waste generated at our sites
and labor camps into fertilizer for landscaping. This reduces waste volume and creates a valuable resource.
Single-Use Plastics Phase-Out: Committed to aligning with government directives, KRL has eliminated single-use
plastics at all our sites which was one of our commitments for FY 2023-24.
Moving Forward:
Reinforcing 3R Principles: In the coming year, we are dedicated to further strengthening our commitment to the "Reduce,
Reuse, Recycle" philosophy. This includes the following steps: 1. Segrigation of waste at source. 2. Categorization of waste
into recyclable and reusable. 3. Reuse and Recycling of waste either in-house or through external vendors. 4. Maximizing
the sustainable utilization of raw materials and products to minimize waste generation at the source.
Responsible Contractor Management: KRL ensures that all hazardous waste generated by our contractors is disposed of
according to the Hazardous Waste Management and Handling Rules. |
| 11. 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, please specify details in the following format: | | 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, please specify details in the following format: | | Sr. No. | Location of operations/offices | Type of operations | Whether the conditions of environmental approval / clearance are being complied with? | If no, the reasons thereof and corrective action taken, if any. | | 1 | Not Applicable | Not Applicable | Yes | |
|
| 12. Details of environmental impact assessments of projects undertaken by the entity based on applicable laws, in the current financial year: | | Details of environmental impact assessments of projects undertaken by the entity based on applicable laws, in the current financial year: | | Sr. No. | Name and brief details of project | EIA Notification No. | Date | Whether conducted by independent external agency (Yes / No) | Results communicated in public domain (Yes / No) | Relevant Web link | | 1 | Expansion of residential project "Rustomjee Crown" with MCGM parking lot | 2 | 28-11-2023 | Yes | Yes | https://www.rustomjee.com/about-us/stock-exchange-communication/ | | 2 | Redevelopment of Existing Buildings knowns as "Jariwala
Compound" | 1 | 09-02-2024 | Yes | Yes | https://www.rustomjee.com/about-us/stock-exchange-communication/ | | 3 | Expansion in residential and commercial project
"Rustomjee Urbania” | 445563 | 13-07-2023 | Yes | Yes | https://www.rustomjee.com/about-us/stock-exchange-communication/ | | 4 | Residential cum commercial development | 441362 | 14-10-2023 | Yes | Yes | https://www.rustomjee.com/about-us/stock-exchange-communication/ |
|
| 13. 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/NA). | Yes | |
| If not, provide details of all such non-compliances, in the following format: | |
| 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: |
| Details For each facility / plant located in areas of water stress |
| Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) | |
| If yes, name of the external agency. | |
| 2. Please provide details of total Scope 3 emissions & its intensity, in the following format: |
| Whether total Scope 3 emissions & its intensity is applicable to the company? | Yes |
| Parameter | Unit | FY (2023-24) | PY (2022-23) |
| Total Scope 3 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available) | tCO2e | 8258.32 | 0.00 |
| Total Scope 3 emissions per rupee of turnover | tCO2e / Rs. | 0.04 | 0.00 |
| Total Scope 3 emission intensity (optional) – the relevant metric may be selected by the entity | tCO2e | 0.00 | 0.00 |
| Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) | No |
| If yes, name of the external agency. | |
| 3. With respect to the ecologically sensitive areas reported at Question 10 of Essential Indicators above, provide details of significant direct & indirect impact of the entity on biodiversity in such areas along-with prevention and remediation activities. | Not Applicable |
|
| 5. Does the entity have a business continuity and disaster management plan? | | |
| Details of entity at which business continuity and disaster management plan is placed or weblink. | |
| 6. Disclose any significant adverse impact to the environment, arising from the value chain of
the entity. What mitigation or adaptation measures have been taken by the entity in this regard. | |
| 7. Percentage of value chain partners (by value of business done with such partners) that were assessed for environmental impacts. | |
| Notes | The Term of the revenue of operation is not clarified under Principle 6 of this Report hence we have inserted the Figures of Revenue from operation from Financials of the Company for FY ended 2023-24 and PY. Amount of revenue of operation are reported in Lakhs. |
PRINCIPLE 8 Businesses should promote inclusive growth and equitable development |
| Essential Indicators |
|
|
| 3. Describe the mechanisms to receive and redress grievances of the community. | KRL is committed to maintaining open communication with the communities in which we operate. We have established a streamlined process for receiving and addressing community complaints.
Multiple Channels: We provide various channels for residents to submit complaints, ensuring accessibility for all.
Priority Action: Upon receiving a complaint, the designated point of contact (SPOC) within the relevant department promptly takes ownership and works towards a swift resolution.
Logical Solutions: Our focus is on finding practical and effective solutions that address the root cause of the concerns raised by the community. |
| 4. Percentage of input material (inputs to total inputs by value) sourced from suppliers: | FY (2023-24) | PY (2022-23) |
| Directly sourced from MSMEs/ small producers | 16.69% | 20.72% |
| Sourced directly from within the district and neighbouring districts | 98.22% | 99.21% |
| 5. Job creation in smaller towns - Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis) in the following locations, as % of total wage cost: |
| FY (2023-24) | PY (2022-23) |
| 1. Rural | | |
| i) Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis) | 0.00 | 0.00 |
| ii) Total Wage Cost | 0.00 | 0.00 |
| iii) % of Job creation in Rural areas | | |
| 2. Semi-urban |
| i) Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis) | 0.00 | 0.00 |
| ii) Total Wage Cost | 0.00 | 0.00 |
| iii) % of Job creation in Semi-Urban areas | | |
| 3. Urban |
| i) Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis) | 0.00 | 0.00 |
| ii) Total Wage Cost | 0.00 | 0.00 |
| iii) % of Job creation in Urban areas | | |
| 4. Metropolitan |
| i) Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis) | 100.00 | 100.00 |
| ii) Total Wage Cost | 100.00 | 100.00 |
| iii) % of of Job creation in Metropolitan area | 100.00% | 100.00% |
| Leadership Indicators |
| 1. Provide details of actions taken to mitigate any negative social impacts identified in the Social Impact Assessments (Reference: Question 1 of Essential Indicators above): | | Provide details of actions taken to mitigate any negative social impacts identified in the Social Impact Assessments | | Sr. No. | Details of negative social impact identified | Corrective action taken | | 1 | Not Applicable | Not Applicable |
|
| 2. Provide the following information on CSR projects undertaken by your entity in designated aspirational districts as identified by government bodies: | | Provide the following information on CSR projects undertaken by your entity in designated aspirational districts as identified by government bodies | | Sr.No. | State | Aspirational District | Amount spent (In INR) | | 1 | Maharashtra | Mumbai Suburban | 24947507.00 |
|
| 3. (a) Do you have a preferential procurement policy where you give preference to purchase from suppliers comprising marginalized /vulnerable groups? (Yes/No/NA) | No | |
| (b) From which marginalized /vulnerable groups do you procure? | |
| (c) What percentage of total procurement (by value) does it constitute? | |
|
| 5. Details of corrective actions taken or underway, based on any adverse order in intellectual property related disputes wherein usage of traditional knowledge is involved. | | Details of corrective actions taken or underway, based on any adverse order in intellectual property related disputes wherein usage of traditional knowledge is involved. | | Sr.No. | Name of authority | Brief of the Case | Corrective action taken | | 1 | Not Applicable | Not Applicable | Not Applicable |
|
| 6. Details of beneficiaries of CSR Projects: | | Details of beneficiaries of CSR Projects | | Sr.No. | CSR Project | No. of persons benefitted from CSR Projects | % of beneficiaries from vulnerable and marginalized groups | | 1 | Education for All - Scholarships for student, School education for slum
communities and tribal communities, Hostels for orphans, Education
and literacy for prisoners, Elementary education to underprivileged
children) | 741 | 100.00% | | 2 | Healthcare for children (Infrastructure and Technology Adoption) | 1 | 100.00% | | 3 | Environment (Water conservation and desilting) | 56 | 100.00% | | 4 | Social Welfare (For senior citizens, students, and children) | 1347 | 100.00% |
|
| Notes | |
PRINCIPLE 9 Businesses should engage with and provide value to their consumers in a responsible manner |
| Essential Indicators |
| 1. Describe the mechanisms in place to receive and respond to consumer complaints and feedback. | KRL recognizes the importance of open communication and strives to continuously improve customer satisfaction.
To achieve this, we have established a comprehensive system for receiving and responding to consumer complaints and feedback. |
| 2. Turnover of products and/ services as a percentage of turnover from all products/service that carry information about | As a percentage to total turnover |
| Environmental and social parameters relevant to the product | 0.00% |
| Safe and responsible usage | 0.00% |
| Recycling and/or safe disposal | 0.00% |
| 3. Number of consumer complaints in respect of the following | FY (2023-24) | Remark | PY (2022-23) | Remark |
| Received during the year | Pending resolution at end of year | Received during the year | Pending resolution at end of year |
| Data privacy | 0 | 0 | 0 | 0 | 0 | NIL |
| Advertising | 0 | 0 | 0 | 0 | 0 | NIL |
| Cyber-security | 0 | 0 | 0 | 0 | 0 | NIL |
| Delivery of essential services | 113 | 46 | 0 | 0 | 0 | NIL |
| Restrictive Trade Practices | 0 | 0 | 0 | 0 | 0 | NIL |
| Unfair Trade Practices | 0 | 0 | 0 | 0 | 0 | NIL |
| Other | 0 | 0 | 0 | 0 | 0 | NIL |
| 4. Details of instances of product recalls on account of safety issues | Number | Reasons for recall |
| Voluntary recalls | 0 | Not Applicable |
| Forced recalls | 0 | Not Applicable |
| 5. Does the entity have a framework/ policy on cyber security and risks related to data privacy? | Yes | |
| If available, provide a web-link of the policy | https://www.rustomjee.com/about-us/codes-and-policies/ |
| 6. Provide details of any corrective actions taken or underway on issues relating to advertising, and delivery of essential services; cyber security and data privacy of customers; re-occurrence of instances of product recalls; penalty / action taken by regulatory authorities on safety of products / services. | We are pleased to report that all processes functioned as intended, and no corrective actions were required during this period. |
| 7. Provide the following information relating to data breaches: |
| a. Number of instances of data breaches along-with impact | 0 |
| b. Percentage of data breaches involving personally identifiable information of customers | 0.00% |
| c. Impact, if any, of the data breaches | No |
| Leadership Indicators |
| 1. Channels / platforms where information on products and services of the entity can be accessed (provide web link, if available). | Website, Brochures and Site Offices, Phone Calls, Whatsapp, Newspapers, Social Media |
| 2. Steps taken to inform and educate consumers about safe and responsible usage of products and/or services | The company is not a manufacturing company and hence does not make consumer products that can be misused
and therefore this requirement is not applicable to us. However, as our commitment to sustainability we ensure that our customers are made aware of all the initiatives taken by our company to provide homes that are complying to ESG requirements that are material to our industry. |
| 3. Mechanisms in place to inform consumers of any risk of disruption/discontinuation of essential services. | Not Applicable |
| 4. Does the entity display product information on the product over and above what is mandated as per local laws? | Yes | |
| If yes, provide details in brief. | Please refer BRSR report for details. | |
| Did your entity carry out any survey with regard to consumer satisfaction relating to the major products / services of the entity, significant locations of operation of the entity or the entity as a whole? | | |
| Notes | |