Business Responsibility Reporting

www.general-carbon.com

Leading player in Energy and Sustainability Services

Led more than 500 sustainability service offerings( CSR, EIAs, LCAs, CDM, Environmental Finance etc.)• Sectors( Energy and Infrastructure, Mines and Metals, Manufacturing, Habitats,

Forestry, Agriculture) and • Geographies (India, Srilanka, Thailand, Philippines, Indonesia, Nigeria, Kenya,

Tanzania)• Clients (Governments, Multilaterals, UN, Business groups, NGOs)

Delivered more than 500 million USD benefits to clients

Operating across India, South East Asia and Africa

About Us


RSM International is the 7th largest network of independent audit, tax & advisory firm in the world with over USD 4 billion in fee income and presence in over 700 offices in 103 countries

RSM Astute is the 6th largest accounting and consulting group in India has 1000 people strength and located in 19 offices in 13 cities with delivery capabilities in 90+ cities

Some Clients of RSM Astute


Towards Sustainable Business..phase wise approach : Growing with clients , Partnering at all stages of business ,Handholding to address Energy, Environment and Social functions

*World Commission on Environment & Development

Compliance

Risk Management

Sustainability Business Transformation

Sustainable business

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Addressing Sustainability and Climate Imperatives

Long term shareholder valueSEEG Risk

Our service offering viz. integrated and stand- alone that will help you:


Our Service Offerings

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Why - Business Responsibility Reporting?


New Regulatory Landscape covering Business Responsibility in India


No. 14/4/2012-IICA (CSR)Government of of Corporate AffairsThe National Voluntary Guidelines (NVG) on Social, Economic and Environmental Responsibilities of Business

India mandates what is voluntary in many countries? To improve transparency, governance and inclusion?

Introduction to Business Responsibility


Equator Principles

• The Equator Principles (EPs) is a credit risk management framework for determining, assessing and managing environmental and social risk in Project Finance transactions.

• The EPs are based on the International Finance Corporation Performance Standards on social and environmental sustainability and on the World Bank Group Environmental, Health, and Safety Guidelines (EHS Guidelines).


NVG/SEBI Guidelines

A company’s performance will be measured, tracked and reported on financial and non – financial metrics - SEEG


Fortune 100- Do they report?

Sr.No. Deciles Sustainability

Reports # Using

GRI

1 Companies 1 to 10 10 9










Total 59 38


Relevance – Business case


Benefits

Gill James, Head of Sustainability Standard Chartered Bank says, ‘You have to approach sustainability as a core business issue – and then you see the real benefits.’*


Who are Stakeholders ?

On what aspects is business accountable? Reporting responsibly involves understanding the impacts of your policies, decisions, actions, products and associated performance on various stake holders and to report, explain and be answerable to stakeholders for decisions, actions and performance – AA 1000


Sustainability Linkage Map

Sustainability linkage map including both social and financial consequences of the company. Arrows 1 & 2 shows different places/time where actions can be performed and arrow 3 shows that

reactions can have impact on corporate financial performance and as feedback to revise corporate strategies.


What to Report ?SEBI indicates what to report. It does not give any indicators to monitor, measure and report .

How to Report ?Unlike GRI, SEBI mandates Business Responsibility Report along with Annual Report for the same entityBeing Silent, SEBI mandates that the reporting entities follow the same reporting principles as that of financial reports or indirectly indicates that follow GRI reporting principles.


Business Responsibility Reporting is not just reporting what you have been doing but doing new things or in new way

It is about business transformation - new ways balancing value, being accountable to generate NET Value


Business Responsibility Reporting – Key metrics

Understanding of the risks and opportunities facing the business

Identification of topics that are relevant and merit reporting based on materiality, stakeholder inclusiveness, sustainability context and reporting boundary.

Ensuring a balanced and reasonable presentation of the organisations sustainability performance. This determination must be based on the organisation’s reporting purpose and experience, and reasonable expectation of its stakeholders.


Our approach and Scope of Work


Our Approach to the Engagement

DIAGNOSTIC STUDY

•Gap Report – “AS-IS” to SEBI / GRI & Sector Good Practice• First SEBI BRR

SUSTAINABILITY STRATEGY / POLICIES / TARGETS DEVELOPMENTS

• Stake Holder Engagement• Vision a future State (To–Be)• Articulate policies – Strategic direction

BUSINESS RESPONSIBILITY INDICATORS / TARGETS

• Drill down strategic direction to KRA’s

BUSINESS RESPONSIBILITY PERFORMANCE MANAGEMENT SYSTEMS

DEVELOPMENT & DEPLOYMENT

• Develop process, systems and controls to measure, manage and monitor BR performance across the enterprise•Deploy the process, systems & controls

BUSINESS RESPONSIBILITY PERFORMANCE MANAGEMENT SYSTEMS

PERIODIC REVIEW

• Review & Assess the progress made towards (TO-BE) from (AS-IS)

BUSINESS RESPONSIBILITY REPORT PREPARATION & MOCK AUDIT OF REPORT

• Strategy, structure and content of BR Reporting

DEVELOPMENT OF REPLICATION STRATEGY (MANUAL PREPARATION &

CAPACITY DEVELOPMENT)

• Documentation of BR performance management system• Training sessions to Executive & Operations management


Expertise. Experience. ValueA medium scale business in foundry sector with operations in India and US and with significant US/EU linkages wanted us to develop a sustainability management performance system

Background: The business units already have management systems based on ISO 9000 and 14000 that covered quality and environment. Hence the group is adept at continuous improvement systems

Outcomes: (a) Sustainability policy, vision, objectives/policies (28 in number)after identifying critical sustainability aspects that impact their business growth and articulated by their investors and customers.

(b)Creation of a sustainability function and team. Target setting / KPIs. (c ) Capacity Building (d) Sustainability Performance Management System Deployment (e) Monitor, Review (f) Disclosures

.

AIA Engineering Ltd, Tata Steel, Tata Chemicals and rest of the Group, ITC, Jubilant Life Sciences

www.general-carbon.com 23

Advantage RSM GC Advisory

• Leadership team with expertise and extensive consulting experience, more than 500 sustainability service offerings; developed over 250 emission reduction projects with a potential of >400 million CERs; assisted and advised over 8000 MW power project portfolio & over 2000 MW wind power projects, over 350 MW REC projects; delivered value of over US$ 500 Million to businesses in India

• Leadership team with expertise and extensive consulting experience, more than 500 sustainability service offerings; developed over 250 emission reduction projects with a potential of >400 million CERs; assisted and advised over 8000 MW power project portfolio & over 2000 MW wind power projects, over 350 MW REC projects; delivered value of over US$ 500 Million to businesses in India

LeadershiLeadership Teamp Team

• Active participation in policy formulation and thought leadership• Active participation in policy formulation and thought leadershipPolicy Policy

FormulatiFormulationon

• Strong track record of project delivery, combined with risk mitigation and structuring capabilities

• Strong track record of project delivery, combined with risk mitigation and structuring capabilities

Strong Strong Track Track

RecordRecord

• Working experience in diverse geographies & sectors, and a potent combination of technical & financial resources• Working experience in diverse geographies & sectors, and a potent combination of technical & financial resources

Diverse Diverse Work Work

ExperiencExperience e


Clientele

Carbon Disclosure EngagementsSustainability Disclosure Engagements

External Assurances for Sustainability Reports

Our Global Footprint


Assurance Statements: TATA Steel


Assurance Statements: ITC


Clientele


……………..and some more


Team Profile Rambabu Paravastu, Ph D, CEO

Dr. Rambabu has been a thought leader in the Asian Sustainability and Climate Change movement, his previous roles include Managing Director at CantorCO2e Asia and Head of Sustainability and Climate Change practice at PricewaterhouseCoopers, Asia. Dr. Rambabu has over 25 years of experience in consulting, research and teaching in governance, sustainability, and climate change. He has led over 200 assignments sponsored by the Ministry of Environment and Forests (MoEF), Ministry of Science and Technology (MoST), World Bank, UNDP and various national and international organizations.

Satish Kashyap, Co-Founder & Director

Satish has over a decade of experience in Capital Markets, M&A and Strategy. Satish led product development for equity, commodity and derivative markets at the National Stock Exchange of India Group. Satish was Director, SunGard and investment manager for a USD 400 million private equity fund investing in Infrastructure and Real Estate. Satish Kashyap is a post-graduate in Management from the ISB, Hyderabad and holds a BE from the University of Mumbai.

R P Sharma (RP), Director – New Delhi

RP holds a master’s degree in Chemical Engineering with 36 years of experience in the field of energy and environmental management. He has worked in past for Hindustan Zinc Limited, Triveni Engineering Works Ltd, Hindustan Dorr-Oliver Ltd, Tata Steel & CantorCO2e. He has been the Chief of Environmental Management in Tata Steel.


Team Profile• Anupam Das-Purkayastha , Director

Anupam is a post-graduate in Physics. He has been involved in CDM projects and entrepreneurial initiatives wherein he has successfully set up an environmental consultancy organization and led transaction services. Anupam has twenty years of work experience including heading multiple profit centers working with European, U.S. and Indian clients.

• Betsy Vincent, Vice President

Betsy has 12 years of experience with the corporate and nonprofit sectors. Betsy has worked with Bennett Coleman & Co. & International Resources for Fairer Trade(nonprofit institution) she was responsible for marketing of the fair trade concept, fund raising, training, and business development services. She has also developed GHG emission reduction projects in the community and agriculture sector. Betsy holds a Master’s degree in Management Studies. She has extensively worked with communities across India.

• Pravin Jadhav, Asso. Vice President

Pravin is a post graduate chemical engineer with more than Eight years of experience across research and industry. He pursued his research at the National Chemical Laboratory and National Environmental Engineering Research Institute. Pravin has published eight research papers ;has contributed to India’s Initial National Communication to the UNFCCC and has registered about 25 CDM projects with UNFCCC working across the globe in India, Thailand, Indonesia and Africa.

• Akash Mokhriwale – ManagerAkash holds a post graduate diploma in Industrial Safety & Environmental management(PGDISEM) from NITIE and Bachelor of Engineering(Electronics & Communications). Akash has collective work experience of over 3 years, designing safety systems in plant engineering, energy and environmental management. He is also an certified internal auditor for OHSAS 18001:2007.


Sustainability. Value. Delivered.April 13, 2023

Partner for Sustainability Transformation

RSM GC Advisory Services Pvt. Ltd.

5th floor, Great Social Building 60, Sir Pherozeshah Mehta Road, Fort Mumbai, Maharashtra 400001, India

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Business Responsibility Reporting

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