Five-Star Business Finance Ltd 2024 Annual Report with Sustainability Disclosures
Company: Five-Star Business Finance Ltd
Sector: Finance & insurance
Country: India
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 206
The report describes a strong FY2024, including 43.57% growth in reported revenue from operations and continued expansion of the company's financial-inclusion lending model. It also presents the company's first extensive stakeholder engagement and materiality assessment, identifying issues such as financial inclusion, governance, employee wellbeing, digitization, and risk management. Environmental disclosures quantify Scope 1 emissions at 1.08 tCO2e and Scope 2 emissions at 2,578.94 tCO2e, while employee disclosures report 9,327 employees and 12.5% women representation on the board. CSR spending supported education, healthcare, livelihood, and community initiatives.
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