Climate Change Data

Firstsource Solutions Limited

Climate Impact & Sustainability Data (2023-24)

Reporting Period: 2023-24

Environmental Metrics

Total Carbon Emissions:32,532.59 tCO2e/year (Scope 3)
Scope 1 Emissions:113.64 tCO2e/year
Scope 2 Emissions:14,355.11 tCO2e/year
Scope 3 Emissions:32,532.59 tCO2e/year
Renewable Energy Share:15.42%
Total Energy Consumption:83,611 GJ/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change

Environmental Achievements

  • Reduced Scope 1 GHG emissions by 68.68% from 366.33 tCO2e in FY2022-23 to 113.64 tCO2e in FY2023-24.
  • Slight decrease in Scope 2 emissions due to transition to renewable energy in some locations.
  • Increased share of renewable energy in overall energy mix to 15.42% in FY2023-24.

Social Achievements

  • Not disclosed

Governance Achievements

  • Integrated climate considerations into corporate governance.
  • Strengthened ESG governance including climate governance by implementing clear policies, forming dedicated committees, and establishing transparent reporting mechanisms.

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050 (pending SBTi validation)
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Acute physical risks (cyclones, flooding) in some locations.
  • Chronic physical risks (water scarcity, extreme temperatures) in some locations.
  • Transition risks related to emerging regulations, technology shifts, and market demands for stronger environmental commitments.
Mitigation Strategies
  • Comprehensive Business Continuity Plans to mitigate acute physical risks.
  • Flexible work arrangements to mitigate chronic physical risks.
  • Energy efficiency measures (electric vehicles, energy-efficient data centers, LED lighting).
  • Transition to renewable energy.
  • Monitoring regulatory landscape and engaging with stakeholders.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Cyclones, flooding, extreme temperatures, water scarcity
Transition Risks
  • Emerging regulations, technology shifts, market demands
Opportunities
  • Dynamic mix of remote work and on-site operations.
  • Energy efficiency measures.
  • Transition to renewable energy.

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed