Mastek Complies with SASB Reporting Strengthening its ESG Commitments

January 19, 2023

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Mumbai, India – January 19, 2023 –  Mastek (NSE: MASTEK; BSE: 523704), a turnkey and trusted digital engineering & cloud transformation service provider, today announced that it will follow Sustainability Accounting Standards Board (SASB) standards to benchmark its Environmental, Social, and Governance (ESG) reporting. Mastek is among the niche ten companies from India complying with SASB standards in ESG reporting.

Founded in 2011, the SASB is an independent non-profit foundation that sets standards to measure ESG performance of an organization. SASB standards guide the disclosure of financially material sustainability information by companies to their investors.

“As a global organization, contributing towards the environmental sustainability and well-being of the society remains a top priority for us,” said Hiral Chandrana, Global Chief Executive Officer, Mastek.  He further added, “In addition to our focus on Diversity and strong Governance, we are making progress in our carbon neutrality journey and SASB benchmarking reinforces Mastek’s commitment to ESG. The global climate challenges are on the rise today and all of us will have to play an important role in sustaining & protecting the society & environment.”

Vimal Dangri, Chief Legal and Compliance Officer, Mastek said “Mastek and Mastekeers are deeply committed towards the organization’s ESG goals.  We continue to invest in scaling up the engagement with the communities and stakeholders that Mastek has an impact on, be it our employees, customers or partners.  As an organization, we have made significant strides to achieve our ESG goals. We contributed to multiple charitable organizations in India impacting lives. We are already offsetting 100% of carbon emissions in our UK offices. There has been a drastic reduction in electricity consumption, total GHG emissions, and water consumption in our offices. We’ll continue to expand, innovate and contribute towards the betterment of the larger society.”

Mastek is committed to its ESG priorities in alignment with the UN’s Sustainable Development goals. It assumes a firm sense of responsibility for the sustainability triangle that encompasses – Environmental Protection, Social Equity, and Economic Viability.

About Mastek:

Mastek (NSE: MASTEK; BSE: 523704), is a Turnkey & Trusted Digital Engineering & Cloud Transformation Partner that delivers Innovative Solutions and Business Outcomes for clients in Healthcare & Life Sciences, Retail, Manufacturing, Financial Services, Government/Public Sector, etc. We enable customer success and decomplex digital by partnering with enterprises to unlock the power of data, modernize applications to the cloud, and accelerate digital advantage for all stakeholders. We are the only Oracle Cloud implementation and consultancy partner to have successfully moved 1300+ clients to cloud. Customers Trust Mastek to deliver Business Value with Velocity and we operate in 40+ countries including the UK, Americas, Europe, Middle East & APAC with ~6000 employees. MST Solutions, a Mastek company, is a Summit level Salesforce consulting partner trusted by several Fortune 1000 enterprise clients. For more details, please visit our website www.mastek.com.

Global Press Contact:
Kashmira Chavan | kashmira.chavan@mastek.com