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Building a Better Future:
Ramco's ESG Practice

At Ramco, we understand the profound importance of Environmental, Social, and Governance (ESG) factors when it comes to operating our business responsibly. We are fully committed to integrating ESG considerations into our business strategies and operations, as we firmly believe that doing so will not only generate long-term value for our stakeholders but also help us mitigate risks and contribute to building a more sustainable future.

Our Approach

Our ESG approach is fully aligned with the United Nations Sustainable Development Goals (SDGs) in critical areas such as climate action, human rights, gender equality, good health and well-being, reduction of inequalities and upholding the highest standards of corporate governance, transparency, and ethical conduct. The SDGs provide a global framework for addressing pressing global challenges and fostering a sustainable future for everyone. The key elements of our approach are:

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Reducing carbon
emissions
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Promoting
recycling
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Managing waste

Environmental Impact

At Ramco, we are deeply committed to reducing our environmental footprint through the implementation of sustainable practices across all levels of our organization. This encompasses measuring and actively reducing carbon emissions, promoting recycling and resource efficiency, and responsibly managing waste and e-waste. In addition to that, we regularly organize environmental awareness sessions to provide employees with valuable insights into how their individual actions and decisions collectively impact the organization's environmental footprint.

Social Impact

We value our employees and endeavor to foster an inclusive and diverse workplace. We place a premium on our employees' health, safety, and well-being, and we provide equal opportunities for their professional growth and development. In addition, we encourage a healthy work-life balance and support initiatives that benefit the local communities in which we operate. Our commitment extends to generating a positive social impact, upholding human rights, and cultivating a culture of responsible business conduct. To achieve this, we actively address the risks of modern slavery within our supply chain, recognizing its vital role in establishing a sustainable and ethical work environment.

Governance

Our governance practices prioritize openness, accountability, and high moral conduct. To uphold the highest standards of corporate governance, we maintain robust internal controls and compliance mechanisms. We value open and truthful communication with our stakeholders and engage with them actively to resolve their concerns and preserve their trust. Respecting individual privacy rights is a fundamental aspect of our ESG approach. We strictly adhere to applicable data protection laws and regulations, including obtaining necessary consents and permissions for data collection, processing, and sharing. We provide clear and transparent information to individuals regarding the purpose and scope of data usage, and we respect their rights to access, correct, and delete their personal information.

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By prioritizing data security and privacy in our ESG commitment, we aim to foster trust and confidence among our stakeholders. We understand that the responsible handling of data is crucial in maintaining long-term relationships with our customers, partners, and employees. We continuously strive to adapt to evolving threats and regulatory requirements, ensuring that data security and privacy remain at the forefront of our operations.

Through our commitment to ESG principles, we aim to be a catalyst for positive change in the software industry and beyond. By developing innovative solutions that address global challenges, reporting our ESG performance, and setting goals for continuous improvement, we strive to contribute to a more sustainable and equitable future for all.

Sustainability is not just an add-on but an integral part of who we are as a company, permeating through our DNA and driving our commitment to responsible and ethical business practices. Our ESG statement stands as a testament to our unwavering commitment to make a positive impact on our stakeholders, the communities we serve, and the world as a whole

Sundar Subramanian

CEO, Ramco Systems
Read the complete CEO statement
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View the Annual ESG Report for FY 2023-24

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