Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Tracking operational carbon intensity related to electricity consumption, backup diesel generator use and water consumption at its manufacturing and R&D facilities.
• Actively engaging with suppliers and partners to reduce carbon emissions in its supply chain and minimize carbon footprint resulting from the use of external products and services.
• Embedding environment-friendly thinking in all product designs through careful sub-system selection, real-estate optimization and increasing the ability to operate with renewable energy sources.
• Complying with the international ISO 14001 standard to enhance its environmental management system and contributing to UN’s Sustainable Development Goals (SDG) in multiple areas such as SDG 1/2/3/4/5/9/11/12.

Social Achievements

• Adopting non-discriminatory employment practices that encourage diversity and inclusion.
• Implementing a compensation plan that combines competitive salaries with restricted stock units (RSUs) to attract and retain top-notch talent.
• Providing non-monetary benefits such as subsidized meals, flexible work hours, remote working, health and wellness programs (including mental health), team-building activities, employee rewards and giving programs to increase employee engagement at the workplace.
• Launching the “Tejas Academy” to attract and train high-potential young engineers from across the country.

Governance Achievements

• Setting high standards in corporate governance through ethical conduct, transparency, accountability and compliance.
• Implementing a strong oversight structure through its Board and Committees to ensure value creation for all stakeholders.
• Abiding by a comprehensive set of regulations related to labor practices, taxation, intellectual property, environment and other relevant telecommunication sector laws.
• Adopting zero-tolerance towards sexual harassment, bribery and corruption.
• Implementing a strong risk management framework to proactively identify, monitor and manage both mid-term and long-term risks, including those that are reputational in nature.

Climate Goals & Targets

Environmental Challenges

• Global chip shortages impacting manufacturing operations and ability to deliver products.
• Supply chain disruptions.
• Continual delay in collecting overdue trade receivables from certain public sector customers.
• Attrition of talent.

Mitigation Strategies

• Advance inventory ordering actions to fulfill strong order book.
• Working closely with chip suppliers.
• Making an additional provision of `74 crore towards overdue receivables.
• Comprehensive salary benchmarking exercise.
• Awarding Restricted Stock Units (RSUs) to key talent.
• Implementing a hybrid work model.
• Providing support to employees during the Covid-19 pandemic.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDG 1
• SDG 2
• SDG 3
• SDG 4
• SDG 5
• SDG 9
• SDG 11
• SDG 12

Contributing to UN’s Sustainable Development Goals (SDG) in multiple areas such as SDG 1/2/3/4/5/9/11/12.

Awards & Recognition

• Voice & Data Excellence Award 2021
• ET Telecom ‘CEO of the Year’ and ‘CTO of the Year’ Awards 2022
• Shortlisted for the Asia Communication Award (ACA) under Innovation Category 2021

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Recycled water used for flushing, gardening, and road cleaning, reducing water purchase cost and wastage.
• Initiated project for solar panel installation for office operations.

Social Achievements

• Various measures for employee well-being, including health insurance, accident insurance, maternity benefits, and paternity benefits.
• Safety training, evacuation drills, and periodical employee health check-ups conducted.

Governance Achievements

• Board level Stakeholders’ Relationship Committee provides guidance on safety and sustainability.
• Code of Conduct, Whistleblower Policy, and Vigil Mechanism in place.

Climate Goals & Targets

Environmental Challenges

• Air & water quality and noise pollution

Mitigation Strategies

• Air & water quality and noise level tests conducted to ensure parameters are within limits.

Supply Chain Management

Supplier Audits: 100%

Responsible Procurement

• Supplier sustainability code; principles and guidelines such as Safety, Health and Environment Policy, Legal Compliance, adherence to Tejas Code of Conduct, ISO Certification, etc.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 27001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Customer premise devices designed to support solar powering.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate and Waste Energy & Emissions Management
• Customers
• Corporate Governance
• Empowered Workforce and employment practices
• Procurement Practices & Supplier Code of Conduct
• Risk Management
• Community & Society

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• The Company procurement practices shall ensure fair and impartial assessment of all potential vendors and suppliers, ensuring access to environmentally friendly and energy efficient products and encouraging local sourcing wherever possible.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Launched a holistic wellness program for employees, resulting in a drop in attrition rates to 6.6% for full-time employees and 6.4% for the R&D team.
• Implemented various training and engagement programs for capability building and fostering togetherness at the workplace.

Governance Achievements

• Adopted the Environmental, Social and Governance Charter and Policy.
• Adopted the revised Code of Conduct and Ethics (Tata Code of Conduct).

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to global semiconductor chip shortage and component End-of-Life (EOL) declarations.
• Customer concentration leading to quarterly fluctuation and seasonality in revenues.
• High competition in the telecommunications industry.

Mitigation Strategies

• Arrangements with multiple EMS organizations for manufacturing flexibility.
• Multi-sourcing of components to minimize impact of adverse events.
• Product redesigns to mitigate the impact of EOL components.
• Attractive compensation and equity-based rewards to attract and retain talent.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: TL9000, ISO 9001, ISO 14001, ISO 27001, MEF, CE marking, UL Mark, cTUVus mark, FCC, ICES

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Voice and Data Excellence Award (Make in India), Best Indian IPR of the Year in Telecom (IMC), Leading PON-based Smart City Service (Network X), 2023 Public Company of the Year (Light Reading), Most Outstanding Company in India (Asiamoney), Pathbreaker of the Year (DataQuest)