Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Carbon Neutrality

Environmental Achievements

• Reduced carbon footprint by 87% compared to 2019.
• 80% of electricity from renewable energy (wind energy) in FY22-23, offsetting 1748 tons of CO2.
• Net emission of -440.30 tons in FY22-23.
• Zero-waste campus status maintained.
• Recycled 3416 KL of water in FY22-23.
• Recharged 6000 KL of water through rainwater harvesting in FY22-23.
• Upcycled 550 kg of Tetra Pak waste into benches.
• Reduced prints consumed from 35 lakhs in 2008-09 to 1.22 lakhs in 2022-23.
• Zero new data tapes procured since 2017 despite a 10-fold increase in data.
• Reduced data center power consumption by 11974.6 kWh per annum.
• 18,414 kg of CO2 reduction by using electric vehicles for employee shuttles.
• Donated 102 kg of plastic waste for upcycling.
• Donated 1.8 tons of paper waste for recycling.
• Donated 93 light fittings and 17 furniture items.
• Donated 156 refurbished desktops and 63 laptops.

Social Achievements

• Supporting 100-150 meritorious students annually with Rs 25,000 each.
• Setting up a center for children with Neuro-Developmental Disabilities.
• Helping marginalized women with app-based financial management.
• Solar lighting project for Belagavadi village.
• Organic waste composting unit set up in Domlur area, diverting 40 tons of waste from landfills and generating 15 tons of compost.

Governance Achievements

• Global Environmental Management ISO 14001 training for 99% of employees.
• Commitment to transparency and reporting progress in ESG.

Climate Goals & Targets

Environmental Challenges

• Reducing Scope 3 emissions.
• Minimizing environmental impact of electronic devices procured.

Mitigation Strategies

• Setting up metrics and engaging suppliers to reduce emissions in their supplies.
• Maximizing utilization of electric fleets for employee transport.
• Converting all desktops to laptops.

Supply Chain Management

Responsible Procurement

• Engaging suppliers to reduce emissions.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Impact
• Energy Management
• Waste Management
• Diversity & Inclusion
• Human Rights
• Employee Well-being
• Corporate Governance
• Data Privacy
• Cyber Security

Environmental Achievements

• Achieved 100% of envisaged environment targets for FY24
• Recycled an average of 375 KL of water every month for common usage
• Transitioned 80-85% of energy sourcing to wind power since 2018, reducing reliance on non-renewables
• Reduced GHG emissions by 62% compared to the base year of 2018-19
• Reduced CO2e emissions to 1309 tonnes in 2024 from 440 tonnes in 2023
• Reduced water consumption by 7 liters per person in 2024 compared to 2023
• Maintained zero-waste campus status
• Reduced approximately 45 tons of CO2 offset per year through dry leaf composting

Social Achievements

• 100% of employees covered by Human Rights Assessments
• Zero adverse health incidents/accidents at development centers over the last couple of years
• Supported 16.5 lakhs lives through digital app
• Morning nutrition program benefiting 4577 students daily (53% girls)
• Skill development program covering 2089 students across 3 colleges (68% girls)
• STEM lab program reaching 435 students (53% girls)
• Scholarships provided to 100 students (53% girls)
• Provided 30,000 meals and 80 medical kits through partnership with Joy of Giving
• Mobile Eye Hospital established in partnership with VIIO, conducting 2289 screenings, 692 laser sessions, and 151 corrective surgeries

Governance Achievements

• 100% compliance to all statutory and regulatory compliance
• Zero data privacy breaches and zero cybersecurity breaches
• Zero disaster incidents

Climate Goals & Targets

Environmental Challenges

• Engaging diverse stakeholders with varying interests, priorities, and expectations

Mitigation Strategies

• Actively engaging stakeholders to understand concerns and expectations
• Building trust, fostering dialogue, and addressing conflicting perspectives to achieve alignment and collaboration

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Partnering with sustainable vendors
• Ensuring all electronic purchases meet energy efficiency standards (Energy Star-rated and EPEAT certified)
• Using 100% recycled paper stationery
• Procuring eco-friendly pens and pencils
• Sourcing corporate gifts from rural artisans
• Using eco-friendly, biodegradable cleaning chemicals
• Sourcing e-vehicles for employee transport

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, BRSR

Certifications: ISO 9001, ISO 14001, ISO/IEC 27001, ISO/IEC 27701, CMMI-V2.0-ML3, TISAX AL-3, ISO 26262, Automotive SPICE

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 6 (Clean Water and Sanitation)
• SDG 7 (Affordable and Clean Energy)
• SDG 13 (Climate Action)
• SDG 4 (Quality Education)
• SDG 5 (Gender Equality)
• SDG 8 (Decent Work and Economic Growth)
• SDG 3 (Good Health and Well-being)
• SDG 2 (Zero Hunger)

Various initiatives align with these goals, including water recycling, renewable energy use, carbon emission reduction, education programs, women empowerment initiatives, and healthcare support.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Avatar and Searamount’s “100 best companies for Women”, “Exemplar’s Inclusion Awards”