News: Infosys turns carbon neutral 30 years ahead of PAS 2060

C-Suite

Infosys turns carbon neutral 30 years ahead of PAS 2060

Infosys also announced its ESG Vision for 2030 which is be a well-governed model organization for diverse talent with an inclusive workplace and community strategies to leverage technology for good.
Infosys turns carbon neutral 30 years ahead of  PAS 2060

Infosys has recently announced its Environmental, Social and Governance (ESG) Vision for 2030. The company also announced that it is now carbon neutral in compliance with PAS 2060 standards. 

According to The Lawrence Berkeley National Laboratory, Infosys’ work campuses are some of the most energy-efficient in the world. In fact, over the past years, the company has reduced its per capita electricity consumption by over 55 percent with the ambition to transition to renewable energy. It is the first Indian signatory to the RE100 global campaign. Infosys has also successfully developed a portfolio of community-based carbon offset projects. These focus primarily on the socio-economic development of rural communities and contributions to the UN Sustainable Development Goals. The projects not only address climate change but also benefit over 100,000 rural families.

N. R. Narayana Murthy, Founder - Infosys, said, “Longevity and success for a company come from living in harmony with the context in which it operates. Right from the first day, Infosys has recognized and fulfilled its responsibilities towards overcoming the challenges in our context. It has also taken on new responsibilities like reducing carbon emission, improving air quality, optimally using water and solar power. The Infosys Foundation has helped the poor by addressing their needs in education, healthcare, nutrition, and shelter as well as providing a shoulder to the efforts of our governments during times of disaster. Today, nearly four decades after embracing these values, I am happy that Infosys continues to strive hard for these values to make our context better."

Nandan Nilekani, Co-founder and Chairman, Infosys, said, “Infosys has always balanced success as a business with an unwavering focus on exemplary governance and responsiveness to the needs of the ecology and society. As an early proponent of responsible business, we understand our obligation to integrate ESG factors into what we do, which is only increasing in importance particularly in the wake of COVID-19.  Our company began to take action to combat climate change in 2008 and I am delighted to announce Infosys’ carbon neutrality in 2020. Today, our 2030 vision reflects how ESG will continue to be integral to Infosys’ sustainable business performance.”

Salil Parekh, Chief Executive Officer, Infosys, said, “As a progressive business committed to the well-being of stakeholders, Infosys is incredibly proud of the investments its founders have made to make the business truly sustainable and socially responsible. The company’s ESG roadmap for 2030 reflects its continued aspiration to be a well-governed model organization for diverse talent with an inclusive workplace and community strategies to leverage technology for good.”

Some of the highlights from Infosys' ongoing ESG Goals include:

  • Continue to be carbon neutral across Scope 1, 2, and 3 emissions every year. Eliminate 75 percent Scope 1 and 2 Greenhouse Gas emissions and reduce by 30 percent absolute Scope 3 Greenhouse Gas emissions
  • Expand reskilling initiatives to empower 10 million-plus people with digital skills and 80 million-plus lives with technology for good programs in e-governance, healthcare, and education.
  • Nurture an inclusive and gender-diverse workforce with at least 45 percent of women employees
  • Continue to bring interests of all stakeholders to the fore through an empowered, diverse, and inclusive Board
  • Further strengthen data privacy and information security standards across global operations, having been awarded the accredited certification on ISO 27701 by Bureau Veritas Certification (BVC)
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Topics: C-Suite

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