ESG Strategy – Goals and Targets by Kogta Financial for 2030
ESG Strategy
KFL’s sustainability strategy or ESG framework is structured around three fundamental pillars i.e., Responsible, Empower & Accountable. These pillars are further divided into twelve focus areas encompassing ESG aspects.
KFL has established goals for 2030 within each focus area and has crafted a roadmap to guide its endeavours toward achieving these objectives. The organisation is committed to monitoring its progress against these targets and disclose its performance publicly, providing stakeholders with transparent insights into its sustainability efforts.
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| Pillar | Focus Areas | Goals for 2030 |
| Sustainable Operations | 25% reduction in carbon emission intensity – Scope 2 (tonnes per rupee of turnover) | |
| Responsible Finance | Establish an approach for financial inclusion based on the fundamental principle of 5A’s (Adequacy, Availability, Awareness, Affordability and Accessibility) | |
| Responsible | Customer Experience | Reach 60% of current customers to gather feedback, gauge satisfaction, and meet additional financial service needs |
| Human Capital Development | • Training and development target of 3 man-days per employee per year
• Achieve 10% gender diversity ratio |
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| Employee Wellbeing | – | |
| Workplace Health & Safety | Attain a safety-first workplace culture | |
| Empower | Corporate Social Responsibility | Establish a prominent presence in education & skill development programmes to foster employment and livelihood |
| Regulatory Compliance | End-to-end integration of technological solutions for compliance management | |
| Governance & Business Ethics | Establish a culture of accountability & transparency | |
| Risk Management | Robust risk management framework aligning with business objectives and strategic priorities | |
| Cyber Security & Data Privacy | Ensure 0% data breaches in customer data protection by deploying the latest multi-layer protection technology and encryption tools | |
| Accountable | Digital Transformation | Achieve 90% digitisation in Business processes |
