Infosys [https://www.infosys.com/] (NYSE: INFY), a global leader in 
next-generation digital services and consulting, today announced that it has 
been recognized by Ethisphere Institute [https://ethisphere.com/], the global 
leader in defining and advancing the standards of ethical business practices, 
as one of the world's most ethical companies for 2021. Infosys was 
distinguished for its undiluted commitment towards integrity and making 
value-based decisions. Through this coveted recognition, Infosys has become one 
of only four honorees in the Software & Services Industry globally, and one of 
the only three honorees in India. 

   In 2021, 135 honorees were recognized spanning 22 countries and 47 
industries. This year, the process was streamlined, and question set expanded 
to gauge how companies are adapting and responding to the global health 
pandemic, environmental, social and governance factors, safety, equity, 
inclusion, and social justice. Infosys showcased a strong connection between 
ethical practices and solid performance in the global market. The recognition 
additionally spotlighted Infosys in the areas of ethics and compliance, 
diversity, governance, and social initiatives.

    Timothy Erblich, Chief Executive Officer of Ethisphere, said, "2020 ushered 
many hardships for the world putting us through one of the most difficult tests 
of all times. While addressing various tough challenges, we saw companies not 
just working towards earning the trust of stakeholders through resilience and a 
commitment to ethics, transparency, and integrity but advancing their corporate 
cultures for the greater good. We are delighted to acknowledge Infosys for its 
firm commitment to creating the highest value for the communities they serve 
while prioritizing social imperatives. We would like to congratulate everyone 
at Infosys for earning this designation."

    Salil Parekh, Chief Executive Officer and Managing Director, Infosys, said, 
"We are extremely honored to receive this prestigious recognition from the 
Ethisphere Institute. Flawless execution with integrity and compliance is the 
cornerstone of our continued success, and we firmly believe that an 
integrity-based approach greatly influences business success. Infosys' core 
values are the foundation on which we have built our success over the years. 
This acknowledgement further encourages us to stay committed to operate with 
high ethical standards and transparency, especially in these unprecedented 
times." 

    The complete list of 2021 World's Most Ethical Companies can be found at: 
https://worldsmostethicalcompanies.com/honorees

Methodology & Scoring

Grounded in Ethisphere's proprietary Ethics Quotient®, the World's Most Ethical 
Companies assessment process includes more than 200 questions on culture, 
environmental and social practices, ethics and compliance activities, 
governance, diversity and initiatives to support a strong value chain. The 
process serves as an operating framework to capture and codify the leading 
practices of organizations across industries and around the globe.

    About Infosys

    Infosys is a global leader in next-generation digital services and 
consulting. We enable clients in 46 countries to navigate their digital 
transformation. With nearly four 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 in this release concerning our future growth prospects, 
financial expectations and plans for navigating the COVID-19 impact on our 
employees, clients and stakeholders are forward-looking statements 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 COVID-19 and the 
effects of government and other measures seeking to contain its spread, risks 
related to an economic downturn or recession in India, the United States and 
other countries around the world, changes in political, business, and economic 
conditions, 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, 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry and the outcome of pending litigation and government 
investigation. 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, 2020. 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.

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    Source: Infosys