Medium Risk

Happiest Minds Technologies Limited

Computer programming, consultancy and related activities

CIN: L72900KA2011PLC057931 FY: - Revenue: ₹1,481.4 Cr
5.3
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.0
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
5.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹2–9 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated149.3 T

Governance

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

Double Materiality

Financial Materiality5.3
Impact Materiality5.1
QuadrantDual Materiality

Supply Chain

MSME Sourcing0.1%
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 – Happiest Minds Technologies Limited** Happiest Minds faces a critical compliance exposure of ₹2–9 crore in estimated remediation costs, driven by a maximum compliance risk score of 10.0/10 under SEBI BRSR Core Expansion mandates—non-compliance could trigger enforcement action or delisting risk for this upper-tier listed entity. The company's EPR (Extended Producer Responsibility) exposure of 6.5/10 remains unquantified due to unknown applicability in software/IT services, creating contingent liability uncertainty that should be clarified against Schedule IV waste categories and state EPR rules. With Scope 1 and 2 emissions reported as zero despite ₹1,481 crore revenue, there is material disclosure credibility risk; even modest office/data center operations (estimated 100–500 tCO2e annually) would incur ₹60,000–₹4.5 lakh in shadow carbon costs at India CCTS benchmark rates, signaling incomplete environmental accounting under BRSR P6. Immediate priority: formalize EPR applic

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

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