Happiest Minds Technologies Unveils Business Responsibility Report, Highlights ESG Initiatives for FY 2025-26
Happiest Minds Technologies Ltd has released its comprehensive Business Responsibility and Sustainability Report for the Financial Year 2025-26. The report provides an in-depth look into the company’s operational footprint, human capital management, commitment to sustainability, and governance structure across various business dimensions.The company operates in information and communication services, with computer programming, consultancy, and related activities accounting for 100% of its turnover. Happiest Minds serves a diverse client portfolio exceeding 300 global customers, including multinational corporations, Fortune 500 enterprises, digital-native firms, SMEs, and organizations across various sectors such as BFSI, HiTech, Healthcare & Life Sciences, Retail, and Energy & Utilities.
The company maintains operations nationally and internationally, with 9 offices located domestically and 12 international offices. Exports constitute a significant part of the business, contributing 83.08% of the total turnover.
Focus on Workforce and Ethical Governance
Happiest Minds Technologies reported a dedicated workforce totaling 5,098 employees as of the financial year end. Of this workforce, 73.66% are male, and 26.34% are female. The company has established robust processes to ensure ethical conduct, underpinned by an Integrity Policy and an Anti-Bribery Policy that applies to all associated individuals.Regarding social responsibility (CSR), the company reported sufficient turnover at ₹1,72,602 lakhs and a net worth of ₹1,63,660 lakhs, confirming CSR applicability as per relevant regulations. The Company's CSR Committee of the Board is responsible for decision-making on sustainability matters.
A significant focus remains on human rights due diligence and employee well-being. Happiest Minds ensures 100% coverage of employees by life insurance in case of demise. Furthermore, the company maintains a commitment to fostering an inclusive workplace, with specialized programs dedicated to gender diversity and PWD hiring, which are overseen by a DEIB Council.
Sustainability and Environmental Commitments
The Business Responsibility Report details Happiest Minds’ comprehensive approach to environmental management and resource efficiency. The company has set a goal to achieve a 100% reduction in Scope 1 and Scope 2 greenhouse gas emissions.Resource Management and Pollution Control
In terms of water usage, the company maintains efficient operations, noting that all used water is treated via its Sewage Treatment Plant (STP) and subsequently reused for gardening and toilet flushing purposes, ensuring Zero Liquid Discharge.The company also reported strong performance in waste management. Total waste generated during the financial year stood at 68.6 metric tonnes, resulting in a low waste intensity of 0.0004 per lakh rupee of turnover. Waste practices include compliant disposal of e-waste and composting food waste as organic manure.
Emissions and Climate Action
The company reported its GHG emissions profile for the reporting period:| Parameter | FY 2026 (Metric tonnes) | FY 2025 (Metric tonnes) |
|---|---|---|
| Total Scope 1 emissions | 741 | 1,012 |
| Total Scope 2 emissions | 2,721 | 2,872 |
The total Scope 1 and Scope 2 emission intensity per lakh rupee of turnover adjusted for Purchasing Power Parity (PPP) was reported at 0.41. The company is actively working to reduce GHG emissions across its operations.
Stakeholder Engagement and Consumer Relations
Happiest Minds Technologies maintains a structured approach to stakeholder management, including continuous engagement with customers, employees, shareholders, and the community. These interactions are guided by an Annual Customer Happiness Survey, which resulted in an NPS score of 68.The company has also implemented robust cybersecurity and data privacy protocols, adhering to ISO 27001 and ISO 27701 standards through a board-approved Cybersecurity and Data Privacy Policy. The company reported four instances of cyber security complaints during the year, with zero pending resolution.
In terms of social impact initiatives, the company actively supports environmental and community causes. Key CSR projects include "United Way - Percolation Wells," which benefitted 5,29,426 people, and "Cauvery Calling," benefiting 178 individuals, all reported as 100% from vulnerable and marginalized groups.
The organization emphasizes commitment to ethical business conduct, with the Code of Conduct reinforcing principles of fairness and transparency across all business agreements and contracts.
HAPPSTMNDS Stock Price Movement
Shares of Happiest Minds Technologies Limited today slipped by 0.30% to settle at ₹350.90 in the post-market session. The stock recorded a traded volume of 930,762 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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