Wipro becomes a part of Nasdaq-100’s Global Sustainability Index

Posted on June 15, 2011 by


Wipro last week announced that it is now included in the US stock exchange Nasdaq-100 Global Sustainability Index. The inclusion is the for taking leadership role in disclosing the carbon footprint, energy usage and water consumption.

The Global Sustainability Index consists of companies are leaders in various aspects of sustainability and also disclose their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investing. The Global Sustainability Index serves as a benchmark for companies traded on a major US stock exchange on their sustainability performance.

The companies that are part of this index are those that voluntarily disclose their current environmental, social and governance (ESG) risks and the revenue opportunities and threats to their future performance.  This index is evaluated on a semi-annual basis in May and November. The rating allows stakeholders including investors, board members, employees, communities, government and regulators to view the strategic sustainability of various companies on the index.

Wipro also ranks first among Indian companies in the 2010 Asian Sustainability Rating (ASRTM), which analyzed publicly available information on 542 largest listed companies across 10 Asian countries.

 

Visit us at Agneya 

Advertisements
Posted in: Sustainability