SoftTech Engineers Limited
Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Sustainability
- Net-zero initiatives
- Environmental responsibility
Environmental Achievements
- Development of a digital twin for Florianópolis International Airport Concessionaire, Brazil to enable energy optimization.
- Incorporation of environmental considerations into all aspects of operations.
Social Achievements
- AmpliNxt program supporting AEC startups, with 14 startups enrolled in the second cohort.
- Initiatives to enhance employee skills and knowledge through training.
Governance Achievements
- Appointment of Dr. Rakesh Kumar Singh as an Independent Director.
- Appointment of Mr. Garth Brosnan as Nominee Director.
- Re-appointment of Mr. Rahul Gupta and Mr. Shridhar Pillalamarri as Independent Directors.
Climate Goals & Targets
Medium-term Goals:
- Establish a strong presence in key markets such as the United States, the United Kingdom, MEA and the APAC region in the next three years.
Environmental Challenges
- Volatile global political and economic scenario.
- Rapidly changing business models due to technology.
- Breach of data privacy and protection.
- Inadequate laws in case of Intellectual Property (IP) management.
- Skilled Human Resource Availability and Retention.
- Client concentration risk.
- Expenditure on research and development.
- Attrition.
- Government Policy change.
- Technology changes.
- Sustainability Risks: Climate change and Environmental aspects.
Mitigation Strategies
- Proactive investment in infrastructure and resourcing.
- Leveraging business ecosystem through collaboration.
- Robust technology infrastructure and stringent data security norms.
- Measures to protect IPR through necessary certifications.
- Early planning and acquisition of talent.
- Increase business with private sector.
- Regular allocation of budget for R&D.
- Building and enhancing the R&D team.
- Providing training and other incentives to attract and retain employees.
- Diversification and expansion of revenue streams to private sector.
- Proposing SaaS based business models.
- Investing in R&D to cope up with current technology changes.
- Participating in customers’ climate change mitigation journey.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- AutoDCR
- PWIMS
- OPTICON
- BIMDCR
- RuleBUDDY
- CIVIT cloud platform
Awards & Recognition
- FICCI Smart Urban Innovations Awards
- Software Brand of the Year 2022
- Business Icon of the Year
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
- Environmental Stewardship
- Climate Action
Environmental Achievements
- Co-development of a smart water management system with Mitsubishi
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Volatile global political and economic scenario
- Rapidly changing business models due to technology
- Breach of data privacy and protection
- Inadequate laws in case of Intellectual Property (IP) management
- Skilled Human Resource Availability and Retention
- Client concentration risk
- Expenditure on research and development
- Attrition
- Government Policy change
- Technology changes
- Sustainability Risks
- Climate change and Environmental aspects
Mitigation Strategies
- Proactively investing in infrastructure and resourcing
- Leverage business ecosystem through collaboration
- Investments in building scale and differentiated capabilities
- Implement Location Independent Agile methods
- Constant scouring of the technology landscape
- Measures to protect IPR
- Early planning and acquisition of talent
- Increase the business with private sector
- Regular allocation of budget for R&D
- Build and enhance the R&D team
- Diversification and expansion of revenue streams
- Propose Saas based business models
- Investing in R&D
- Leveraging SEL’ core competencies
- Designing sustainability strategy, sustainability innovation, sustainable consumer analytics and sustainable dashboards
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: ISO
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 4 (Quality Education)
- Goal 3 (Good Health and Well-being)
- Goal 1 (No Poverty)
- Goal 5 (Gender Equality)
- Goal 13 (Climate Action)
- Goal 9 (Industry, Innovation and Infrastructure)
Not disclosed
Sustainable Products & Innovation
- Civit Suite
- AutoDCR
- PWIMS
- OPTICON
- BIMDCR
- RuleBuddy
- CivitPLAN
- CivitPERMIT
- CivitINFRA
- CivitBUILD
- CivitOPERATE
Awards & Recognition
- World Leadership Award (2007)
- The Manthan Award, South Asia (2010)
- Good Governance Award for National Technology Leadership (2010)
- AutoDCR® receives Best Practices Symposium and Citation ceremony 2010 Award for Hubli Dharwad Municipal Corporation (2011)
- e-Maharashtra Award for Best Urban ICT Initiative (2012)
- MCCIA Innovation & Entrepreneurship Award (2013)
- AutoDCR® wins the National e-Governance award (2013)
- Smart City National Award (2013)
- Skoch Order of Merit Certificate (2013)
- Rated by CARE Ratings as SE-1A (High Growth and Moderate Financial Potential) (2015)
- AIMA Award for Creativity and Innovation in Micro, small and Medium Enterprises (2016)
- Amravati Municipal Corporation Gets SKOCH Award (2017)
- India’s ‘Small Giants Award’ (2018)
- Economic Times Inspiring Leaders Award to Mr. Vijay Gupta (2021)
- Software Brand of the Year 2022 award (2022)
- Business Icon of the Year (2022)
- FICCI Smart Urban Innovations Awards (2022)
- NAREDCO Vidarbha Foundation award for AutoDCR® (2023)
- NICMAR Technology Award (2023)
- CIDC Vishwakarma Award (2024)
- Top 3 in FICCI Smart Urban Innovation Award (2024)