Saturday, Jul 4 2020 | Time 08:57 Hrs(IST)
  • 5 killed, at least 3 injured in road crash in U S state North Carolina
  • Optimistic about India's first COVID-19 vaccine: Mah Health Minister
  • Death toll of Pakistan's train-van collision rises to 22
  • Global COVID-19 cases supass 11 mln: Johns Hopkins University
  • Canadian ethics commissioner begins investigation into Trudeau
  • Brazilian president vetoes law requiring use of masks in public spaces
  • Castex takes helm of Macron's new cabinet
  • COVID-19 cases surpass 1 5 mln in Brazil
  • US Texas starts face covering mandate amid soaring COVID-19 cases
  • US: Four killed in small plane crash in Utah mountain area
  • MP CM mourns Pak mishap
  • Delhi cop dies after being hit by speeding car near US Embassy
  • Assam COVID-19 tally rises to 9799
  • PM sanctions ex-gratia of Rs 2 lakh each for next of kin who died in Assam floods
Press Releases » Newsvoir


Tech Mahindra Recognized as Global Leader on Climate Change for Four Years in a Row

Tech Mahindra Recognized as Global Leader on Climate Change for Four Years in a Row


Tech Mahindra a leading provider of digital transformation consulting and business reengineering services and solutionsannounced today that it has been recognized as a global leader on climate change for four years in a row. Tech Mahindra is one of the only four Indian companies to secure a position in the Climate Disclosure Project (CDP) Global Supplier A List in 2019 for engaging with its suppliers on climate change.
















Tech Mahindra NSEZ campus







Tech Mahindra has been recognized for its actions and strategies to reduce emissions and manage climate risks in its supply chain in the past reporting year byClimate Disclosure Project (CDP) an international Non-Government Organization (NGO) that drives sustainable economies.







Sandeep Chandna Chief Sustainability Officer and Chief Customer Officer Tech Mahindra saidWith an eye on driving equitable business growth we at Tech Mahindra are committed to deliver innovative solutions without adversely affecting the environment. Being featured on the Global Supplier A List under the Carbon Disclosure Project among the four other Indian companies is indeed a testimony of our sustained efforts towards realizing the climate change goals. As part of our TechMNxt charter we have incorporated reduction of emissions as a key aspect to every function mandate and our overall business strategy.







Over 4800 companies in total were assessed by CDP and given a Supplier Engagement Rating based on answers toselected questions about governance targets scope 3 emissions and value chain engagementof their response to the CDP 2019 climate change questionnaire and their overall CDP climate change score. Tech Mahindra is among the top 3% of organizations assessed by CDP one of the 159 companies featured on the Leaderboard this year.







Dexter Galvin Director of Corporates and Supply Chains at CDPsaid Congratulations to all the companies on the CDP Supplier Engagement Leaderboard for this year. They are showing leadership on engaging their suppliers to manage climate risk and cut emissions. Given that supply chain emissions are on average 5.5 times as high as a company operational emissions this couldn;t be more crucial. If we are to achieve the goals of the Paris Agreement and decarbonize the economy then other companies learning from these leaders and engaging their suppliers is going to be vital.







The Supplier Engagement Leaderboard is availableon CDP website. It follows on from CDP most recent supply chain reportChanging the Chain which showed the vast potential for driving climate action at scale in the supply chain. The report found that major companies working with CDP have potential to cut a gigaton of emissions by driving their suppliers to increase their average proportion of renewable power by 20 percentage points. The full list of 159 companies to achieve a place on the CDP Supplier Engagement Leaderboard is available at:www.cdp.net/en/research/global-reports/changing-the-chain?#supplier-engagement.



Tech Mahindra has effectively integrated climate change in its Enterprise Risk Management Framework. This helped identify fuel and energy tax risk which were addressed by using low emissions energy solutions and adopting clean/green technologies. Since April 2015 Tech Mahindra has achieved nearly US$2.3 million cost savings by deploying solar power and leveraged cost savings worth nearly a quarter of a million dollars by installing energy-efficient equipment. Tech Mahindra has also saved 23.7 million units of grid electricity in 2018-19. In addition their Business Continuity Planning (BCP) exercise continually monitors risk assessment and mitigation measures which cover their key functions projects and systems.







Fullmethodology available here.







About CDP




CDP is aglobalnon-profit that drives companies and governments to reduce their greenhouse gas emissions safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$96 trillion we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 8400 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2019. This is in addition to the over 920 cities states and regions who disclosed making CDP platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition.




Visit: cdp.net/en or follow @CDP to find out more. 







About Tech Mahindra




Tech Mahindra represents the connected world offering innovative and customer-centric information technology experiences enabling Enterprises Associates and the Society to Risetrade;. We are a USD 4.9 billion company with 130800+ professionals across 90 countries helping 964 global customers including Fortune 500 companies. Our convergent digital design experiences innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).







We are part of the USD 21 billion Mahindra Group that employs more than 200000 people in over 100 countries. The Group operates in the key industries that drive economic growth enjoying a leadership position in tractors utility vehicles after-market information technology and vacation ownership.







Connect with us on:www.techmahindra.com.


More News
NR Group Launches Website goKoronago com for All Health Essential Products

NR Group Launches Website goKoronago com for All Health Essential Products

03 Jul 2020 | 10:28 AM

NR Group Launches Website goKoronago.com for All Health Essential Products

see more..
Mumbai can Celebrate Ganesh Chaturthi Safely During COVID-19

Mumbai can Celebrate Ganesh Chaturthi Safely During COVID-19

03 Jul 2020 | 7:47 AM

Mumbai can Celebrate Ganesh Chaturthi Safely During COVID-19

see more..
Big Bang Boom Roars with an Additional 11 Cr HNI Fund Raise

Big Bang Boom Roars with an Additional 11 Cr HNI Fund Raise

03 Jul 2020 | 8:31 AM

Big Bang Boom Roars with an Additional 11 Cr HNI Fund Raise

see more..

Big Bang Boom Roars with an Additional Rs 11 Cr HNI Fund Raise

03 Jul 2020 | 8:31 AM

Big Bang Boom Roars with an Additional Rs. 11 Cr HNI Fund Raise

see more..

IndiaFirst Life to Offer Exclusive COVID-19 and Hospital Cash Cover to Bank of Baroda Credit Cardholders

03 Jul 2020 | 7:41 AM

IndiaFirst Life to Offer Exclusive COVID-19 and Hospital Cash Cover to Bank of Baroda Credit Cardholders

see more..