Infosys to spend about Rs 400 crore over next 4 years to achieve carbon-neutrality

19 May 2015 Evaluate

In an effort to deepen its commitment to sustainability, Infosys will be spending about Rs 400 crore over the next four years to achieve carbon-neutrality on commuting and travel by its nearly 1.8 lakh employees.

The Bengaluru-based company will have to offset 3.74 lakh tonne of carbon dioxide attributed to employees' travel and will spend Rs 70 crore this year on initiatives such as installing solar projects for rural electrification, biogas plants and distribution of smokeless cook-stoves in villages, besides afforestation. Company’s such programmes are in sync with the guidelines issued by various international agencies, including the United Nations.

A day prior, the company also unveiled its plan of joining RE100, an elite club of global corporations such as GE, SAP, Nestle and BT with a commitment to go fully green. The software firm is now aiming to offset socalled Scope 3 emissions that are indirectly attributable to it and these arise from employee commute and travel.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.

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