InfoBeans Technologies Limited
Climate Impact & Sustainability Data (2022-2023, 2023-2024)
Reporting Period: 2022-2023
Environmental Metrics
Total Carbon Emissions:400 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:1.38 tCO2e/year
Scope 2 Emissions:403.25 tCO2e/year
Scope 3 Emissions:147.2 tCO2e/year
Water Consumption:286 KL/year (drinking water)
Waste Generated:10.17 tons/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Planted 400 trees in FY 22-23, offsetting ~400 tCO2e (approximately total Scope 1 and 2 emissions)
- 100% wastewater recycled in Indore SEZ unit
- 100% e-Waste recycled properly through third-party vendors
Social Achievements
- Awarded 'Best Place to Work for Women in 2023'
- 31% of overall workforce are women, 33% of leadership team are women
- Educated 79 underprivileged students
- Sponsored 54 students through the InfoBeans Vidyadhan program
- Supported education of 25 rural students
- 40 rural women received funding for skill development
Governance Achievements
- Formed an ESG committee
- ISO 27001 Certified
- CMMI (Capability Maturity Model Integration) Certification
Climate Goals & Targets
Medium-term Goals:
- Achieve net-zero carbon emissions by 2030
Environmental Challenges
- High costs in relevant technologies impacting EBITDA margins in the short term
Mitigation Strategies
- Focus on capturing revenue first and simultaneously optimizing processes and team structure to improve margins
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Opportunities
- Advancements in renewable energy and energy efficiency
Awards & Recognition
- Best Place to Work for Women in 2023
Reporting Period: 2023-2024
Environmental Metrics
Total Carbon Emissions:378.53 tCO2e
Scope 1 Emissions:7.34 tCO2e
Scope 2 Emissions:371.19 tCO2e
Scope 3 Emissions:185.00 tCO2e
Total Energy Consumption:1866 GJ
Water Consumption:3883 kilolitres
Waste Generated:7.54 metric tonnes
ESG Focus Areas
- Data Privacy and Security
- Talent management
- Climate Change
- Environmental Sustainability
- Diversity and Inclusion
- Waste reduction
- Ethical supply chain practices
Environmental Achievements
- Aiming to achieve carbon neutrality in the Company’s operation by 2030 through energy-efficient technology, renewable energy sources, and carbon offset programmes
- Investing in reducing and recycling waste produced in our facilities
Social Achievements
- Establish volunteering and community involvement programs to cover team members
- Education of underprivileged students through InfoBeans Foundation and supporting other educational institutes
- Offering competitive pay and benefits, giving possibilities for job advancement, using diversity recruitment techniques, and spending money on training and development programmes
Governance Achievements
- The ESG committee of the Board oversees the Business Responsibility and progress on our ESG ambitions.
Climate Goals & Targets
Medium-term Goals:
- Aiming to achieve carbon neutrality in the Company’s operation by 2030
Environmental Challenges
- Rising cyberthreats and more stringent data protection laws.
- Securing workforce diversity and skill development, enticing and keeping great talent.
- Increasing awareness of Climate change and regulations on carbon emissions
Mitigation Strategies
- Regular security audits, encryption measures, staff training, and robust data protection protocols.
- Offering competitive pay and benefits, giving possibilities for job advancement, using diversity recruitment techniques, and spending money on training and development programmes.
- Implementing energy-efficient technologies, renewable energy sources, carbon offset initiatives, and adopting sustainable practices.
Supply Chain Management
Responsible Procurement
- all our procurement follows the principles of sustainable sourcing