Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions, has been recognized as a leader in sustainability by the S&P Dow Jones Sustainability Indices (DJSI) 2024. The company secured the top spot in India and second place globally in the “TSV IT services” segment, with an impressive score of 88, achieving the 100th percentile. This recognition underscores Tech Mahindra’s commitment to sustainability across its global operations.
The “TSV IT services” segment includes data processing and outsourced services, internet services and infrastructure, and IT consulting. Tech Mahindra’s inclusion in the DJSI World Index and DJSI Emerging Markets marks the company’s tenth consecutive year in these prestigious rankings. The DJSI World Index recognizes the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index (BMI) based on economic, environmental, and social sustainability criteria.
Sandeep Chandna, Chief Sustainability Officer at Tech Mahindra, stated, “In a rapidly evolving world, sustainability and resilience are essential. Tech Mahindra is proud to be part of the Dow Jones Sustainability Indices for the tenth year in a row. This achievement reflects our dedication to a sustainable future, focusing on environmental responsibility, social impact, and ethical practices.”
Tech Mahindra’s sustainability agenda includes ambitious goals such as reaching Net Zero by 2035, achieving Carbon Neutrality by 2030, and sourcing 90% of energy from renewable sources by 2030. The company is also committed to becoming water-positive by 2030 and ensuring Zero Waste to Landfill certification across all owned facilities. By implementing an internal carbon pricing mechanism, Tech Mahindra supports investments in renewable energy, green buildings, and energy-efficient technologies, reinforcing its leadership in global sustainability efforts.
Tech Mahindra offers comprehensive services in consulting, information technology, enterprise applications, business process services, engineering, network services, customer experience, AI, analytics, and cloud infrastructure. It is the first Indian company to receive the Sustainable Markets Initiative’s Terra Carta Seal, recognizing its leadership in creating a climate-positive future. Tech Mahindra is part of the Mahindra Group, a global federation of companies founded in 1945.
