Infosys, a global leader in consulting and technology, has been named a ‘2013 Environmental Tracking (ET) Carbon Ranking Leader’ for its greenhouse gas emissions and disclosure practices.
As part of the selection process, the Environmental Investment Organization, a climate change and finance think tank, assessed the carbon ranking of the 300 largest companies across the five BRICS countries, ranking Infosys in the top five companies.
Key carbon reduction projects at Infosys include:
• The first use of radiant cooling air conditioning in a commercial building; utilising a new technique that involves circulating water in embedded pipes to chill rooms and reduce energy use;
• Establishment of a 250 kW solar plant on a campus in Jaipur and a 125 kW solar photovoltaic plant in Trivandrum;
• Creation of an innovative way to notify employees leaving a building that they have left their computer on, and a system for them to remotely switch it off using their phone;
• Rainwater harvesting in Mysore that reduced its fresh water consumption by 18 per cent in its first year, saving nearly 300 million litres of fresh water.
S. Gopalakrishnan (Kris), Founder and Executive Co-Chairman, Infosys:
“Sustainability has been one of the core values at Infosys for several years. We continuously strive to bring creative solutions to reduce our carbon emissions. As well as the environmental and cost benefits, a focus on environmental innovation has created a new business opportunity for us. We are now looking for ways to bring this expertise to the benefit of our clients, providing sustainability services to clients across the world.”
Sam Gill, CEO at the Environmental Investment Organisation:
“I am delighted to be able to present the 2013 ET Carbon Ranking Leader Award to Infosys on behalf of the Environmental Investment Organisation. Whilst effective greenhouse gas emissions reporting is certainly not an easy task for any company it is excellent to see certain companies demonstrating that it can be done and to an ever increasingly higher standard. In light of 62% of companies in the ET Global 800 reporting incomplete data or no data at all, any company ranking within the top ten in their respective region should be viewed as a pioneering leader, constantly raising the bar for others around them. We actively encourage companies in their region to follow suit by publicly disclosing complete Greenhouse Gas emissions data across Scopes 1, 2 & 3.”
Infosys (infosys.com) partners with global enterprises to drive their innovation-led growth. That's why Forbes ranked Infosys #19 among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals.
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012 and on Form 6-K for the quarter ended June 30, 2012, September 30, 2012 and December 31, 2012. These filings are available at sec.gov Opens in new window. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.