Sustainability

Driving Sustainability the Right Way

Vision

Let’s do it right: For people, planet & profit

Mission Statement

Protecting the Planet
Fostering sustainable practices and environmental stewardship
Empowering People
Enhance financial well-being and promote social inclusion
Driving Profits Responsibly
Ensuring equitable growth through ethical practices

Leading with Purpose

“I am proud to lead a company deeply committed to sustainability. We believe that responsible business practices, rooted in Environmental, Social, and Governance (ESG) principles, are key to driving long-term success. Our sustainability efforts focus on critical areas like climate action, nature preservation, and improving livelihoods, while also investing in making ‘The Children – The Future’ more capable, ensuring that we make a positive impact on society and the environment.

Sustainability is not just a goal; it is a core value that shapes our decisions, strategies, and operations. Together, we are dedicated to building a sustainable future for all.”

Ashish Kehair
Managing Director and CEO

Committed to Sustainable Growth

“We are deeply committed to driving positive change within our company and beyond. Sustainability is not just a strategy; it’s a mindset that influences every aspect of our operations. We strive to create value by integrating sustainable practices into our daily work, ensuring that we not only meet today’s needs but also protect tomorrow’s opportunities. Our focus on environmental stewardship, social responsibility, and the wellbeing and development of children—through education, skill-building, and support—guides our actions. Strong governance drives us to make a tangible difference, and we are dedicated to fostering a better future for both the environment and the next generation. I’m excited to continue this journey with our team, stakeholders, and communities, working together toward a brighter, more sustainable future.”
Rashmi Nagori
ESG and CSR Head

Protecting the Planet

We reduce our carbon footprint by monitoring water, energy, waste, and emissions while promoting resource efficiency. Through training, innovation, and sustainable practices, we enhance environmental performance for a greener future.

Our efforts towards a Greener Future

Nuvama actively measures and reduces its carbon footprint through energy optimization, efficient technologies, and sustainable practices, ensuring a meaningful contribution to a low-carbon future. Nuvama is committed to reducing emissions across all scopes to minimize our environmental impact

Scope 1 Emissions

We are committed to reducing direct emissions by optimising operational efficiency, adopting low-emission technologies, and improving equipment performance to minimise fuel consumption and emissions.

Scope 2 Emissions

To reduce emissions from electricity consumption, we have transitioned to green energy sources in our offices in Mumbai and plan to expand this initiative across all branches in the coming years

Scope 3 Emissions

We are actively working on measuring indirect emissions from travel, supply chain operations and value chain to ensure a comprehensive approach to sustainability.

Nuvama is dedicated to waste reduction by adopting sustainable practices across our operations. We focus on minimizing waste generation, enhancing recycling efforts, and promoting resource efficiency. Through continuous monitoring and awareness initiatives, we aim to reduce our environmental footprint while supporting a circular economy and responsible waste management.

Waste Segregation

We implement waste segregation into dry and wet categories to ensure proper disposal, helping to streamline waste management and reduce environmental impact through responsible disposal of waste by local authorities.

Community-driven Clean-up Initiatives

We actively engage in community-driven initiatives, supporting clean-up drives to reduce environmental waste and promote sustainability, contributing to cleaner, healthier communities.

Sustainable Waste Management

We are committed to waste reduction through collection drives for e-waste, plastics, footwear, metals, and clothes, ensuring responsible disposal via certified vendors. Our employees also actively participate in beach clean-ups, championing sustainable waste management.

Nuvama is committed to preserving biodiversity. We focus on minimizing our environmental impact and promoting sustainable practices that protect natural habitats. By engaging in responsible resource management and supporting conservation initiatives, we aim to contribute to the long-term health of ecosystems and biodiversity.

Reforestation Efforts

This year, we initiated our first tree plantation drive, planting 3,500 trees—one for each employee—and plan to continue annually, expanding our efforts to offset emissions and enhance environmental restoration.

Nature Walks

Our Walk for Hope initiative not only connects employees with nature but also supports charitable causes, with proportional funds donated to the treatment of children battling terminal illnesses.

We take great pride in our dedication to sustainable practices and the certifications that reflects them.

LEED Certification

Our 8th floor Head Office at Inspire BKC is now LEED GOLD certified by USGBC, reflecting our commitment to eco-friendly, resource-efficient spaces. This milestone showcases efforts in energy, water, and air quality, affirming that we value people and planet as much as profits.

IGBC Certification

The Inspire BKC building in Mumbai was specifically chosen to house our offices since it is LEED GOLD certified by Indian Green Building Council (IGBC), reinforcing our commitment to sustainability and environmental stewardship.

Empowering People

We create lasting community impact through engagement, education, and social initiatives while fostering a diverse, inclusive workplace. Prioritizing well-being, growth, and human rights, we ensure transparency and trust with stakeholders.

Supporting Community Growth

At Nuvama, we drive community impact through volunteering and initiatives in education, sustainability, and social causes, actively supporting local drives, clean-ups, and fundraising for lasting positive change.

Supporting Education

Providing academic opportunities for underserved children in Mumbai, empowering first-gen college girls in Jodhpur, coaching students from low-income families for competitive exams in Pune, and enhancing learning through smart classrooms.

Skill Development

We equip students with practical skills in Mumbai to support education, teach self-defense to combat gender-based violence, and help girls in Jodhpur break stereotypes through confidence-building 5 km runs.

Well-being of Children

We support children with disabilities in Mumbai, Delhi, and Dehradun through education and inclusive schools, provide medical and emotional aid to those battling life-threatening illnesses, and bring joy to underprivileged children in Kolkata.

Environment

We promote sustainability by revitalizing traditional water conservation methods in Jodhpur’s Thar Desert. We also upcycle used footwear in Mumbai to reduce waste and support a circular economy.

Special Initiatives

On Diwali, we supported NGOs by setting up fundraising stalls at our offices and gifted geometry kits to 10th-grade students for exam preparation. We also organized a career guidance session for 9th-graders with top management at our Andheri Office.

At Nuvama, we believe that our stakeholders—employees, clients, partners, and communities—are at the core of everything we do. Through transparency, collaboration, and a deep understanding of our stakeholder aspirations, we create value and empower growth.

Client Meetings

We place our clients at the heart of our journey, building strong relationships through regular meetings and personalized consultations. By understanding their unique financial goals and aspirations, we deliver tailored solutions reinforcing our role as a trusted partner at every stage of their journey.

Surveys & Feedback

We are committed to continuous improvement - Through regular surveys and engagement initiatives, we gather valuable insights from clients and employees, enabling us to refine our services, enhance workplace experiences, and align our business practices with their evolving needs.

At Nuvama, we foster a diverse, equitable, and inclusive workplace where everyone is valued. Our practices promote equal opportunities and a culture of respect. We prioritize employee well-being through strong health, safety, and human rights compliance, ensuring ethical, fair, and supportive work environments for all.

Diversity, Equity, & Inclusion (DEI)

At Nuvama, we are committed to fostering a culture of inclusion where all individuals irrespective of gender, caste, ethnicity etc. are respected and given equal opportunities to succeed. We believe diverse teams drive innovation and actively seek to create a workplace that reflects these values.

Employee Health & Safety

We prioritize the well-being of our employees through our Employee Well-Being platform called Nuvama Cares which provides holistic support to employees across physical and emotional well-being. In our endeavor to provide safe workplace, ergonomic workspaces & fire safety training is also provided.

Human Rights Compliance

Nuvama is committed to upholding the highest human rights standards in our business practices. We ensure non-discrimination, fair treatment, and ethical conduct across our operations and corporate social responsibility initiatives.

At Nuvama, we invest in our employees through continuous learning and career growth through specially curated development programs across functional & behavioral skills. These programs enable our employees to not only perform their current duties but also enhance their professional growth fostering a culture of lifelong learning and excellence.

Industry Certifications & Professional Growth

We support employees in pursuing key industry certifications and provide a professional development allowance to access courses, workshops helping them advance their careers and stay industry-ready.

Mandatory & Ongoing Training

We ensure all employees complete mandatory training to remain compliant with the Regulatory requirements. 

Driving Profits Responsibly

We ensure transparency, accountability, and ethical conduct through strong governance. Our framework prioritizes regulatory compliance, stakeholder trust and responsible decision-making for sustainable growth.

Foundations of our Governance Strategy

We uphold strong corporate governance practices, ensuring transparency, accountability, and ethical conduct. Our governance framework includes a Board of Directors and key committees that oversee strategic direction and decision-making, reinforcing our commitment to responsible business practices and long-term sustainability.

The Board of Directors

The Board of Directors are responsible for guiding the company’s strategic objectives and ensuring long-term value creation for clients, shareholders, and stakeholders through effective governance and oversight.

Governance Committees

Key committees collaborate with the Board to monitor performance, ensure compliance, and manage risk exposure, fostering responsible decision-making and accountability.

At Nuvama, ethical leadership and strong board oversight drive our governance framework. Our Board ensures strategic direction, long-term value creation, and adherence to the highest standards of integrity.

Culture of Integrity

We implement policies and training programs to promote responsible decision-making, compliance, and ethical conduct across all levels of the organization, ensuring adherence to ethical principles.

Responsible Leadership

The Board of Directors ensures ethical leadership through regular assessments, overseeing management decisions to align with Nuvama’s core values and ethical standards.

At Nuvama, we prioritize data privacy and cybersecurity to safeguard our clients' and stakeholders' sensitive information. We implement robust security measures, comply with regulations, and continuously monitor systems to protect against cyber threats, ensuring trust and confidentiality in all our operations. Data security is integral to our responsible business practices.

Industry-leading Security Standards

Nuvama is ISO 27001 certified, reflecting our commitment to upholding stringent standards in information security and privacy protection across all operations, ensuring the highest level of trust and compliance.

Strengthening Cyber Resilience

We conducted a comprehensive system audit to assess our cybersecurity measures, ensuring they are effective and resilient against emerging threats, maintaining the integrity and safety of data.

Nuvama’s ESG governance structure ensures that sustainability principles are integrated into our business strategy. Led by a dedicated team, we oversee ESG initiatives, monitor progress, and ensure alignment with ethical standards, transparency, and accountability. This governance framework supports our commitment to long-term value creation for all stakeholders.

ESG Governance Framework

Our Board of Directors oversees ESG initiatives through the ESG Committee, which sets policies, goals, and monitors progress. The ESG Head ensures effective implementation across all departments.

ESG Report

We are committed to transparency in ESG reporting, adhering to the Business Responsibility and Sustainability Report (BRSR) framework to disclose our performance, aligning with industry best practices and regulatory standards.

Connect with our ESG Team

For queries on the ESG related information of the Company, Email us at esg@nuvama.com

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