LONDON | MUMBAI, December 12, 2018 – Tata Consultancy Services
(TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting, and
business solutions organization, has been awarded the Gold rating in the
EcoVadis 2018 CSR Assessment. The company’s initiatives in Corporate
Social Responsibility (CSR) received the Gold rating for the fifth
consecutive year.
In the 2018 EcoVadis rating and scorecard, TCS
outperformed its peers across all four key areas of measurement:
environment, labour and human rights, ethics, and sustainable
procurement, scoring in the top 2% of all IT companies surveyed. In
environment, TCS scored in the top 1% of the IT companies surveyed.
“We
are proud of our long-term commitment to corporate social
responsibility. Whether it’s reducing our specific carbon footprint by
over 50% in the last 10 years, sponsoring wellness initiatives for
employees and in communities, bridging the digital divide with our STEM
education initiatives, or spreading adult literacy, we are investing
significant time and resources in running a responsible business,” said Ajoy Mukherjee, Executive Vice President and Head, Global Human Resources, TCS. “We
are honoured to receive this recognition by EcoVadis yet again. This
assessment is a testament to our efforts to give back to the wider
community.”
“EcoVadis’ CSR assessment methodology looks at 21 sustainability criteria across four themes,” said David McClintock, Marketing Director, EcoVadis. “Receiving
our Gold recognition for just one year is an achievement: TCS’
five-year streak of recognition is a remarkable demonstration of their
commitment and status as an industry leader when it comes to CSR.”
TCS
has had a tradition of enabling social good, through structured CSR
programmes and volunteering in the areas of education and skilling,
health and wellness, and environment. TCS is working towards reducing
the inequities caused by the digital skill divide in many parts of the
world, and towards building future generations of digitally savvy
individuals. Its flagship programs in North America, UK, and Europe,
focus on encouraging school students to pursue higher education and
careers in STEM areas.
Other programs, particularly in India,
target improving functional literacy, and boosting employability and
entrepreneurial skills of women and minorities who are underrepresented
in the workforce. In addition, TCS encourages its employees to invest
time in volunteering efforts. In FY 2018, TCSers volunteered over
570,000 hours for worthy social and environmental causes in their
respective communities.
TCS’ values-driven culture and the high
levels of trust engendered with key stakeholder groups have resulted in
several other high profile recognitions from the different
constituencies this year, which marks the completion of 50 years since
the company was founded. TCS was named America’s Most Community-Minded
Information Technology Company in the 2018 Civic 50 by Points of Light,
and also awarded the Social Responsibility Award at the North American
Employee Engagement Awards for the third year in a row. In the 2018
All-Asia Executive Team survey published by Institutional Investor, TCS
was ranked by Asian investors at first place for Best Corporate
Governance and in several other categories among all listed companies in
the IT Services & Software sector across the region. TCS is also
part of the Dow Jones Sustainability World Index, MSCI Global
Sustainability Index, and the FTSE4Good Emerging Index.
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