Climate Change Data

3i Infotech Limited

Climate Impact & Sustainability Data (2021-22, 2023-24)

Reporting Period: 2021-22

Environmental Metrics

Social Achievements

  • COVID-19 vaccination drives for employees at Navi Mumbai, Mumbai, Bangalore and Noida locations
  • Initiated an environment-friendly practice of planting trees on employees’ birthdays through Grow Trees; 3,081 trees planted in Bihar, Tamil Nadu, Madhya Pradesh and Rajasthan

Governance Achievements

  • Implemented a robust risk management framework
  • Established internal financial controls in accordance with the Companies Act, 2013
  • Implemented a vigil mechanism in the form of a Whistle Blower Policy

Climate Goals & Targets

Long-term Goals:
  • Become a billion-dollar organisation by 2030
  • Incubation, commercialisation & acceleration of at least 10 technology / product start-ups
  • Build products and platform services leveraging the power of 5G in Edge Computing, Cognitive Artificial Intelligence / Machine Learning (AI / ML), Data Security, Data Science and Analytics, Block Chain with an IP valuation of a billion dollars
Medium-term Goals:
  • Organic revenue growth to US$ 1 billion by 2030

Environmental Challenges

  • Supply chain disruptions
  • Sharp hikes in crude and energy pricing
  • Long-lasting inflationary pressures
  • Downturns in China and Russia
  • Setback in US consumer spending
  • Intense competition in the IT services market
  • Rapid technological changes and changing customer needs
  • Challenging economic environment in Europe and uncertainty in China impacting IT spending
Mitigation Strategies
  • Rebooted operational activities and set a new course for the future
  • Developed and delivered new IT solutions (NuReTM CloudFirst, NuReTM Edge, NuReTM 3i, NuReTM Desk, NuReTM 3i+, NuReTM Velocity, Altiray®)
  • Entered into a strategic alliance with MDEC Malaysia to launch Oracle-powered NuReTM 3i+ services
  • Invested in building a world-class organisation
  • Implemented a RUN, GROW, and BUILD strategy
  • Focused on margin protection
  • Continuously invested in products and services to remain cutting-edge
  • Reskilling and strategic recruiting to develop unparalleled skills in new technologies
  • Developed a robust risk management framework to identify, assess, and mitigate risks

Supply Chain Management

Responsible Procurement
  • Ethical sourcing

Climate-Related Risks & Opportunities

Reporting Period: 2023-24

Environmental Metrics

Total Carbon Emissions:2240.28 tCO2e/year
Scope 1 Emissions:569.99 tCO2e/year
Scope 2 Emissions:1680.29 tCO2e/year
Total Energy Consumption:7425.70 GJ/year
Water Consumption:19317.50 KL/year
Waste Generated:11 MT/year

ESG Focus Areas

  • Sustainability

Environmental Achievements

  • Implemented various electricity savings measures and encouraged employees to utilize public transport to reduce Green House Gas emissions.
  • Implemented the use of LED lights across all premises

Social Achievements

  • Launched innovative products
  • Increased investments in cybersecurity and information security
  • Implemented enhanced employee welfare policies
  • Promoting gender equality by ensuring equal opportunities for all individuals across every level. The Company’s ‘Women Empowered’ initiative promotes gender supremacy beyond equality, embracing diversity with an inclusive approach led from the top, contributing to a diverse and inclusive environment.

Governance Achievements

  • Strengthened internal controls and compliance frameworks
  • Implemented rigorous Standard Operating Procedures (SOPs)
  • Initiated forensic audits to ensure operations adhere to the highest standards of integrity and accountability
  • Established a Sub-committee on Legacy Matters to address legacy compliance issues

Climate Goals & Targets

Environmental Challenges

  • Operational inefficiencies
  • Governance lapses
  • Lack of ethical conduct by some senior management personnel
  • Legacy compliance issues (Income Tax, GST, FEMA)
  • Financial instability
  • Intense competition in the IT market
  • Cybersecurity threats
  • Global economic headwinds
Mitigation Strategies
  • Strategic leadership changes
  • Focus on leveraging cutting-edge technologies
  • Strengthening internal controls and compliance frameworks
  • Implementing rigorous SOPs
  • Initiating forensic audits
  • Establishing a Sub-committee on Legacy Matters
  • Strategic realignment and operational restructuring
  • Cost optimization
  • Targeted investments in product development
  • Deepening market reach
  • Strategic differentiation
  • Investing in R&D
  • Excelling in customer service
  • Nurturing long-lasting client relationships
  • Regular risk assessments
  • Implementing network access controls (zero-trust)
  • Deploying firewalls and antivirus software
  • Maintaining a patch management schedule
  • Monitoring network traffic
  • Developing an incident response plan
  • Enhancing physical security measures
  • Leveraging AI and automation for defense
  • Educating employees on cybersecurity best practices
  • Tailored business approach emphasizing client relationships and adaptability to economic shifts

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Pulse ChatBOT
  • Mobile-optimized interface
  • iReset Application
  • Intelligent Process Automation Suite
  • EnGRC
  • NuRe Edge
  • NuRe Campus
  • NuRe 3i
  • NuRe 3i+

Awards & Recognition

  • LACP Annual Report Vision Awards - Gold Award