Tech Mahindra's Sustainability Achievement
Tech Mahindra, a prominent provider of technology consulting and digital solutions, has recently been acknowledged as a global leader in sustainability by the S&P Dow Jones Sustainability Indices (DJSI) 2024. With a remarkable score of 88, the company secured the top spot in India and the second position worldwide in the Technology, Software, and IT Services sector.
A Commitment to Sustainability
The DJSI is highly regarded for evaluating the environmental, social, and governance (ESG) performance of companies. Tech Mahindra's strong score not only reflects its robust sustainability practices but also emphasizes its commitment to advancing green initiatives across the globe.
In the TSV IT Services segment, Tech Mahindra is categorized into three main divisions: data processing and outsourced services, internet services and infrastructure, and IT consulting and associated services. This recognition marks Tech Mahindra's inclusion in both the DJSI World Index and the DJSI Emerging Markets for the tenth consecutive year. The DJSI World Index signals the achievements of the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on their long-term sustainability metrics.
A Vision for a Greener Future
Sandeep Chandna, Chief Sustainability Officer at Tech Mahindra, acknowledged the importance of sustainability in today's world. He stated, "In a rapidly changing world, organizations must commit to sustainability and resilience, ensuring our actions today pave the way for a better tomorrow." His remarks underline the essence of Tech Mahindra's continuous efforts to incorporate sustainability into its operations.
Strategic Sustainability Goals
The company has set ambitious targets which include achieving Net Zero by 2035 and Carbon Neutrality by 2030. Tech Mahindra is also targeting 90% renewable energy sourcing by 2030 and aims to become water-positive and achieve 100% Zero Waste to Landfill certification across all its facilities by 2030. These goals reflect a comprehensive sustainability strategy aimed at minimizing environmental impact and fostering societal growth.
Driving Change Through Innovation
To reinforce its commitment, Tech Mahindra has implemented an internal carbon pricing mechanism that drives strategic investments into renewable energy and other green technologies. This innovative approach not only establishes Tech Mahindra's position as a global sustainability leader but also creates long-lasting value for its stakeholders as well as for the planet.
Tech Mahindra's dedication to sustainability, combined with its strategic vision, presents an inspiring narrative for companies looking to adopt similar practices. As organizations worldwide increasingly focus on responsible and sustainable operations, Tech Mahindra sets a remarkable example of how to effectively implement these principles.
For further details about their sustainability efforts, and how Tech Mahindra can assist organizations in achieving their business objectives, visit
Tech Mahindra's website.
Conclusion
In conclusion, Tech Mahindra’s consistent recognition in global sustainability rankings highlights its ongoing dedication to environmental, social, and governance initiatives. This impressive achievement not only positions the company as a leader in technology consulting and solutions but also as a pivotal player in promoting a sustainable future.