Wipro Selected as Dow Jones Sustainability World Index (DJSI) Member for the 11th Consecutive Year
19 November 2020 - 11:16PM
Business Wire
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, today announced that it has been selected as a
member of the global Dow Jones Sustainability World Index (DJSI) –
2020 for the eleventh year in succession.
This year, 3429 companies were assessed from around the world,
of which 323 made it to the final DJSI (World) index for 2020-2021.
The IT Services sector saw 86 companies participating globally of
which ten have been selected in the World Index. Wipro is also part
of DJSI (Emerging Markets).
Launched in 1999, the S&P DJSI (World) is the leading global
standard for corporate sustainability and represents the top 10% of
an industry sector based on performance on a comprehensive range of
Economic, Environmental, Social, and Governance (ESG) parameters.
Inclusion in DJSI (World) index is based on a rigorous analysis of
a company’s sustainability performance on nearly 1000 data points
spread across 100 questions and three dimensions- Economic,
Environmental, and Social.
Commenting on the achievement, Thierry Delaporte, CEO and
Managing Director, Wipro Limited, said, “It is an honor to be
named to the Dow Jones Sustainability World Index in recognition of
our comprehensive sustainability approach. At Wipro, sustainability
is more than just programs. It is infused throughout our company
culture in how we make decisions and run our business. The DJSI
recognition underscores our commitment to having a positive social
and environmental impact.”
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
global information technology, consulting and business process
services company. We harness the power of cognitive computing,
hyper-automation, robotics, cloud, analytics and emerging
technologies to help our clients adapt to the digital world and
make them successful. A company recognized globally for its
comprehensive portfolio of services, strong commitment to
sustainability and good corporate citizenship, we have over 180,000
dedicated employees serving clients across six continents.
Together, we discover ideas and connect the dots to build a better
and a bold new future.
Forward-Looking Statements
The forward-looking statements contained herein represent
Wipro’s beliefs regarding future events, many of which are by their
nature, inherently uncertain and outside Wipro’s control. Such
statements include, but are not limited to, statements regarding
Wipro’s growth prospects, its future financial operating results,
and its plans, expectations and intentions. Wipro cautions readers
that the forward-looking statements contained herein are subject to
risks and uncertainties that could cause actual results to differ
materially from the results anticipated by such statements. Such
risks and uncertainties include, but are not limited to, risks and
uncertainties regarding fluctuations in our earnings, revenue and
profits, our ability to generate and manage growth, complete
proposed corporate actions, intense competition in IT services, our
ability to maintain our cost advantage, wage increases in India,
our ability to attract and retain highly skilled professionals,
time and cost overruns on fixed-price, fixed-time frame contracts,
client concentration, restrictions on immigration, our ability to
manage our international operations, reduced demand for technology
in our key focus areas, disruptions in telecommunication networks,
our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, the
success of the companies in which we make strategic investments,
withdrawal of fiscal governmental incentives, political
instability, war, legal restrictions on raising capital or
acquiring companies outside India, unauthorized use of our
intellectual property and general economic conditions affecting our
business and industry. The conditions caused by the COVID-19
pandemic could decrease technology spending, adversely affect
demand for our products, affect the rate of customer spending and
could adversely affect our customers’ ability or willingness to
purchase our offerings, delay prospective customers’ purchasing
decisions, adversely impact our ability to provide on-site
consulting services and our inability to deliver our customers or
delay the provisioning of our offerings, all of which could
adversely affect our future sales, operating results and overall
financial performance. Our operations may also be negatively
affected by a range of external factors related to the COVID-19
pandemic that are not within our control. Additional risks that
could affect our future operating results are more fully described
in our filings with the United States Securities and Exchange
Commission, including, but not limited to, Annual Reports on Form
20-F. These filings are available at www.sec.gov. We may, from time
to time, make additional written and oral forward-looking
statements, including statements contained in the company’s filings
with the Securities and Exchange Commission and our reports to
shareholders. We do not undertake to update any forward-looking
statement that may be made from time to time by us or on our
behalf.
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Purnima Burman Wipro Limited purnima.burman@wipro.com
Wipro (NYSE:WIT)
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