Top ESG evaluators recognize Infosys'
dedication to sustainability and ethics in business
BENGALURU, India, March 2,
2023 /CNW/ -- Infosys (NSE: INFY) (BSE: INFY)
(NYSE: INFY), a global leader in next-generation digital services
and consulting, today announced it is featured as a top performer
across several global industry rankings and assessments in
Environmental, Social, and Governance (ESG) in FY22-23. The company
has been recognized for its many efforts to consistently
demonstrate commitment to sustainability, ethical leadership, and
responsible business practices.
Infosys topped the charts in the CRISIL ESG Leadership Rankings
and was featured in the CRISIL Sustainability Yearbook, 2022
for the second consecutive year. In 2022, the MSCI ESG Assessment
also conferred 'AA' rating to Infosys. The MSCI ESG ratings measure
ESG performance, including the management of financially relevant
ESG risks and opportunities, of companies worldwide.
Infosys is also a forerunner in driving climate action across
its operations. It has been recognized for leadership in corporate
transparency and performance on climate change by the global
environmental non-profit CDP, securing a place on the CDP annual 'A
List in 2022. This is the seventh year in a row that Infosys has
been featured in the leadership category under the CDP Climate
Change disclosure - a testament to Infosys' climate action efforts,
including climate-related risk management, mitigation initiatives,
transparent disclosures on emissions, and emission reduction
initiatives across the supply and value chain.
For the sixth year in a row, in 2022, Infosys is listed on the
Dow Jones Sustainability Indices (DJSI), a leading benchmark for
corporate sustainability. In addition, in their latest Company ESG
Risk Ratings, Sustainalytics recognized Infosys as an industry-wide
and regional top-rated ESG performer in 2023. Sustainalytics is a
renowned independent ESG and corporate governance research,
ratings, and analytics firm.
In 2022, EcoVadis, a globally acclaimed ratings platform for
corporate social responsibility and sustainable procurement,
recognized Infosys with a Gold medal for CSR practices. Infosys has
been a recipient of the EcoVadis Gold recognition for over seven
"With the accelerated progress we are making on the ESG front,
the value creation for us across the bottom and top line is solid,"
said Nilanjan Roy, Chief
Financial Officer, Infosys. "From earning greater client trust
and building a purposeful employer brand to making our operations
both efficient and sustainable, ESG is integral to our core
business strategy. At Infosys, we remain steadfast in our mission
to drive responsible business practices."
Infosys' ESG ambitions are integral to the corporate strategy of
creating value for all stakeholders and building a better tomorrow.
Check out our latest research report, Infosys ESG Radar 2023, to
learn more about how ESG is key to creating business value.
For more information on our ESG initiatives, please visit
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, in more than 50 countries, as they navigate their digital
transformation powered by the cloud. We enable them wi th an
AI-powered core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
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 and the US, 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, 2022.
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.