Climate Change Data

VFS Global (VFS or the Company)

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Renewable Energy Share:52%

ESG Focus Areas

  • Sustainable Economic Growth
  • Good Governance
  • Employee Well-being
  • Environmental Protection
  • Community Support
  • Diversity, Equity and Inclusion
  • Greenhouse Gas Emission Reduction

Environmental Achievements

  • 52% of global electricity usage covered by renewable energy
  • More than 1,500 trees planted in India and the UAE (9.2 tonnes CO2 sequestering)
  • Support of the Kolar bio-gas project, offsetting 73,429 tCO2 emissions for business-related travel
  • 18% of locations use certified green printing paper

Social Achievements

  • Female to Male ratio of 58:42 across all ranks
  • 99% of women employees in India returned to work after maternity leave due to flexible working hours and creche facilities
  • Close to 60% of operations staff are women
  • Equal pay ratio of 100%
  • 67% employee engagement (above industry average)
  • 82% of global workforce attended at least one training program
  • Average 2.9 person-days of training participation
  • More than 55,000 individuals benefited through VFS Global outreach initiatives
  • 60+ community initiatives rolled out across 22 countries

Governance Achievements

  • Leadership performance linked to sustainability goals
  • Integrated Report 2021 based on GRI standards
  • Target to increase women in leadership roles to more than 28% by end of 2022 from 23% in 2021

Climate Goals & Targets

Medium-term Goals:
  • Over 70% renewable energy by 2023
Short-term Goals:
  • Increase women in leadership roles to more than 28% by end of 2022

Supply Chain Management

Responsible Procurement
  • Green procurement (18% of locations use certified green printing paper)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:93,473 tCO2e/year
Scope 1 Emissions:7,446 tCO2e/year
Scope 2 Emissions:51,606 tCO2e/year
Scope 3 Emissions:34,421 tCO2e/year
Renewable Energy Share:72%
Total Energy Consumption:15,948 MWh/year
Water Consumption:Not disclosed
Waste Generated:10,035.25 tons/year
Carbon Intensity:10.6 tCO2e per FTE

ESG Focus Areas

  • Sustainable Economic Growth
  • Good Governance
  • Nurturing Colleagues
  • Protecting the Environment
  • Supporting Communities

Environmental Achievements

  • Shifted 72 percent of electricity needs to renewable energy through the use of Energy Attribute Certificates (EACs) in eligible countries, covering 11,023 MWhs.
  • Planted 202,000 trees (cumulative total of 203,500 trees) as part of our tree planting goal of one million trees by 2027
  • Overall carbon footprint decreased by 40 percent in 2022, compared to the base year of 2019

Social Achievements

  • Increased Employee volunteering from 0.25 hrs/FTE in 2021 to 0.68 hrs/ FTE in 2022
  • Benefited 59,000+ individuals from over 100 initiatives with more than 40 charity partners across regions towards education, women's empowerment and empathy causes.
  • Launched our Inclusive Language Guide within our framework of supporting Diversity Equity and Inclusion in the workplace.

Governance Achievements

  • Became a participant of the UN Global Compact Initiative, signed the UN Women’s Empowerment Principles and pledged to accelerate women representation in managerial levels with the UAE Gender Balance Council
  • Implemented an internal verification mechanism to ensure that the performance data presented in this report is accurate.
  • ESG Committee has reviewed and approved the report.

Climate Goals & Targets

Long-term Goals:
  • reach net zero in selected countries by 2050
Medium-term Goals:
  • Reach 95 percent Client Governments satisfaction
  • Reach 92 percent Applicants Satisfaction
Short-term Goals:
  • Improve Gender Diversity at senior management level (target of 29 percent)
  • Enhance employee engagement score by 2 percent from 2022
  • Reduce our carbon footprint (scope 1 & 2) by 10 percent with base year 2019

Environmental Challenges

  • War between Russia and Ukraine and the slower than anticipated lifting of travel restrictions in China affected the recovery in these regions.
  • Geopolitical and travel disruption
  • Changes in consumer demand may impact the group’s short-term growth rates and margin expectations.
Mitigation Strategies
  • VFS Global diversified footprint / travel corridors, and resilient business model, driven by the variety of visa categories available to applicants (including non-discretionary categories such as work, student and long-term settlement) as well as in-country citizen services has enabled VFS Global to recover its business more quickly.
  • Continuing cost discipline improved operational structure and efficiency measures put in place will enable VFS Global to capitalise significantly on the continued upswing in travel in 2023 and beyond.
  • VFS Global serves applicants across a broad range of visa requirements (tourist, business, relocation, employment, religious travel etc.), which also mitigates the consumer demand risk.

Supply Chain Management

Supplier Audits: 90% of total vendors assessed against sourcing code of conduct

Responsible Procurement
  • Supplier Code of Conduct
  • Prioritises purchasing from local businesses, small and medium-sized enterprises (SMEs), and diversifying our supply chain such as focusing on women-owned/run businesses, and indigenous peoples’ vendors

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB Standards, Greenhouse Gas (GHG) Protocol, UN SDGs

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 27001:2013, ISO 45001:2018, ISO 10002:2018, ISO/IEC/IEEE 23026:2015, Germany IT Grundschutz, Spain ENS, UK Cyber Essentials, ISO 37001:2016

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 1
  • Goal 4
  • Goal 5
  • Goal 8
  • Goal 10
  • Goal 12
  • Goal 13
  • Goal 15
  • Goal 16

Not disclosed

Sustainable Products & Innovation

  • eVisa services
  • Visa At Your Doorstep (VAYD) service

Awards & Recognition

  • Dubai Quality Appreciation Award (DQAA) 2021
  • Service Excellence 2022
  • Gulf Sustainability Awards Finalist
  • 19th Ghana Club 100 Awards
  • Golden Peacock National Training Award 2022
  • iVolunteer Awards 2022 Finalist
  • Best HR Management Team HR Flag Awards
  • Best HR Management Programme Award HR Flag Awards
  • People Maturity Model (PMM) Level 5 Certification