Devyani International Limited (DIL) has released its inaugural Sustainability Report for FY2024-25. The report outlines DIL’s approach to sustainability, commitments, and key initiatives. It highlights the company’s focus on environmental stewardship, social impact efforts, and governance frameworks. Varun Jaipuria emphasizes DIL’s dedication to embedding sustainability across its business, balancing growth with responsibility.
Sustainability Commitment
Devyani International Limited (DIL), a key player in India’s Quick-Service Restaurant (QSR) sector, has published its first Sustainability Report for the fiscal year FY2024-25. This report details the company’s strategy toward sustainability, outlining its core commitments and initiatives.
Key Focus Areas
The Sustainability Report highlights several key areas of focus for DIL:
- Environmental stewardship, including energy-efficiency initiatives and rooftop solar installations.
- Responsible waste management practices.
- Social impact efforts, such as inclusive employment practices.
- Community outreach programs and employee well-being initiatives.
- Governance frameworks and transparent ESG disclosures.
Leadership Perspective
Varun Jaipuria, Promoter and Non-Executive Director, stated that the report signifies Devyani International’s commitment to embedding sustainability throughout its business operations. The company aims to balance growth with a strong sense of responsibility through strategic ESG initiatives.
Company Overview
Devyani International Limited operates over 2,000 stores across more than 280 cities in India, Thailand, Nigeria, and Nepal. Its portfolio includes global brands and homegrown concepts.
DIL is the largest franchisee of Yum! Brands in India and Nepal and holds exclusive franchising rights in India for brands like Costa Coffee, Tea Live, and New York Fries. It also has developed indigenous brands like Vaango and The Food Street. Recent acquisitions, such as Sky Gate Hospitality, have strengthened DIL’s offerings with brands like Biryani By Kilo and Goila Butter Chicken.
Source: BSE