VFS Global Links Leader Performance Reviews to Sustainable Development Goals
This is part of the organization’s long-term sustainability strategy with a focus on environmental, social and governance (ESG) key performance indicators
VFS Global, the world’s largest specialist in outsourcing and technology services for governments and diplomatic missions around the world, said senior management performance for 2022 will be tied to the sustainability goals set for that period. This is part of the organization’s long-term sustainability strategy, focused on environmental, social and governance (ESG) key performance indicators (KPIs) rolled out in 2021.
According to the strategy, the company has identified five pillars – Contributing to sustainable economic growth, ensuring good governance, nurturing our colleagues, protecting our environment and supporting our communities. Each of these pillars is carefully selected and aligned with the organization’s business strategy, the United Nations (UN) Sustainable Development Goals as well as national priorities. They also emphasize diversity, equity and inclusion, employee empowerment and GHG emissions reduction, which are part of the management by objective (MBO) for the company’s senior executives. .
“We want to ensure our ESG commitments are backed by measurable actions that are constantly reviewed and improved. By including sustainability goals in executive MBOs, we want our leaders to lead the change in mindset. This aligns with our overarching goal to be a responsible global leader contributing to sustainable value creation for all our stakeholders,” said Zubin Karkaria, Founder and CEO of VFS Global.