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Puravankara Limited — Environmental & Social Information 2023
Sep 5, 2023
61023_rns_2023-09-05_59119f7d-75ba-474b-bbf9-4e2ef5c89110.pdf
Environmental & Social Information
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05.09.2023
To,
| The General Manager – DCS, Listing Operations-Corporate Services Dept. BSE Ltd. 1stFloor, New Trading Ring, Rotunda Building, 'P J. Towers, Dalal Street, Fort, Mumbai 400 001. [email protected] Stock Code: 532891 |
The Manager, Listing Department, National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E),Mumbai [email protected] Stock Code:PURVA |
||
|---|---|---|---|
Dear Sir / Madam,
Sub: Business Responsibility & Sustainability Report for the Financial Year 2022-23
Pursuant to Regulation 34 (2)(f) read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is the Business Responsibility & Sustainability Report of the Company for the Financial Year 2022-23.
This is for your information and records.
Thanking you,
Yours sincerely,
For Puravankara Limited
Digitally signed by SUDIP CHATTERJEE SUDIP DN: c=IN, o=PERSONAL, pseudonym=6f4c2521f1863e3559fee23d58 a90d5e, 2.5.4.20=E1A35BB438B1685F86518187336D CHATTERJ B78F880C44230601766F800DC3F49C5B8C23, postalCode=700091, st=WEST BENGAL, serialNumber=39429ab379439a3bacfadd28 e74d9dfc95347eb64c97c1f49bf9992a18a3e EE 44e, cn=SUDIP CHATTERJEE Date: 2023.09.05 20:46:42 +05'30' (Sudip Chatterjee) Company Secretary Membership No.: F11373
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78
PURAVANKARA LIMITED
ANNEXURE VII TO DIRECTORS’ REPORT
BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORTING
SECTION A : GENERAL DISCLOSURES
I. DETAILS
| 1 | Corporate Identity Number (CIN) of the Listed Entity | L45200KA1986PLC051571 | |
|---|---|---|---|
| 2 | Name of the Listed Entity | Puravankara Limited | |
| 3 | Year of incorporation | 03-06-1986 | |
| 4 | Registered ofce address | 130/1, Ulsoor Road, Bangalore, | |
| Karnataka -560032 | |||
| 5 | Corporate address | 130/1, Ulsoor Road, Bangalore, | |
| Karnataka-560032 | |||
| 6 | [email protected] | ||
| 7 | Telephone | 080-44555555 | |
| 8 | Website | https://www.puravankara.com/ | |
| 9 | Date Of Start Of Financial Year | Start Date | End Date |
| Financial Year | 01-04-2022 | 31-03-2023 | |
| Previous Year | 01-04-2021 | 31-03-2022 | |
| 10 | Name of the Stock Exchange(s) where shares are listed | BSE , NSE | |
| 11 | Paid-up Capital | 1185748430 |
- 12 Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR report
| Name Of Contact Person | Shruthi Mohanraman |
|---|---|
| Contact Number Of Contact Person | 94833 43804 |
| Email Of Contact Person | [email protected] |
- 13 Reporting boundary - Are the disclosures under this report made Standalone basis on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken ,together).
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II. PRODUCTS/SERVICES
- Details of business activities
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S. No. Description of main activity Description of business activity % of turnover
1 Real estate development Development of Real-estate 100%
projects
15. Products/Services sold by the entity (accounting for 90% of the entity's Turnover):
S. No. Product/Service NIC Code % of total turnover
1 Development of Real-estate projects 6810 100%
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- Products/Services sold by the entity (accounting for 90% of the entity's Turnover):
III. OPERATIONS
- Number of locations where plants and/or operations/offices of the entity are situated:
| Location Number |
of | plants Number |
of | offices Total |
|---|---|---|---|---|
| National | - | 7 | 7 | |
| International | - | 2 | 2 |
17. Markets served by the entity:
- a. Number of locations
| Location | Number |
|---|---|
| National (No. of States) | 6 |
| International (No. of Countries) | - |
-
b. What is the contribution of exports as a percentage of the total turnover of the entity?
-
Not Applicable
-
c. A brief on types of customers
-
Puravankara Limited caters to the needs of customers in the residential and commercial real estate sector.
80 PURAVANKARA LIMITED
IV. EMPLOYEES
18. Details as at the end of Financial Year:
- a. Employees and workers (including differently abled):
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Male Female Others
S. No Particulars Total (A)
No. (B) % (B/A) No. (C) % (C/A) No. (H) % (H/A)
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| EMP | OYEES | |||||||
|---|---|---|---|---|---|---|---|---|
| 1. | Permanent(D) | 665 | 492 | 73.98 | 173 | 26.02 | - | - |
| 2. | Other than Permanent(E) | - | - | - | - | - | - | - |
| 3. | Total employees(D + E) | 665 | 492 | 73.98 | 173 | 26.02 | - | - |
| WORKERS | ||||||||
| 4. | Permanent(F) | 7 | 5 | 71.43 | 2 | 28.57 | - | - |
| 5. | Other than Permanent(G) | - | - | - | - | - | - | - |
| 6. | Total workers(F + G) | 7 | 5 | 71.43 | 2 | 28.57 | - | - |
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ANNUAL REPORT 2022-23
b. Differently abled Employees and workers:
Nil
19. Participation/Inclusion/Representation of women
| Total (A) | No. and percentage of Females No. (B) % (B / A) |
No. and percentage of Females No. (B) % (B / A) |
|
|---|---|---|---|
| Board of Directors | 8 | 1 | 12.50 |
| Key Management Personnel | 9 | 2 | 22.22 |
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82 PURAVANKARA LIMITED
20. Turnover rate for permanent employees and workers
(Disclose trends for the past 3 years)
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FY 2020-21
FY 2022-23 FY 2021-22
(Turnover rate in the year prior
(Turnover rate in current FY) (Turnover rate in previous FY)
to the previous FY)
Male Female Others Total Male Female Others Total Male Female Others Total
Permanent Employees 0.28 0.15 0 0.43 0.23 0.13 0 0.36 0.24 0.1 0 0.34
Permanent Workers NIL
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ANNUAL REPORT 2022-23
V. HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES (INCLUDING JOINT VENTURES)
21. (a) Names of holding / subsidiary / associate companies / joint ventures
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Does the entity indicated
Indicate whether holding/ at column A, participate in
S. No. Name of the holding/ subsidiary/ associate Subsidiary/ Associate/ % of shares held by the Business Responsibility
companies/ joint ventures (A) Joint Venture listed entity initiatives of the listed
entity? (Yes/No)
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| 1 | Provident Housing Limited | Subsidiary | 100% | Yes |
|---|---|---|---|---|
| 2 | Starworth Infrastructure & Construction Limited | Subsidiary | 100% | Yes |
| 3 | Purva Star Properties Private Limited | Subsidiary | 100% | Yes |
| 4 | Melmont Construction Private Limited | Subsidiary | 100% | Yes |
| 5 | Purva Realities Private Limited | Subsidiary | 100% | Yes |
| 6 | Purva Ruby Properties Private Limited | Subsidiary | 100% | Yes |
| 7 | Grand Hills Development Private Limited | Subsidiary | 100% | Yes |
| 8 | Purvaland Private Limited | Subsidiary | 100% | Yes |
| 9 | Purva Oak Private Limited | Subsidiary | 100% | Yes |
| 10 | Prudential Housing & Infrastructure | Subsidiary | 100% | Yes |
| Development Limited | ||||
| 11 | Centurion Housing and Construction Private | Subsidiary | 100% | Yes |
| Limited | ||||
| 12 | Purva Asset Management Private Limited | Subsidiary | 100% | Yes |
| 13 | T-Hills | Subsidiary | 100% | Yes |
| 14 | Purva Property Services Private Limited | Subsidiary | 100% | Yes |
| 15 | IBID Home Private Limited | Subsidiary | 100% | Yes |
| 16 | Propmart Technologies Limited | Subsidiary | 87% | Yes |
| 17 | Purva Woodworks Private Limited | Subsidiary | 100% | Yes |
| 18 | Devas Global LLP | Subsidiary | 100% | Yes |
| 19 | Pune Projects LLP | Subsidiary | 100% | Yes |
VI. CSR DETAILS
22. CSR Details
| CSR DETAILS 22. CSR Details |
|
|---|---|
| Whether CSR is applicable as per section 135 of Companies Act, 2013 | Yes |
| Turnover (in Rs.) | 645.07 Crores |
| Net worth (in Rs.) | 1796.7 Crores |
84 PURAVANKARA LIMITED
VII. TRANSPARENCY AND DISCLOSURES COMPLIANCE
23. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct:
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FY 2022-23 FY 2021-22
Stakeholder Grievance Number of Number of
group from Redressal if Yes, then provide Number of complaints Number of complaints
complaint is whom Mechanism in Place web-link for grievance redress policy filed during complaints resolution pending Remarks filed during complaints resolution pending Remarks
received (Yes/No) the year at close of the year at close of
the year the year
Communities Yes https://www.puravankara.
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| Communities | Yes | https://www.puravankara. | |
|---|---|---|---|
| Investors | Yes | com/contact/ | |
| (other than | |||
| shareholders) | |||
| Shareholders | Yes | https://www.puravankara. | |
| com/backend/ | |||
| assets/uploads/ | |||
| investors_reports/ | |||
| d2fe959c777dc8cc755e | |||
| 79b34eefc2e7.pdf | NIL | ||
| Employees | Yes | https://www.puravankara. | |
| and workers | com/hr/ | ||
| Customers | Yes | https://www.puravankara. | |
| Value Chain | com/backend/ | ||
| Partners | assets/uploads/ | ||
| investors_reports/ | |||
| a9d6776bbb5c7aa68d39 | |||
| 6c28260c0ab6.pdf |
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24. 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
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Indicate
S. No. Material issue identified whether risk or opportunity 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)
(R/O)
1 Climate Risk and There are several 1. By investing in energy-efficient It is crucial for businesses to
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| 1 | identiied Climate |
or opportunit (R/O) Risk and |
y the risk opportunity There are several |
ad 1. |
apt or mitigate By investing in energy-efcient |
or negative implications) It is crucial for businesses to |
|---|---|---|---|---|---|---|
| Protection, | Opportunity | compelling reasons for | building systems, appliances | proactively identify and address | ||
| Energy and Emissions |
identifying climate change as a signifcant risk in the |
and lighting and implementing smart building technologies |
climate change risks to safeguard their operations, reputation and |
|||
| business world and some | such as automated lighting | long-term sustainability. By | ||||
| key rationales are physical | and temperature controls. | integrating climate risk assessment | ||||
| risks, regulatory risks, transitional, Reputational, Supply chain, fnancial risks |
2. | Transitioning to renewable energy sources to reduce reliance on fossil fuels. |
and implementing appropriate adaptation and mitigation strategies, businesses can enhance their |
|||
| and also stakeholder and investor expectations. |
3. | Incorporating sustainable design principles from the initial stages of real estate |
resilience and seize the opportunities presented by the transition to a low- carbon economy. |
|||
| development to reduce the | ||||||
| carbon footprint of buildings. | ||||||
| 2 | Water and | Risk | Water scarcity is | 1. | By adopting in-house sewage | Water scarcity can halt business |
| Wastewater | estimated to be increasing with increased human |
treatment & recycling for fushing through well-designed |
operations, disrupt supply chains and raise the cost of raw materials. |
|||
| consumption and the | STPs | When the company has a clear | ||||
| challenge of water security is global and growing. |
2. 3. |
By installing well-designed rainwater harvesting facilities. By installing low fow water fxtures to reduce the consumption and losses. |
vision of improved forecasts on water demand, they can rigorously plan operation, maintenance and investment and rigorous asset management leads to improved self- fnancing capabilities, reduced debt |
|||
| 4. | By reducing basement | and access to cheaper loans (Since | ||||
| footprint and providing larger | the utility is more credit worthy) | |||||
| landscape areas on natural | ||||||
| ground for ground water | ||||||
| recharge and percolation. |
86 PURAVANKARA LIMITED
SECTION B: MANAGEMENT AND PROCESS DISCLOSURES
THIS SECTION IS AIMED AT HELPING BUSINESSES DEMONSTRATE THE STRUCTURES, POLICIES AND PROCESSES PUT IN PLACE TOWARDS ADOPTING THE NGRBC PRINCIPLES AND CORE ELEMENTS.
-
P1 Businesses should conduct and govern themselves with integrity in a manner that is ethical, transparent and accountable
-
P2 Businesses should provide goods and services in a manner that is sustainable and safe
-
P3 Businesses should respect and promote the well-being of all employees, including those in their value chains
-
P4 Businesses should respect the interests of and be responsive towards all its stakeholders
-
P5 Businesses should respect and promote human rights
-
P6 Businesses should respect, protect and make efforts to restore the environment
-
P7 Businesses when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent
-
P8 Businesses should promote inclusive growth and equitable development
-
P9 Businesses should engage with and provide value to their consumers in a responsible manner
Whether your entity's policy/policies cover each principle and its core elements of the NGRBCs. (Yes/No)
Our policies regarding “Ethics & Transparency”, “Product Responsibility”, “Human Resources” and “CSR” are in accordance with the applicable regulations. The existing policies are framed in the interest of the stakeholders. They are in due compliance of the applicable Indian Laws. The policies/ practices broadly confirms to the National Voluntary Guidelines issued by the Ministry of Corporate Affairs. The approval of the Board has been taken on mandatory policies and is signed by respective process owners of each of their respective policies.
The web-link for our policies are as below:
https://www.puravankara.com/investors/
Name of the national and international codes/certifications/labels/standards (e.g. Forest Stewardship Council, Fairtrade, Rainforest Alliance, Trust) standards (e.g. SA 8000, OHSAS, ISO, BIS) adopted by your entity and mapped to each principle.
Puravankara Limited holds certificate No. FM 653041 and operates a Quality Management System which complies with the requirements of ISO 9001:2015 for the following scope:
Design, Development, Construction and Marketing of Residential and Commercial Projects.
Specific Commitments, goals and targets set by the entity with defined timelines, if any:
-
Foster a diverse and inclusive workplace.
-
Ensure employee health and safety by aiming for reduction in workplace accidents and injuries by implementing a comprehensive safety training program.
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-
Enhance customer feedback and complaint mechanisms by responding to their complaints within 48 hours and improve our customer feedback system to track satisfaction levels and address concerns.
-
Enhance customer satisfaction and loyalty through regular customer surveys and continuous improvement initiatives.
-
Promote responsible marketing and advertising by ensuring that all marketing campaigns adhere to industry standards and do not contain misleading or deceptive information.
Governance, leadership and oversight
Statement by director responsible for the business responsibility report, highlighting ESG related Refer Annual Report challenges, targets and achievements Details of the highest authority responsible for implementation and oversight of the Business Name :Mr. Abhishek Kapoor Responsibility policy (ies). DIN :03456820 Designation : Director Telephone No: 080-43439678 Mail ID: [email protected] Does the entity have a specified Committee of the Board/ Director responsible for decision making No on sustainability related issues? (Yes / No).
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Indicate whether review was undertaken by Director /
Subject for Review Committee of the Board / Any other Committee
P1 P2 P3 P4 P5 P6 P7 P8 P9
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| Performance against above policies and follow up action Indicate whether review | Review of the above policies was undertaken by the |
|---|---|
| was undertaken by Director / Committee of the Board/Any other Committee | Director |
| Compliance with statutory requirements of relevance to the principles, and, rectifcation of any non-compliances Indicate whether review was undertaken by Director / Committee of the Board/Any other Committee |
Review of compliances was undertaken by the Director and no non-compliances were reported. |
| Subject for Review | Frequency (Annually/ Half yearly/ Quarterly/ Any other - |
| please specify) | |
| Performance against above policies and follow up action Frequency (Annually/ Half | All our Policies are reviewed on an annual basis. |
| yearly/ Quarterly/ Any other - please specify) | |
| Compliance with statutory requirements of relevance to the principles, and, rectifcation of any non-compliances Frequency (Annually/ Half yearly/ Quarterly/ |
All our Policies are reviewed on an annual basis. |
| Any other - please specify) | |
| Has the entity carried out independent assessment/ evaluation of the working of its | No, the assessments and evaluations are generally carried |
| policies by an external agency? (Yes/No). If yes, provide name of the agency. | out by the internal committee. |
88 PURAVANKARA LIMITED
SECTION C : PRINCIPLE WISE PERFORMANCE DISCLOSURE
PRINCIPLE 1
BUSINESSES SHOULD CONDUCT AND GOVERN THEMSELVES WITH INTEGRITY, AND IN A MANNER THAT IS ETHICAL, TRANSPARENT AND ACCOUNTABLE.
Puravankara Limited (the 'Company') believes that good corporate governance is essential for achieving long-term corporate goals and enhancing value to all stakeholders. The philosophy of the Company is to attain a high level of accountability, transparency and fairness in its functioning and conduct of business with due emphasis on statutory compliances. The management acknowledges and appreciates its responsibility towards society at large.
ESSENTIAL INDICATORS
1. Percentage coverage by training and awareness programmes on any of the Principles during the financial year:
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Total number of %age of persons in respective
Topics / principles covered under the training
Segment training and awareness category covered by the
and its impact
programmes held awareness programmes
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| Board of Directors | 1 | During the year , the Board engaged in various | 100 |
|---|---|---|---|
| updates pertaining to business, regulatory, safety | |||
| etc. POSH training regarding awareness on sexual | |||
| harassment at workplace was also conducted. | |||
| Key Managerial | 4 | HR Induction -Company Policy & Procedures and | 100 |
| Personnel | POSH Training-Awareness On Sexual Harassment At | ||
| workplace | |||
| Employees other than | 27 | HR Induction -Company Policy & Procedures and | 100 |
| BoD and KMPs | POSH Training-Awareness On Sexual Harassment At | ||
| workplace | |||
| Workers | 2101 | Health awareness and skill upgradation | 52 |
Puravankara Limited is guided by the principles of Puravankara's Code of Conduct. The company requires its employees to be aware of the COC and conduct themselves in line with the principles outlined therein. There are regular training sessions for new inductees.
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):
- For FY23, there were no cases pending pertaining to unfair trade practices, irresponsible advertising and/or anti-competitive behavior. Additionally, there were no cases of corruption, with reference to the employees or the business partners.
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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.
Not Applicable
4. Does the entity have an anti-corruption or anti-bribery policy?
- Yes, The ANTI BRIBERY AND ANTI CORRUPTION POLICY (the ‘Policy’) of Puravankara Limited has been developed in accordance with the Code of Conduct, charters, policies, rules and regulations adopted by Puravankara and in conformance with the legal and statutory framework of Anti-Corruption Legislation prevalent in India. The Company will uphold all laws relevant to countering bribery and corruption in all the jurisdictions in which it operates. The Policy reflects the commitment of Puravankara and its management to high ethical standards, conducting fair business for improving the organizational culture, following the best practices of corporate governance and enhancing the organizational reputation at appropriate levels. This policy also reflects the past and current practices of the company.
The web-link to the policy is as under:
h t t p s : / / w w w . p u r a v a n k a r a . c o m / b a c k e n d / a s s e t s / u p l o a d s / i n v e s t o r s _ reports/908de21a8fb79e498ab3c3dbd0c55439.pdf
5. Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law enforcement agency for the charges of bribery/ corruption:
- No Directors/KMPs/employees/workers were involved in bribery/corruption both in FY23 and FY22. On above grounds, no action was taken by any law enforcement agency.
6. Details of complaints with regard to conflict of interest:
- No complaints were received with regard to conflict of interest against Directors/KMPs in FY23 and FY22.
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.
Not Applicable
LEADERSHIP INDICATORS
1. Awareness programmes conducted for value chain partners on any of the Principles during the financial year:
None
90 PURAVANKARA LIMITED
2. Does the entity have processes in place to avoid/ manage conflict of interests involving members of the Board? (Yes/No)
Yes.
The company receives annual declarations from its Directors and KMP on the entities they are interested in and ensures requisite approvals as required under the statute as well as the company's policies are in place before transacting with such entities/individuals. The Nomination & Remuneration committee considers potential conflict of interest scenarios at the time of induction of directors to the Board. Further, directors do not vote or participate in decision on matters where they have or may have a conflict.
PRINCIPLE 2
BUSINESSES SHOULD PROVIDE GOODS AND SERVICES IN A MANNER THAT IS SUSTAINABLE AND SAFE
Businesses have a responsibility to provide goods and services in a sustainable and safe manner. By adopting sustainable practices throughout the product lifecycle, such as responsible sourcing, reducing waste, and implementing eco-friendly packaging, businesses can minimize their environmental impact. Moreover, ensuring the safety and quality of products and services safeguards consumer well-being. By prioritizing sustainability and safety, businesses not only fulfill their ethical obligations but also contribute to the health and resilience of communities and the preservation of natural resources for future generations.
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.
- No investment was made in specific technologies to improve the environmental and social impacts of product and processes
In the Current Financial Year.
2. a. Does the entity have procedures in place for sustainable sourcing? (Yes/No)
-
Yes. Puravankara limited practices responsible sourcing with respect to environment, safety, human rights and ethics ,apart from economic considerations. Effort is made to source most of the products from nearby regions in order to reduce the carbon footprint and reduction in consumption of fossil fuels. 60-70 percent of the products are sourced from nearby manufacturing units. This results in reduced transportation and reduction in consumption of diesel or petrol.
-
b. If yes, what percentage of inputs were sourced sustainably?
60-70
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3. Describe the processes in place to safely reclaim your products for reusing, recycling and disposing at the end of life.
- Not Applicable
4. Whether Extended Producer Responsibility (EPR) is applicable to the entity's activities (Yes / No). No
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, Puravankara Limited has not conducted Life Cycle Assessments for any of its services this year.
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. Not Applicable due to the reason stated above.
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). Not Applicable for our line of business.
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:
- Not Applicable for our line of business
5. Reclaimed products and their packaging materials (as percentage of products sold) for each product category.
Not Applicable for our line of business
PRINCIPLE 3
BUSINESSES SHOULD RESPECT AND PROMOTE THE WELL-BEING OF ALL EMPLOYEES, INCLUDING THOSE IN THEIR VALUE CHAINS
Respecting and promoting the well-being of all employees, including those in their value chains, is a paramount responsibility for businesses. Prioritizing fair and safe working conditions, providing competitive wages, and ensuring equal opportunities for career growth contribute to employee satisfaction and productivity. Additionally, addressing the needs of workers throughout the value chain, such as suppliers and subcontractors, fosters ethical and sustainable business practices. By valuing employee well-being, businesses create a positive work environment, enhance reputation, and contribute to social and economic development.
92 PURAVANKARA LIMITED
ESSENTIAL INDICATORS
1. a. Details of measures for the well-being of employees:
| Category | Total (A) | Health insurance Number (B) % (B / A) |
Health insurance Number (B) % (B / A) |
Accident Number (C) |
% of employees covered by insurance Maternity Benefits % (C / A) Number (D) % (D / A) |
% of employees covered by insurance Maternity Benefits % (C / A) Number (D) % (D / A) |
% of employees covered by insurance Maternity Benefits % (C / A) Number (D) % (D / A) |
Paternity Benefits Number (E) % (E / A) |
Paternity Benefits Number (E) % (E / A) |
Day Care facilities Number (F) % (F / A) |
Day Care facilities Number (F) % (F / A) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent | employees | ||||||||||
| Male | 492 | 492 | 100.00 | 492 | 100.00 | 492 | 100.00 | - | - | - | - |
| Female | 173 | 173 | 100.00 | 173 | 100.00 | 173 | 100.00 | - | - | - | - |
| Total | 665 | 665 | 100.00 | 665 | 100.00 | 173 | 100.00 | - | - | - | - |
| Other than | Permanent | employees | |||||||||
| Male | |||||||||||
| Female | NIL | ||||||||||
| Total |
b. Details of measures for the well-being of workers:
| Category Permanent |
Total (A) workers |
Health insurance Number (B) % (B / A) |
Health insurance Number (B) % (B / A) |
Accident Number (C) |
% of employees covered by insurance Maternity Benefits % (C / A) Number (D) % (D / A) |
% of employees covered by insurance Maternity Benefits % (C / A) Number (D) % (D / A) |
% of employees covered by insurance Maternity Benefits % (C / A) Number (D) % (D / A) |
Paternity Benefits Number (E) % (E / A) |
Paternity Benefits Number (E) % (E / A) |
Day Care facilities Number (F) % (F / A) |
Day Care facilities Number (F) % (F / A) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Male | 5 | 5 | 100.00 | - | - | - | - | - | - | - | - |
| Female | 2 | 2 | 100.00 | - | - | - | - | - | - | - | - |
| Total | 7 | 7 | 100.00 | - | - | - | - | - | - | - | - |
| Other than | Permanent | employees | |||||||||
| Male | |||||||||||
| Female | NIL | ||||||||||
| Total |
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2. Details of retirement benefits, for Current FY and Previous Financial Year.
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----- Start of picture text -----
FY 2022-23 FY 2021-22
No. of No. of
Deducted and No. of workers Deducted and
Benefits employees covered as covered as a % No. of workers deposited with employees covered as covered as deposited with
a % of total of total workers the authority a % of total a % of total the authority
(Y/N/N.A.) workers (Y/N/N.A.)
employees employees
PF 100 - Yes 100 - Yes
Gratuity 100 - Yes 100 - Yes
ESI 9 - Yes 9 - Yes
----- End of picture text -----
Others - please specify
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
4. Does the entity have an equal opportunity policy as per the Rights of Persons with Disabilities Act, 2016? No. However, Puravankara Limited is working on framing the above policy.
5. Return to work and Retention rates of permanent employees and workers that took parental leave.
| Gender | Permanent employees | Permanent employees | Permanent workers | Permanent workers |
|---|---|---|---|---|
| Return to work rate | Retention rate | Return to work rate | Retention rate | |
| Male | - - |
- - |
||
| Female | 2% 1% |
- - |
||
| Total | 2% 1% |
- - |
6. Is there a mechanism available to receive and redress grievances for the following categories of employees and worker?
If yes, give details of the mechanism in brief.
| Yes/No (If Yes, then give details of the mechanism in brief) |
Remark | |
|---|---|---|
| Permanent Workers | Yes Through E-mails and face-to-face consultation . |
|
| Other than Permanent Workers | Not Applicable - |
|
| Permanent Employees | Yes Through E-mails and face-to-face consultation . |
|
| Other than Permanent Employees | Not Applicable - |
94 PURAVANKARA LIMITED
7. Membership of employees and worker in association(s) or Unions recognised by the listed entity:
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----- Start of picture text -----
FY 2022-23 FY 2021-22
No. of employees No. of employees
Total / workers in Total / workers in
Category employees respective employees respective
/ workers in category, who % (B / A) / workers in category, who % (D / C)
respective are part of respective are part of
category (A) association(s) or category (C) association(s) or
Union (B) Union (D)
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Total Permanent Employees - Male - Female - Others Total Permanent Workers - Male - Female - Others
Nil
8. Details of training given to employees and workers:
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----- Start of picture text -----
FY 2022-23 FY 2021-22
On Health and safety On Health and safety
Category Total (A) measures On Skill upgradation Total (D) measures On Skill upgradation
No. (B) % (B / A) No. (C) % (C / A) No. (E) % (E / D) No. (F) % (F / D)
Employees
Male 233 117 50.21 116 49.79 171 92 53.80 79 46.20
Female 7 3 42.86 4 57.14 9 4 44.44 5 55.56
Others 0 0 0.00 0 0.00 0 0 0.00 0 0.00
Total 240 120 50.00 120 50.00 180 96 53.33 84 46.67
Workers
Male 1945 876 45.04 1069 54.96 1028 427 41.54 601 58.46
Female 156 133 85.26 23 14.74 76 55 72.37 21 27.63
Others 0 0.00 0 0.00 0 0 0 0.00 0 0.00
Total 2101 1009 48.02 1092 51.98 1104 482 43.66 622 56.34
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9. Details of performance and career development reviews of employees and worker:
| Category | FY 2022-23 | FY 2022-23 | FY 2022-23 | FY 2021-22 | FY 2021-22 | FY 2021-22 |
|---|---|---|---|---|---|---|
| Total (A) | No. (B) | % (B / A) | Total (C) | No. (D) | % (D / C) | |
| Employees | ||||||
| Male | 492 414 84.15 |
437 340 77.80 |
||||
| Female | 173 122 70.52 |
147 110 74.83 |
||||
| Others | - - - |
- - - |
||||
| Total | 665 536 80.60 |
584 450 77.05 |
||||
| Workers | ||||||
| Male | NIL | |||||
| Female | ||||||
| Others | ||||||
| Total |
10. Health and safety management system:
- a. Whether an occupational health and safety management system has been implemented by the entity? (Yes/ No).
Yes
If yes, the coverage such system?
Health and Safety Management system has been implemented by the entity in line with ISO 9001:2015 OHS Management system covers all the current ongoing works, expected future, and works if anything not covered will be reviewed and updated time to time. Few highlights of the OHS Management systems are,
-
Deployment of EHS representative with strong technical background.
-
Evaluating site EHS performance through a well-defined rating system on monthly basis.
-
Monthly EHS committee meeting.
-
EHS Policy defined and effectively implemented.
-
Developed EHS Manual to ensure uniform EHS Standards across all projects.
-
Internal & External audits to ensure adherence to the Process.
-
Laid down process and procedure for Incident investigation, learning from the incidents through repeated trainings.
-
Formats prepared in line with the BOCW Act and other regulatory norms and effective implementation.
-
Annual Best EHS performance award for the projects.
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PURAVANKARA LIMITED
-
b. What are the processes used to identify work-related hazards and assess risks on a routine and non-routine basis by the entity?
-
HIRA for routine & non-routine activity
-
Permit to work system.
-
Regular inspection checklist with respect to works planned.
-
Work closeout meeting
-
Daily EHS observations through site walk-through
-
c. Whether you have processes for workers to report the work related hazards and to remove themselves from such risks. (Y/N)
Yes, we do have processes for workers to report the work-related hazards and to remove themselves from such risks. Few of the reporting systems,
-
During Daily Toolbox talks,
-
Monthly Committee meetings,
-
Suggestion box,
-
Direct discussion with Contractor/ Engineer In-charge
-
d. Do the employees/ worker of the entity have access to non-occupational medical and healthcare services? (Yes/ No)
-
Yes, MOU with nearby multi-speciality hospital.
-
Periodic site inspection by Tie-up hospital doctor about hygienic conditions.
-
Periodical Medical camp
-
Specialized Health camps (TB, HIV, COVID etc.)
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11. Details of safety related incidents, in the following format:
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----- Start of picture text -----
Safety Incident/Number Category FY 2022-23 FY 2021-22
Employees Nil Nil
Lost Time Injury Frequency Rate (LTIFR) (per one million-person hours worked)
Workers Nil Nil
Employees Nil Nil
Total recordable work-related injuries
Workers 89 110
Employees Nil Nil
No. of fatalities
Workers Nil Nil
Employees Nil Nil
High consequence work-related injury or ill-health (excluding fatalities)
Workers Nil Nil
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12. Describe the measures taken by the entity to ensure a safe and healthy work place.
-
The measures are :
-
Provision and maintenance of fire detection , alarm and suppression systems.
-
Regular mock drills for fire as well as medical emergencies
-
Regular site inspections
13. Number of Complaints on the following made by employees and workers:
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----- Start of picture text -----
FY 2022-23 FY 2021-22
Pending
Category Filed during resolution at Pending Remarks Filed during resolution at Remarks
the year the year the end of
the end of year
year
Working Conditions No complaints No complaints
raised raised
NIL NIL
Health & Safety No complaints No complaints
raised raised
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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 |
| Working Conditions | 100 |
“EHS”, which stands for Environment, Health and Safety is part of the scope of our internal audits . One to two projects are assessed for ESH by our audit consultant on a periodic basis .
98 PURAVANKARA LIMITED
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.
The safety related incidents were assessed, investigated and closed with necessary corrective and preventive actions as mentioned below. Refresher training on competency and behavioural based safety practices Ensuring adherence to 100 percent lie off (full body harness) at safe anchorage point while working at height. Ensure implementation of engineering controls to prevent unauthorised operation of tools and equipments .
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).
-
Yes
2. Provide the measures undertaken by the entity to ensure that statutory dues have been deducted and deposited by the value chain partners.
Contractors are required to submit valid PF and ESIC registrations and copies of attendance and wage registers, workmen compensation policy and challans as a proof pf payment of statutory dues on an ongoing basis.
3. Provide the number of employees / workers having suffered high consequence work-related injury / illhealth / 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 |
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 |
No. of employees/workers that are rehabilitated and placed in suitable employment or whose family members have been placed in suitable employment |
|
|---|---|---|---|---|
| FY 2022-23 | FY 2021-22 | FY 2022-23 | FY 2021-22 | |
| Employees | Not Applicable | |||
| Workers |
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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) No, the company does not have any formal policy for transition assistance.
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 | 100 |
| Working Conditions | 100 |
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.
- The value chain partners are required to maintain safe working conditions as per the Supplier's Code of Conduct and general conditions of Contract. The contractors who are working at our project sites are governed by our safety policy. All aspects related to health and safety measures and working conditions including risk identification and corrective measures are common for all the projects and taken care of.
PRINCIPLE 4
BUSINESSES SHOULD RESPECT THE INTERESTS OF AND BE RESPONSIVE TO ALL ITS STAKEHOLDERS
Businesses should prioritize the interests of and be responsive to all stakeholders. Recognizing that success is intertwined with the well-being of employees, customers, communities, and shareholders, companies must engage in inclusive and transparent decision-making processes. By actively listening to and addressing stakeholder concerns, businesses can build trust, foster long-term relationships, and mitigate potential conflicts. Balancing diverse stakeholder interests enables businesses to create sustainable value, promote social cohesion, and contribute to a more equitable and resilient society.
ESSENTIAL INDICATORS
1. Describe the processes for identifying key stakeholder groups of the entity.
All Individuals/groups of individuals or entities which are affected by our operations and services or can influence or have interest in our operations and services are mapped as stakeholders. Key stakeholders are identified basis the influence which a stakeholder has on the company and vice-versa. We further categorise our stakeholders as internal or external basis the nature of association company.
Key Stakeholder Mapping :
-
Internal Stakeholders : Employees and contractual support staff
-
External Stakeholders: Investors, lenders, customers, channel partners, suppliers and other value chain partners, local communities, Government and media
100 PURAVANKARA LIMITED
2. List stakeholder groups identified as key for your entity and the frequency of engagement with each stakeholder group.
| Stakeholder Group | Whether identified as Vulnerable & Marginalized Group (Yes/No) |
Channels of communication (Email, SMS, Newspaper, Pamphlets, Advertisement, Community Meetings, Notice Board, Website), Other |
Frequency of engagement (Annually/ Half yearly/ Quarterly / others - please specify) |
Purpose and scope of engagement including key topics and concerns raised during such engagement |
|---|---|---|---|---|
| Communities | No | Newspaper, website | Periodically | CSR Interventions |
| Investors (Other than | No | E-mail, Website, newspaper, face- | Quarterly | Financial and operational |
| shareholders) | to-face consultations | Performance | ||
| Shareholders | No | E-mail, Website, newspaper, face- | Annually | Financial and operational |
| to-face consultations | Performance | |||
| Employees and Workers | No | E-mail, website, trainings, | Regularly | Operational performance |
| mentoring | and feedbacks | |||
| Customers | No | Advertisement, newspaper, SMS, | Regularly | Status of project, progress |
| Email, website, events | and operational matters |
LEADERSHIP INDICATORS
1. Provide the processes for consultation between stakeholders and the Board on economic, environmental, and social topics or if consultation is delegated, how is feedback from such consultations provided to the Board.
Engagement with stakeholders on environmental, social and governance topics is carried out by the departments which are also responsible for engaging with these stakeholders continuously.
2. Whether stakeholder consultation is used to support the identification and management of environmental, and social topics (Yes / No).
Yes
If so, provide details of instances as to how the inputs received from stakeholders on these topics were incorporated into policies and activities of the entity.
We, at Puravankara Limited, develop projects only after taking appropriate approvals and feedbacks from authorities such as Bangalore Water Supply and Sewage Board(BWSSB), Airport Services Centre, State Level Environment Impact Assessment Authority, Karnataka State Fire and Emergency Services, Bangalore Mass Rapid Transit Ltd. And Airports Authority of India and other such respective municipal authorities.
3. Provide details of instances of engagement with, and actions taken to, address the concerns of vulnerable/ marginalized stakeholder groups.
Not Applicable, since every stakeholder at Puravankara Limited is of equal importance.
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PRINCIPLE 5
BUSINESSES SHOULD RESPECT AND PROMOTE HUMAN RIGHTS
Respecting and promoting human rights is a fundamental responsibility for businesses. By upholding principles of dignity, equality, and non-discrimination, companies can create safe and inclusive work environments. Respecting labor rights, supporting fair wages, and providing opportunities for personal and professional growth demonstrate a commitment to human rights. Additionally, businesses should actively address issues such as child labor, forced labor, and modern slavery within their supply chains. Promoting human rights not only aligns with ethical values but also contributes to sustainable development and long-term business success.
ESSENTIAL INDICATORS
1. Employees and workers who have been provided training on human rights issues and policy(ies) of the entity, in the following format:
| Category | FY 2022-23 | FY 2022-23 | FY 2022-23 | FY 2021-22 | FY 2021-22 | FY 2021-22 |
|---|---|---|---|---|---|---|
| Total (A) | No. of employees/ workers covered (B) |
% (B / A) | Total (C) | No. of employees/ workers covered (D) |
% (D / C) | |
| Employees | ||||||
| Permanent | 665 665 100 |
584 584 100 |
||||
| Other than permanent | NIL | NIL | ||||
| Total Employees | 665 665 100 |
584 584 100 |
||||
| Workers | ||||||
| Permanent | Nil | |||||
| Other than permanent | ||||||
| Total Workers |
2. Details of minimum wages paid to employees and workers, in the following format:
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----- Start of picture text -----
FY 2022-23 FY 2021-22
Total Equal to Minimum More than Minimum More than Minimum
Category Total (D) Equal to Minimum Wage
(A) Wage Wage Wage
No. (B) % (B / A) No. (C) % (C / A) No. (E) % (E / D) No. (F) % (F / D)
Employees
Permanent 665 56 8.42 609 91.58 584 68 11.64 516 88.36
Male 492 45 9.15 447 90.85 437 50 11.44 387 88.56
Female 173 11 6.36 162 93.64 147 18 12.24 129 87.76
Others Other than Nil
permanent
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102 PURAVANKARA LIMITED
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----- Start of picture text -----
FY 2022-23 FY 2021-22
Total Equal to Minimum More than Minimum More than Minimum
Category Total (D) Equal to Minimum Wage
(A) Wage Wage Wage
No. (B) % (B / A) No. (C) % (C / A) No. (E) % (E / D) No. (F) % (F / D)
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| Male | Nil |
|---|---|
| Female | Nil |
| Others | Nil |
| Workers | |
| Permanent | |
| Male | |
| Female | |
| Female | |
| Other than | NIL |
| permanent | |
| Male | |
| Female | |
| Female |
3. Details of remuneration/salary/wages, in the following format:
| Category | Male Number Median remuneration/ salary/ wages of respective category |
Male Number Median remuneration/ salary/ wages of respective category |
Female | Female |
|---|---|---|---|---|
| Median remuneration/ salary/ wages of respective category |
Number | Median remuneration/ salary/ wages of respective category |
||
| Board of Directors (BoD) | 3 2074858 |
0 0 |
||
| Key Managerial Personnel | 9 915048 |
2 685400 |
||
| Employees other than BoD and KMP | 469 73690 |
172 70073 |
||
| Workers | - - |
- - |
4. Do you have a focal point (Individual/ Committee) responsible for addressing human rights impacts or issues caused or contributed to by the business? (Yes/No) Yes
5. Describe the internal mechanisms in place to redress grievances related to human rights issues.
Redressal mechanism has been provided to our employees by encouraging them to raise concern or make disclosures in relation to sexual harassment to entity’s internal POSH Committee.
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6. Number of Complaints on the following made by employees and workers:
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----- Start of picture text -----
FY 2022-23 FY 2021-22
Pending
Category Filed during resolution at Pending Remarks Filed during resolution at Remarks
the year the year the end of
the end of year
year
Sexual Harassment 1 Nil - Nil Nil Nil
Discrimination at workplace Nil Nil - Nil Nil -
Child Labour Nil Nil - Nil Nil -
Forced Labour/Involuntary Labour Nil Nil - Nil Nil -
Wages Nil Nil - Nil Nil -
Other human rights related issues Nil Nil - Nil Nil -
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7. Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment cases.
-
Under Section 12(1) of the POSH Act, in the event that a complainant makes a request to the IC , the IC has the power to recommend interim measures to an employer to protect the complainant during an inquiry, investigation or legal proceeding.
-
On a written request made by the aggrieved person, the internal committee may recommend any of the following :
-
Transfer the aggrieved person or the respondent to any other workplace/site/department/cell.
-
Grant leave to the aggrieved person as deemed necessary in addition to the leave as she would be otherwise entitled.
-
Grant such other relief as recommended by the committee.
8. Do human rights requirements form part of your business agreements and contracts? (Yes/No) No
9. Assessments for the year:
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----- Start of picture text -----
% of your plants and offices that were assessed (by entity or statutory
authorities or third parties)
----- End of picture text -----
| Child labour | 100 |
|---|---|
| Forced/involuntary labour | 100 |
| Sexual harassment | 100 |
| Discrimination at workplace | 100 |
| Wages | 100 |
| Others - please specify | NA |
104 PURAVANKARA LIMITED
10. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from the assessments at Question 9 above.
There is no corrective action needed at this point of time.
LEADERSHIP INDICATORS
1. Details of a business process being modified / introduced as a result of addressing human rights grievances/ complaints.
- We are committed to providing a safe and positive work environment to our employees. Employees have access to several forums where they can highlight matters/concerns faced at workplace. There have been no such grievances till date.
2. Details of the scope and coverage of any Human rights due-diligence conducted. None
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:
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----- Start of picture text -----
% of value chain partners (by value of business done with such partners) that
were assessed
----- End of picture text -----
| Child labour | 100 |
|---|---|
| Forced/involuntary labour | 100 |
| Sexual harassment | 100 |
| Discrimination at workplace | 100 |
| Wages | 100 |
| Others - please specify | 100 |
5. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from the assessments at Question 4 above.
None
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PRINCIPLE 6
BUSINESSES SHOULD RESPECT AND MAKE EFFORTS TO PROTECT AND RESTORE THE ENVIRONMENT
Respecting and protecting the environment should be a top priority for businesses. By adopting sustainable practices and minimizing ecological footprints, businesses can mitigate climate change, conserve natural resources, and preserve biodiversity. Efforts such as implementing renewable energy sources, reducing waste, and supporting reforestation initiatives can contribute to a healthier planet. Recognizing the interconnectedness of business success and environmental well-being, companies must actively engage in environmental stewardship, both for the benefit of future generations and to ensure long-term business sustainability.
ESSENTIAL INDICATORS
1. Details of total energy consumption (in Joules or multiples) and energy intensity, in the following format:
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----- Start of picture text -----
Parameter Please specify unit FY 2022-23 FY 2021-22
Total electricity consumption (A) kWh 986868 725293
Total fuel consumption (B) kWh 2400 -
Energy consumption through other sources (C) kWh 25374 16661
Total energy consumption (A+B+C) kWh 1014642 741954
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Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)
No
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? (Y/N) No
3. Provide details of the following disclosures related to water, in the following format:
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----- Start of picture text -----
Parameter Please specify unit FY 2022-23 FY 2021-22
Water withdrawal by source (in kilolitres)
(i) Surface water Kiloliters - -
(ii) Groundwater Kiloliters 21300 6600
(iii) Third party water Kiloliters 4084 3990
(iv) Seawater / desalinated water Kiloliters - -
(v) Others Kiloliters - -
Total volume of water withdrawal (in kilolitres) (i + ii + iii + iv + v) Kiloliters 25384 10590
Total volume of water consumption Kiloliters 23714 10437
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106 PURAVANKARA LIMITED
Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)
No
4. Has the entity implemented a mechanism for Zero Liquid Discharge?
Yes.
The company provides for sustainable products in the projects which have the ability to recycle and this enables the collection of waste water generated in the washrooms, toilets, kitchens and is treated to acceptable quality. Every project has a Sewage Treatment Plant(STP). Such treated water is used for flushing of the toilets-which reaches the STP and gets recycled. The excess treated water from STP is used for irrigating the plants in the landscape areas. The recycled component of water could be 90%. Water efficient low flow fixtures are being used. Reduced basement footprint and larger landscape areas on natural ground for ground water recharge and percolation.
5. Please provide details of air emissions (other than GHG emissions) by the entity, in the following format:
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----- Start of picture text -----
Parameter Please specify unit FY 2022-23 FY 2021-22
NOx tCO2e NA NA
Sox tCO2e NA NA
Particulate matter (PM) tCO2e NA NA
Persistent organic pollutants (POP) tCO2e NA NA
Volatile organic compounds (VOC) tCO2e NA NA
Hazardous air pollutants (HAP) tCO2e NA NA
----- End of picture text -----
The above details are not being monitored currently.
Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)
No
6. Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity, in the following format:
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----- Start of picture text -----
Parameter Unit FY 2022-23 FY 2021-22
Total Scope 1 emissions ( Break-up of the GHG into CO 2, CH4, N2O, HFCs, PFCs, tCO2e NA NA
SF6, NF3, if available)
Total Scope 2 emissions ( Break-up of the GHG into CO 2, CH4, N2O, HFCs, PFCs, tCO2e NA NA
SF6, NF3, if available)
Total Scope 1 and Scope 2 emissions per rupee of turnover tCO2e NA NA
Total Scope 1 and Scope 2 emission intensity (optional) - the relevant metric may tCO2e NA NA
be selected by the entity
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The above details are not being monitored currently.
Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)
No
7. Does the entity have any project related to reducing Green House Gas emission?
Yes
If Yes, then provide details.
DG Sets used for the projects are complying to CPCB Norms for low emission standards and reducing carbon footprints.
8. Provide details related to waste management by the entity, in the following format:
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Parameter Parameter FY 2022-23 FY 2021-22
Total Waste generated (in metric tonnes)
Plastic waste (A) metric tons 0.206 0.25
E-waste (B) metric tons - -
Bio-medical waste (C) metric tons - -
Construction and demolition waste (D) metric tons 59.745 -
Battery waste (E) metric tons - -
Radioactive waste (F) metric tons - -
Other Hazardous waste. Please specify, if any. (G) metric tons 0.048 0.010
Other Non-hazardous waste generated (H). Please specify, if any. (Break-up by metric tons 100.417 21.76
composition i.e. by materials relevant to the sector)
Total (A+B + C + D + E + F + G + H) metric tons 160.42 22.02
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 metric tons - -
(ii) Re-used metric tons 160.42 22.02
(iii) Other recovery operations metric tons - -
Total metric tons 160.42 22.02
For each category of waste generated, total waste disposed by nature of disposal
method (in metric tonnes)
Category of waste
(i) Incineration metric tons NA NA
(ii) Landfilling metric tons NA NA
(iii) Other disposal operations metric tons NA NA
Total metric tons NA NA
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108 PURAVANKARA LIMITED
Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)
No
9. 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.
- Efficient solid waste management is employed in the projects. Every project has an organized process of segregating the organic and non-organic waste. The organic waste is converted to manure, utilizing environment friendly organic waste converters, thereby ensuring cleaner project premises. Manure is used for landscaping. The procedures adopted for construction ensure reduced waste at site.
10. 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: Not Applicable
11. Details of environmental impact assessments of projects undertaken by the entity based on applicable laws, in the current financial year:
| 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 |
|---|---|---|---|---|
| Purva Business Park | 2006 | 14Th July 2021 | No | Yes |
12. 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).
Puravankara Limited is compliant.
LEADERSHIP INDICATORS
1. Provide break-up of the total energy consumed (in Joules or multiples) from renewable and non-renewable sources, in the following format:
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Parameter Please specify unit FY 2022-23 FY 2021-22
From renewable sources
Total electricity consumption (A) kWh - -
Total fuel consumption (B) kWh - -
Energy consumption through other sources (C) kWh - -
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Parameter Please specify unit FY 2022-23 FY 2021-22
Total energy consumed from renewable sources (A+B+C) kWh - -
Total electricity consumption (D) kWh 999545.5 733749
Total fuel consumption (E) kWh 2400 0
Energy consumption through other sources (F) kWh 25374.2 16661
other sources
Total energy consumed from non-renewable sources (D+E+F) kWh 1027319.7 750410
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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. No
6. If the entity has undertaken any specific initiatives or used innovative technology or solutions to improve resource efficiency, or reduce impact due to emissions / effluent discharge / waste generated, please provide details of the same as well as outcome of such initiatives, as per the following format:
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Details of the initiative (Web-link,
Corrective action taken,
S. No. Initiative undertaken if any, may be provided along-with Outcome of the initiative
if any
summary)
1 Installation of HVAC Equipment Energy efficient HVAC Equipment has Energy efficiency Nil
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| . N 1 |
. Initiative undertaken Installation of HVAC Equipment |
i any, may be provided along-with summary) Energy efcient HVAC Equipment has |
utcome o the initiative Energy efciency |
if any Nil |
|---|---|---|---|---|
| been installed. | ||||
| 2 | Installation of organic waste | Organic waste converter installed for | Waste management | Nil |
| converter | 100% waste | |||
| 3 | Installation of energy efcient | Solar hot water panel, energy efcient | Energy efciency | Nil |
| equipment | air conditioning, Electrical, PHE, FPS | |||
| & control system ensured. Low loss energy efcient transformers to limit the |
||||
| transformer loss, Lower LPD by selection of energy efcient LED Light fxtures, high efciency and low water consuming fxtures are in place. |
||||
| 4 | Use of LED Lights | Use of High-efcient LED Lights to | Reduction in power | Nil |
| reduce power consumption | consumption | |||
| 5 | Use of Copper Wound Transformer | Our design proposes use of copper | Better efciency in terms of | Nil |
| wound transformer to minimize the | distribution | |||
| losses and better efciency in terms of | ||||
| distribution |
110 PURAVANKARA LIMITED
8. 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. Not Applicable
9. Percentage of value chain partners (by value of business done with such partners) that were assessed for environmental impacts.
None
PRINCIPLE 7
BUSINESSES, WHEN ENGAGING IN INFLUENCING PUBLIC AND REGULATORY POLICY, SHOULD DO SO IN A MANNER THAT IS RESPONSIBLE AND TRANSPARENT
When engaging in influencing public and regulatory policy, businesses must prioritize responsible and transparent practices. Acting ethically and with integrity is crucial to maintain public trust and ensure fair decision-making processes. Transparency in lobbying efforts, disclosure of political contributions, and adherence to ethical guidelines promotes accountability and prevents undue influence. By engaging responsibly, businesses can contribute to the creation of sound policies that benefit society as a whole, while fostering a more open and democratic governance system.
ESSENTIAL INDICATORS
1. a. Number of affiliations with trade and industry chambers/ associations. Three
- b. List the top 10 trade and industry chambers/ associations (determined based on the total members of such body) the entity is a member of/ affiliated to.
| S. 1 |
No. Name of the trade and industry chambers/ associations Confederation of Indian Industry |
Reach of trade and industry chambers/ associations (State/National) National |
|
|---|---|---|---|
| 2 | Confederation of Real Estate Developers Association of India(CREDAI) | National | |
| 3 | Bangalore Chamber of Industry and Commerce(BCIC) | State |
2. Provide details of corrective action taken or underway on any issues related to anti-competitive conduct by the entity, based on adverse orders from regulatory authorities.
There is no action taken or underway against Puravankara Limited on any issues related to anti-competitive conduct.
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PRINCIPLE 8
BUSINESSES SHOULD PROMOTE INCLUSIVE GROWTH AND EQUITABLE DEVELOPMENT
Promoting inclusive growth and equitable development is essential for businesses today. By ensuring equal opportunities for all, businesses contribute to a more just and prosperous society. Embracing diversity and inclusion within the workforce fosters innovation and enhances decision-making processes. Moreover, implementing fair labor practices, supporting local communities, and minimizing environmental impacts can create sustainable and resilient business models. Emphasizing inclusive growth not only benefits marginalized groups but also strengthens the overall economy, fostering long-term success and social well-being.
ESSENTIAL INDICATORS
1. Details of Social Impact Assessments (SIA) of projects undertaken by the entity based on applicable laws, in the current financial year.
- No Social Impact Assessments were undertaken by the entity in the current financial year.
2. Provide information on project(s) for which ongoing Rehabilitation and Resettlement (R&R) is being undertaken by your entity, in the following format: Not Applicable.
3. Describe the mechanisms to receive and redress grievances of the community.
- Local communities can raise their grievances via dedicated e-mail ID/phones and we also facilitate easy accessibility for providing the alternative to reach out to our business development officers at our local site offices.
4. Percentage of input material (inputs to total inputs by value) sourced from suppliers: Not being monitored currently.
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): Not Applicable
2. Provide the following information on CSR projects undertaken by your entity in designated aspirational districts as identified by government bodies:
- None.
112 PURAVANKARA LIMITED
3. Do you have a preferential procurement policy where you give preference to purchase from suppliers comprising marginalized /vulnerable groups? (Yes/No)
- No, Quite a few products like Electrical panels, Aggregates, pre-fabricated steel items, grills etc., ready mixed concrete, solid concrete blocks, Doors are sourced from local SME/MSME vendors. We have close to 50 active SME/MSME vendors listed with us. We have been working closely with them to provide technical inputs and upgrade their capabilities.
4. Details of the benefits derived and shared from the intellectual properties owned or acquired by your entity (in the current financial year), based on traditional knowledge: Not Applicable
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. Not Applicable
6. Details of beneficiaries of CSR Projects:
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S. No. CSR Project Purpose and objective No. of persons benefitted
1 Median and Park Puravankara has adopted eight medians and parks located at CBD Area in Can’t be quantified
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| 1 | Median and Park | Puravankara has adopted eight medians and parks located at CBD Area in | Can’t be quantifed |
|---|---|---|---|
| maintenance | Bangalore, from BBMP under PPP Model . | ||
| 2 | Jayadeva Memorial | Renovation and extension of Jayadeva Memorial Rastrotthana Trust Hospital, | Can’t be quantifed |
| Rastrotthana Trust | located at RR Nagar, Bangalore | ||
| 3 | Biome Environment Trust | Rain water harvesting with the objective of water conservation in Goa and | Can’t be quantifed |
| Bangalore | |||
| 4 | Protean-Vidyasarathi | Scholarship to under graduation at Goa, Pune and Chennai | 69 students |
| 5 | Mulki Sunder Ram Shetty | Donation towards construction of Convention Centre which would be used | - |
| Memorial Trust | for education/skill development of students from poor economic background. | ||
| 6 | Academy For Mentally | Develop vocational skills for specially abled kids | - |
| Challenged | |||
| 7 | Vidyaniketan | Donation towards students’ education | 230 students |
| 8 | Miyawaki forest with | Aforestation through Miyawaki method | - |
| Vidyaniketa006E | |||
| 9 | Khel Khel Mein | After school care centres In underprivileged community | 120 students |
| 10 | Cuddles Foundation | Providing nutritious food for kids undergoing cancer treatment | - |
| 11 | Bharatiya Vidya Bhavan | Construction of Kalabharati Classrooms | - |
| 12 | Government Higher Primary | Donation of Laptops, projector, desktop, books and stationaries. | - |
| School , Krishnaiah Palya- | |||
| Bangalore |
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PRINCIPLE 9
BUSINESSES SHOULD ENGAGE WITH AND PROVIDE VALUE TO THEIR CONSUMERS IN A RESPONSIBLE MANNER
In today's dynamic business landscape, it is imperative for companies to prioritize responsible consumer engagement and value creation. Businesses should actively interact with their customers, understanding their needs and preferences, and strive to provide products and services that enhance their well-being. Embracing responsible practices ensures ethical decision-making, fosters long-term relationships, and builds trust with consumers. By prioritizing the interests and satisfaction of their customers, businesses can contribute to a sustainable and mutually beneficial relationship, ultimately driving their own success and societal progress.
ESSENTIAL INDICATORS
1. Describe the mechanisms in place to receive and respond to consumer complaints and feedback.
A clear escalation matrix prevails wherein the reporting manager fields the call/ email if the primary agent is unable to clarify the query satisfactorily. Over that project specific matrix, there is a centralized contact Centre that handles escalations.
Level 1 – call - +91-80-67724001 | 1-860-208-0000
Level 2 – CRM/CSD email box
- Level 3 – Nodal desk email box
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 NOT APPLICABLE Safe and responsible usage Recycling and/or safe disposal
114 PURAVANKARA LIMITED
3. Number of consumer complaints in respect of the following:
| FY 2022-23 (Current Financial Year) |
FY 2022-23 (Current Financial Year) |
FY 2021-22 (Previous Financial Year) |
FY 2021-22 (Previous Financial Year) |
Remarks | |
|---|---|---|---|---|---|
| Received during the year |
Remarks Pending resolution at end of year |
Received during the year |
Pending resolution at end of year |
||
| Data privacy | Nil | ||||
| Advertising | |||||
| Cyber-security | |||||
| Delivery of essential services | |||||
| Restrictive Trade Practices | |||||
| Unfair Trade Practices | |||||
| Other | 30 20 To be resolved 25 - Resolved |
4. Details of instances of product recalls on account of safety issues:
- Not Applicable
5. Does the entity have a framework/ policy on cyber security and risks related to data privacy? (Yes/No) Yes
If available, provide a web-link of the policy.
https://www.puravankara.com/it/
- Yes. Our Commitment to privacy is supported with IT Policies on software usage, password management and information security. We also have a cyber security incident report process.
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. None. No such issues were raised.
LEADERSHIP INDICATORS
1. Channels / platforms where information on products and services of the entity can be accessed (provide web link, if available).
- Information on our products and services can be accessed on our website and our social media pages such as Facebook and Instagram.
https://www.puravankara.com/
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2. Steps taken to inform and educate consumers about safe and responsible usage of products and/or services.
Not Applicable
3. Mechanisms in place to inform consumers of any risk of disruption/discontinuation of essential services.
- Consumers are informed through updation of information on our website, social media , through SMS and e-mails.
4. Does the entity display product information on the product over and above what is mandated as per local laws? (Yes/No/Not applicable)
Not Applicable
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? (Yes/No)
Yes. Survey is conducted through IVR Calls, feedback is received through Surveymonkey link and possession feedback forms are collected at the site, at the point of handover.
5. Provide the following information relating to data breaches:
- a. Number of instances of data breaches along-with impact
No data breaches occurred.
- b. Percentage of data breaches involving personally identifiable information of customers
None