ESG at Zafin
Powering a
sustainable future for banking
Our approach
ESG at the core of our business
Environmental
We are committed to reducing climate-related risks. Our goal is net zero emissions by 2030. We are also driving towards a 1.5°C future with our cloud-based SaaS platform. Towards this purpose we are working on optimizing our resource utilization, be it energy, water or waste management.
Social
Governance
Alignment to UN’s Sustainable Development Goals
Empowering SDGs with an ESG framework
Our progress
Meaningful actions, lasting impact
Environment
1.5°C pledge - Together for a greener tomorrow
Net zero and reducing our environmental impact
We are committed to net zero and working towards reducing our emissions. We will continuously monitor, evaluate, and offset our carbon footprint, utilizing the Global Reporting Initiative (GRI) with elements of the Sustainability Accounting Standards Board (SASB), as our reporting framework.
Our cloud technology significantly reduces carbon footprint and energy consumption by minimizing reliance on physical servers. SaaS solutions, like Microsoft Azure, enhance energy and carbon efficiency compared to traditional setups.
Annual impact assessment
Social
Social initiatives that drive positive transformation
Health and safety
We ensure safe working conditions with robust safety plans and compliance.
Human capital management
We prioritize diversity, equity, inclusion, fair pay, and employee well-being.
Supply chain management
We uphold ethical practices in our supply chain, emphasizing human rights and fair working conditions with global vendors.
Leaders
Workforce
Empowering education through Vidyadhan in India
Zafin proudly supports the Vidyadhan scholarship, empowering 13 meritorious students from economically challenged families in Kerala, Tamil Nadu, and Delhi. Partnering with the Shibulal Family Philanthropic Initiative, we champion equitable education and align with ESG principles to create lasting social impact, supporting the UN Sustainable Development Goals.
Governance
Driving success through integrity and ethical conduct
Responsible data security
Transparency and governance are central to our operations, covering user monitoring, audits, managed environments, incident management, and SOC2 Type-2 compliance. Data protection is our top priority, and we are committed to continually enhancing our approach to ensure robust information security.
Best practices & policies
Our supplier code of conduct upholds high standards of integrity, ethics, and social responsibility, including human rights, modern slavery transparency, and global environmental responsibility. Ethics concerns can be reported to senior stakeholders.
Core values
Our core values drive us: we prioritize simplicity, focus on the customer, embrace transparency, innovate continuously, and care deeply in all our actions.
To ensure the success of our ESG initiatives, we have established a centralized global function to monitor and execute all our environmental, social, and governance programs.
