Operating Leverage and Recent Developments
Our ESG Efforts
ENVIRONMENTAL
Climate Change
3.5 Lac+ Trees Saved
(From FY'18 to Q1'23)
Through paperless communication with
customers
FY'22
FY'18
FY'19
FY'20
FY'21
29,381
39,664
55,434 69,747
119,718
FY'23
till Jun
36,815
oscard
Pehel
Sankalp Taru Pehel
Inauguration of solar powered
irrigation system for trees
Gurugram
Project Bhavnam: Begun plantation drive in Aravali's
(Gurugram) with a mission of planting 30k trees by 2024
Waste Reduction & Energy Consumption
Continued awareness amongst employees on
avoiding food wastage & energy saving
Energy consumption reduction measures
like installation of timer switches, stabilizers, etc
undertaken in Gurgaon, Ahmedabad and Pune offices.
SOCIAL
Employee Learning & Development
Empowered 400+ employees
for their career advancement by upskilling them via Data
science learning programs
6700+ learning hours
by full-time employees
Employee Engagement & Welfare
Increased to INR 5 Lacs
Insurance coverage to employees with added benefits
Wellness Session
Celebrated International Yoga Day by providing virtual
Sessions on Desk Yoga to all employees
For Communities
Maternal and Child Mortality and Morbidity
Project undertaken to provide medical equipment to hospital
in Palwal benefiting approx. 5,000 mothers and newborn in
next 5 years
Disaster Management
Project with Round Table India Trust to support 2600
stranded families affected by floods in Assam for a month
with necessities
OSBI Card
GOVERNANCE
Corporate Governance
ESG added in Terms Of Reference of
the CSR Committee; renamed as
Corporate Social Responsibility & ESG
Committee.
Business Ethics, Anti-corruption &
Bribery
Employee Awareness
On ethical conduct, vigil mechanism policy and
compliance risk reporting
100% coverage
Annual refresher on code of conduct and conflict of
disclosure for employees
Compliance Open Forum
Open Interaction opportunity for employees for
interaction with Compliance Leader
Responsible Digitalization
Leveraging advanced technology
For newer ways of fraud controls amongst new &
existing card users
19View entire presentation