HCLTech Included In S&P Global Sustainability Yearbook For Second Year In A Row
HCL Technologies secures its place in the S&P Global Sustainability Yearbook 2024 for the second year, showcasing its steadfast commitment to sustainable business practices and technological solutions
HCL Technologies, a prominent global technology firm, has secured its place in the prestigious S&P Global Sustainability Yearbook 2024 for the second consecutive year. The company’s inclusion in this esteemed publication highlights its steadfast dedication to conducting business sustainably and aiding clients in advancing their sustainability objectives through technological solutions.
S&P Global’s exhaustive evaluation encompassed 9,400 companies spanning 62 industries worldwide, ultimately selecting 759 companies for the 2024 Sustainability Yearbook, with HCL Technologies among them.
Santhosh Jayaram, Global Head of Sustainability at HCL Technologies, remarked, “This recognition reaffirms our ongoing commitment to integrate sustainability into the fabric of our operations. Guided by our ESG strategy focusing on act, pact, and impact, we aim to deliver significant contributions to communities and the environment.”
HCL Technologies has set ambitious targets to curb greenhouse gas emissions and align with the 1.5°C trajectory by 2030, aiming for net-zero emissions by 2040. Additionally, the company is striving to transition 80% of its electricity usage to renewable sources by 2030.
In the fiscal year 2023, HCL Technologies replenished water resources at a rate 26 times greater than its consumption in India. Notably, it stands as the first India-based company to join the Water Resilience Coalition and endorse the CEO Water Mandate.
Beyond India, HCL Technologies is making a meaningful impact on communities through grants, partnerships, and employee volunteerism. Through initiatives like HCL Grant Americas, the company has committed $5 million over five years to NGOs combatting climate change and fostering ecosystem restoration and biodiversity.
Furthermore, HCL Foundation’s programs have positively impacted 5.5 million lives in India, with over half being women, and supported 12,000 individuals with disabilities.