Communication on Progress

Communication on Progress

Participant
Published
  • 21-May-2021
Time period
  • May 2020  –  May 2021
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer

  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • Date: 21-05-2021

    To Secretary-General,

    I am pleased to confirm that Wishtree Technologies supports the Ten Principles of the United Nations Global Compact on human rights, labour, environment and anti-corruption. With this communication, we express our intent to implement those principles. We are committed to making the UN Global Compact and its principles part of the strategy, culture and day-to-day operations of our company, and to engaging in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals.

    Wishtree Technologies will make a clear statement of this commitment to our stakeholders and the general public. We recognize that a key requirement for participation in the UN Global Compact is the annual submission of a Communication on Progress (COP) that describes our company’s efforts to implement the Ten Principles. We support public accountability and transparency, and therefore commit to report on progress within one year of joining the UN Global Compact, and annually thereafter according to the UN Global Compact COP policy. This includes:

    • A statement signed by the chief executive expressing continued support for the UN Global Compact and renewing our ongoing commitment to the initiative and its principles. This is separate from our initial letter of commitment to join the UN Global Compact.

    • A description of practical actions (i.e., disclosure of any relevant policies, procedures, activities) that the company has taken (or plans to undertake) to implement the UN Global Compact principles in each of the four issue areas (human rights, labour, environment, anti-corruption).

    • A measurement of outcomes (i.e., the degree to which targets/performance indicators were met, or other qualitative or quantitative measurements of results).

    Sincerely yours,

    Dilip Bagrecha
    Partner at Wishtree Technologies

Human Rights
  • Assessment, policy and goals

  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • Written policy to protect employees from workplace harassment

    Written policy for health insurance for all.

    Written policy for covid related leaves and support.

  • Implementation

  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • • Ensure employees are provided safe, suitable and sanitary work facilities

    • Protect workers from workplace harassment, including physical, verbal, sexual or psychological harassment, abuse or threats

    • Group health insurance for all employees.

    • A policy to ensure covid related leaves for the employee.

    • Maternity Leaves as per the government standards.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • No answer provided.
Labour
  • Assessment, policy and goals

  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • Written company policies to the elimination of forced labour, child labour and employment discrimination

  • Implementation

  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • • Ensure that the company does not participate in any form of forced or bonded labour

    • Comply with industry wage standards

    • Flexible work hours for all employees.

    • Ensure that employment-related decisions are based on relevant and objective criteria

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • Demographics of management and employees by diversity factor - gender

    Total Number of Employees: 70
    At Management level: 6
    At senior level: 9
    At Executive level: 55

    Wishtree has been trying to achieve gender equality this year and so far, has reached a fair ratio.

    Male: Female ratio at Wishtree -
    58:42 for all levels
    55:45 for entry-level
    68:39 for senior level

Environment
  • Assessment, policy and goals

  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • The goal of Wishtree Technologies is to go towards Green IT.

  • Implementation

  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • Use of efficient computer application which decreases power usage.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates environmental performance.

  • Regular check on the various application used by all the employees at Wishtree.

Anti-Corruption
  • Assessment, policy and goals

  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • Wishtree Technologies constantly maintains transparency in doing business and will continue to follow all anti-corruption commitments.

  • Implementation

  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • • Ensure that internal procedures support the company’s anti-corruption commitment.

    • The internal procedures are transparent and follow anti-corruption policy.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates anti-corruption performance.

  • No answer provided.