Page 68 - SAMENA Trends - September 2019

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

sustainability efforts among corporates. achieve deeper insights into companies’ while ensuring that corporate decisions
RobecoSAM which specializes in providing sustainability practices. Sandeep lead to an equitable growth. Our inclusion
Environmental, Social, and Governance Chandna, Chief Sustainability Officer, Tech in the DJSI World Index ranking for the
(ESG) data, is an investment specialist Mahindra, said, “We, at Tech Mahindra, take fifth consecutive year is a validation of our
focused exclusively on Sustainability great pride in driving measures that focus continued efforts to make sustainability
Investing (SI) and the development of on managing social and environmental not just a business case, but an imperative
leading ESG assessment criteria to impacts, improving operational efficiency for long term growth.” Tech Mahindra
has taken ambitious emission targets,
which have been approved by the SBTI
(Science based Targets Initiative) and is
actively engaged in various smart city
projects. Some of the other sustainability
initiatives include reducing water and
energy consumption across buildings,
waste reduction, using renewable sources
of energy for power generation, achieving
carbon neutrality, making supply chains
sustainable, and employee and customer
engagement. Tech Mahindra has also
undertaken a comprehensive program to
reduce its absolute scopes 1 and 2 GHG
(Greenhouse Gas) emissions 22% by 2030
and 50% by 2050, from a 2016 base-year.

Tech Mahindra, University of California Santa Cruz Silicon Valley Extension
and Intel Capital Collaborate to Drive Artificial Intelligence Led Innovation

Tech Mahindra Ltd., a leading provider Development & Strategy, Tech Mahindra, intelligence, autonomous mobility
of digital transformation, consulting and said, “The CIO Artificial Intelligence and a wide range of other disruptive
business reengineering services and (AI) roundtable is designed specifically technologies. Trina Van Pelt, Vice President
solutions, announced a partnership with for executives, business leaders, and & Intel Capital Senior Managing Director,
the University of California Santa Cruz strategists to provide concise executive said, “Artificial Intelligence is one of the
Silicon Valley Extension and Intel Capital, briefings on the most promising and biggest disruptions not only as technology,
Intel’s strategic investment organization, important developments in AI for business. but also in driving societal benefits. Over
to drive innovation leveraging Artificial Our collaboration with the University of the next few years, we predict enterprises
Intelligence. As part of the partnership, they California Santa Cruz and Intel Capital will substantially accelerate adoption
will be hosting a ‘CIO Artificial Intelligence will offer in-depth conversations on the of AI across a wide range of use cases
(AI) roundtable’ every quarter, inviting CIOs latest AI technologies and use cases that that benefit business and society in a
and industry experts to discuss the latest can benefit enterprises globally.” Bipin pragmatic way. Intel Capital is pleased
AI applications and developments. The Thomas, AI Chair at UCSC Silicon Valley to collaborate with Tech Mahindra and
first panel is scheduled for September 26th, Extension, said, “Advances in AI and UCSC to showcase some of the disruptive
2019, in Los Angeles, California. One of the Knowledge discovery are accelerating technologies in our portfolio that can
key features of the CIO AI roundtable is that at a very fast pace. We are delighted to help CIOs foster innovation.” As part of
each discussion will center on the groups collaborate with Tech Mahindra on the the TechMNxt charter, Tech Mahindra is
specific AI interests, including disruption, CIO AI roundtable to bring workforce skills focused on building an ecosystem that
adoption, and new developments in AI. In tailored for breakthrough AI solutions supports collaboration in the real sense.
addition, Tech Mahindra will also invite to the industry and emerging intelligent As a step in this direction, Tech Mahindra
partners outside of the technology and ecosystems.” Tech Mahindra and Intel has collaborated with some of the finest
digital industries, including academia Capital have collaborated on other AI startups, working with academia, drawing
and analysts, to participate in these summits as well. Since 1991, Intel Capital from the millennial workforce, and
panel discussions. Rahul Bhuman, has invested more than $12.6 billion in jointly creating cutting-edge technology
Head of Artificial Intelligence, Business innovative startups targeting artificial solutions with partners.

68 SEPTEMBER 2019