Overview: Cigniti Technologies Limited is a worldwide leader in digital assurance and digital engineering services. The company is releasing the Business Responsibility and Sustainability Report for FY 2023-24. Thereby, the report depicts the commitment of the firm toward responsible business practices, corporate social responsibility, and sustainability.
This report is part of the company’s annual disclosure to stakeholders and reflects Cigniti’s efforts to balance business growth with responsible conduct on environmental sustainability, care for employees, and community engagement. Body: Cigniti’s report articulates its resolute commitment to deploying state-of-the-art digital technologies in furthering customer experience while maintaining a sharp focus on client-centricity. The company has gained significant milestones in expanding its CSR activities, focusing on healthcare and sustainability—all-encompassing parts of its business strategy. It enumerates various programs undertaken for uplifting underserved communities in cooperation with government agencies, educational institutions, and NGOs.
It also forms a statement of the company’s diversity and inclusion initiatives to provide a gender-neutral workplace. The female-to-male ratio at Cigniti stands at 33%, and efforts are in full swing to improve diversity representation at leadership levels. It further highlights the performance of Cigniti on voluntary attrition with its employee-friendly policies, wellness programs, and recognition initiative.
On the environmental sustainability front, Cigniti undertook multiple initiatives to reduce the carbon footprint. It has minimized resource consumption, increased the usage of renewable energy, and been involved in reducing waste effectively. The report also mentions that Cigniti is working toward bettering its energy efficiency, which is reflected in the reduced energy intensity per dollar revenue earned.
Its leadership in corporate governance is reflected in its adherence to transparency and accountability standards, as laid down in the National Guidelines on Responsible Business Conduct. The report also covers comprehensive employee development programs of the company, comprising health and safety initiatives, enhancement of skills, and career growth opportunities.
Conclusion: BRSR for FY 2023-24 reflects continued efforts towards integrating sustainability in core business operations at Cigniti Technologies. Cigniti is setting innumerable benchmarks in the digital engineering space by combining appropriate growth strategies with responsible business practices. The concrete steps taken by the company toward CSR, taking care of the environment, and the welfare of the employees stand testimony to long-term value creation for all the stakeholders. As Cigniti looks ahead to the future, it is committed to driving innovation with a business that positively contributes to society and the environment.
Source: BRSR
Credit: Cigniti Technologies Limited