IndiaCSR News Network
BENGALURU: Infosys was the first IT Company in the world to publish its sustainability disclosures (2014) in accordance with Global Reporting Initiatives G4 (comprehensive) guidelines.
The integrated Sustainability Report showcases the maturity of sustainability management system and reporting practices at Infosys, and addresses the growing interest and heightened expectations of its global stakeholders.
The company has now unveiled the Infosys Sustainability Report 2014-15 as per the Global Reporting Initiative G4 guidelines. This report provides detailed information on Infosys’ responsible business practices across economic, social and environmental parameters.
At Infosys, sustainability is a non-negotiable imperative and the company has been at the forefront of the movement to plan action against climate change. The sustainability strategy forms the basis of running business responsibly and successfully.
The company’s sustainability agenda focuses on social, environment and economic dimensions and is based on the foundation of Infosys’ values known in short as C-LIFE: Client value, Leadership by example, Integrity and transparency, Fairness, and Excellence.
Focus on various areas such as renewable energy, waste management, water conservation, green building, CSR, employee volunteerism etc. has helped the company accomplish various milestones.
Key highlights of the sustainability report
• In fiscal 2015, two of the Infosys buildings in Bengaluru and Chennai were awarded the Leadership in Energy and Environmental Design (LEED) India Platinum rating. The company now has 12-LEED Platinum rated buildings and a total of about 3.8 million sq.ft of buildings having the highest level of green certification, as on March 31, 2015.
• At the end of fiscal 2015, Infosys reduced its per capita consumption of electricity by 46% and 30% of the company’s energy requirements are met through renewable sources. Infosys also became the first Indian company to join the RE100, a global platform for major companies committed to 100% renewable power. Furthermore, the company has lined up an investment outlay of US$ 65 million to explore carbon-offset projects in an attempt to meet this commitment by 2018.
• During fiscal 2015, 74.98 million units of green power was used which contributed to about 29.11% of the overall electricity requirements of the Infosys campuses in India. Infosys plans to meet 40% of its electricity requirements from renewable energy sources.
Company has also invested 15 MW in solar this year and aims to install 15 MW in 2015-16. Furthermore, 2,911 MWh of electricity was produced from solar PV systems at Infosys campuses. Infosys is also taking steps to reduce the water consumption and the company aims to reduce per capita freshwater consumption by 5% over fiscal 2015 levels by 2015-2016
• 68.75% of food waste on campuses in FY15 has been treated onsite through biogas plants/composting. Also,100% identified disposables across all food courts of campuses have been replaced with eco-friendly alternatives. If the food waste is more than 500 kg, a biogas plant is installed to treat the waste and convert it to biogas, which is in turn used in the food court kitchen for cooking
• It constantly supports the volunteering efforts of their employees thus leading to the formation of 8 employee volunteer groups in cities such as Thiruvananthapuram, Bhubaneswar, Bengaluru, Hyderabad, Mysore and Chennai.
Access the Complete Report here: Infosys Sustainability Report 2014-2015