"Business has a responsibility beyond its basic responsibility to its stakeholders; a responsibility to a broader constituency and its cogs - leaves that produce oxygen to the, mankind that generates consumption and ethics that make us human"
"People are going to want, and be able, to find out about the citizenship of a brand, whether it is doing the right things socially, economically and environmentally. A brand therefore isn't separate from society, it is built from society for the betterment of society."
The energy sector is critical in the light of the burgeoning population of the world and exponential increase in energy demands. India is dependent on crude oil imports – about $125 billion annually – to meet its energy needs, even as close to 300 million Indians live without electricity. In today’s context, moving up in the energy ladder and achieving energy security necessitate using low-carbon and clean energy options like solar energy. The Indian government has revised its commitment to scale up solar energy from 20GW to 175GW — to be achieved by 2022.
Armed with valuable learnings and confident of achieving our goal of sourcing 100% of our electricity from renewables, we are installing a 70 KW solar photo-voltaic (PV) plant at our Boolean® Campus in Noida, and has helped to completely offset our electricity consumption, and will in fact be running at a surplus. Today, Boolean® is a forerunner among corporates to adopt solar energy as one of its key renewable energy sources.
Climate change needs global action and Boolean® recognizes its role to be part of the solution. We aim to drive climate action within our operations and engage with stakeholders for the global agenda. Our unwavering focus on responsiveness to the needs of the environment ecology will continue to be in three main areas:
Decreasing carbon emissions through energy efficiency and conservation while moving to renewable energy
Minimizing waste going to landfills
Conserving freshwater along with water recycling.
Make POWER while the sun shines
Corporate governance is about maximizing stakeholder value legally, ethically and on a sustainable basis. At Boolean®, the goal of corporate governance is to ensure fairness for every stakeholder – our customers, investors, vendor-partners, the community, and the governments of the countries in which we operate. We believe that sound corporate governance is critical in enhancing and retaining investor trust. It is a reflection of our culture, our policies, our relationship with stakeholders and our commitment to values. Accordingly, we always seek to ensure that our performance is driven by integrity.
Information management, being an essential part of good IT governance, is a cornerstone at Boolean® and has helped provide the organization with a robust foundation. There is a concerted effort from top management to our end users as part of the development and implementation process. Additionally, care is taken to ensure that standardized policies or guidelines apply to and are practical for the organization’s culture, business, and operational practices.
As active and well informed members of the board, they are fully committed to ensuring the highest standards of corporate governance. Our corporate governance philosophy is based on the following principles:
Going beyond the law in upholding corporate governance standards
Maintaining transparency and a high degree of disclosure levels
Communicating externally in a truthful manner about how the company is run internally.
Driving the business on the basis of the belief, 'when in doubt, disclose'.
Protect the confidentiality, availability, and integrity of information assets from cyber threats
"We are among the few global companies committed to disclosing their efforts to support gender equality through policy development, GEI framework compliance, representation and transparency."
"Our company’s place among organizations taking a public stance in support of LGBT equality around the world, alongside reputed global brands to provide equal work opportunities to members of this group."
"Reducing our carbon footprint is entirely necessary, but the transition of change is far slower than the time we have remaining. Ergo, we joined hands with Ecologi to plant trees and minimize our carbon footprint."