The company Zee Entertainment Enterprises Limited, in its official release, presented the BRSR of 2023-24 detailing its rich sustainability work and frameworks of corporate governance. It was one of the mandatory steps in ZEEL’s Annual Report that was a mandatory requirement as envisaged by the SEBI (Listing Obligations and Disclosure Requirements). It gives the reader of this report a sense of the sustainability objectives and achievements of ZEEL and strategies for addressing the evolving nature of the regulatory landscape as well as industry challenges.
The report states the main operations operating around content generation and transmission by broadcast and digital media distribution at ZEEL. 28 Indian states, along with eight union territories, constitute operations that cover more than 190 countries overseas. Content and broadcasting contribute nearly 90% of its income for ZEEL, which clearly explains why they are important for strategic purposes. Disclosures under BRSR provided by ZEEL on a standalone basis are certified from TÜV SÜD South Asia Pvt. Ltd. with limited assurance.
Employee health, safety, and ethics have been the backbone of ZEEL’s sustainability initiatives. The company states to have an integral occupational health and safety management system with full health insurance coverage for all employees. ZEEL measurements also include risk management at the workplace through continuous safety audits and programs designed to educate employees. The corporation also required an ethical framework comprising rules of conduct, anti-bribery policies, and human rights initiatives for transparent, responsible business conduct.
The report of ZEEL elaborates its ESG risks and opportunities with an emphasis on digital privacy, cybersecurity, and employee engagement. The company has demonstrated sustainable practices through data privacy protocols, cybersecurity measures, and ethical guidelines. BRSR also reveals the management of environmental impacts by controlling the level of greenhouse gas emissions and resource efficiency enhancement. It ends the discussion with continuous improvement and adaptation towards a changing market condition for ZEEL.
BRSR 2023-24 for ZEEL is an example of an all-around approach towards sustainability that responsible business practice undertakes within the firm. ZEEL has achieved ESG challenges through data privacy, employee well-being, and environmental impacts to commit to a resilient business model. It is also showing commitment to addressing stakeholder concerns along with being compliant with regulatory standards while growing the business in a competitive market.
Source: BRSR