Wipro Selected as Dow Jones Sustainability World Index (DJSI) Member for the Seventh Consecutive Year
November 21 2016 - 8:00AM
Business Wire
Channel NewsAsia ranks Wipro Asia’s best
sustainable company; Company in CDP’s 2016 Climate ‘A list’
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.”
About Wipro Limited.
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
information technology, consulting and business process services
company that delivers solutions to enable its clients to do
business better. Wipro delivers winning business outcomes through
its deep industry experience and a 360 degree view of “Business
through Technology.” By combining digital strategy, customer
centric design, advanced analytics and product engineering
approach, Wipro helps its clients create successful and adaptive
businesses. A company recognized globally for its comprehensive
portfolio of services, strong commitment to sustainability and good
corporate citizenship, Wipro has a dedicated workforce of over
170,000, serving clients across 6 continents. For more information,
please visit www.wipro.com.
Forward-looking and Cautionary Statements
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 our
earnings, revenue and profits, our ability to generate and manage
growth, intense competition in IT services, our ability to maintain
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, our ability to manage our
international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability
to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which we make strategic investments, withdrawal of
fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside
India, unauthorized use of our intellectual property, and general
economic conditions affecting our business and industry. Additional
risks that could affect our future operating results are more fully
described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov. We
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. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf.
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Wipro LimitedShraboni Banerjeeshraboni.banerjee@wipro.com
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