Climate Change Data

Environmental Metrics

Social Achievements

• Adopted a policy on prevention, prohibition, and redressal of sexual harassment at the workplace in line with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. No complaints received during the year.
• Continued to grow its global scale and footprint with a diverse talent base of 771 employees representing 18 nationalities, deployed across the globe.

Governance Achievements

• Achieved ISO 9001-2008 and CMMI – DEV Version 1.3 – Level 3 international quality standards for process definition and improvement.
• Trigyn’s offshore development operation is also certified for ISO 27001 standard for security.

Climate Goals & Targets

Environmental Challenges

• Prolonged economic impact in the US market impacting business revenues.
• Economic downturn impacting customers.
• Increasing competition across the IT services industry.
• Shrinking number of client dollars and more competitors chasing these dollars, threatening revenue and profit margins.

Mitigation Strategies

• Consolidating overhead to least costly geographies to realize savings and enhance service offerings.
• Re-evaluating initiatives in unfavorable geographies and servicing them through partnerships or from other locations (subject to statutory approvals).
• Focusing on retention and development of existing talent through incentives (stock options, compensation, training, promotion).
• Ensuring strict compliance with all laws and regulations in all regions of operation.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Social Achievements

• Various employee engagement initiatives were carried out, including monthly PoB awards, Spot Peer Appreciation Awards, and Stock Options.
• Zero tolerance for sexual harassment at workplace; no complaints received during the financial year.

Governance Achievements

• Established five board committees: Audit Committee, Nomination/Remuneration/Compensation Committee, Corporate Social Responsibility Committee, Stakeholders Relationship & Grievance Committee, and Risk Management Committee.
• Carried out an annual evaluation of its own performance, Board committees, and individual directors.

Climate Goals & Targets

Environmental Challenges

• Business revenues predominantly from the US market; prolonged economic impact could adversely affect business.
• Increasing competition across the IT services industry.
• Accumulated losses preventing dividend recommendation.

Mitigation Strategies

• Cost optimization measures (increasing offshore effort ratio, deploying people in right jobs).
• Strengthening sales productivity (new sales team).
• Strengthening delivery team.
• Capital reduction scheme to write off accumulated losses.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Implemented Sexual Harassment Committee; received no complaints during the year.
• Regular internal and external training programs for employees.
• Initiatives for employee rewards and recognition.

Governance Achievements

• Compliance with SEBI Listing Regulations.
• Established five board committees: Audit, Nomination/Remuneration/Compensation, CSR, Stakeholders Relationship & Grievance, and Risk Management.
• Annual board performance evaluation.

Climate Goals & Targets

Environmental Challenges

• Revenue drop due to amendment in Inter-Company Agreement with US subsidiary.
• Economic downturn impacting US clients.
• Increased competition in the IT services industry.
• Revenue predominantly from the US market.

Mitigation Strategies

• Cost optimization measures (increasing offshore effort, right job deployment, eliminating unnecessary costs).
• Strengthened sales team to acquire large, profitable projects.
• Strengthened delivery team.
• Focus on diversification of Staff Augmentation business.
• Focus on talent retention and development through incentives (stock options, compensation, training).

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: Ind AS

Certifications: ISO 9001-2008, ISO 27001:2013, CMMI – DEV Version 1.3 – Level 3

Third-party Assurance: Ford Rhodes Parks & Co LLP

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed