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Friday, February 21, 2025
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HomeBusinessVirtusa Releases Sustainability Report for FY2023-24

Virtusa Releases Sustainability Report for FY2023-24

Virtusa Releases Sustainability Report for FY2023-24

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Virtusa Corporation, a global leader in digital strategy, engineering, and IT services, has published its FY24 Sustainability Report, highlighting significant progress toward its sustainability targets. The company remains committed to achieving Net-Zero by 2040 and sourcing 100% renewable energy by 2030, while also fostering workplace inclusion and strengthening governance practices.

The report showcases Virtusa’s alignment with the Science Based Targets initiative (SBTi) Net-Zero standard, making it one of the first 100 software and services companies to have its targets validated by SBTi.

Achieving Sustainability Milestones

In FY24, Virtusa partnered with a globally recognized sustainability assessment provider to identify supply chain risks and track suppliers’ contributions to its Scope 3 reduction targets. The company enhanced its sustainability offerings, focusing on four key areas:

  • Regulatory and compliance reporting
  • Decarbonization
  • Climate and nature risk management
  • Sustainability interventions in products and services

Virtusa also joined the CEO Water Mandate, aligning its operations with global water sustainability goals and formulating a policy commitment to reduce plastic use.

Enabling Thriving and Future-Adaptive Communities

Virtusa’s diversity charter is dedicated to fostering inclusive and adaptive communities while supporting employees from diverse backgrounds. The company’s people management strategy prioritizes diversity, inclusion, health, safety, and continuous learning to enhance the employee experience.

Several initiatives, including Virtusa Thrive Academy, Virtusa Evolve, Edge Mobility, and AI-powered Skill Compass, provide upskilling opportunities and career growth, ensuring a future-ready workforce. In FY24, over 7,000 employees earned certifications across various fields, reinforcing Virtusa’s commitment to innovation and expertise.

Biodiversity Commitments

While biodiversity has minimal direct impact on business operations, Virtusa continues to invest in internationally acclaimed biodiversity restoration projects. In FY24, the company supported:

  • The ‘LIFE to Our Forests’ project
  • The ‘Life to Our Mangroves’ initiative in partnership with Biodiversity Sri Lanka (BSL)
  • Several biodiversity initiatives in India

Leadership Perspective

Amit Bajoria, executive vice president and CFO of Virtusa, stated:
“At Virtusa, we see sustainability as an essential responsibility that requires collective effort. It is a key part of our mission, driving growth and innovation through partnerships with our customers while reducing our environmental impact. We have increased our use of renewable energy and embarked on a meaningful sustainability journey with our ‘Engineering First’ approach. This reflects our commitment to building a safer, greener, more productive, and connected future.”


About Virtusa Corporation

Virtusa Corporation is a global provider of digital engineering and technology services for Forbes Global 2000 companies across industries, including financial services, healthcare, communications, media, entertainment, travel, manufacturing, and technology.

At Virtusa, digital engineering is at the heart of everything we do. Our 30,000 builders, makers, and doers collaborate with customers to reimagine enterprises and create solutions to their most pressing business challenges, driving them to the forefront of their industries.

Virtusa’s unique Engineering First approach ensures that we never present an idea we can’t execute. With deep industry expertise and agile, empowered teams, we emphasize execution from the outset—because the sooner execution is considered, the sooner an idea can create impact.

Solving challenges from the inside out allows businesses to respond swiftly to change, delivering higher quality, lower costs, and lasting results.

Virtusa is a registered trademark of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.

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