Fair Pay & Worker Respect

NetSol Technologies reported an employee turnover rate of approximately 19% in 2023, with a goal to maintain it under 21% from 2024 onwards.

None of the company's employees are subject to a collective bargaining agreement. The company provides free medical care for some employees at its Lahore, Pakistan campus, and medical and dental insurance premiums are covered for some named executive officers. The company also offers a preventative health care program, including vaccinations, in its Lahore offices. There is no evidence of any substantiated labor-law or human-rights violations in the past two years. The company has approximately 1,770 employees as of June 30, 2023.

Fair Trade & Ethical Sourcing

NETSOL Technologies Inc. is a technology and services company without manufacturing facilities or a tangible goods supply chain.

It assesses its risk profile for slavery or trafficking as very low. The company's policy is to avoid conflict minerals from the Democratic Republic of Congo (DRC) and adjoining countries. NETSOL requests suppliers to follow Procurement Guidelines and a Supplier Code of Conduct, and uses a standardized reporting tool from the Conflict-Free Sourcing Initiative (CFSI) for supply chain due diligence. It also requests smelters and refiners to prove compliance with the CFSI's Conflict-Free Smelter (CFS) Program. NETSOL is not required to report conflict mineral use to the US SEC under the Dodd-Frank Act.

Planet-Friendly Business

In 2024, the company's current renewable energy usage was 38%.

It allocated $1.6 million to environmental sustainability programs in 2024, representing 4.3% of its total CSR budget. The company contributed PKR 18.7 million to its Ration Scheme, providing essential food rations to 274 households monthly. It also contributed PKR 32.8 million to its Education Support Program and PKR 1.5 million to its Noble Cause Fund. The company received the Annual Environment Excellence Award in 2022.

Safe & Smart Tech

NETSOL Technologies Inc. states that it constantly seeks to promote data protection across all implementation processes.

The company emphasizes explainability, transparency, and human oversight in its AI enhancements, and its AI solutions are backed by an AI Orchestration Framework. NETSOL allows organizations to train AI models with their own data without sharing proprietary information, ensuring data privacy. The company complies with GDPR and the Privacy and Electronic Communications (EC Directive) Regulations 2003. For personal data, NETSOL retains it for 2 years following its last use, and unsuccessful job application data is held for 8 months from the date of decision. Users have rights including the right to be informed, access, rectification, be forgotten, restrict processing, data portability, object, and rights regarding automated decision-making and profiling. However, the company stores some or all data outside of the European Economic Area (EEA).

Zero Waste & Sustainable Products

NETSOL Technologies' 2022 CSR report mentions waste reduction through recycling programs and employee education, and the company received the Annual Environment Excellence Award in 2022.

However, the report explicitly states that no specific quantitative data is provided for waste diversion rates, product recyclability, packaging sustainability, or other metrics related to zero waste and sustainable products. Other articles discuss general sustainability trends or company news unrelated to waste management metrics. Therefore, there is insufficient quantitative evidence to score any specific KPIs under the 'Zero Waste & Sustainable Products' value.