Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Information Technology - CSR and Sustainability Insights (Preview)

521 views

Published on

Information Technology - CSR and Sustainability Insights

The Indian information technology (IT) and IT enabled services (ITeS) industry is divided into four major segments of IT services, business process management (BPM), software products & engineering services, and hardware. The sector has an enabling effect across industries in the form of key technologies such as telemedicine, remote monitoring solutions, etc. This report looks at CSR and sustainability measures of the following 9 IT companies.

To Download this report please visit https://www.futurescape.in/reports/

Published in: Technology
  • Be the first to comment

  • Be the first to like this

Information Technology - CSR and Sustainability Insights (Preview)

  1. 1. www.futurescape.in 2 0 1 5 I N F O R M AT I O N T E C H N O L O G Y CSR and Sustainability Insights
  2. 2. Futurescape CSR and Sustainability INSIGHT 2 Preface Corporate India has seen in the last decade that the path towards growth is not linear. Constant expansion also means a constant hunt for resources invariably leading to a conflict between man and nature. There is a need to balance opportunity and responsibility. While good governance and far reaching policies are part of the answer, much more needs to be done to manage Risk, Responsibility and Reputation. The study series investigates CSR and sustainability in select industries in India. 1. We start the discussion on materiality – issues that have significant impact on CSR and sustainability in the industry. Sustainability reports are the primary communication tool for companies and we link materiality to outcome communicated though sustainability reports. We highlight the key materiality issues by linking the material issues to industry value chain. Each material item is then examined in detail and critical questions raised. We then compare key material issues across industries. 2. This is followed by a discussion of key elements of CSR and sustainability – governance, disclosure, stakeholders and sustainability. Having raised material issues we examine how the sector performs on these issues. Detailed insights follow on governance, disclosure, CSR and sustainability. A key feature of our study is an investigation of comparison of key industry sustainability parameters for the industry. India’s CSR rules list areas that companies can invest in for the purpose of mandatory CSR spend. We evaluate industry performance on these parameters. as well Data in this report is based on websites, annual reports and sustainability reports of companies in 13-14. as well as India’s top companies for CSR and Sustainability report 2015.
  3. 3. Futurescape CSR and Sustainability INSIGHT 3 About the Report In the 2 years since we started examining CSR and Sustainability initiatives of Indian companies we have found a positive movement towards integrating CSR and Sustainability into core business.  However, this is only true of the top companies. As we go down the Economic Times 500 list we find that firms in the lower half have not looked at these areas strategically and are just starting out on their responsibility journey. The   findings of this report should inspire companies to examine their own progress and identify where they stand on the path to creating a responsible future. Investors can examine where companies stand and how likely are they to gear up to the challenge of a world where risk, reputation and responsibility are increasingly interconnected. Business will need be part of the solution on issues like climate change, endemic poverty, obesity and so on. Smart companies are looking for ways to play expectations to their advantage, to find solutions to the challenge that are profitable. Leading businesses are exploring how to combine profit with creating a sustainable future. Business strategies that address this challenge at a profit will define the successful business of the next 10 years. This report helps companies look at their companies sustainability programmes in relation to the industry and  raise questions like: 1. How can this company build on its p a rt i c u l a r s t re n g t h s t o p ro fi t f ro m sustainability?  2. What are the specific impacts of sustainability issues on its markets, supply chain, staff and so on? 3. What are the innovations which will enable customers to meet their needs, within environmental limits?  4. What are the markets, current and potential, where the company create a profitable, sustainable offer?  5. How must the business shape its context to make sure there is a sustainable base to its competitive advantage? 6. What are the values and activities that brands needs to support that will add value to the business, its customers and society? Namrata Rana is a Director at Futurescape. Sustainability, CSR and Healthcare are her primary focus. An alumni of IIM Ahmedabad and Cambridge, she works to build customer experiences that integrate CSR, Sustainability and digital. Utkarsh Majmudar is a professional with experience encompassing academics and administration at IIM Lucknow, IIM Udaipur and IIM Bangalore. His interest areas include corporate finance and CSR.  
  4. 4. Futurescape CSR and Sustainability INSIGHT 4 Contents Page 5 - The Study Page 6 - Material Issues Page 11 - Sector Overview Page 12 - Insight - Governance + Disclosure Page 13 - Insight - Sustainability Page 15 - Insight - CSR Stakeholders Page 19 - List of India’s top companies for CSR and Sustainability 2015 Disclaimer: The publisher is not responsible in any manner since the data and studies published here are based on available data, reports, and interpretation thereto and not based on their personal opinion. The report reflects the situation as of the date of the report and is thus subject to continuous modification. The information herein was obtained from corporate and third-party sources.
  5. 5. Futurescape CSR and Sustainability INSIGHT 5 The Study The Indian information technology (IT) and IT enabled services (ITeS) industry is divided into four major segments of IT services, business process management (BPM), software products & engineering services, and hardware. The sector has an enabling effect across industries in the form of key technologies such as telemedicine, remote monitoring solutions, etc. This report looks at CSR and sustainability measures of the following 9 IT companies. 1. Cisco 2. CSC 3. Genpact 4. HCL Tech 5. Infosys 6. Emphasis 7. TCS 8. Tech Mahindra 9. Wipro
  6. 6. Futurescape CSR and Sustainability INSIGHT 6 Sector Response to Key Material Issues Data security and privacy A-third of the companies disclosed measures for customer data privacy/security. Cisco is the only company that conducts customer awareness on data security and privacy Sustainable products/services Most companies have sustainable products/services but the percentage of companies is weakest across sectors. Sustainable products %companies 0% 25% 50% 75% 100% Energy Auto Telecom Capitalgoods Cons.Staples Utilities Healthcare O.Industries Materials Diversified Financials IT Strong Average Weak
  7. 7. Futurescape CSR and Sustainability INSIGHT 7 Strong Average Weak Sector Response to Key Material Issues Bio Diversity Two-thirds of IT companies have biodiversity activities to preserve animals, flora and fauna. Policy on biodiversity %companies 0% 25% 50% 75% 100% Energy IT Materials Utilities CapitalGoods Auto Cons.Staples Diversified Healthcare Financials O.Industries TelecomLogistics Only 20% of IT companies have targets/programs to reduce environmental impact from logistics. Programs to reduce emissions from logistics %companies 0% 18% 35% 53% 70% Healthcare Materials Cons.Staples Auto Energy CapitalGoods IT O.Industries Telecom Utilities Financials Diversified

×