TCS Recognized as a Leader in Climate Change Efforts by CDP

Amit Singh / On 2017-10-31 06:09:54

Report Recognizes Tata Consultancy Services for having meaningful targets, emissions reduction activities, verified and assured emissions data.

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been accorded a Leadership level score among the 2,418 companies that reported to CDP’s Climate Change program in 2017.

The high score recognizes TCS’ leadership in carbon management as part of its long-standing commitment to environmental stewardship and continual efforts to reduce greenhouse gas emissions and shrink the organization’s environmental footprint by driving greater efficiency in resource consumption and adopting renewable sources of energy.

Towards greater energy efficiency, TCS has been investing in green infrastructure, with all its new buildings designed to green building standards for energy and resource efficiency. Of the total TCS-owned real estate, 78% is IGBC/LEED certified.

Further, the company has been an advocate of green IT, promoting energy-efficient design of data centers, procurement of energy-efficient assets, operational energy management, and eco-friendly disposal of end-of-life IT equipment.

TCS has also brought to bear its technological prowess and intellectual property to drive greater energy efficiency for itself and its customers. TCS’ cloud-based platform for remote energy-management-as-a-service is deployed across 150 of its facilities in India, housing 280,000 employees. It uses TCS’ own IoT platform, machine learning and predictive analytics to monitor energy consumption on a real time basis, detect anomalies and identify ways to reduce consumption. Using this, TCS saved 26.6 million kwh of power in FY 2017, and kept electricity spend flat year on year across the connected facilities, despite a 15% increase in seating capacity.

Such focused initiatives and the growing adoption of renewable energy sources have delivered significant outcomes. At the end of FY 2017, TCS’ specific carbon footprint and specific energy consumption had reduced by 49% compared to levels in baseline year 2007-08, translating into an avoidance of 1.82 million metric tonnes of carbon emissions since then.

“TCS is committed to the path of low carbon growth, by decoupling business growth from its carbon footprint. Our adoption of green buildings, green IT, green procurement and the use of Digital technologies to optimize energy consumption presents a holistic, technology-led roadmap to all companies seeking to reduce their carbon footprint,” said Ajoy Mukherjee, EVP and Head, Global Human Resources.

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