Environment
Message from the Head of ESG
Transparency in disclosing our ESG performance strengthens our stakeholders relationship. It helps to build trust in a brand and reinforce reputation.
30%
Of treated waste water in owned campuses is used within our facilities
2 windmills (2.1 MW each)
2,611 t CO e
2
Reduction per year
2 MW solar rooftop
1,362 t CO e
2
Emission reduction in FY23
46%
Electricity sourced from renewable energy
13,420
Trees planted and nurtured taking overall total to
Social
₹ 117.6 M
Spent on CSR activities
23,423
Lives impacted through CSR programs
432 events
Around fitness, health, women in tech, work-life balance
Social Programs
Including hackathons to drive innovation and training to nurture talent
33
Nationalities
30.8%
Women in workforce
Governance
7/10
Number of Independent Directors on the Board
2/7
Women Directors on the Board
99%
Code of Conduct training coverage
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33rd Annual Report, 2023
96,035
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33rd Annual Report, 2023
trees planted and nurtured taking
Home
FY23 Performance Highlights
Digital Engineering Leadership
Environmental, Social and Governance
Persistent Foundation
Persistent University
Awards and Analyst Recognitions
Engineering Client Success
Our Partner Ecosystem
Innovation
The Persistent Way Forward
Delivering Value
for Our People and Planet
Persistent has joined the United Nations Global Compact as a part of its commitment to being a responsible organization.
At Persistent, we are deeply committed to integrating sustainability and ethical practices into every aspect of our business strategy. Our overarching goal is not only to achieve profitability but also to create a positive impact on both society and the environment. By harnessing our technological expertise and innovative solutions, we strive to deliver value through our operations.
Delivering Value for Our People and Planet
Message from the Chairman
We are going beyond environmental aspects to encompass inclusivity, equity and social impact. Creating awareness and identifying key performance indicators in these areas are crucial.
Message from the CEO
I am delighted to present the second edition of our Environmental, Social, and Governance (ESG) Report, which showcases our continuous efforts to enhance our ESG commitments and integrate them into our operational model.
Message from the Chief of Operations
I am happy to inform you that Persistent continued to make significant strides to elevate the sustainability of our operations. During 2022-23, we partnered with a number of stakeholders to enhance our ESG coverage, overcome data gaps, improve disclosures, and evolve policy frameworks.
Message from the Head of ESG
Transparency in disclosing our ESG performance strengthens our stakeholders relationship. It helps to build trust in a brand and reinforce reputation.
Our unwavering commitment lies in cultivating an inclusive work environment, empowering diverse talents to flourish. We firmly believe in supporting and enhancing local communities, actively seeking opportunities to contribute and uplift. Our core values are rooted in social responsibility, propelling us towards a fairer and more equitable world for all.
Driving Positive Social Impact and Empowerment
Social
Nurture diverse talent and foster local communities
Social Vision
Ambitions
Inclusive Workforce
Progress in Fiscal 2023
2028
To include people of all genders, ethnicities, sexual preferences, religions and specially abled persons in our diverse workplaces
2028
Achieve 35% of female representation in the workforce with a special focus to increase women in the senior management
30.8%
Women in workforce
36
Specially abled people
11.14%
Women in leadership roles
33
Nationalities
Ambitions
Ensure work-life harmony to achieve professional and personal goals
Progress in Fiscal 2023
Zero
Accidents
432
Events around fitness, health, women in tech, work-life balance
Employee Health and Safety
Maintain zero accidents in the workplace
Implement holistic wellbeing initiatives focusing on physical, social, financial, and emotional health
Ambitions
Touch lives to deliver high-impact programs in Education, Community Development and Health for diverse beneficiaries
Progress in Fiscal 2023
23,423
Lives impacted through
CSR programs
6,623
hours by volunteering in
ISR activities
Sustainable Livelihood
3,993
Volunteers demonstrated ISR
Ambitions
2023
Achieve learning coverage of 90%
2024
Nurture long-term employees to get them ready for senior management roles
Progress in Fiscal 2023
89%
Employee satisfaction score(ESAT)
87%
Learning coverage
Attract and Nurture Talent
Ensure a healthy mix of internal and external talent
Ambitions
By 2028
Enhance supplier standards of conduct and selection of 50% vendors with focus on ESG performance
Progress in Fiscal 2023
Top 50
Vendors identified by spent
Value Chain Sustainability
With an unwavering commitment, we are actively pursuing our environmental goals and preserving the planet. By integrating clean technology solutions across our operations, we are dedicated to minimizing our environmental impact and fostering a positive footprint. Through the alignment of our business strategies with sustainability agenda, we strive to create a better future for generations to come.
Preserving Our Planet: Nurturing Environmental Stewardship
Environment
Reduce GHG emissions using technology solutions
Environment Vision
UN SDGs Aligned
Ambitions
2026
Carbon Neutral for Scope1 and Scope2 emissions
Progress in Fiscal 2023
46%
Electricity sourced from renewable energy
13,420
Trees planted and nurtured taking overall total to 96,035
Climate Action, Energy and Emission Management
Ambitions
Progress in Fiscal 2023
30%
of treated waste water in owned
campuses is used within our facilities
Water Stewardship
UN SDGs Aligned
Carbon Neutral by 2030
2028
Reduce 30% emissions (Scope 3) from our global operations
2026
Reduce freshwater consumption and achieve 100% wastewater recycling in owned campuses
Increase groundwater recharge and water storage capacities in water affected regions
Progress in the above table corresponds to India operations only
We strive to provide the highest standards of governance for the benefit of our stakeholders. We ensure transparency, accountability and integrity at every level of the organization, and we have policies and committees in place to address governance issues.
Steering the Path to Excellence
Governance
Create value for stakeholders by integrating ESG with our business
Governance Vision
UN SDGs Aligned
Ambitions
2023
100% training in code of conduct
Zero tolerance for unethical and
non-compliant behavior
Progress in Fiscal 2023
99%
Completion of Code of Conduct training
Ethical Conduct
Ambitions
To be recognized as industry leader in information security and cloud practices
Use information governance to effectively manage data privacy and security related risks
Progress in Fiscal 2023
Risk and Compliance
Enhanced the security controls by investing in advance security platforms like CNAAP, Cloud SIEM etc.
No data breaches reported in FY23
Ambitions
Protect the rights of all employees across all locations
Practice “One Persistent, One Family”
Progress in Fiscal 2023
We deeply honor and safeguard the human rights of our diverse workforce, fostering an environment free from discrimination
Human Rights
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The Persistent Way
ESG Report 2022-23
Delivering Value
for Our People and Planet
Download Report
ESG Report 2022-23
2030
RE 100
(100% electricity sourced from renewable energy)
With an unwavering commitment, we are actively pursuing our environmental goals and preserving the planet. By integrating clean technology solutions across our operations, we are dedicated to minimizing our environmental impact and fostering a positive footprint. Through the alignment of our business strategies with sustainability agenda, we strive to create a better future for generations to come.
Preserving Our Planet: Nurturing Environmental Stewardship
Environment
Reduce GHG emissions using technology solutions
Environment Vision
UN SDGs Aligned
Climate Action, Energy and Emission Management
Ambitions
2026
Carbon Neutral for Scope1 and Scope2 emissions
2028
Reduce 30% emissions (Scope 3) from our global operations
2030
RE 100
(100% electricity sourced from renewable energy)
Progress in Fiscal 2023
46%
Electricity sourced from renewable energy
13,420
Trees planted and nurtured taking overall total to 96,035
2026
Reduce freshwater consumption and achieve 100% wastewater recycling in owned campuses
Increase groundwater recharge and water storage capacities in water affected regions
30%
of treated waste water in owned
campuses is used within our facilities
Water Stewardship
Progress in the above table corresponds to India operations only
Our unwavering commitment lies in cultivating an inclusive work environment, empowering diverse talents to flourish. We firmly believe in supporting and enhancing local communities, actively seeking opportunities to contribute and uplift. Our core values are rooted in social responsibility, propelling us towards a fairer and more equitable world for all.
Driving Positive Social Impact and Empowerment
Social
Nurture diverse talent and foster local communities
Social Vision
UN SDGs Aligned
Ambitions
2028
To include people of all genders, ethnicities, sexual preferences, religions and specially abled persons in our diverse workplaces
2028
Achieve 35% of female representation in the workforce with a special focus to increase women in the senior management
Progress in Fiscal 2023
30.8%
Women in workforce
36
Specially abled people
11.14%
Women in leadership roles
33
Nationalities
Inclusive Workforce
Ensure work-life harmony to achieve professional and personal goals
Maintain zero accidents in the workplace
Implement holistic wellbeing initiatives focusing on physical, social, financial, and emotional health
Zero
Accidents
432
Events around fitness, health, women in tech, work-life balance
Employee Health and Safety
Touch lives to deliver high-impact programs in Education, Community Development and Health for diverse beneficiaries
23,423
Lives impacted
through CSR programs
6,623
hours by volunteering in ISR activities
3,993
Volunteers demonstrated ISR
Sustainable Livelihood
2023
Achieve learning coverage of 90%
2024
Nurture long-term employees to get them ready for senior management roles
Ensure a healthy mix of internal and external talent
89%
Employee satisfaction score(ESAT)
87%
Learning coverage
Attract and Nurture Talent
By 2028
Enhance supplier standards of conduct and selection of 50% vendors with focus on ESG performance
Top 50
Vendors identified by spent
Value Chain Sustainability
We strive to provide the highest standards of governance for the benefit of our stakeholders. We ensure transparency, accountability and integrity at every level of the organization, and we have policies and committees in place to address governance issues.
Steering the Path to Excellence
Governance
Create value for stakeholders by integrating ESG with our business
Governance Vision
UN SDGs Aligned
Ambitions
2023
100% training in code of conduct
Zero tolerance for unethical and
non-compliant behavior
Progress in Fiscal 2023
99%
Completion of Code of Conduct training
Ethical Conduct
To be recognized as industry leader in information security and cloud practices
Use information governance to effectively manage data privacy and security related risks
Enhanced the security controls by investing in advance security platforms like CNAAP, Cloud SIEM etc.
No data breaches reported in FY2022-23
Risk and Compliance
Protect the rights of all employees across all locations
Practice “One Persistent, One Family”
We deeply honor and safeguard the human rights of our diverse workforce, fostering an environment free from discrimination
Human Rights
Ambitions
Progress in Fiscal 2023
Ambitions
Progress in Fiscal 2023
Ambitions
Progress in Fiscal 2023
Ambitions
Progress in Fiscal 2023
Ambitions
Progress in Fiscal 2023
Ambitions
Progress in Fiscal 2023
Ambitions
Progress in Fiscal 2023
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