Fractal Secures CDP 'B' Rating, Reflecting Strong Climate Commitment
In a landmark achievement, Fractal, the globally recognized enterprise AI firm, has received a CDP 'B' rating for the third consecutive year, showcasing its dedication to climate action and environmental governance. This accolade sets Fractal apart in the competitive landscape of over 24,800 companies evaluated through the CDP framework in 2024. The CDP, well-regarded as a leading platform for environmental emissions reporting, dedicates its efforts to enhance the transparency and accountability of corporate climate initiatives around the world.
Understanding the CDP Rating System
The CDP ratings are crucial for various stakeholders, including investors, policymakers, and consumers, as they assess a company’s environmental impact and sustainability practices. A 'B' rating signifies that Fractal is effectively managing its climate-related impacts, risks, and opportunities. It also indicates that the company is actively taking steps toward significant improvements in its emissions management.
Chetana Kumar, the Chief Sustainability Officer at Fractal, stated, "Our successful CDP disclosure exemplifies rigorous environmental reporting standards and strengthens our accountability to stakeholders. It underscores the necessity of measuring and monitoring emissions, which is crucial for genuine climate action. Our ongoing commitment to carbon accounting has spanned six fiscal years. By aligning with the GHG Protocol Corporate Standard, we have produced a comprehensive greenhouse gas inventory and received third-party validation for our Scope 1, 2, and 3 emissions in accordance with the AA1000AS standard."
Steps Towards Net Zero
Fractal is on a steadfast journey toward achieving Net Zero, prioritizing independent assessments as part of its operational processes. Notably, Fractal's offices located in Mumbai and Bengaluru have received 'Leadership in Energy and Environmental Design' (LEED) Gold certification, a testament to their commitment to conserving resources and managing waste responsibly. Furthermore, the Mumbai office boasts a WELL Platinum certification, which recognizes excellence in health and wellness for office environments.
These impressive accomplishments not only reflect Fractal's robust commitment to addressing climate change but also align with the United Nations Sustainable Development Goal 13, which emphasizes the urgent need for climate action. By integrating environmental sustainability into its core business strategies, Fractal is reducing its carbon footprint while empowering its clients to meet their own climate action goals.
Company Overview
Fractal operates under the vision to enhance decision-making across enterprises. This public company has transformed its suite of services, including Asper.ai, which fosters interconnected decision-making for revenue growth, and Analytics Vidhya, which stands as one of the largest data science communities globally. Moreover, Fractal has pioneered advancements in healthcare AI through Qure.ai, driving efficient identification and management of critical health issues.
With a workforce of over 5,000 professionals scattered across numerous international locations such as the U.S., Canada, and India, Fractal has consistently earned accolades as one of the best workplaces in India and globally. This recognition highlights not only their business success but also their commitment to creating a thriving workplace culture.
Conclusion
The continuous recognition from CDP enhances Fractal's reputation as a leader in sustainable corporate practices and environmental responsibility. By prioritizing clear metrics of accountability and nurturing a sustainable approach, Fractal is paving the way for transformative change in corporate governance related to climate action. The future looks promising not just for Fractal but also for its clients and partners, as they collectively steer towards a sustainable future. For extensive insights into Fractal’s operations and sustainability initiatives, interested parties are invited to visit
www.fractal.ai.