Senior Manager - ESG & Sustainability

·         The Group ESG function works with all the Bajaj Finserv Group Companies to drive ESG adoption and reporting.

·         The function also involves interaction with external stakeholders for furtherance of Group’s ESG initiatives.

·         Drives continuous benchmarking to deliver best in class ESG rating within Financial Services space.

·         Increasing Regulatory Scrutiny: Heightened regulatory focus on ESG reporting, including mandatory disclosures and stricter compliance standards under SEBI - BRSR, RBI Climate disclosures and Sustainability Accounting Standards Board (SASB) disclosure requirements.

·         Investor Demand: Growing investor and raters-rankers interest in ESG factors and the need for transparent, and reliable ESG reporting.

·         Operational Risks: Potential financial and reputational risks associated with poor ESG performance and non-compliance.

·         Competitive Advantage: Strong ESG performance can differentiate Bajaj Finserv group from competitors and attract sustainable investors.

Job Purpose:

·         Serve as the Pillar for Environmental reporting , bringing niche subject matter expertise for the annual, high-quality corporate ESG/Sustainability Report, (Environmental Reporting portion) ensuring alignment with global standards (e.g., GRI, SASB, TCFD) and regulatory requirements (e.g., BRSR).

·         Act as a Catalyst for continuous improvement for sustainability reporting by engaging with ESG and Admin SPoC’s across all group companies. Proactively interpret and implement evolving Sustainability trends to ensure the Group remains at the forefront of sustainability best practices.

·         FY32 Technical Roadmap: Under the guidance of the Group ESG Lead, serve as the primary architect to strategize, organize and implement the Group-level technical roadmap required to achieve ambitious FY32 Carbon Neutrality (Scope 1 and 2) targets.

·         Enhanced Scope 3 Strategy: Ideate and expand the reporting boundary as per industry best practices and benchmarking to include additional Scope 3 emissions categories not currently reported , such as Category 1 (Purchased Goods & Services), Category 6 (Business Travel), and Category 7 (Employee Commuting).

·         Financed Emissions (Scope 3, Cat 15): In partnership with ESG Leads across material subsidiaries, develop the technical framework for measuring Financed Emissions , aligning BFS with global Partnership for Carbon Accounting Financials (PCAF) standards and United Nations Environment Programme Finance Initiative (UNEP) Principles for Responsible Banking.

·         Strategic Benchmarking: Conduct meticulous benchmarking against domestic and global peers to perform deep gap analysis on regulatory shifts (BRSR, ISSB, EU Taxonomy) to evolve the Group's Carbon Neutrality Blueprint.

·         Consolidated Drafting & Narrative Leadership: Lead the technical drafting of the Consolidated BFS Group ESG Report and the Statutory BRSR Section . Meticulously synthesize performance data from four material subsidiaries and smaller subsidiaries into a unified disclosure that meets GRI 2021 Standards and evolving SEBI disclosure mandates.

·         Publication Lifecycle & Assurance Management: Own the end-to-end ESG report publication roadmap. Act as the primary technical liaison for independent assurance partners to secure Reasonable Assurance for BRSR Core and voluntary assurance for expanded Scope 3 categories.

·         Ownership of Sprih data Tool Automation: Take full ownership of the "Sprih Data Automation" project , ensuring the digital infrastructure serves as a strategic quarterly reporting mechanism for the ESG Steering Committees.

·         Precision Data Management: Lead technical ESG data validation across four material subsidiaries , ensuring that the Sprih data reporting tool "Single Source of Truth" is audit-ready and robust.

·         Value Chain disclosures: Drive the technical execution of Value Chain Disclosures , mapping and collecting ESG data from key suppliers to meet BRSR leadership indicators disclosures.

·         Decarbonization levers implementation: In partnership with Admin, EHS, and Facilities, plan and implement high-impact initiatives , including In-house Decarbonization initiatives, the Improvised Cookstove Project, and Mega Forest Development.

·         Internal & External ESG Training: Strategize and deliver specialized ESG reporting training for internal stakeholders (Leadership, Admin, HR) and act as a catalyst for external stakeholder empowerment through vendor ESG workshops.

·         Team Leadership: Mentor the ESG teams across group companies with deep subject matter expertise in Environmental Reporting , fostering a culture of meticulous execution and niche technical mastery.