Channel NewsAsia ranks Wipro Asia’s best sustainable company; Company in CDP’s 2016 Climate ‘A list’
Bangalore, India and East Brunswick, New Jersey, USA – November 21, 2016: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been selected as a member of the global Dow Jones Sustainability Index (DJSI) – 2016 for the seventh year in succession. Wipro is included in both the DJSI World and Emerging Markets Indices.
A total of 1,986 companies were assessed from around the world of which 316 have been chosen as the DJSI World constituents for the year 2016-17. The IT Services sector saw 91 companies participating globally of which nine have been selected for the World Index.
DJSI is a leading global indicator tracking the financial performance of companies across all industries that outperform on Sustainability. The selection was done based on an exhaustive, rigorous evaluation of Wipro’s sustainability performance on several dimensions spanning economic, environment and social sustainability – a few examples are Climate Change Performance, Corporate Governance, Innovation, Labor Practices and Digital Inclusion.
Separately, Wipro is first in the list among the 100 most sustainable corporations in Asia, in the annual Channel NewsAsia Sustainability Ranking list. The ranking is based on an extensive independent analysis done by Sustainalytics, an environmental, social and governance research and analysis firm. The annual Channel NewsAsia Sustainability Ranking identifies and celebrates leading firms in corporate sustainability across ten key Asian economies.
Wipro has also been featured in the ‘A List’ of Carbon Disclosure Project’s (CDP) global report, and the India Climate Change Report 2016. Among 193 global companies, Wipro is one of the two Indian companies, featured in the ‘A List’ of CDP’s global report. It is also one among the 62 companies decoupling emissions from revenue, proving that low carbon transition does not necessarily mean lower revenue. Wipro is among the few companies in India which have aligned its carbon emissions targets with the latest climate science for a 2˚C pathway.
Commenting on this recognition, Anurag Behar, Chief Sustainability Officer, Wipro Limited said, “It is an honour for us at Wipro to be included in these global recognitions for years in succession. We value these assessment processes as their rigorous and comprehensive approach helps us to constantly review and strengthen our sustainability programs across economic, ecological and social dimensions.”