Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has formed an Environmental Social and Governance Committee of the Board (ESG Committee) with effect from April 14, 2021. Independent Directors of the Infosys Board – Chitra Nayak and Uri Levine – have been appointed as members of the ESG Committee, with Kiran Mazumdar-Shaw, Lead Independent Director of the Infosys Board appointed as Chair of the ESG Committee. The ESG Committee will meet periodically and guide the Board in discharging its oversight responsibility on matters related to organization-wide ESG initiatives, priorities, and leading ESG practices.
“We are pleased to institute this new committee of our Board focused on accelerating the integration of ESG factors into everything that we do as a business. As a progressive company balancing financial return to investors with unwavering focus on being sustainable and socially responsible, this initiative will help us nurture a well-governed model to realize the many aspirations on our ESG roadmap”, said Kiran Mazumdar-Shaw, Lead Independent Director of the Infosys Board and Chair of the ESG Committee.
Infosys is fully committed to delivering on its corporate social responsibility with diligence and realizing its aspirations to create sustainable opportunities for people, businesses and communities that it works with. The company reiterated its continued emphasis on furthering Environment, Social and Governance causes, by announcing its ESG Vision 2030 in 2020. This is part of Infosys’ long-standing commitments focused across core areas: climate change, technology for good, diversity and inclusion, energizing local communities, ethics and transparency, data privacy and information management. The past year also saw Infosys turn carbon neutral 30 years ahead of 2050, the timeline set by the Paris Agreement.