Climate Change Data

Black Box Limited

Climate Impact & Sustainability Data (2023-04 to 2024-03)

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Significant reductions in carbon emissions achieved by enhancing energy efficiency, optimizing real estate footprint, and modernizing the vehicle fleet.
  • Responsible waste management adhering to WEEE Regulations, collecting, treating, recycling, and recovering e-waste.
  • Focus on energy management in data centers, replacing outdated vehicles with fuel-efficient models, and reducing unnecessary office space.

Social Achievements

  • Partnership with Sarthak Foundation's JEET program to empower youth with disabilities through skill-building and employment opportunities.
  • Partnership with SayTrees for Miyawaki plantation drives, agroforestry, urban forestry, and water body rejuvenation.
  • Reduced global attrition rates through enhanced employee experience and engagement initiatives.

Governance Achievements

  • Implementation of a comprehensive Code of Conduct covering Board of Directors, employees, business partners, and vendors.
  • Establishment of a robust risk management policy and framework overseen by the Board of Directors and Risk Management Committee.
  • Annual performance evaluation of the Board, Chairman, Independent and Non-Independent Directors, and various Committees.

Climate Goals & Targets

Medium-term Goals:
  • Enhancing our ESG performance as per the ESG roadmap, which has a number of action plans for the next five years.
  • Setting up a Net-zero target as per SBTi protocol by the year 2026.
Short-term Goals:
  • Improving existing policies through gap assessment and aligning those policies with ESG parameters by the end of this financial year.
  • Restructuring the ESG Core Committee for better management of ESG risks in the year 2024-2025.

Environmental Challenges

  • Cybersecurity threats.
  • Regulatory compliance across multiple countries.
  • Market competition.
  • Talent acquisition and retention.
  • Rapid technological advancements.
  • Economic and geopolitical risks.
  • Supply chain disruptions.
  • Currency fluctuations.
  • Client concentration.
  • Project execution risks.
Mitigation Strategies
  • Enhanced cybersecurity infrastructure and threat detection systems.
  • Comprehensive compliance programs and regular audits.
  • Innovation, differentiation, and strategic partnerships.
  • Comprehensive career development programs and inclusive culture.
  • Continuous investment in research and development.
  • Market and supply chain diversification.
  • Hedging strategies and natural hedging techniques.
  • Expanding customer base and strengthening client relationships.
  • Streamlined decision-making processes and adequate resource allocation.
  • Proactive risk management framework.

Supply Chain Management

Responsible Procurement
  • Sustainable procurement, choosing vendors committed to renewable energy, reducing packaging waste and eco-friendly manufacturing.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Changes in climate patterns

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015, ISO 27001, ISO 20000, PCI DSS, PA DSS, NIA and P3, NIAP4