NEW DELHI: S&P Dow Jones Indices (S&P DJI), one of the world’s leading index providers, and RobecoSAM, an investment specialist focused exclusively on Sustainability Investing (SI), have announced that Tech Mahindra Ltd. has been included in the Dow Jones Sustainability Indices (DJSI) for the 3rd year in a row.
The company is said to be one amongst the only 4 Indian companies to make it to the DJSI World Index and included as one of the 11 Indian companies in the DJSI Emerging Markets category, retained its position in the Dow Jones Sustainability Index under both the categories.
DJSI World represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM’s analysis of financially material Environmental, Social, and Governance (ESG) factors and S&P DJI’s robust index methodology. Every year, RobecoSAM assesses the world’s largest companies via its Corporate Sustainability Assessment (CSA), which uses a consistent, rules-based methodology to convert an average of 600 data points per company into one overall score.
Commenting on this, Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra said, “At Tech Mahindra we have been consciously implementing sustainable solutions in all aspects of our organizations’ work through innovation, pro-active employee policies and minimizing negative climate impacts. This inclusion in one of the biggest sustainability review platforms and encourages us to be even more committed to the cause of a sustainable future.”
The DJSI ranking is a validation of Tech Mahindra’s focus towards driving its 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 its customers achieve their sustainability goals; investments in associate engagement which has helped towards associate well-being and creating a better talent pool. Tech Mahindra Foundation has carried out social initiatives reaching over a 400,000 direct and indirect beneficiaries in space of education and employability.