Sustainability Report 2014-15
Total Page:16
File Type:pdf, Size:1020Kb
Sustainability Report 2014-15 We are Mindtree: a people-focused environment that encourages individuals to form communities to serve sustainability causes. Our third sustainability report celebrates the power of communities for creating sustainability impacts. Content Welcome to possible Executive message ----------------------------------------------------------------------- 07 Highlights of our sustainability performance: 2014-15 ---------------------------- 09 Way forward 2015-16 ------------------------------------------------------------------- 12 Sustainability Overview of the sustainability report ------------------------------------------------- 15 Our sustainability framework and the CSR charter ------------------------------------ 17 Materiality and stakeholder inclusiveness ------------------------------------------- 19 Enterprise risk management ------------------------------------------------------------ 26 Corporate governance -------------------------------------------------------------------- 30 The Expert Mindtree Mind View on workplace sustainability -------------------------------------------------------- 35 Grooming the Expert Mindtree Mind --------------------------------------------------- 36 Engaging the individual in performance ---------------------------------------------- 42 Community story: Dhriti - A community of women, for women ------------------ 54 Nurturing the Environment View on environmental sustainability ------------------------------------------------- 59 Approach to environmental responsibility ------------------------------------------- 60 Our performance highlights and plans ahead --------------------------------------- 62 Sustainable procurement --------------------------------------------------------------- 70 Community story: Initiation into individual social responsibility, ---------------- 72 for our Campus Minds Community story: IGG - Creating a community of entrepreneurs ---------------- 74 Serving the Society View on leading social transformation ------------------------------------------------ 77 Our approach to CSR --------------------------------------------------------------------- 78 Contributions of the Mindtree Foundation ------------------------------------------- 79 Community story: Udaan – Giving wings to medical aspirations of poor, rural children -------------------------------------------------------------------- 86 Economic Value Creation View on economic value ----------------------------------------------------------------- 91 Highlights of performance --------------------------------------------------------------- 92 Community story: Osmosis - Communities of Knowledge --------------------------- 99 Annexures Global presence ------------------------------------------------------------------------- 103 Assurance statement ------------------------------------------------------------------- 106 Data assumptions ----------------------------------------------------------------------- 109 UNGC, NVG and GRI content index --------------------------------------------------- 110 Glossary ----------------------------------------------------------------------------------- 130 Welcome to possible Welcome to possible outcomes of these internal communities are possible how our communities expanded to embrace our because of the commitment of the people and the partners too. Today, the extended communities are Our mission: We engineer meaningful technology solutions to help support of the organization. richer with the energy and ideas of our external partners. businesses and societies flourish. Somewhere along the journey of our internal communities, we realized the possibility of extending This report is dedicated to our communities for being With 15 years and a turnover of over USD 583.8 Environmental and Economic Responsibilities of their boundaries and redefining their scope. That’s our constant sustainability champions! million to its credit, Mindtree has not only been a Business (NVG-SEE). Our organization became a successful global information technology solutions signatory of UNGC in 2014. company, but also a responsible and inclusive organization with deep-set values. Mindtree is in a We have followed the framework of GRI (Global position of strength for its accomplishments that Reporting Initiative) for 2014-15 as we did last year, spread beyond the financials to include the social with an A+ level report. We started our reporting and the environmental. journey in 2012 and produced our first report in 2013. Our second sustainability report (2013-14) Mindtree’s performance for 2014-15 has been marked shared our performance across economic, social and with revenue growing at 17.51% and net profits at environmental bottomlines, our culture which 19%. Our values of collaborative spirit, unrelenting anchors the performance and also how our people, dedication and expert thinking, once again came as change-agents, are causing positive impacts on together last year, in our client-focused strategies. the society. Driven by ‘real people’, ‘real expertise’ and ‘real Our third annual sustainability report for the financial solutions’, our performance leveraged our strengths year 2014-15, is a GRI 3.1 based A+ level report in Agile software development, mobility and cloud mapped to UNGC and NVG SEE principles. It shares computing in a context which is increasingly growing our actions and impacts across economic, digital. We have set out to “make digital real” for environmental and social categories. It focuses on our clients. the progress of the initiatives that we shared in our last report. We also share a few stories of the way We continue to explore opportunities for deeper and individual Mindtree Minds have come together in greater impact on the society and the environment (internal) communities to create sustainability through our efforts in CSR and sustainability. We are impacts. an organization driven by deep social conscience and endorse the principles of the UNGC (United Nations Theme of the report Global Compact) and the principles recommended by Mindtree has nurtured many a community under the National Voluntary Guidelines - Social, its wings over the years. The positive and diverse 5 outcomes of these internal communities are possible how our communities expanded to embrace our because of the commitment of the people and the partners too. Today, the extended communities are support of the organization. richer with the energy and ideas of our external partners. Somewhere along the journey of our internal communities, we realized the possibility of extending This report is dedicated to our communities for being With 15 years and a turnover of over USD 583.8 Environmental and Economic Responsibilities of their boundaries and redefining their scope. That’s our constant sustainability champions! million to its credit, Mindtree has not only been a Business (NVG-SEE). Our organization became a successful global information technology solutions signatory of UNGC in 2014. company, but also a responsible and inclusive organization with deep-set values. Mindtree is in a We have followed the framework of GRI (Global position of strength for its accomplishments that Reporting Initiative) for 2014-15 as we did last year, spread beyond the financials to include the social with an A+ level report. We started our reporting and the environmental. journey in 2012 and produced our first report in 2013. Our second sustainability report (2013-14) Mindtree’s performance for 2014-15 has been marked shared our performance across economic, social and with revenue growing at 17.51% and net profits at environmental bottomlines, our culture which 19%. Our values of collaborative spirit, unrelenting anchors the performance and also how our people, dedication and expert thinking, once again came as change-agents, are causing positive impacts on together last year, in our client-focused strategies. the society. Driven by ‘real people’, ‘real expertise’ and ‘real Our third annual sustainability report for the financial solutions’, our performance leveraged our strengths year 2014-15, is a GRI 3.1 based A+ level report in Agile software development, mobility and cloud mapped to UNGC and NVG SEE principles. It shares computing in a context which is increasingly growing our actions and impacts across economic, digital. We have set out to “make digital real” for environmental and social categories. It focuses on our clients. the progress of the initiatives that we shared in our last report. We also share a few stories of the way We continue to explore opportunities for deeper and individual Mindtree Minds have come together in greater impact on the society and the environment (internal) communities to create sustainability through our efforts in CSR and sustainability. We are impacts. an organization driven by deep social conscience and endorse the principles of the UNGC (United Nations Theme of the report Global Compact) and the principles recommended by Mindtree has nurtured many a community under the National Voluntary Guidelines - Social, its wings over the years. The positive and diverse 6 Executive message the current ambiguities of measuring inputs and our mantra of ‘going digital’, we are entering a new quantifying impacts. phase of accelerated growth. Our sustainability and We leverage individual responsibility into community action for CSR endeavors are well-designed to ensure that our Our commitment to global frameworks in responsibility growth would be inclusive in its impact and the sustainability.