Infosys Goes Carbon Neutral 30 Years Head of Paris Agreement Timeline

In a big win, Infosys (NYSE: INFY) has achieved its target to go carbon neutral decades before the timeline set by the Paris Agreement. As a part of its ongoing Environmental, Social and Governance efforts, including leveraging renewables, orchestrating energy efficiencies and driving unique fully funded community-based carbon offset projects, Infosys declares it is now carbon neutral in compliance with PAS 2060 standards. A first Indian signatory to the ER100 global campaign, the company in the past few years has reduced its per capital electricity consumption by over 55 percent with the ambition to transition to renewable energy. Infosys has also developed a portfolio of community-based carbon offset projects.

N. R. Narayana Murthy, Founder, Infosys, says, “Longevity and success for a company comes 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 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 & Chairman, Infosys, says, “Infosys has always balanced success as a business with 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, says, “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”.

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