Firstsource Solutions Achieves 'A' Rating in CDP Supplier Engagement Assessment for FY25
Firstsource Solutions Limited achieved an 'A' rating in CDP's Supplier Engagement Assessment and 'B' ratings in CDP Climate and Water Security Disclosures for FY25. The company maintains its commitment to Net Zero emissions by 2050 with SBTi-aligned targets, sourcing over 26% of power from renewable energy. With around 85% of supplier spend assessed on ESG criteria and full Scope 1-3 emissions disclosure, the company demonstrates comprehensive sustainability integration across its value chain operations.

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Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company, has achieved notable recognition in sustainability performance for FY25, earning an 'A' rating in CDP's Supplier Engagement Assessment and 'B' ratings in both CDP Climate Disclosure and Water Security Disclosure. These achievements mark significant progress in the company's environmental performance and supplier engagement initiatives.
Outstanding Performance in Supplier Engagement
The 'A' rating in the Supplier Engagement Assessment positions Firstsource among leading organizations globally that actively engage suppliers on climate-related priorities. This assessment evaluates companies across multiple dimensions including governance, emissions targets, Scope 3 disclosures, and value chain collaboration.
| Assessment Category: | FY25 Rating | FY24 Rating |
|---|---|---|
| Supplier Engagement Assessment: | A | A |
| CDP Climate Disclosure: | B | B |
| Water Security Disclosure: | B | First-time participation |
Leadership Commitment to Sustainability
Dr. Sanjiv Goenka, Chairman of RPSG Group and Firstsource, emphasized the institutional character aspect of sustainability. He highlighted that the CDP recognition across supplier engagement, climate, and water security reflects comprehensive assessment of governance, supply chain engagement, and natural resource stewardship. The Chairman reinforced that the company's Net Zero 2050 commitment represents operational values rather than merely a management target.
Environmental Performance and Targets
Firstsource has committed to achieving Net Zero greenhouse gas emissions by 2050, with targets aligned to the Science Based Targets initiative (SBTi) currently undergoing validation. The company has made substantial progress in renewable energy adoption, with over 26% of its total power consumption now sourced from renewable energy.
| Sustainability Metric: | Current Status |
|---|---|
| Renewable Energy Share: | Over 26% of total power consumption |
| Supplier ESG Assessment: | Around 85% of supplier spend |
| Electric Vehicle Target: | 50% fleet conversion by 2027 |
| Net Zero Commitment: | 2050 target with SBTi alignment |
Comprehensive Emissions Disclosure
The company maintains full transparency in its environmental impact reporting, providing complete disclosure of Scope 1, Scope 2, and Scope 3 emissions. All greenhouse gas data undergoes external assurance, ensuring accuracy and reliability of reported figures. This comprehensive approach to emissions reporting demonstrates the company's commitment to transparency and accountability in environmental performance.
Value Chain Integration
Firstsource has integrated sustainability considerations throughout its value chain operations. Around 85% of supplier spend is assessed based on ESG criteria, reflecting the company's commitment to responsible sourcing and supplier engagement. Additionally, the company targets 50% conversion of its fleet to electric vehicles by 2027, demonstrating practical steps toward reducing operational emissions.
These FY25 results collectively signal a maturing sustainability approach with increasing emphasis on execution, transparency, and value chain impact as Firstsource advances toward its Net Zero 2050 commitment.
Historical Stock Returns for Firstsource Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.62% | +1.20% | +4.23% | -32.89% | -29.37% | +81.91% |
How will Firstsource's Science Based Targets initiative validation outcome impact its competitive positioning in the IT services sector?
What financial implications could arise from Firstsource's ambitious 50% electric vehicle fleet conversion target by 2027?
Will Firstsource's supplier ESG assessment criteria influence pricing negotiations and vendor relationships in the coming years?


































