Tech Mahindra has been recognized as a leader in the Dow Jones Sustainability Indices 2018 for the fourth consecutive year. Tech Mahindra is one of four Indian companies to be included in the DJSI World Index and one of ten Indian companies in the DJSI Emerging Markets category.
S&P Dow Jones Indices (S&P DJI) is one of the world’s leading index providers, and RobecoSAM is an investment specialist focused exclusively on Sustainability Investing (SI). The DJSI ranking is a validation of Tech Mahindra’s focus on driving its sustainability agenda through specific initiatives, such as renewable energy and water reusability projects and investment in innovative sustainability solutions, including: SMART Grid, Micro Grid as a Service, Intelligent Electrical Vehicle Charging System (IEVCS), Community Action Platform for Energy (CAPE), and Green Data Centers & Cloud-based services.
Manjit Jus, Head of ESG Ratings, RobecoSAM, said, “I congratulate Tech Mahindra for being included in the DJSI World Index & Emerging Markets category. Companies that compete for a coveted place in the DJSI, challenge themselves to continuously improve their sustainability practices and we are pleased to see that the number of companies that commit to achieving measurable positive impacts continues to rise.”
The DJSI World is the gold standard for corporate sustainability and the first global index to track sustainability efforts among corporates. Every year RobecoSAM assesses the world’s largest companies via its Corporate Sustainability Assessment (CSA), on both financial and non-financial parameters.
Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra, said, “Tech Mahindra’s inclusion in the DJSI World Index ranking for the fourth consecutive year is a testimony of our commitment to implement sustainability as part of our company’s culture. We continue to invest in building a sustainable future for our employees, our communities and our supply chain partners.”
Tech Mahindra is committed to ensure corporate governance, ethical business conduct, and environmental stewardship. The sustainability practices at Tech Mahindra are focused on value creation for all stakeholders. These initiatives include reducing water and energy consumption across buildings, waste reduction, using renewable sources of energy for power generation, achieving carbon neutrality, making supply chains sustainable, and employee and customer engagement.
For further methodology information, please visit the CSA Resource Center. For more detailed information on the major methodology changes and observations on the CSA results, download the Annual Methodology & Scoring Review.