Wipro Recognized by CDP for Climate Change Disclosure for second time in a row

Wipro tops CDP’s global “Carbon Disclosure Leadership Index”

Wipro Ltd., (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced that it has been named as a leader in the India 200 Climate Disclosure Leadership Index (CDLI), for the second time in a row. Wipro continues to retain the top position with a disclosure score of 98/100. The average disclosure score of Indian companies is 68.

This was revealed in the 2013 CDP India 200 Climate Change Reporttitled ‘Energy efficiency: Driving the climate change response in Indian high performing companies’. The report is co-written byCDP, formerly known as the Carbon Disclosure Project, and the Sustainability practice of the leading Management Consulting firm Accenture.  It provides authoritative evaluation of corporate progress on climate change in India. CDP is a not-for-profit organization working with investors, companies and governments to drive environmental disclosure and action to ensure a sustainable economy, preserve natural resources and avert hazardous climate changes.

This year over 5,000 companies from all over the world were asked to report on climate change through the Carbon Disclosure Project (CDP), which represents 722 institutional investors with US$87 trillion in assets. Companies are given scores on how well they manage internal data and how cognizant they are of climate change related issues affecting the company. This year, 55 Indian companies (27.5%) responded to CDP, compared to 53 in 2012.

As part of its sustainability charter, Wipro’s goals include an ambitious program of reducing the carbon footprint from its operations. The other environmental areas of active focus are water, waste and biodiversity. Wipro’s sustainability vision is to drive change through self-driven actions as well as through advocacy and partnership with civil society and government.

On this occasion, Anurag Behar, Chief Sustainability Officer, Wipro, said “We are pleased to be recognized as a leader yet again in CDLI (India). Climate change is one of the most pressing challenges of the 21st century and is only getting more so. Business, government and civil society must not only come together to address this issue but must forge something that is meaningful and actionable. At Wipro, we have a comprehensive sustainability program that addresses carbon reduction along with the issues of water and biodiversity. This is something that we will continue to drive and strengthen in the coming years.”