Medium Risk

Subex Limited

62099

CIN: L85110KA1994PLC016663 FY: 2024-2025 Revenue: ₹268.8 Cr
6.0
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

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

Financial Exposure

Est. Compliance Cost₹0–2 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated— T

Governance

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

Double Materiality

Financial Materiality6.0
Impact Materiality5.3
QuadrantDual Materiality

Supply Chain

MSME Sourcing0.1%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

AI Risk Summary

**Subex Limited – ESG Financial Risk Summary** Subex faces critical compliance exposure with a 10.0/10 compliance risk score, creating potential SEBI enforcement action and delisting risk under BRSR Core Expansion mandates; the company's "Unknown" EPR applicability status (6.5/10 risk) requires immediate clarification to avoid regulatory penalties under Extended Producer Responsibility frameworks. Despite low operational emissions (Scope 1 & 2 both reported as zero), the estimated compliance cost of ₹0–2 crore underestimates financial exposure if EPR obligations apply—producer responsibility costs could materially increase depending on product category applicability. Primary financial risk stems from non-disclosure or misclassification of environmental obligations rather than carbon intensity, with BRSR P6 alignment and EPR status clarification needed to mitigate enforcement action risk and maintain market credibility.

Source: Subex Limited BRSR Filing, FY 2024-2025. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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