Key Takeaways
- First BRSR filed, baseline year: TCC Concept submitted its inaugural Business Responsibility and Sustainability Report for FY 2024-25, establishing the baseline against which all future ESG targets will be measured.
- ESG governance structure built from scratch: An ESG Steering Committee now reports to the Board, governance policies were comprehensively revised, and ESG checklists were introduced for real-time compliance tracking.
- Targets set but timelines absent: The company committed to reducing energy consumption by 10%, water consumption by 10%, and waste-to-landfill by 20%, though no achievement dates were disclosed.
- AI and data centre sustainability in focus: Plans include periodic AI algorithm efficiency audits for the TryThat.ai platform and expanding emissions inventory to Scope 1 and 3 in the next reporting cycle.
- What to watch next year: Whether specific timelines attach to the 10/10/20 targets, whether Scope 1 and 3 data materializes, and whether the 53.19% employee turnover rate improves as performance management systems mature.
ESG Governance & Policy Build-Out
- First-time reporting: FY 2024-25 marks TCC Concept's first BRSR filing under SEBI Regulation 34(2)(f), so prior-year comparatives are absent throughout the report.
- Governance infrastructure: An ESG Steering Committee was established, reporting to the Board and meeting annually; comprehensive revisions covered the Anti-Corruption and Anti-Bribery Policy, Conflict of Interest Policy, and Fraud Detection and Prevention Policy.
- Compliance tracking: ESG governance checklists were introduced for internal teams, enabling real-time monitoring of compliance indicators across the group.
- Human rights embedded: 100% of employees received human rights training covering non-discrimination, prevention of harassment, workplace conduct, and freedom of association; human rights requirements are now integral to business agreements, with formal documentation for supply chain partners in process.
- Grievance channels: A multi-channel redressal mechanism is in place, including an online form, email, toll-free hotline, written complaint, and in-person options, accessible in English, Hindi, and other vernacular languages.
Environmental Commitments & Gaps
- Targets set, timelines open: The company set goals to reduce energy consumption by 10%, water consumption by 10%, and waste generation ending in landfill by 20%, but no specific achievement timeline was provided.
- Energy blind spot: NES Data Private Limited's data centre is the highest energy consumer but falls outside Scope 1 and Scope 2 because the company provides only site management services and does not operate the facility. Plans are underway to expand the emissions inventory to include Scope 1 and Scope 3 in the next reporting cycle.
- Water and waste pilots: A pilot for low-flow water fixtures was initiated and rainwater harvesting feasibility is being explored; the 6R waste policy (Refuse, Reduce, Reuse, Recycle, Recover, Responsible Disposal) is fully implemented at AltRr Software Services and partially deployed at NES Data.
- Environmental compliance clean: Zero incidents of environmental non-compliance or regulatory fines were reported, and the company committed to regular environmental risk assessments for new projects.
Social & Workforce Metrics
- Employee turnover at 53.19%: The year-on-year turnover rate stood at 53.19%, which the company attributes in part to work-life balance initiatives.
- Performance management in transition: The company is still developing standardized KRAs and KPIs for all employees; a new platform has been deployed for goal-setting and tracking via self and managerial review, but FY 2024-25 data is marked "Not available."
- Training split: 100% of employees and workers received health and safety training, while 37.29% of employees received skill upgradation training and 0% of workers received any.
- Safety record clean: No safety incidents, fatalities, lost-time injuries, recordable injuries, or high-consequence injuries were reported for FY 2024-25.
- Accessibility gap: The company is attempting to sensitize landlords to make leased premises accessible for differently abled persons, with no resolution timeline stated.
Supply Chain & Sourcing
- Domestic and MSME-heavy: 100% of sourcing is done directly from within India, and 82% of suppliers are registered MSMEs; baseline mapping of supply chain partners was initiated to assess MSME engagement levels.
- Sustainable sourcing still formative: The company is in the process of assessing vendors to measure and monitor the percentage of inputs sourced sustainably, with no data yet available.
- Vendor ESG programs planned: Plans include launching vendor training programs to support ESG onboarding, contract compliance, and performance benchmarking for smaller suppliers.
AI & Product Responsibility
- Algorithm efficiency audits planned: TCC Concept intends to introduce periodic AI algorithm efficiency audits for the TryThat.ai platform, evaluating computational complexity to enhance processing speed while reducing energy consumption.
- Green AI metrics: The company aims to develop metrics measuring estimated carbon emissions per computational task, promoting principles of Green AI.
- Product stewardship: Every product and service undergoes review for safe usage, ethical design, and compliance with digital accessibility standards; AI-based platforms are continuously evaluated for bias, fairness, and explainability.
- Zero incidents: No data breaches, cybersecurity incidents, or forced/voluntary product recalls were reported.
Guidance & Commitments
| Commitment | Specifics | Timeline |
|---|---|---|
| Emissions inventory expansion | Expand to include Scope 1 and Scope 3 emissions | Next reporting cycle |
| ESG targets with timelines | Identify specific goals, targets, and defined timelines through data collection, stakeholder consultation, and risk assessment | Subsequent reporting years |
| AI algorithm efficiency audits | Introduce periodic audits for TryThat.ai focused on computational complexity and energy consumption | No date (planned) |
| Green AI metrics | Develop metrics to measure estimated carbon emissions per computational task | No date (planned) |
| Vendor training programs | Launch programs for ESG onboarding, contract compliance, and performance benchmarking for smaller suppliers | No date (planned) |
| Environmental risk assessments | Conduct regular assessments for new projects | Ongoing commitment |
Key Metrics
| Metric | Q1 FY26 |
|---|---|
| Revenue from operations | ₹83,400 cr (per an analyst's math), energy intensity of 0.000166 per rupee of turnover |
| Paid-up capital | ₹35,67,25,080 |
| Permanent employee turnover rate | 53.19% total, Male 49.06%, Female 58.54% |
| Gross wages paid to females as % of total wages | 23.04% |
| Purchases from trading houses as % of total purchases | 81.64% |
| Sales to related parties as % of total sales | 41.97% |
| Loans and advances to related parties as % of total | 84.43% |
| Input material sourced from MSMEs/small producers | 82% directly sourced |
| Input material sourced from within India | 100% directly sourced |
| Total energy consumed | 1,38,369.6 Megajoules, entirely from non-renewable sources |
| Total Scope 2 GHG emissions | 27.48 metric tonnes of CO2 equivalent |
| Total water consumption | 4,865 kilolitres, sourced from third-party providers |
| Total waste generated | 11,756.72 metric tonnes, comprising Plastic 4,868.80 MT, Hazardous 1,797.16 MT, Non-Hazardous 5,090.76 MT |
| Number of permanent employees | 59, 38 male and 21 female |
| Number of other than permanent workers | 24, 14 male and 10 female |
| Cost incurred on employee well-being as % of total revenue | 0.02% |
| Number of days of accounts payables | 30 days |