FSLNSEFirstsource Solutions Limited· Computers - SoftwareLowNeutral
Announced Mon, 4 Aug · 16:26 IST

Firstsource Solutions Limited has informed the Exchange regarding a press release dated August 04, 2025, titled "This is to inform that Firstsource reaffirms sustainability governance with FY25 ESG Report.A copy of the Press Release of the same is attached along with this letter.We request you to take the above on record.".

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AI summary

Firstsource Solutions released its FY25 ESG Report on August 4, 2025, highlighting progress on environmental, social, and governance goals. Environmental highlights include 26.26% renewable power usage (up 164% YoY), commitment to SBTi near-term targets, Net Zero by 2050, and a 50% EV fleet conversion target by 2027. On the social side, the company achieved 46% gender diversity and made 11,061 impact hires, while earning Great Place to Work certification in India, UK, US, and Philippines. Governance efforts include deployment of the ESGfirst real-time data platform and 85% of supplier spend assessed on ESG criteria. The company received top rankings such as 99th percentile on the Dow Jones Sustainability Index, a Silver Medal from EcoVadis (top 15% globally), and a 'B' rating from CDP for Climate disclosures.

Likely market impact

This is a non-financial sustainability disclosure with no direct impact on earnings or stock price. It strengthens Firstsource's ESG credentials, which may appeal to ESG-focused investors and institutional clients who prioritize sustainability compliance.