Climate Change Data

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