An Indian multinational IT company stands out as a key player in the responsible growth space. It is showcasing its commitment for sustainability through cutting-edge technologies like radiant cooling and the development of eco-friendly campuses for energy conservation. The company, deeply dedicated to environmental responsibility, has successfully maintained carbon neutrality for four consecutive years, including 2023, and strives to lead the way in crucial environmental, social, and governance initiatives. Its commitment to addressing climate change, water conservation, and waste management is integral to its business practices.
Significant reductions in greenhouse gas emissions were achieved in FY 2023. 49.92% reduction in Scope 1 and 2 emissions and 50.15% reduction in Scope 3 emissions compared to 2020.
Demonstrating a focus on energy efficiency, the company experienced a decrease in energy intensity from 13 MWh/Million USD in FY 20-21 to 10.96 MWh/Million USD in FY 22-23, showcasing an ongoing commitment to a sustainable and brighter future.
In FY 23, the company's global operations consumed 199.66 Million kWh of power, contributing to its sustainability goals.
The IT major has installed solar photovoltaic panels on the rooftops of its office buildings, effectively reducing its carbon footprint. In the region, a total solar power capacity of 14.4 MW is comprised of rooftop photovoltaic panels. Additionally, an extra measure has been taken with the integration of a solar power facility in Sira, Karnataka in the year 2018, boasting a specific capacity of 40 MW. Altogether, the company has successfully installed a total of 60 MW in solar capacity panels.
With 57.9% of electricity for its Indian operations sourced from renewable energy, the company further solidifies its commitment through third-party power purchase agreements and holds green building certifications for approximately 28.9 million sq. ft. of office space.
This Indian IT MNC sets an example for others to address environmental impact and contribute to a sustainable future through tangible initiatives.
To know more visit our ESG page