ESG Highlights

Societal impact and Environmental, Social and Governance (ESG) matters are steadily gaining prominence among stakeholders.
At ICICI Securities, we are creating a strong foundation for effective management of ESG matters through our robust, responsible and transparent governance practices and integrating them into our business operations and strategy. We are also embedding relevant matters into our risk management framework and product and service offerings to enhance our performance on these parameters, while benefiting our diverse stakeholders.

ESG is an extension of our commitment to think beyond profit and address the challenges of society while adopting responsible practices in every aspect of our business. During the year, we have made steady progress in bringing a meaningful difference to our stakeholders.

We have continued to launch innovative products and services to meet the diversified and evolving needs of our customers alongside investing in contemporary digital technology to improve service excellence and protect customer data. Effective use of technology also facilitated in delivering unrestricted access to our customers during the COVID-19 pandemic, when volumes had reached unprecedented peaks. We are empowering our business partners with better technology infrastructure which helps serve our customers and ensure sustainable business growth and provide them with the necessary support and training across our journey of growth.

We are steadily progressing on our aspirations of creating a workplace of achievers with a sustained focus on meritocracy. We continue to train, develop, and undertake engagement and wellbeing activities to keep them motivated. We ensured their safety during the COVID-19 pandemic by facilitating Work From Home and implementing necessary safety protocols for those working at office.

We are a strong advocate of environment sustainability and community prosperity and have aligned ourselves with the United Nations Sustainable Development Goals. Our corporate motto remains to Reduce, Recycle and Reuse. Towards this end, we have undertaken several measures to reduce energy and water consumption, minimise our carbon footprint and ensure responsible use of resources.

We are undertaking initiatives to create sustainable livelihood opportunities for the marginalised sections of society, promote education, overall wellbeing and good health. As a small step, we distributed protective kits to the police personnel in Maharashtra to combat the spread of the Novel Coronavirus pandemic.

Further, we underline our prominence on conducting business responsibly, transparently and ethically at all times. Our Board of Directors are actively involved in strengthening our governance function and lead from the front to set an example for the entire organisation. The Board's independence, presence of diversified and skilled directors, implementation of strong policies enable us to enhance stakeholders' trust and ensure adherence to regulations. We have robust policies on Anti-Bribery & Anti-Corruption, Code of Business Conduct and Ethics, Whistle Blower, Prohibition of Insider Trading, Prevention of Sexual Harassment, Preventing Fraud and Anti-Money Laundering, and Information Security Management and Cyber Security and Cyber Resilience. Our policies and frameworks are implemented rigorously and reviewed periodically in addition to being benchmarked to global best practices. We have also established a comprehensive risk management and internal controls systems along with policies, procedures and standards to effectively mitigate all risks.

Key ESG highlights for FY2020

144.4 Mn

CSR spend

96,867

Hours of training to employees

~4,20,000+units

Reduction in power consumption in FY2020 against FY2019

3,678

Decline in number of travel trips led by use of digital conferencing