Medium Risk

Baazar Style Retail Limited

Retail Trading Engaged in the retail sale of a wide range of clothing, footwear, accessories, and non-apparel consumer p

CIN: L18109WB2013PLC194160 FY: - Revenue: ₹1,343.5 Cr
5.3
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.1
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹2–8 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated1,513.3 T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyYes
BRSR AssuranceNone
Assurance Provider

Double Materiality

Financial Materiality5.3
Impact Materiality4.6
QuadrantFinancially Material

Supply Chain

MSME Sourcing0.2%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**Financial Risk Summary: Baazar Style Retail Limited** Baazar Style's largest financial exposure is compliance risk (10.0/10 score) with estimated remediation costs of ₹2–8 crore, particularly around Extended Producer Responsibility (EPR) obligations for apparel and packaging waste—a mandatory requirement under India's Plastic Waste Management Rules and E-Waste Rules that directly impacts a multi-brand retail operation handling thousands of SKUs. The company faces SEBI BRSR Core Expansion compliance obligations with enforcement action and potential delisting risk if disclosures remain inadequate, compounded by unknown EPR applicability status (6.5/10 exposure) which creates regulatory uncertainty for a ₹1,343.5 crore revenue enterprise. With zero reported Scope 1 and Scope 2 emissions, the company lacks critical baseline data for BRSR P6 environmental reporting, suggesting measurement gaps rather than genuine zero-impact operations—a red flag for regulators reviewing retail sustainability claims. Immediate priority: clarify EPR portfolio coverage, quantify actual emissions across store operations and supply chain, and establish documented compliance frameworks

Source: Baazar Style Retail Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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