Climate Change Data

Sify Technologies Limited

Climate Impact & Sustainability Data (2015-03 to 2016-03, 2016-17, 2017-18, 2018-19, 2020-04 to 2021-03, 2022-23, 2023-24)

Reporting Period: 2015-03 to 2016-03

Environmental Metrics

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Use of wind energy for power requirements in Bangalore Data Center
  • Green Data Center in Noida with industry-defining benchmark efficiency
  • Adoption of EIA guidelines

Social Achievements

  • Contribution to VIRRD Trust, Tirumala for purchase of Digital X-ray machine and DSS suction pump
  • Contribution to DIET, Angaluru for construction of classrooms
  • Contribution to ICT Academy of Tamil Nadu for book donation
  • Contribution to Special Children Sports Academy, Chennai

Governance Achievements

  • Compliance with Sarbanes-Oxley Act of 2002
  • Establishment of a Disclosure Control Committee
  • Implementation of Whistle Blower Policy
  • Code of Conduct for Board of Directors and Senior Management

Climate Goals & Targets

Environmental Challenges

  • Economic slowdown impacting technology spending
  • Increased pricing pressure and decreased utilization rates
  • Currency fluctuations
  • Intense competition
  • High power costs for data centers
  • Potential incompatibility with future internet access delivery methods
Mitigation Strategies
  • Cost control measures
  • Use of derivative financial instruments to mitigate currency risk
  • Maintaining customer relationships through quality service
  • Recruiting professionals with strong technical backgrounds and providing training
  • Developing alternative sourcing strategies

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: International Integrated Reporting Council

Sustainable Products & Innovation

  • SMAC wireless radios
  • Sify Data Center Architecture (SDA)

Awards & Recognition

  • India’s Most Promising Brand
  • Best Enterprise Data Center
  • CIO Choice Award
  • DQ Award for Best Technology for Social Cause
  • Recognition by IDC

Reporting Period: 2016-17

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced dependence on non-renewable energies
  • Usage of wind energy for power requirements
  • Adoption of EIA guidelines
  • Lower carbon footprint
  • Energy efficiency
  • Green Data Center Policy implemented in Noida

Social Achievements

  • CSR contribution of ` 84 Lakhs for FY 2016-17
  • Superbrand -India Selected
  • Industry Validated Business National Award -Best Technology for Social Cause for the Department of Posts by CyberMedia
  • ICT Company of the year and Most Admired Brand 2017 by VAR India
  • Employed labourers around Noida Data Center site, trained them in safe civil practices and opened a social centre for their families.

Governance Achievements

  • Credit Rating of A+ (Long-term) and A1+ (Short-term) by CARE and ICRA for FY 2016-17
  • Fourth year of dividend declaration
  • Compliance with Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

Climate Goals & Targets

Environmental Challenges

  • Economic environment, increased pricing pressure and decreased utilization rates
  • Currency fluctuations
  • Intense competition
  • Procuring power at lower costs for data centers by competitors
  • Business compatibility with future internet access service delivery methods
Mitigation Strategies
  • Offering services at competitive prices
  • Tighter control on expenses
  • Cost-effective infrastructure
  • Using derivative financial instruments to hedge currency risk
  • Maintaining sound customer relationships
  • Continuous cost monitoring
  • Reducing power dependency through renewable sources
  • Recruiting professionals with strong technical backgrounds
  • Regular training programs for associates

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • SMACnet
  • Sify Data Center Architecture (SDA) 4.0
  • Forum NXT
  • iTest
  • Cloudinfinit

Awards & Recognition

  • Business Superbrand
  • Most Innovative Offering: SMACnet by CyberMedia
  • Most Admired Brand 2017 by VAR India
  • Most Promising Brand by WCRC
  • Best Enterprise Data Center by The Economic Times
  • ICT Company of the year by VAR India
  • National Award for Best Technology for Social Cause for the Department of Posts by CyberMedia
  • IT Giant of the Year 2016 by 4Ps Planman Media
  • Valuable contribution towards successful DC Migration of a Customer: Max Life
  • Award for Brand Transformation by Cybermedia
  • MICROSOFT Hosting Partner of the Year 2016
  • Excellence in e-Learning Solution by Brandon Hall
  • Partner of the year by CA Technologies
  • Company of the Year in the Cloud & Managed Services vertical by CIO Review

Reporting Period: 2017-18

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced dependence on non-renewable energies
  • Usage of wind energy for power requirements
  • Adoption of EIA guidelines
  • Lower carbon footprint
  • Energy efficiency
  • Green Data Center Policy

Social Achievements

  • CSR contribution of INR 96 lakhs for FY 2017-18
  • Associate headcount increased from 2318 to 2608 during FY 2017-18
  • 38,000 Hours of Skill Development completed during FY 2017-18
  • 1834 employees availed 40 exclusive eLearning programs
  • Best Data Center practice and Best Managed Network solutions award by CIO peers in the Industry
  • Awarded the ICT Company of the year

Governance Achievements

  • Credit Rating of A+ (Long-term) and A1+ (Short-term) by CARE and ICRA for FY 2017-18 based on financial stability & improved profitability
  • Board has recommended Dividend distribution to shareholders for 5th consecutive year
  • Zero tolerance for sexual harassment, complying with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

Climate Goals & Targets

Environmental Challenges

  • Economic environment, increased pricing pressure and decreased utilization rates
  • Currency fluctuations
  • Intense competition
  • Procuring power at lower costs for data centers by competitors
  • Business incompatibility with future internet access service delivery methods
Mitigation Strategies
  • Offering services at competitive prices, tighter expense control, cost-effective infrastructure
  • Using derivative financial instruments to hedge foreign exchange risks
  • Maintaining customer relationships, cost monitoring, competitive pricing
  • Reducing power dependency through renewable sources
  • Employee training on latest technologies

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Green Data Center
  • Cloudinfinit
  • ForumNXT
  • iTest

Awards & Recognition

  • Best Data Center practice and Best Managed Network solutions award
  • ICT Company of the year

Reporting Period: 2018-19

Environmental Metrics

ESG Focus Areas

  • Financial Capital
  • Manufactured Capital
  • Intellectual Capital
  • Human Capital
  • Natural Capital
  • Social & Relationship Capital

Environmental Achievements

  • Adoption of EIA guidelines
  • Usage of wind energy for power requirements
  • Lower carbon footprint
  • Reduced dependence on non-renewable energies
  • Green Data Center Policy in Noida facility (water recycling, motion sensors, energy-efficient devices)

Social Achievements

  • Rs. 137 lakhs CSR contribution
  • Featured in Fortune Next 500
  • Cloud Transformation Award by CyberMedia
  • Featured in 2 Gartner industry reports
  • CIO Choice Awards for 2 categories
  • Iconic Cloud Player of the year by Market Guide
  • Economic Times Critical Capabilities for Managed Hybrid Cloud Hosting APAC
  • HRX tool to address unconscious bias using VR
  • 26,548 person-hours of employee time for skill development
  • 1999 associates availed 701 unique courses
  • 51 internal certifications created to validate skills across 59 areas

Governance Achievements

  • Sixth consecutive year of dividend distribution
  • Credit rating of A+ (long-term) and A1+ (short-term) by CARE and ICRA
  • Compliance with Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013
  • Adherence to Nasdaq and SOX Act norms

Climate Goals & Targets

Environmental Challenges

  • Economic environment, increased pricing pressure, decreased utilization rates
  • Fluctuations in technology spending due to global economic slowdown
  • Currency fluctuations
  • Intense competition
  • Procuring power at lower costs for data centers by competitors
  • Incompatibility of business with future internet access delivery methods
  • Lead times for orders/contracts becoming longer, longer credit periods
Mitigation Strategies
  • Offering services at competitive prices through cost control and innovation
  • Using derivative financial instruments to hedge foreign exchange risks
  • Maintaining customer relationships through quality service and cost monitoring
  • Reducing power dependency by adopting renewable energy sources
  • Investing in employee training and development to adapt to technological advancements
  • Regular budget preparation and comparison with actual performance

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Brandon Hall Group Gold award for e-learning programs

Reporting Period: 2020-04 to 2021-03

Environmental Metrics

Total Energy Consumption:34 MW
Waste Generated:7.8 tonnes

ESG Focus Areas

  • Environment
  • Social
  • Governance
  • Resilience

Environmental Achievements

  • Reduction in energy consumption in NOC/Offices/Guest House: 4.27%
  • E-waste recycling: 7.8 tonnes

Social Achievements

  • Added 540 people to manage the rapidly expanding business
  • 66105 hours of learning through virtual classroom, eLearning, OEM portals and professional workshops

Governance Achievements

  • No complaints on account of sexual harassment
  • Maintained zero non-compliance status

Climate Goals & Targets

Environmental Challenges

  • Economic slowdown impacting IT spends
  • Currency fluctuations affecting financial performance
  • Growing competition impeding business profitability
  • High cost of power disadvantaging Data Center operations
  • Inability to meet SLAs impacting revenue and client attrition
  • COVID-19 pandemic impacting operations, supply chain, and employee absence
Mitigation Strategies
  • Competitive pricing, cost optimization, and fiscal discipline
  • Use of derivative financial instruments to hedge foreign exchange risks
  • Comprehensive business portfolio, long-term contracts, and outcome-based pricing
  • Increased reliance on renewable power and Green Data Center Policy
  • Automation of service delivery and geography-agnostic operations
  • Contingency plans, risk assessments, and liquidity mitigation options

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, UN SDG, UNGC

Certifications: ISO 27001, ISO 9001, ISO 20000, PCI DSS, ISO 45001

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 14
  • SDG 15
  • SDG 16

Reporting Period: 2022-23

Environmental Metrics

Total Carbon Emissions:70 mton (100 MW)
Renewable Energy Share:14%
Total Energy Consumption:100 MWh/year
Water Consumption:0.55 Kl per employee

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Water efficiency initiatives undertaken: 6%
  • Energy leakages: 3%
  • Share of renewables: 14%

Social Achievements

  • Hours spent in e-learning: 38,592
  • CSR spend: ~INR 331 Lakh
  • Ratio of women employees: 1%

Governance Achievements

  • Undertook a materiality mapping to identify issues important to our stakeholders ecosystem in June 2022
  • Reported on our first Sustainability coverage according to all Global Reporting Initiatives, standards and frameworks
  • Started a DEI (Diversity, Equality and Inclusion) Council in August 2022

Climate Goals & Targets

Short-term Goals:
  • Achieve and maintain optimum energy utilization and promote green energy
  • Efficient water resource management
  • Carbon neutrality

Environmental Challenges

  • Data Centers are energy intensive
  • Supply chain disruptions
Mitigation Strategies
  • Implemented comprehensive energy conservation and efficiency programs
  • Sustainable supply chain initiatives

Supply Chain Management

Responsible Procurement
  • Sustainable procurement systems

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: CMMi 5, ISO 9001, ISO 27001, SSAE 16

Awards & Recognition

  • Best Brands 2022 by Economic Times
  • The Economic Times - Choice of Tech Leaders’ for Product & Services Strategy in the category of SD-WAN Service Provider
  • Emerging Technology Services Organization of Karnataka
  • MOST PROMISING IT PARTNER from Tata Steel Long Products Limited

Reporting Period: 2023-24

Environmental Metrics

ESG Focus Areas

  • Renewables
  • Sustainable future

Environmental Achievements

  • 67 MW of renewable energy currently in operation out of a planned 231 MW.

Climate Goals & Targets

Environmental Challenges

  • Power reliability/Network outage challenges
  • Data center security challenges
  • Location constraints

Supply Chain Management

Climate-Related Risks & Opportunities