Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, September 27 2019 - 00:00
AsiaNet
Infosys Wins UN Global Climate Action Award for 'Carbon Neutral Now' Category
BENGALURU, India, September 26 /PRNewswire-AsiaNet/ --

- Recognized for its dedicated efforts towards climate change action  


    Infosys [https://www.infosys.com/] (NYSE: INFY), a global leader in 
next-generation digital services and consulting, today announced that it has 
won the prestigious United Nations Global Climate Action Award in the 'Climate 
Neutral Now' category. Infosys is the only corporate from India to earn the 
recognition for its efforts to combat climate change. The announcement of the 
winners came shortly, after the UN Climate Summit in New York was convened by 
UN Secretary General António Guterres.

    (Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg)


    The award will be presented to Infosys at the UN Climate Change Conference 
(COP25) in Santiago, Chile (December 2019). 

    The UN Global Climate Action Awards are organized by the Momentum for 
Change initiative of the UN Climate Change Secretariat. The award winning 
projects are recognized for their innovative solutions that address climate 
change, and help drive progress on many other sustainable development goals, 
such as poverty alleviation, gender equality and economic opportunity.

    Announcing the award, Niclas Svenningsen, Manager of the UN Climate Change 
Global Climate Action Programme, said, "This year, we had over 670 incredible 
applications for the UN Global Climate Action Award. It is our pleasure to 
award Infosys. Their pledge to become carbon neutral serves as a beacon, 
guiding us towards a more sustainable future for all. Infosys has implemented 
energy efficiency measures and switched to renewable energy, while offsetting 
any remaining emissions through its carbon offset projects. Infosys is helping 
the world transition to a low-carbon future - providing a shining example of a 
scalable and replicable climate solution." 

    Infosys began its action to combat climate change in 2008, with an 
assessment of its carbon footprint. In 2011, Infosys made a voluntary 
commitment to the United Nations to become carbon neutral. The company has been 
on an accelerated plan focusing on energy efficiency, renewable energy (RE) and 
offsetting emissions. Infosys' vision for a low carbon future is evident from 
the commitment the company made, significantly ahead of 2015 Paris climate 
change agreement. Additionally, in October 2018, Infosys also pledged to 
demonstrate its commitment to moving to a low carbon economy, at the 'Climate 
Neutral Now' platform by UNFCCC. 

    Key achievements: 

      -	Infosys has some of the most energy efficient campuses across the world 
      -	Infosys is the first signatory to the RE100 global campaign and is 
transitioning to renewable energy for all its electricity needs 
      -	The company reduced its per capita energy consumption by over 51 
percent since 2008 
      -	46 percent of the company's electricity came from RE sources in FY2019, 
which included about 49 megawatt (MW) from owned solar plants 
      -	Infosys has a portfolio of large community based emissions reduction or 
offset projects to compensate for emissions outside Infosys' boundaries. These 
projects not only address climate change, but also benefit over 100,000 
families today, contributing to the socio-economic development of rural India. 

    Pravin Rao, Chief Operating Officer, Infosys, said, "At Infosys, what 
started as an endeavor to become carbon neutral, has turned into a journey of 
fulfilment and hope. This has been possible with our strategy to integrate 
carbon neutrality with sustainable development. This UN award is a validation 
of our commitment and progress towards supporting the cause of climate change."

    To know more about this award, please visit 
https://unfccc.int/climate-action/momentum-for-change/climate-neutral-now/infosys


    About Infosys

    Infosys is a global leader in next-generation digital services and 
consulting. We enable clients in 45 countries to navigate their digital 
transformation. With over three decades of experience in managing the systems 
and workings of global enterprises, we expertly steer our clients through their 
digital journey. We do it by enabling the enterprise with an AI-powered core 
that helps prioritize the execution of change. We also empower the business 
with agile digital at scale to deliver unprecedented levels of performance and 
customer delight. Our always-on learning agenda drives their continuous 
improvement through building and transferring digital skills, expertise, and 
ideas from our innovation ecosystem.

    Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your 
enterprise navigate your next.

    Safe Harbor

    Certain statements mentioned in this presentation concerning our future 
growth prospects are forward-looking statements regarding our future business 
expectations intended to qualify for the 'safe harbor' under the Private 
Securities Litigation Reform Act of 1995, which involve a number of risks and 
uncertainties that could cause actual results to differ materially from those 
in such forward-looking statements. The risks and uncertainties relating to 
these statements include, but are not limited to, risks and uncertainties 
regarding fluctuations in earnings, fluctuations in foreign exchange rates, our 
ability to manage growth, intense competition in IT services including those 
factors which may affect our cost advantage, wage increases in India, our 
ability to attract and retain highly skilled professionals, time and cost 
overruns on fixed-price, fixed-time frame contracts, client concentration, 
restrictions on immigration, industry segment concentration, our ability to 
manage our international operations, reduced demand for technology in our key 
focus areas, disruptions in telecommunication networks or system failures, our 
ability to successfully complete and integrate potential acquisitions, 
liability for damages on our service contracts, the success of the companies in 
which Infosys has made strategic investments, withdrawal or expiration of 
governmental fiscal incentives, political instability and regional conflicts, 
legal restrictions on raising capital or acquiring companies outside India, and 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry. Additional risks that could affect our future operating 
results are more fully described in our United States Securities and Exchange 
Commission filings including our Annual Report on Form 20-F for the fiscal year 
ended March 31, 2019. These filings are available at www.sec.gov. Infosys may, 
from time to time, make additional written and oral forward-looking statements, 
including statements contained in the Company's filings with the Securities and 
Exchange Commission and our reports to shareholders. The Company does not 
undertake to update any forward-looking statements that may be made from time 
to time by or on behalf of the Company unless it is required by law.

    For further information, please contact: PR_Global@infosys.com


    Source: Infosys