Wipro on 'Carbon Disclosure Leadership Index'

Bangalore: Wipro has been featured in Carbon Disclosure Project (CDP)’s ‘Carbon Disclosure Leadership Index’ for 2012.

The company scored 95 on 100 and is one of seven IT companies in the world to find a place in the listing. This index, a key component of CDP’s annual Global 500 report, highlights the constituent companies within the FTSE Global Equity Index Series (Global 500) which have displayed a strong approach to information disclosure regarding climate change.

Companies get points on their climate change disclosure and high scores indicate good internal data management and understanding of climate change related issues affecting the company. The index, compiled by PwC on behalf of CDP, provides a tool for institutional investors and other stakeholders.

In 2012 the index comprised 51 companies from the Global 500 based on analysis of the responses to CDP’s questionnaire which focused on greenhouse gas emissions, emission reduction targets and the risks and opportunities associated with climate change. Wipro's climate change programme addresses energy efficiency, renewable energy, travel and employee commuting and for this the company got kudos.

Anurag Behar, Chief Sustainability Officer, Wipro, said: “Climate change is as much a social issue as it is an ecological one, more so for a country like India with its unique set of challenges. Our commitment to carbon reduction is part of our larger engagement on sustainability issues — it is long-term by design and is integral to both, our vision of corporate citizenship and to our business strategy.”

Paul Simpson, Chief Executive Officer of CDP, said: “Companies that make the Carbon Disclosure Leadership Index have demonstrated strong internal data management practices for the measurement of greenhouse gas emissions and energy use. They also give consideration to the business issues related to climate change and their exposure to climate-related risks and opportunities.”