TCS earns a top-ranking Platinum Big Tick for corporate responsibility
London, April 22, 2013: Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions company, today, announced it has successfully earned Platinum Big Tick status in Business in the Community’s (BITC) 2013 Corporate Responsibility Index (CR Index). The award, the highest ranking within the index, represents TCS’ commitment to improving its corporate responsibility throughout its business operations.
The CR Index is the UK’s leading and most in-depth voluntary benchmark of corporate responsibility. Run by BITC for over a decade, the annual index enables companies to accurately manage and measure all aspects of their social and environmental performance, as well as benchmark themselves against competitors.
The Platinum Big Tick status is a new banding introduced for this year’s index and is designed to acknowledge companies that have displayed a clear, long-term business strategy and demonstrated the contributions their company can make to create transformational change and help create a sustainable economy. Achieving the award shows that TCS has considered how global trends such as population growth and resource scarcity will affect its future business strategy and that the company is actively embedding responsible values throughout its workforce, as well as investing in new products and services to improve its environmental and social status.
Shankar Narayanan, Country Head, UK and Ireland, TCS, commented, “We are proud to have been awarded a Platinum Big Tick by the BITC. At TCS, we work hard to ensure all our practices operate in a manner that both minimizes our impact on the environment and aides local communities in the areas we work. Achieving this status in this year’s CR Index confirms our company ethos is on the right track and we will continue making the necessary investment to tackle further global trends that may impact our business.”
Stephen Howard, Chief Executive, BITC, said, “I congratulate TCS for achieving the Platinum Big Tick band because it signifies a key step on the journey, a willingness to rise to the challenge and that they are part of a movement of responsible business in which all companies have their unique part to play. We look forward on working with, supporting, and challenging TCS to build on this achievement as we, together, drive the transformational change needed to deliver a sustainable economy.”
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 290,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 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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