Detailing commitment to accelerating net-zero transition and pioneering climate action, inclusion, and governance for a sustainable future
Virtusa Corporation, a global leader in digital strategy, engineering, and IT services, has published its FY24 Sustainability Report. With a commitment to achieving Net-Zero by 2040 and sourcing 100% renewable energy by 2030, the company reports the significant strides in its journey toward achieving sustainability targets, while fostering workplace inclusion and strengthening governance practices. The report showcases Virtusa’s alignment with the Science Based Targets initiative (SBTi) Net-Zero standard, being one of the first 100 software and services companies to have targets validated by SBTi.
Achieving Sustainability Milestones
In FY24, Virtusa partnered with a globally recognized sustainability assessment provider to identify supply chain risks and track suppliers’ contributions to its Scope 3 reduction targets. The company enhanced its sustainability offerings, focusing on four areas: regulatory and compliance reporting, decarbonization, climate and nature risks, and sustainability interventions in products and services. Virtusa also joined the CEO Water Mandate, aligning operations with global water sustainability goals, and formulated a policy commitment to reduce the use of plastics.
Enabling Thriving and Future-Adaptive Communities
Virtusa’s diversity charter is dedicated to fostering inclusive and adaptive communities, and supporting employees of all backgrounds. The company’s people management strategy focuses on enhancing employee experience through diversity, inclusion, health, safety, and continuous learning. Platforms such as Virtusa Thrive Academy, Virtusa Evolve, Edge Mobility, and AI-powered Skill Compass enable upskilling and career growth, ensuring a future-ready workforce. In FY24, over 7,000 employees earned certifications across various fields, underscoring the company’s commitment to innovation and expertise.
Biodiversity Commitments
While biodiversity has little material impact on direct business operations, Virtusa investments in internationally acclaimed biodiversity restoration projects continued in FY2024; ‘LIFE to Our Forests’ project and ‘Life to Our Mangroves’ initiatives in partnership with Biodiversity Sri Lanka (BSL), as well as a number of initiatives in India.
Amit Bajoria, Executive Vice President and CFO, Virtusa, stated, “At Virtusa, we see sustainability as an important responsibility that calls for everyone to work together. It is a key part of our mission, driving growth and new ideas through partnerships with our customers and efforts to lower our environmental impact. We have increased our use of renewable energy and started a meaningful journey toward sustainability with our ‘Engineering First’ approach. This reflects our promise to help create a safer, greener, more productive, and connected future.”
