City
Epaper

Infosys recognized with 'A' score for transparency on climate change

By IANS | Updated: December 21, 2022 13:06 IST

Bengaluru, Dec 21 Infosys has been recognised for leadership in corporate transparency and performance on climate change by ...

Open in App

Bengaluru, Dec 21 Infosys has been recognised for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual 'A List', an official statement said on Wednesday.

Based on data reported through CDP's 2022 Climate Change questionnaire, Infosys is one of a small number of companies that achieved an ‘A' out of nearly 15,000 companies scored.

CDP's annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency.

In 2022, over 680 investors with over $130 trillion in assets and 280 major purchasers with $6.4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks, and opportunities through CDP's platform.

A record-breaking 18,700 companies responded.

A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D-based on the comprehensiveness of disclosure, awareness, and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.

Infosys has been featured in the leadership category under the CDP Climate Change disclosure for the seventh year in a row. This achievement is a testament to our climate action efforts, while also demonstrating climate-related risk management, mitigation initiatives, transparent disclosures on emissions, and emission reduction initiatives across the supply and value chain.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: InfosysInfosys ltd.Infosys limitedInfosys technologies limitedAshok mysore
Open in App

Related Stories

BusinessInfosys Shares Jump 4% on Strategic AI Partnership with Anthropic Amid Sector Weakness

BusinessWhat Is Anthropic’s AI Tool That Shook Global IT Stocks, Wiping Out ₹1.75 Lakh Crore Market Value ?

TechnologyInfosys to Hire 20,000 Fresh Graduates in FY27 as AI Drives New Growth, Says CEO Salil Parekh

BusinessInfosys Shares Gain by 5% After Positive Q3 Results and Strong AI-led Deal Momentum

BusinessInfosys Shares Rise 1% After Partnering With Amazon Web Services on Generative AI

International Realted Stories

InternationalIndian envoy meets Cyprus President, discusses upcoming India visit

InternationalTaxes, margins eat half of Pakistan's petrol price, consumers cry: Report

InternationalWUC marks 36 years of Baren Uprising, calls for justice and global action against China

InternationalUS lawmakers push Bipartisan Bill to protect Taiwan's undersea cables amid rising China threat

InternationalEAM Jaishankar thanks Armenian FM for evacuation support for Indian fishermen in Iran