Enterprise ESG at Photon

Creating a powerful impact today while ensuring a sustainable future

We at Photon leverage the power of our global reach, influence, and resources to create a powerful impact today while ensuring a sustainable future.

 

Enterprise ESG at Photon
Environmental, Social and Governance

At Photon, we leverage our global reach, influence, and resources to create a powerful impact today while ensuring a sustainable future.

 

3 Pillars of ESG

Environmental: At Photon, we are committed to a long-term sustainable approach to caring for and safeguarding the environment.

Social: We ensure that our suppliers, employees, and community members are treated with fairness and justice. It includes Corporate Social Responsibility, comprehensive HR policies, partnerships with community organizations, and efforts to improve Diversity, Equity & Inclusion within our organization.

Governance: We strive to maintain good governance practices throughout all levels of our organization. It includes ISO certifications, establishing comprehensive policies, and the integration of ESG throughout our operations.

Environmental

Environmental

This aspect focuses on our company’s impact on the environment and its efforts to address environmental changes. It includes factors such as resource usage, conservation efforts, waste management, energy efficiency, carbon emission, pollution control, and climate change adaptation strategies.

Social

Social

This dimension examines our company’s relationship with its employees, suppliers, customers, communities, and other stakeholders. It encompasses factors such as labor practices, diversity and inclusion, health and safety standards, human rights, community engagement and development, data privacy and customer satisfaction.

Governance

Governance

This aspect pertains to the structure, policies and practices that guide the decision-making and accountability within our company. It includes factors such as board composition, risk management, transparency, anti-corruption measures, ethical business practices, and regulatory compliance.

 

Environmental Initiatives

Enterprise ESG

At Photon, we are committed to a long-term sustainable approach to caring for and safeguarding the environment.

  • Photon is committed to reducing its impact on the environment.
  • We will strive to improve our environmental performance over time and initiate additional projects and activities that will further reduce our environmental impacts.
  • Our commitment to the environment extends to our customers, staff, and the community in which we operate.

We have made progress on our environmental commitments by setting expectations for our company and our suppliers. We take this one step further by disclosing our environmental impacts publicly.

Internal Efforts: Photon is committed to reducing our impact on the environment. These commitments are further outlined in company policies, such as our Corporate Environmental Policy. Learn more

Expectations for Suppliers: We have set expectations for the environmental practices of our suppliers. Our company policies, such as our Supplier Standards of Conduct, reinforce these. Learn more

Public Disclosures: Photon values transparency, publicly reporting our environmental impacts through the Carbon Disclosure Project (CDP) and Ecovadis.

 

Social Initiatives

Enterprise ESG

We work to ensure that our suppliers, employees, and community members are treated fairly—our core focus areas for our Corporate Social Responsibility initiatives.

Corporate Social Responsibility: At Photon, we have implemented a Corporate Social Responsibility policy that guides our conduct surrounding Ethics, Human Rights, People, Inclusion, Diversity & Collaboration, Environment, and Community.

Supporting Employees: We have established several company-wide policies that support our employees' well-being and development. These policies include but are not limited to holiday leave, health & safety, and the protection of human rights.

Diversity, Equity & Inclusion: We are committed to equality of opportunity in all areas of employment and business regardless of personal characteristics, including, but not limited to, gender, race, nationality, age, disability, sexual orientation, or religion.

Community Partnerships: We support numerous social and charitable causes and make contributions towards these causes regularly. Examples of past initiatives include road safety awareness campaigns, children's soccer and football programs, career guidance and motivation workshops, blood donation camps, providing outreach and education for domestic violence to community groups and schools, and many more. Learn more

 

Governance Initiatives

Enterprise ESG

We strive to maintain good governance practices throughout all levels of our organization.

Policies & Procedures: At Photon, we have implemented several policies and procedures to guide our ethical business practices. These include risk management procedures, IT security policies, anti-corruption and bribery policies, and procedures to support our employees' training and professional development.

ISO Certification: We have been ISO 27001 (Information Security Management) certified since 2016. We utilize this international standard for information security to guide our best practices to ensure our data is safe and secure.

Managing ESG At All Levels: As part of our ESG endeavours, we are working to incorporate ESG into all levels of our organization. Ensuring that ESG factors are included in our decision-making process helps us proactively identify and mitigate potential risks.

 

Photon ESG Priorities for a Sustainable Future

Environmental

  • Priority A (by 2030): Enhance the percentage of renewable electricity in our energy mix.
  • Priority B (by 2050): Act on climate change by achieving carbon neutrality with net zero carbon emissions.

Social

  • Priority C (by 2024): Promote a culture of lifelong learning by increasing annual learning hours per employee.
  • Priority D (by 2024): Promote a diverse & inclusive workplace while empowering women in the workforce.

Governance

  • Priority E (by 2024): Launch whistleblower system for reporting Code of Conduct Breaches.
  • Priority F (by 2024): Safeguard and ensure the protection and security of data, infrastructure, and identities.

 

Photon ESG Metrics

Explore key metrics that reflect Photon's commitment to environmental sustainability, social responsibility, and ethical governance. This data provides insights into our ESG initiatives and impact.

Enterprise ESG

 

Photon ESG Report

Photon is committed to Environmental, Social, and Governance (ESG) values. We have remained committed to transparency by publicly disclosing our ESG metrics and initiatives. We have also continued to act as good corporate and environmental stewards by working towards the advancement of our ESG initiatives as our top priority. We recognize the significance of ESG factors and their impact on our business and stakeholders. As such, we are committed to integrating ESG considerations into every aspect of our operations, from strategic planning to day-to-day decision-making.
Complete ESG Report 2022

 

Policies

We integrate Environmental, Social, and Governance principles across our operations, emphasizing sustainable practices, social integrity, and ethical governance. Our approach includes fostering diversity, equitable labor practices, and engaging collaboratively with stakeholders for continuous improvement.
Click here for Policies.

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“The long-term success of any business depends on its ability to create sustainable value for all stakeholders, and this can only be achieved by adopting a holistic approach to ESG practices.”

Srinivas Balasubramanian

Co-Founder, Chairman & CEO, Photon

Srinivas Balasubramanian