Page 56 - SAMENA Trends - November-December 2019

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Tech Mahindra Recognized for Sustainability in
2019

Tech Mahindra Ltd. a leading provider into all aspects of the business and not just a business case, but an imperative
of digital transformation, consulting, develops strategies for Environmental, for long term growth.” Tech Mahindra also
business reengineering and software Social and Governance (ESG) Governance. secured 94 percentile score, the highest
solutions announced its commitment to Tech Mahindra was acclaimed a Leader Gold CSR Rating - 2019 by EcoVadis for
sustainability to drive business profitability. in Dow Jones Sustainability World Index Sustainability. EcoVadis is a global trusted
The company has undertaken a thoughtful 2019 for the fifth consecutive year. It is one provider of business sustainability ratings,
and comprehensive program to reduce its of only three companies from India to be intelligence and collaborative performance
absolute scopes 1 and 2 GHG (Greenhouse included in the DJSI World Index, one of the improvement tools. Tech Mahindra has
Gas) emissions 22 per cent by 2030 and twelve Indian companies in the Emerging taken ambitious emission targets, which
50 per cent by 2050, from a 2016 base- markets category and amongst the top six have been approved by the SBTI (Science
year. Tech Mahindra aims to leverage companies globally in the IT services & based Targets Initiative). Some of the
technology enabled green solutions to Internet Software and Services segment. other sustainability initiatives include
tread on the path of responsible growth and S&P Dow Jones Indices (DJI) is the gold reducing water and energy consumption
is actively engaged in various smart cities standard for corporate sustainability and across buildings, waste reduction, using
projects to undertake a modernization the first global index to track sustainability renewable sources of energy for power
drive. CP Gurnani, managing director and efforts among corporates. Sandeep generation, achieving carbon neutrality,
chief executive officer, Tech Mahindra, Chandna, chief sustainability officer, Tech making supply chains sustainable, and
said, “Sustainability is a long-term issue Mahindra, said, “We, at Tech Mahindra, take employee and customer engagement.
that will require decades of persistence. great pride in driving measures that focus With a structured stakeholder program,
At Tech Mahindra, we are committed to on managing social and environmental Tech Mahindra has been able to design
pursue plans that will have long-term impacts, improving operational efficiency strategies and initiatives to build solutions,
impacts on the communities and will while ensuring that corporate decisions which not just improve its sustainability
lead to a balance between sustainability lead to an equitable growth. Our inclusion credentials but reinforce the overall
and overall business profitability”. As a in the DJSI World Index ranking for the business philosophy too.
responsible business entity, Tech Mahindra fifth consecutive year is a validation of our
concentrates on integrating sustainability continued efforts to make sustainability

Tech Mahindra and Business Finland Sign MoU for Research and Development
in 5G and 6G

Tech Mahindra, a leading provider of digital research and development in 5G and 6G. part of the collaboration, Tech Mahindra
transformation, consulting and business Tech Mahindra will set up an innovation lab will develop, pilot and implement state of
reengineering services and solutions, in Finland to foster growth and innovation. the art digital products and services to
has announced that it has signed a The MoU was signed today at Tech foster growth, productivity and innovations
Memorandum of Understanding (MoU) Mahindra Noida campus in the presence in the area of 5G and 6G. Tech Mahindra’s
with Business Finland, a government of Timo Harakka, Minister of Employment, innovation center will be a platform for key
agency directed by the Finnish Minister Finland and Jari Gustafsson, Permanent players in Finland such as universities,
of Employment and the Economy, for Secretary of Economic Affairs, Finland. As research institutes, government and

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