Message from MD & CEO

Shared trust for the
‘new value-driven world’

Amur S. Lakshminarayanan

Dear Stakeholders,

Hope you and your families are safe and healthy.

As we embark on reimagining a ‘new’ world together, shared trust, purpose and brands for good are becoming the new paradigm. The power of businesses, behaviours and brands are enabling the development of new ecosystems—natural and others. In this midst, leading from the front for environmental protection, social impact and economic viability is pivotal for the long-term sustenance of our planet.

Our planet, our responsibility!
I believe embedding sustainability into the fabric of our business is proving to be beneficial to us, our customers, partners, employees and suppliers, alike. As we drive digital transformations for enterprises enabling digital ecosystems for them, sustainability is now intrinsic and integral to our ethos and engagement.

Strengthening our sustainability efforts, we are driving commitment towards greater transparency, deeper engagement, and stakeholder management. Having aligned our Sustainable Development Report to Global Reporting Initiative (GRI) standards, we are upscaling our sustainable journey to a completely new level especially with technology becoming a life pivot.

Technology: A sustainability partner
Technology has played the critical enabler role for humanity to sustain – in continued essential services, access to healthcare, education, and entertainment amidst lockdowns. Our prompt actions, ensuring the safety of our employees while implementing virtualised work protocols even before they were mandated, have gained us tremendous goodwill. We are adaptive and responsive to the technology-driven sustainable transitions that are becoming the new world order for everyone everyday.

Agile, Adaptive, Ahead
To be ahead in these uncertain times, agility and adaptability are vital. Through the ages, we have observed how technology has always been a key global growth enabler. But today, the digital economy is creating a unique opportunity for the world to transition towards a sustainable future. Agile, adaptive and always thinking ahead, are the enormous potentials of digitally enabled communications for accelerating positive collective transformation. As a global digital ecosystem enabler, we are proud to be at the forefront of this profound shift enabling the digital economy of today and the future. Our objective is to leverage technology for creating new efficiencies and sustainable growth via judicious natural resources usage. Our recent study highlights how company’s low carbon products and services enable our customers to cut down their Green House Gas (GHG) emissions by almost three times.

Shared value for our ecosystem
Our GHG emissions reduction will take us a long way in driving shared value for our ecosystem. As supporters of the United Nations Sustainable Development Goals (SDGs), we are focusing on reducing our carbon footprint and dedicating our reach and technology to help our customers transform their businesses while conserving resources and harnessing our digital enablement expertise, to drive community development. We are establishing a position in protecting the environment by reducing our dependencies on natural ecosystems, enhancing our ability to produce goods and services that yield economic, environmental, and social benefits. I firmly believe, our collective human effort is the need of the hour.

At the same time, Environmental, Social and Governance (ESG) principles are our guiding force for our actions, are helping us create sustained value for our stakeholders. As we helped organisations this year with digital transformation solutions, we are realising these are enabling our customers to reduce their carbon footprint, giving us a greater opportunity to scaling beyond our identified sustainability targets. This progress is motivating and encouraging us to further drive sustainability as a culture within the organisation globally.

Sustainability as our culture
Embedding sustainability into the fabric of the organisation has been a personal charter for me. For this, we are introducing a training e-module on “Sustainability and its Business relevance” for employees. This module builds awareness about driving business sustainability in the Information and Communication Technologies (ICT) sector, including climate change issues and other environmental challenges as well as our Company’s sustainability approach and strategy.

For our business operations, we have developed and adopted evolved systems and technology for monitoring and governing energy, water efficiency, waste management with the intent of inspiring behavioural change. Advocacy and sensitisation are a part of this drive, and we appreciate the hard work put in by the organisation towards this. We were thus excited and happy on being recognised by the renowned global environmental non-profit organisation, Carbon Disclosure Project (CDP), which accorded us a distinguished ‘A-‘ for our sustainability initiatives. The score, which is higher than the global average of ‘C’ and higher than the Asia region average of ‘D’, acknowledged our role in climate change governance, value chain management and energy efficiency. These initiatives have borne us good results. We sourced approximately 23 million kWh (14%) of renewable energy globally and implemented emission reduction initiatives that resulted in energy savings to the tune of 4.3 million units. Our employees collaborated, learned and participated in digital and physical awareness activities on sustainability during the Tata Sustainability Month (TSM) in June. A global tools down day, ‘DRIVE week’ enabled employees to take up community action. This year we had 7,572 employees volunteering 31,000+ hours helping ~0.4 million beneficiaries. Currently, we are implementing 17 projects in education, employability and sustainable livelihood promotion and healthcare.

Our increased diversity and inclusion quotient
Sharpening our human resource management abilities, we endeavour to provide an open, inclusive and enabling work environment to our employees. The Tata Communications Learning Academy (TCLA), the one-stop-shop for learning at Tata Communications, enables employees to skill, upskill and reskill using world-class learning channels for personal and professional development to nurture their career trajectory. Driving enhancements in diversity and inclusion is a key focus for us. This focus is reflected in the increased number of female colleagues from 16% in FY 2013-14 to 22% at the end of FY 2020-21. These results serve as a testimony of a disciplined governance rigor. As part of our sustainability culture, our teams also embark on upskilling, diversity and inclusion activities.

Our governance
We aspire to follow global best practices in all our business functions and are governing ourselves through Company’s and the Tata group values as well as the Tata Code of Conduct. These principles inspire and empower us to take action with integrity, maintaining high ethical standards, and respecting fundamental human rights. I would also like to share that; we have also completed our Human Rights assessment. We have trained 92% of our employees on Human Rights through trainings on ‘Business Code of Conduct’ and ‘Dignity at the Workplace’. Like every year, this year too, we participated in the Tata group ‘Ethics Week’ through activities and communication drives to create awareness on the importance of ethics. We continue to strive in making a difference to our world.

Our commitment
We remain committed to our strategy of improving our people engagement, driving higher resource conservation, promoting renewable energy, supporting our customers and caring for the community for progressing towards a better world together. We will continue to support the United Nations SDGs, strive to perform better on our own goals and evolve in our sustainability disclosures. We are aiming for technology and connectivity benefiting everyone and are useful in tackling some of the world’s biggest challenges; embracing empathy, prosperity for a kinder, cleaner world, and continuing to focus on social responsibility and environmental sustainability.

It has been a tremendous year that has tested the resilience of people and the planet. We have a sense of satisfaction for the value we have co-created with you and our stakeholders. I take this opportunity to thank all our stakeholders for being an integral part of this journey and our extended family. We reaffirm our resolve towards the People, Planet and Communities as we reimagine tomorrow, today.

Regards,
Amur S. Lakshminarayanan
Managing Director & CEO
Tata Communications Limited