SHARING EQUITABLE SUSTAINABLE DIGITAL FUTURE > ESG GOVERNANCE FRAMEWORK > ENVIRONMENT VISION > SOCIAL VISION > GOVERNANCE VISION > ESG VISION 2030
Infosys has always put sustainability at the heart of its business approach. Our ability to fulfill and exceed our responsibility to our stakeholders today and tomorrow is a testament to our commitment.
2020 marked a milestone year for the Company. We turned carbon-neutral, 30 years ahead of the global targets, fulfilling the vision of our founders towards sustainable growth. In 2011, Infosys made a voluntary commitment to the United Nations to become carbon neutral.
We have since then embraced ambitious goals and meticulous plans not just for environmental preservation, but also to develop people and serve the interests of our stakeholders.
We are committed to continuing this journey and therefore we undertook a review of the progress we made over the past decade on our sustainability goals and developed the lens further in a more practical and comprehensive manner, to broaden our ESG focus and rank our priorities in order of their importance to our business and our stakeholders.
In October 2020, we launched our ESG Vision and Ambitions for 2030.
Our focus will be steadfast on battling climate change, conserving water and managing waste. On the social front, our emphasis will be on the development of people, especially around digital skilling, improving diversity and inclusion, delivering technology for good and energizing the communities we work in. We will also redouble efforts to serve the interests of all our stakeholders, setting the benchmark in corporate governance, ethics and transparency, data privacy and information management.
The Board instituted an Environmental, Social and Governance Committee (ESG Committee), with effect from April 14, 2021, to discharge its oversight responsibility on matters related to organization-wide ESG initiatives, priorities, and leading ESG practices. Kiran Mazumdar-Shaw, Lead Independent Director of the Board, is the chairperson of the ESG Committee. Independent directors Chitra Nayak and Uri Levine are the members of the committee. The ESG Committee will meet periodically and guide the Board in discharging its responsibilities.
Leverage technology to support the transition to a low‑carbon world
Maintaining carbon neutrality across Scope 1, 2 and 31 emissions every year
Reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 75%2
Reducing absolute Scope 3 GHG emissions by 30%
Engaging clients on climate actions through our solution
(1) Business travel, employee commute, and transmission and distribution losses (2) Corresponds to 75% renewable energy usage
Reduce our water footprint and enhance water availability in the communities where we operate
Maintaining 100% wastewater recycling every year
Reduce, reuse and recycle to minimize waste, including e-waste
Ensuring zero waste to landfill
<SHARING EQUITABLE SUSTAINABLE DIGITAL FUTURE > ESG GOVERNANCE FRAMEWORK > ENVIRONMENT VISION > SOCIAL VISION > GOVERNANCE VISION > ESG VISION 2030
Facilitate skilling to ensure progress for all
Extending digital skills to 10 Mn+ people, including employees, clients' workforce, students, teachers and communities (2025)
Partner with society to harness the power of technology solutions in their everyday
Empowering 80 Mn+ lives via tech for good programs in e-governance, healthcare and education (2025)
Foster diversity and nurture inclusion
Creating a gender‑diverse workforce at Infosys, with 45% women
Enable opportunities for communities locally
Delivering 33% of work by leveraging flexible / remote work options
Ensure fulfilling careers for our employees
Facilitating best‑in-class employee experience and being recognized among the best employers in our key operating regions
Be a leader and get benchmarked for world-class corporate governance
Bringing interests of all stakeholders to the fore through our empowered, diverse and inclusive Board
Building sustainable and responsible supply chains
Ensuring robust compliance and integrity practices
Engaging with stakeholders through various channels and earning trust through transparent communication
Ensure the safety of stakeholder data
Adopting leading data privacy standards across all global operations
Uphold the digital trust of our stakeholders
Being recognized as industry leader in our information security practices
Our commitment to our ESG Vision 2030 is unwavering. Fiscal 2021 has seen good progress in various goal areas. Some of these are highlighted here:
This year, Infosys successfully completed over 20 projects facilitating the journey of its clients to combat climate change through business-driven IT solutions around CCUs, energy storage, next-generation innovative and sustainable products, renewables, energy efficiency, brown field modernization & transformation, clean energy generation & trading, and transportation electrification. In addition, we have executed an MoU with British Petroleum for a strategic collaboration to drive integrated energy offers to reduce emissions at campuses and in cities.
In the new normal, when everyone has been forced to operate remotely, cloud and digital native, technologyled solutions and platforms have enabled businesses and governments to deal with the new conditions and be resilient.
Our #TechforGood initiative focuses on making an impact across three key segments - eGovernance, Healthcare and Education. Large, country-scale, multi-year, strategic ongoing initiatives in the areas of e-Governance and education across India, Australia and the US focus on positively impacting and enhancing the experience of citizens.
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We have amplified the reach and effectiveness of our wellness initiatives, in response to the disruption caused by the pandemic, with digital experience touchpoints and a comprehensive 5C framework of Connect, Collaborate, Celebrate, Care and Culture. Infosys' investment in best-in-class people practices has received recognitions such as the Top Employers Global 2021 certification in 20 countries across Europe, Middle East, Asia Pacific, and North America, as well as a Great Place to Work(r) certification in India and the US, and ranking by Fortune among the Best Big Companies to Work For(tm) 2021 in the US.
Infosys has been recognized as one of the 2021 World's Most Ethical Companies by Ethisphere Institute, US. Infosys is one of only four honorees in the Software and Services Industry globally and one of only three honorees in India. Infosys was distinguished for its undiluted commitment towards integrity and making value-based decisions. The recognition additionally spotlighted Infosys in the areas of ethics and compliance, diversity, governance, and social initiatives. For detailed information, please read our ESG Vision 2030 and our ESG FY21 Report.
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