One Amongst the Top 3 Indian companies and ranked among the Top 20 Sustainable Asian Companies
Hyderabad – October 12, 2016: Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, has been ranked as one of the Top 3 companies in India and one of the Top 20 companies in Asia in the Channel NewsAsia Sustainability Ranking for Asia’s top businesses which was announced recently at the CSR Asia Summit in Hong Kong.
The ranking is a joint initiative between Channel NewsAsia, a prominent Asian TV news channel, Sustainalytics, an independent ESG and corporate governance research, ratings and analysis firm, and CSR Asia, a leading provider of advisory, research and training services on sustainable business practices in Asia. The index lists 100 companies, across 11 key Asian economies, with the highest sustainability performance and highlights the Top 20 companies and the Top 3 companies per economic entity. Territories covered include China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand.
The current results corroborates Tech Mahindra’s strategy towards driving our sustainability agenda where the company has taken specific measures such as investments in renewable energy and water reusability projects; focused investments in innovative solutions in green sustainability solutions sphere such as SMART-Cities concept, Micro Grid which helps our customers achieve their sustainability goals; investments in associate engagement which has helped us towards associate well-being and creating a better talent pool.
Mr Sandeep Chandna, Chief Sustainability Officer at Tech Mahindra said “We are happy to be ranked among the best companies in India and Asia for our Sustainability practices which are increasingly becoming part of all our business strategies and plans. We are committed towards improving ourselves across environmental, social and governance parameters, to strengthen our systems and drive sustainability rigorously.”
Globally, sustainability issues have become a priority for investors, consumers and companies alike. From environmental management, to supply chain management, to transparent governance - stakeholders are looking at the impact of these issues on their businesses. Many of the world’s leading organisations have already embedded sustainability principles into their business models, while others are still working on their sustainability initiatives. The Channel NewsAsia Sustainability Ranking provides businesses and their stakeholders a measure to benchmark their performance against other regional businesses.
Tech Mahindra has been in the forefront of Sustainability and this year it was selected as one of the only 3 Indian companies to have entered the 2016 Dow Jones Sustainability Index (DJSI) World rankings and by being one of the 10 Indian companies ranked in the DJSI emerging markets.
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Certain statements in this release concerning the future prospects of Tech Mahindra Limited (“the Company” or “TechM”) are forward-looking statements. These statements by their nature involve risks and uncertainties that could cause the Company’s actual results differ materially from such forward looking statements. The Company, from time to time, makes written and oral forward-looking statements based on information available with the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company