TCS Recognized in the Global Dow Jones Sustainability Index (DJSI) for Fifth Consecutive Year
MUMBAI, October 5, 2017: Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, today announced that the 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 listed TCS in their annual Dow Jones Sustainability Index (DJSI) 2017 for the fifth consecutive year.
On the environmental dimension, TCS was placed in the 94th percentile. Overall, TCS was placed in the 85th percentile in the World Index, and its continued high placement reinforces the company’s position as a responsible corporate citizen.
TCS has adopted the ‘triple bottom-line’ approach, recognizing People, Planet and Profit as the primary pillars of corporate sustainability. TCS also has a robust Health, Safety and Environment program and is committed to building green and sustainable infrastructure that can lead to significant reduction of its carbon and ecological footprint.
Ajoy Mukherjee, Global Head and EVP of Human Resources, TCS said, “Sustainability is the cornerstone of business culture in TCS. The Dow Jones World Sustainability and RobecoSAM indices are a highly esteemed benchmark in the arena of sustainability and this recognition highlights our efforts to strengthen our relationship with the society at large.”
The Dow Jones Sustainability Index (DJSI) has become a reference point in sustainability investing. The RobecoSam Annual Sustainability Assessment evaluates business practices of the world’s largest companies. More than 3,900 listed companies across 60 industries participated in the assessment exercise. The DJSI annual review is based on a thorough analysis of corporate economic, environmental and social performance, and assesses issues such as corporate governance, risk management, branding, climate-change mitigation, supply-chain standards, and labor practices.
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™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 385,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $17.58 billion for year ended March 31, 2017 and is listed on the BSE Limited and National Stock Exchange of India Limited. For more information, visit us at www.tcs.com.
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