Sydney | Mumbai, April 28, 2016: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, was named Platinum winner in the 'Empowerment of Women Award' category at the Global CSR Conference and Awards, recently held in Bali, Indonesia.
The Global CSR Summit & Awards raises awareness of corporate social responsibility (CSR) as a core strategic corporate function. It honors outstanding individuals and companies around the world for their contributions in seven areas of focus on environment preservation, community transformation and poverty alleviation, women’s rights and welfare, workplace practices and product innovations. Out of 200 entries received worldwide, a final selection of 42 companies were honored in seven award categories.
TCS prevailed in the 'Empowerment of Woman' category, and was named the Platinum awardee in a category that also included Bank Indonesia (Gold), Mastercard Asia Pacific (Gold), Qualcomm Wireless Reach (Silver) and PT Omron Manufacturing of Indonesia (Bronze).
Melvin Chan, Founder of The Global CSR Summit & Awards commented, “This category was strongly contested. While the other contenders scored high in some areas, the overall highest average score went to TCS where they were excellent in showing the close integration of their gender equality policy with their business practices. The success of TCS' culture of inclusiveness and diversity is clearly evident in the strong contribution of their large women workforce towards their bottom lines."
TCS won the 'Empowerment of Woman' award specifically for its 'TCS Go4IT' program in Australia. TCS Go4IT is designed to overcome the shortage of women, in Australia, who pursue careers in science, technology, engineering and mathematics (STEM) and to inspire interest for young women to pursue careers in the ICT sector (recent data shows 75% of the fastest growing roles in Australia require STEM backgrounds, and that women occupy 20% of roles in ICT, compared to 45% in all occupations nationwide). TCS Go4IT is assisting to alleviate this national concern, providing an intensive work experience program available for young women. By the end of 2016, over 250 young women from over 75 schools in Australia will have competed the TCS Go4IT program. Key outcomes of the program thus so far include: increased interest of students to study technology at high school and university; increased interest in exploring a career in technology; changed perceptions of gender in technology; and increased confidence and employability skills. Click here to read more about TCS Go4IT
Girish Ramachandran, President, TCS, Asia Pacific, added, “TCS is committed to creating opportunities for women in technology and dismantling gender stereotypes that exist in the industry. As one award-winning example, we are very proud of TCS Go4IT program in Australia. It is successfully offering opportunities for young women to become passionate about careers in technology, helping to inspire a new horizon of national innovation and leadership in an exciting, dynamic and highly-in-demand profession.”
The 'Empowerment of Women' award is the latest recognition for TCS, a company on a global drive to make gender equality a core tenet of its operating model. TCS is committed to enabling women to fulfill their professional ambitions across all areas of its organization, while championing everyday equality in the workplace. On April 20, 2016, TCS was named as one of The Times Top 50 Employers for Women in the UK.
TCS employs over 100,000 women globally, a third of its total workforce. TCS also invests in training to help women at all levels excel in their roles, including one-to-one coaching when they take up senior roles, a 'Rising Stars Program' for women with three-to-five years’ of experience, and the 'Pathways to Success' workshop, a leadership programme for women with five-to-eight years’ experience. TCS has had a formal 'Diversity & Inclusion' corporate function since 2010, designed to provide strategic guidance and support for diversity programmes across the globe. This initiative is led by senior managers who act as role models and help to demonstrate the positive impact that diverse teams and recruitment can have on the business, with a focus on gender equality.
About Global CSR Summit and Awards
The Global CSR Summit & Awards 2016 was started 8 years ago. The event has grown from strength to strength and attracted a strong following of over 200 global and regional companies globally that participated or followed the event. The Global CSR Summit & Awards has become known as a global brand known for raising cutting edge ideas and topics in matters of societal transformation, product innovations that change the world and controversial topics that aim to inspire bold ideas to drive large scale changes and improvements to the environment, people and the planet. This year, the organisers have incorporated a new dimension into the Global CSR Summit by co-locating a new event, The Global Good Governance Award.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS,infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognised as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 353,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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