Ranked #72 globally for delivering superior financial performance and leading the race to zero emissions economy
Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has been recognized as the only Indian organisation amongst the ‘2021 Global 100 Most sustainable corporations in the World’ by Corporate Knights, a media, research and financial information products company which produces rankings and financial product ratings based on corporate sustainability performance.
Tech Mahindra is ranked #1 in India and #72 globally in the list of ‘World’s 100 Most Sustainable Corporations’ for delivering superior financial performance and leading the race to zero emissions economy.
Tech Mahindra is also one of 28 of the Global 100 companies who have signed the Business Ambition for 1.5°C commitment, an initiative by a global coalition of UN agencies and business leaders to prevent the worst impacts of climate change.
Tech Mahindra has taken ambitious emission targets, approved by the SBTi (Science-based Targets Initiative) to reduce its absolute scopes 1 and 2 GHG (Greenhouse Gas) emissions 22% by 2030 and 50% by 2050 from baseline year 2016. The company has also taken a target to increase its renewable energy to 50% by 2025. Tech Mahindra is also working closely with partners and customers to help them increase energy savings, digitize and automate operations and create collaborative work environments addressing the need for sustainable practices. This includes solutions like Micro Grid as a Service, Smart city solutions, Smart grid, Smart Data Hubs, Smart Street light, Smart bin, Smart Energy Management, and Smart metering and analytics.
The Corporate Knights ranking highlights that Global 100 companies earn 41% of their revenues from products or services aligned with the UN Sustainable Development Goals, compared to just 8% for their peers.
New Delhi - January 25, 2021
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