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Infosys Wins UN Global Climate Action Award for 'Carbon Neutral Now' Category

Geschrieben am 26-09-2019

Recognized for its dedicated efforts towards climate change action

Bengaluru, India (ots/PRNewswire) - 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.

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/cli
mate-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

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

ots Originaltext: INFOSYS
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Original-Content von: INFOSYS, übermittelt durch news aktuell


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