×
ENVIRONMENTAL, SOCIAL AND GOVERNANCE

Environmental

OUR ESG VISION IS “HAPPIEST PEOPLE. HAPPIEST PLANET. HAPPIEST CUSTOMERS. HAPPIEST BUSINESS.”

As a mindful IT company, Happiest Minds is committed to providing leading digital transformation technologies that respond to the challenges of the world and promote sustainable development. We believe that sustainable behavior in every aspect of our business is a natural prerequisite for building stronger relationships with customers and employees and contributing to positive development in society.

We intend to enable a low-carbon and resource-wise economy, empower our people & communities, and embed responsible Corporate Governance and Business Integrity practices throughout the Company by following leading national and global regulations, guidelines, and frameworks.

At Happiest Minds, we are committed to taking meaningful action for a sustainable future to demonstrate environmental stewardship. With our Sustainability Roadmap to 2030 to protect the environment, we are working on solutions that help minimize the impact of our operations, and engaging with our value chain partners to drive improvements.

Our environmental goals are focused on optimizing energy, making responsible use of our natural resources, and reducing waste to create sustainable progress. We will also maximize the usage of renewable energy while reducing the use of fossil fuels by working closely with our value chain partners to assess and help reduce the environmental impact.

VALUE CHAIN SUSTAINABILITY

Value chain has become a critical area for many businesses since they use huge resources and money and are frequently a source of unnecessary waste. Thus, value chain has emerged as a key corporate goal as companies have started to measure the societal and environmental impact of their goods and services from the beginning to the end of their life cycles.

Sustainable value chain addresses global issues such as climate change, water security, deforestation, human rights, fair labor practices and corruption while carrying out routine focus on speed, cost, and reliable operations.

We are evaluating our value chain partners to engage with them on key sustainability objectives. To achieve environmental stewardship including energy and water efficiency, waste management, and green services, and create a socially responsible business environment, we have designed a framework that is being implemented with Tier-1 suppliers under phase-I. In addition to Scope-1 and Scope-2 GHG emissions, the value chain sustainability framework also helps us understand and derive Scope-3 emissions across the upstream and downstream value chains.

Key Supply Chain Initiatives Undertaken in FY 2022-23

Deploying Dynamics 365 (D365)

One of the major automation initiatives this year was to integrate Deploying Dynamics 365 (D365) with a cloud software suite to register new vendors and ensure business continuity like speed, accuracy, and a digital solution when communicating with them.

Effective Vendor Evaluation

Another important factor to achieve a sustainable supply chain is to effectively evaluate the vendors. We have added new evaluation parameters to analyze vendors with price, delivery, technicality, etc. We encourage vendors from vulnerable groups and local markets to associate and work on sustainable goals while conducting business.

Creating New Supply Chain Ecosystem

In continuing our goal to create a sustainable supply chain, we have registered new vendors and generated better business opportunities at our latest campuses in Bhubaneswar, Madurai and Coimbatore. In addition to this, we have also adopted wire transfer payments instead of credit cards for safe and reliable transactions.