Recognition honors companies demonstrating
exceptional leadership and a commitment to business
integrity through best-in-class ethics, compliance, and governance
practices
BENGALURU, India, March 21, 2022 /PRNewswire/ -- Infosys (NSE:
INFY) (BSE: INFY) (NYSE: INFY), a global leader in
next-generation digital services and consulting, today announced
that it has been recognized by Ethisphere Institute, a global
leader in defining and advancing the standards of ethical business
practices, as one of the 2022 World's Most Ethical Companies, for
the second consecutive year. Through this recognition, Infosys has
become the only company in India,
and one of the four honorees globally, in the software &
services industry.
In 2022, 136 honorees were recognized from 22 countries and
across 45 industries. These companies were evaluated based on the
Ethisphere Ethics Quotient® across multiple
categories, including culture, environmental and social
practices, ethics and compliance, governance, diversity, and
initiatives to support a strong value chain.
"Today, business leaders face their greatest mandate yet to be
ethical, accountable, and trusted to drive positive change," said
Timothy Erblich, Chief Executive
Officer, Ethisphere. "We continue to be inspired by the World's
Most Ethical Companies honorees and their dedication to integrity,
sustainability, governance, and community. Congratulations to
Infosys for earning the World's Most Ethical Companies
designation."
Salil Parekh, Chief Executive
Officer and Managing Director, Infosys, said, "Being ethical is
at the heart of everything we do, and one of the core values on
which Infosys has built its success over the years. We are honored
to receive this recognition from the prestigious Ethisphere
Institute. Receiving this recognition for the second consecutive
year is a testament to our excellence in ethical practices and our
commitment to operate with utmost integrity and transparency as
articulated in our C-LIFE values."
The complete list of 2022 World's Most Ethical Companies can be
found at: https://worldsmostethicalcompanies.com/honorees
Methodology & Scoring
Grounded in Ethisphere's proprietary Ethics Quotient®, the
World's Most Ethical Companies assessment process includes more
than 200 questions on culture, environmental and social practices,
ethics and compliance activities, governance, diversity, and
initiatives to support a strong value chain. The process serves as
an operating framework to capture and codify the leading practices
of organizations across industries and around the globe.
About Ethisphere
Ethisphere® is the global leader in defining and
advancing the standards of ethical business practices that fuel
corporate character, marketplace trust and business success.
Ethisphere has deep expertise in measuring and defining core ethics
standards using data-driven insights that help companies enhance
corporate character and measure and improve culture. Ethisphere
honors superior achievement through its World's Most Ethical
Companies recognition program and provides a community of industry
experts with the Business Ethics Leadership Alliance (BELA).
More information about Ethisphere can be found
at: https://ethisphere.com.
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in more than 50 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer our clients through their digital
journey. We do it by enabling the enterprise with an AI-powered
core that helps prioritize the execution of change. We also empower
the business with agile digital at scale to deliver unprecedented
levels of performance and customer delight. Our always-on learning
agenda drives their continuous improvement through building and
transferring digital skills, expertise, and ideas from our
innovation ecosystem.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, financial expectations and plans for navigating the
COVID-19 impact on our employees, clients and stakeholders are
forward-looking statements intended to qualify for the 'safe
harbor' under the Private Securities Litigation Reform Act of 1995,
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 COVID-19 and the effects of government and
other measures seeking to contain its spread, risks related to an
economic downturn or recession in India, the United
States and other countries around the world, changes in
political, business, and economic conditions, 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,
unauthorized use of our intellectual property and general economic
conditions affecting our industry and the outcome of pending
litigation and government investigation. 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, 2021. These filings are
available at www.sec.gov. 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.
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SOURCE Infosys