Environmental Consciousness
Managing our impact on the climate is key to transitioning to a carbon-neutral business.
Responsible operations and management of waste in compliance with regulations.
Green Building
We have constructed our new office buildings at Guindy under the supervision of a green consultant to imbibe Green Building Principles. We are targeting Gold LEED Certification.
Sensor based lights at Head office.
Waste Management
Our Company has the practice of waste disposal through approved vendors for the following categories of waste.
Plastics
E-waste
Other Non-hazardous
Environmental Initiatives
- Reduced Energy Intensity per rupee of turnover.
- Reduced Water Intensity per rupee of turnover.
- Dropped Scope 1 and Scope 2 emissions per rupee of turnover.
- We exceeded our EV loan target, and disbursement increased by 76.08%.
- Dropped Total Scope 3 emissions per rupee of turnover.
- We have reduced water consumption through efficient water flow solutions. All the branches of Chola (new and existing) are equipped with water aerators.
- We have promoted the usage of glass bottles and glasses at our office premises to reduce plastic usage.
- Enhancing customer on-boarding and credit underwriting with digitization; providing e-receipts to reduce paper use.
- We have installed LED lighting in all our new branches. We are updating LED lighting in our already existing branches also. Green Awareness Campaigns are conducted at all our branches.
- The implementation of new LOS software across businesses has resulted in significant monthly savings on prints.
- The Company installed water sensor taps in targeted offices to promote water conservation.
- The Company has installed solar panels in its corporate office which is utilized for its internal consumption.