Approach to Reporting
This is Dabur India Limited’s Annual Integrated Report for the financial year 2023-24, reflecting our performance and strategy aligned to the current business context. It encompasses both qualitative and quantitative disclosures regarding our financial performance, critical sustainability impact, and socially inclusive endeavours conducted during the year.
This also covers our commitment towards Environment Sustainability and details our strategy towards becoming a Net Zero Emissions Enterprise by 2045.
The report is aimed at providing better transparency to our stakeholders regarding our business progress as well as our ongoing efforts to assess the non-financial performance on significant environmental, social, and governance (ESG) impacts, risks and opportunities. We aspire to strengthen our disclosures and better our ESG systems year on year and continue to move forward in our journey of living our purpose, delivering growth, and creating value for our stakeholders.
Reporting Scope and Period
The Annual Integrated Report covers information on the business operations of Dabur India Limited, aptly disclosed through the Capitals as defined by the International Integrated Reporting Council (IIRC). The Capitals cover information on India and overseas operations. The Key Performance Indicators (KPIs) have been prepared in accordance with the Global Reporting Initiative (GRI) Standards. The Integrated Report considers the primary reporting period as April 01, 2023 to March 31, 2024. There is inclusion of facts and figures from previous years to provide a comprehensive view to our stakeholders.
Reporting Framework
The Annual Report follows the International Framework as developed by IIRC (www.integratedreporting.org) and should be read in conjunction with the financial statements included herein and the notes thereto. The financial statements and statutory disclosures including the Board’s Report, Management Discussion and Analysis (MDA), and Corporate Governance Report are presented in conformance to the requirements of the Companies Act, 2013 (including the rules made thereunder), Indian Accounting Standards, the Securities and Exchange Board of India (SEBI) – Listing Obligations and Disclosure Requirements, 2015 and Secretarial Standards issued by the Institute of Company Secretaries of India.
Reporting Boundary
The financial metrics and information presented in the fiscal 2023-24 Annual Integrated Report pertains to Dabur India Limited, including its domestic and international business, subsidiaries, and joint ventures. The non-financial disclosures are limited to Dabur’s India operations unless otherwise specified in relevant sections.
Reporting Timeline
The fiscal 2023-24 Annual Integrated Report covers the financial and non-financial performance of the Company from April 01, 2023 to March 31, 2024.
Management Responsibility Statement
The management of Dabur recognizes its responsibility in ensuring the integrity, transparency and accuracy of information presented in the Annual Integrated Report. The management also confirms that the report addresses all business-critical material issues pertaining to the organization and its stakeholders and communicate the organization’s ability to pursue prospects and mitigate risk.
Forward-Looking Statement
Some information in this report may contain forward-looking statements which include statements regarding the Company’s expected financial position and results of operations, business plans and prospects, etc. and are generally identified by forward-looking words such as “believe,” “plan,” “anticipate,” “continue,” “estimate,” “expect,” “may,” “will” or other similar words. Forward-looking statements are dependent on assumptions or basis underlying such statements. We have chosen these assumptions or the basis in good faith, and we believe that they are reasonable in all material respects. However, we caution that actual results, performances or achievements could differ materially from those expressed or implied in such forward-looking statements. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Annual Report 2023-24