Achieved a 58% increase in renewable energy use in FY23
FinTech BizNews Service
Mumbai, 26 October, 2023: Nxtra Data Limited (“Nxtra by Airtel”), a subsidiary of Bharti Airtel (Airtel), today, unveiled its inaugural sustainability report for financial year 2023, “Responsible by Choice, Sustainable by Design”. The sustainability report highlights the company’s performance on environmental, social and governance (ESG) parameters, targets and commitments as well as the progress it has made thus far.
Key highlights of report
1. Achieved a 58% increase in renewable energy use in FY23 compared to the previous fiscal year.
2. Reduced operational emissions by 5% across Scope 1 and 2 from FY21 baseline.
3. Maintained 'Zero' Incident Rate and Worst Potential Severity for two consecutive years.
4. Committed to veteran employment, with 84% of edge site infra managers being ex-servicemen.
5. Doubled female workforce, 1.5X more women in management, and 22% gender diversity at the board level.
6. Sourced 98% of procurement from Indian suppliers.
The Report has been prepared with reference to the Global Reporting Initiative (GRI) Standards 2021 and outlines Nxtra's contributions towards the United Nations Sustainable Development Goals (UN SDGs). It is also aligned with the framework drawn up by the Task Force on Climate-related Financial Disclosures (TCFD), thereby underscoring its ongoing commitment to addressing climate change.
Ashish Arora, CEO – Nxtra by Airtel, said, “At Nxtra, our commitment to be sustainable is at heart of our operations. We have also designed our workplace to be inclusive and safe, and have imbibed transparent governance standards and environmental conscientiousness that is endorsed by every employee. I am delighted to launch this report today coinciding with World Sustainability Day and highlight our dedication to lead India’s data center industry to stride ahead with an unwavering commitment to prioritize sustainability above all else”.
Nxtra by Airtel carries over two decades of expertise in the data centre and telecom sector. It recognises its role in promoting sustainable practices, fostering social well-being, and upholding exacting standards of governance within the technology industry. Its commitment to ESG principles is deeply embedded in its operations, business strategies and, most importantly, in its culture
