Climate Change Data

Environmental Metrics

ESG Focus Areas

• Employee safety and well-being
• Community development
• Education
• Sports

Environmental Achievements

• Adopted various energy conservation options/technologies and took measures to reduce energy consumption by using energy efficient equipment and devices, replacing existing CFL fittings with LEDs fittings to reduce power consumption, timely preventive maintenance of all major and minor equipment. The air is conditioned with energy efficient compressors for central air conditioning and with split air conditioning for localized areas. The Company is endeavoring to convert its Diesel generators to GAS based generators.
• RO waste water has been reused for several purposes in the Company.

Social Achievements

• Virtually on-boarded 1000+ new recruits
• Implemented an Online Medical Service & Health Talks Programme
• Organised recognition of existing employees
• Planned and hosted POSH session for employees’ awareness
• Organised employee engagement activities virtually

Governance Achievements

• R Systems has a qualified and independent Audit Committee.
• The Company has laid down a Vigil Mechanism also known as Whistle Blower Policy to deal with instance of fraud and mismanagement, if any.
• The Board has framed a criteria for selection of Directors, a policy for remuneration of Directors, Key Managerial Personnel, Senior Management Personnel and other employees.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on global economy, employee health & safety, and service continuity.
• Competition in the IT & ITES sector.
• Customer concentration risk.
• Geographical concentration risk.
• Risks associated with fixed-price contracts.
• Disaster prevention and recovery.
• Talent acquisition and retention.
• Technological obsolescence.
• Credit risk.
• Foreign currency rate fluctuations.
• Inflation and cost structure.
• Intellectual property rights.
• Information security management.
• Contractual risk.
• Execution risk.
• Directors’ and officers’ liability risks.
• Statutory compliance.
• Visa regulations/restrictions.
• Political risk.

Mitigation Strategies

• Business Continuity Plan (BCP) implementation, including work-from-home model.
• Investment in digital competencies and infrastructure.
• Proactive strategy of adding new customers.
• Expansion of business activities in other geographic areas.
• Internal processes to ensure accuracy in estimating time for fixed-price projects.
• Industry-standard security precautions, data backups, and disaster recovery plan.
• Industry best human resource practices (PCMM level 5).
• Succession planning policy.
• Rigorous training program for new professionals.
• Competitive compensation and benefit packages.
• Continuous enhancement of competencies around latest technologies.
• Detailed evaluation of acquisitions and partnerships.
• Rigorous process in following up with customers for payments.
• Aggressive receivables management systems.
• Policy to hedge foreign exchange risk without speculative positions.
• Robust processes and information systems for revenue realisation and cost optimisation.
• Information security arrangements as per ISO 27001:2013.
• Application for registration of intellectual property.
• Protection through various insurance policies.
• Compliance management system.
• Monitoring visa availability and requirements.
• Expansion of business in other geographies.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: CMMI Level 5 (Ver.1.3), PCMM Level 5, ISO 9001:2015, ISO 27001:2013, HIPAA compliant, PCI-DSS (ver.3.2.1)

Third-party Assurance: Deloitte Haskins & Sells LLP

Environmental Metrics

ESG Focus Areas

• Education
• Sports
• Community Welfare
• Women Empowerment

Environmental Achievements

• Reduced energy consumption by using energy efficient equipment and devices, replacing existing CFL fittings with LEDs fittings, timely preventive maintenance of all major and minor equipment.
• RO waste water reused for several purposes.

Social Achievements

• Organized vaccination camps in offices to support employees and their families.
• Provided urgent healthcare support to employees and their families.
• Conducted health seminars to raise awareness about COVID-19.
• Various training and learning sessions for employees.
• Team building events (virtual festivals, night outs, office parties, etc.).
• Conferred with 17th best employer in Romania.

Governance Achievements

• Noida IT and Knowledge Services (KS) Division became SOC2 compliant and got reappraised for PCMM Level 5.
• Noida IT division is CMMI level 5, PCMM Level 5, ISO 9001:2015, ISO 27001:2013 certified and SOC2 Type 2 compliant.
• Noida Knowledge Services (KS) Division is PCMM Level 5, ISO 27001:2013, ISO 9001:2015 certified and SOC2 Type 2 compliant.
• HIPAA compliant for healthcare clients and PCI-DSS certified.

Climate Goals & Targets

Environmental Challenges

• High attrition rates in the IT industry.
• COVID-19 pandemic and its impact on workplace practices.
• Geopolitical challenges in Eastern Europe.

Mitigation Strategies

• Implemented work-from-home model.
• Provided complete support to employees and their families (vaccination camps, healthcare support, seminars).
• Incentivised key talent sets to offset attrition.
• Expanded Greater Noida SEZ delivery centre.
• Commenced hybrid working in overseas offices.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Awards & Recognition

• 17th best employer in Romania

Environmental Metrics

ESG Focus Areas

• Education
• Sports
• Women Empowerment
• Healthcare
• Environment
• Community Welfare

Environmental Achievements

• Planted 800 local native species of plants to prevent air pollution.
• Adopted various energy conservation options/technologies and took measures to reduce energy consumption by using energy efficient equipment and devices, replacing existing CFL fittings with LEDs fittings to reduce power consumption, timely preventive maintenance of all major and minor equipment.

Social Achievements

• Set up many sewing schools in Delhi slums to empower poor women.
• Provided support to socially isolated, crippled and homeless children.
• Worked with Pullela Gopichand Badminton Academy and Prakash Padukone Badminton Academy to encourage badminton aspirants.
• Shared missions with Abhinav Bindra Foundation to increase the standard of Sporting Ecosystems.
• Facilitated the education and welfare of children belonging to the weaker sections of society.
• Partnered with ICT Academy of Tamil Nadu to improve digital teaching skills and the soft-skill base of women educators.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Attrition challenges
• Global slowdown resulting in softness in demand environment

Mitigation Strategies

• Continued to maintain a high talent pool to drive growth.
• Cautiously optimistic and continued to invest in newer technologies and sales and marketing initiatives to drive profitable growth through innovation.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Value for money, price, quality, availability, functionality, environmental, governance and social aspects.
• Compliance with Sustainable Sourcing Policy of the Company

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: CMMI Level 5, PCMM Level 5, ISO 27001:2013, ISO 9001:2015, PCI DSS, HIPAA Compliant

Third-party Assurance: Sustainability Actions (P) Ltd.

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed