Robust Governance Framework
We stand as a model of integrity and responsibility having our key focus areas: Corporate Governance, Protecting & Respecting Data and Privacy, Integrating ESG Risk Management, Economic Disclosures.
We place a paramount emphasis on corporate governance, ensuring transparency, accountability, and responsible decision-making at every level. Ethics and compliance are woven into the fabric of our operations, guiding our commitment to ethical behaviour and adherence to regulatory standards. We take data protection and privacy seriously, respecting and safeguarding sensitive information. By integrating ESG risk management, we fortify our resilience in a rapidly evolving business environment, addressing environmental and social concerns while maintaining financial stability. Furthermore, Firstsource is dedicated to transparent economic disclosures, providing stakeholders with comprehensive insights into its financial performance and economic impact.

To provide adequate oversight and accountability on ESG, we have expanded the purview of the Board level Risk Management Committee to include ESG responsibilities. The Committee provides direction and monitors Firstsource’s ESG strategy, plans and performance.
The Board level Risk Management Committee is supported by a Steering Committee comprising members from the Executive Leadership Team (ELT) and select senior business leaders from across functional domains, who are responsible for operationalizing the ESG strategy and monitoring progress on associated action plans and performance metrics.
Governance Structure
Board Committee
Review and Oversee
Steering Committee
Define ESG strategy and monitor progress
ESG Lead
Implement and coordinate
Working Group
Implement and execute
Further, Working Groups, led by functional heads, focus on implementing specific initiatives and projects aligned with our ESG strategy and roadmap. The ESG Lead is the fulcrum that coordinates efforts and actions across functional teams and acts as a bridge to ensure seamless interconnection across our governance ecosystem.
About Firstsource Board of Directors
The Board establishes governance architecture for Firstsource in consonance with the highest standards and has a responsibility to ensure that the actions and objectives of the Company are aligned to its growth. They are responsible for sculpting, maintaining and enhancing our overall system and ensuring non-discrimination of governance structures and reporting.
The Independent Board of Directors of Firstsource is unequivocal in its leadership management style. Our board’s adherence to the highest standards of ethics, transparency, and accountability can be traced back to the fact that the majority of its members are independent directors and non-executive directors.
54%
of the Board comprises of Independent Directors18.8%
of Independent Directors on the Board are women53.66%
consist of Promoter ShareholdingISO 27001
Certified for more than 50% of our officesNo contribution
to political partiesNo incidents
and insider tradingNo fines/penalties
related to anticompetitive monopoly and anti-trust practicesNo incidents
of Money Laundering in FY 2023-24Zero incidents
of data privacy and cyber security breaches in FY 2023-2475% percent
of new suppliers based on procurement spend were screened using environmental and social criteria in FY 2023-24Procurement from the marginalized/ vulnerable
groups constitutes 50% of total procurement in FY 2023-24
Corporate Governance
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Anti-Harassment & Non-Discrimination Policy – US
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Anti Slavery & Human Trafficking Statement
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Anti-Bribery and Gifts & Entertainment Policy
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Archival Policy - IN
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Bank Secrecy Act and Anti Money Laundering Policy – US
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Board Diversity –IN
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Bullying and Harassments Policy - UK
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Business conduct & Ethics Policy – UK
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Code of Conduct for Executive Directors and Senior Management –IN
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Code of Conduct for Non-Executive & Independent Directors –IN
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CSR Policy
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Diversity & Equal Opportunities Policy - UK
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Dividend Distribution Policy –IN
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Equal-Opportunity-Policy-for-Differently-Abled-Persons - IN
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Financial Crime Policy
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Gender Pay Report
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Global Climate Advocacy Policy
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Global Anti-Fraud Policy
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Global Money Laundering Policy
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Global BCMS Policy
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Global BCMS Manual
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Global Corporate Privacy Policy
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Global Cyber Security Policy
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Global ESG Policy
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Global Enterprise Risk Management Policy
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Global Ethics Policy
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Global Grievance Redressal Policy
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Global Human Rights Policy
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Global Inclusion & Diversity Policy
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Global Policy Administration & Facilities
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Global Policy Physical Security Safety
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Global Quality Health , Safety , Environment & Energy Management Policy
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Global Tax Strategy
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Global Waste Policy
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Global Website Privacy Policy
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Global Whistleblowing Policy
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Human-Rights-and-Equal-Opportunities-Policy - IN
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Incident management Policy
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Material Subsidiary Policy –IN
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Policy for determination of Materiality of Events or Information –IN
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Policy on familiarisation of Independent Directors –IN
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Prevention of Sexual Harassment – POSH -IN
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Prevention of Sexual Harassment – POSH - Philippines
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Related Party Transactions Policy –IN
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Remuneration Policy for Non-executive Directors –IN
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Supplier Code of Conduct
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Sustainable Supply Chain Policy
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Workplace Bullying Policy – US
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Vulnerability Policies and Procedures – UK