Wipro Limited has been ranked in second place overall in The Financial Times’ “Climate Leaders Asia-Pacific 2023” list. The company was also ranked #1 under the ‘Business & Professional Services’ sector.
The recognition underscores Wipro’s commitment to reducing its carbon impacts and its ongoing efforts to increase transparency in its reporting.
“We are happy to be recognised by The Financial Times and Statista, based on a careful assessment. Our Net Zero goals are backed by rigorous planning, investment, execution and reporting. Transparent disclosures catalyze collaboration and collective action which are critical to progress on climate change. We will continue to strengthen the momentum of our climate change and environmental stewardship,” said P.S. Narayan, Global Head of Sustainability and Social Initiatives at Wipro Limited.
Wipro has committed to achieving Net-Zero GHG emissions by 2040 and is part of leading industry networks working on the subject like Transform to Net Zero, WEF, the Carbon Call and Open Footprint.
Wipro’s ecological sustainability programs comprise multiple themes like Energy, Water, Waste Management, Campus Biodiversity and Urban Resilience. These were identified through continuous assessment of environmental impacts arising from the business and supply chain operations.
According to the findings of The Financial Times Asia-Pacific Climate Leaders survey, conducted in partnership with data provider Statista, Wipro reduced core emissions by 67.6 percent between 2016-2021 and received the second highest overall score in the ranking.
The Financial Times Asia-Pacific Climate Leaders survey is a ranking of companies across the Asia-Pacific region that achieved the greatest reduction in their core emissions intensity between 2016 and 2021 and made further climate-related commitments, such as collaboration with CDP (formerly Climate Disclosure Project) and SBTi2 (Science Based Targets initiative), which assesses emissions reduction plans, and transparency on Scope 3 emissions).
Asia-Pacific companies headquartered in one of 14 countries and regions (Australia, Hong Kong, India, Indonesia, Japan, Macao, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam) with a minimum revenue of $50 million in 2021 were eligible for consideration.
