IT major Infosys has announced it has become the first company in India to certify its carbon neutrality against PAS 2060:2014, the highest standard for carbon-neutral certification worldwide.
In FY2020, Infosys’ total carbon footprint stood at 290,909 metric tonnes of CO2 equivalent (tCo2e), after accounting for energy efficiency measures and renewable energy usage. An equivalent volume from its carbon offset projects made its fiscal 2020 emissions net zero, according to its ‘Environmental, Social and Governance’ (ESG) Vision 2030 document.
In FY2020, over 44% of Infosys’ electricity consumption was met through renewable energy sources. The company has invested in installing 60 MW of solar PV capacity.
According to The Lawrence Berkeley National Laboratory, Infosys’ work campuses are among the most energy-efficient in the world. Since 2008, the company has reduced its per capita electricity consumption by over 55%.
Infosys has also successfully developed a portfolio of community-based carbon offset projects. These focus primarily on the socio-economic development of rural communities and contributions to the UN Sustainable Development Goals. The projects not only address climate change, but also benefit over 100,000 rural families.
NR Narayana Murthy, founder-Infosys, said, “Longevity and success for a company come from living in harmony with the context in which it operates. Right from the first day, Infosys has recognized and fulfilled its responsibilities towards overcoming the challenges in our context. It has also taken on new responsibilities like reducing carbon emission, improving air quality, optimally using water and solar power.”
The Indian multinational company, which made a voluntary commitment in the year 2011 to turn carbon neutral, is the first Indian signatory to the RE100 global campaign.
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