Vee Technologies
Climate Impact & Sustainability Data (2017)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Healthcare
- India
- Innovation
- Education
- Environmental Sustainability
- Employee Well-being
- Community Development
- Ethical Labor Practices
- Data Privacy
- Corporate Governance
Environmental Achievements
- Installed 24 KW solar power panels in Salem office and planned 120 KW for future infrastructure.
- 100 KW solar power generation units installed in Salem IT Park building, achieving 100% self-power generation during daytime.
Social Achievements
- Sona Yukti, a Vee Technologies company, trained and placed thousands of rural youth.
- Regular visits to orphanages and old age homes by employees.
- Donations of clothes to rural areas.
- 500 hours of volunteer work by Vee Technologies employees for various initiatives.
- Organized yoga sessions for employee well-being.
Governance Achievements
- Earned highest possible score for Customer References in IAOP's 2016 Global Outsourcing 100.
- Inclusion in 2016 Global Outsourcing 100 sub-lists for Employee Growth, Number of Employees, and Revenue Growth.
- Robust Corporate Governance approach with Audit and Compensation Committees.
Climate Goals & Targets
Environmental Challenges
- Unreliable electricity supply in India requiring diesel generators for backup.
- Maintaining data privacy given the sensitive nature of client information.
Mitigation Strategies
- Installation of solar panels to reduce reliance on grid electricity.
- Compliance with international standards (ISO 27001) and HIPAA for data security.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- IAOP's 2016 Global Outsourcing 100