LONDON, July 23, 2024 /PRNewswire/ -- Hexaware
Technologies, an IT services and solutions provider, today
announced that it has achieved a Silver rating from EcoVadis, a
platform for assessing and rating business sustainability.
Hexaware's score has increased to 70 points, placing it in the top
15% of companies globally for Environmental, Social, and Governance
(ESG) practices. Last year, Hexaware earned 50 points, receiving a
Bronze rating.
Since its inception in 2007, EcoVadis has grown into a global
provider of business sustainability ratings, establishing a network
of over 130,000 rated companies. They offer comprehensive insights
that enable businesses to reduce risks, enhance their
sustainability practices, and create positive impacts on society
and the environment.
The core of EcoVadis' ratings is their sustainability assessment
methodology, which evaluates how well companies integrate
sustainability and CSR principles into their operations. This
methodology is based on seven key principles, including expert
assessment, industry-specific customization, diverse source input,
technological integration for secure and efficient processes,
transparency, evidence-based scoring, and continuous improvement.
It aligns with international standards such as the Global Reporting
Initiative, the United Nations Global Compact, and ISO 26000,
covering more than 220 spend categories and 180 countries.
EcoVadis evaluates companies based on criteria in four areas:
Environment, Labor and Human Rights, Ethics, and Sustainable
Procurement. Hexaware's score improvement has been noted across
each of these parameters.
"Achieving a Silver rating with 70 points from EcoVadis is the
result of our collective efforts in advancing our ESG commitments,"
said Uma Thomas, Chief Risk Officer and Global Head – ESG,
Hexaware. "This increase reflects our efforts in improving
environmental responsibility, ethical standards, and sustainable
practices across the company."
Hexaware is now ranked in the 92nd percentile
globally for ESG practices.
About Hexaware Technologies
Hexaware is a global technology and business process services
company. Our 30,000+ Hexawarians wake up every day with a singular
purpose; to create smiles through great people and technology. With
this purpose gaining momentum, we are well on our way to realizing
our vision of being the most loved digital transformation partner
in the world. We also seek to protect the planet and build a better
tomorrow for our customers, employees, partners, investors, and the
communities in which we operate.
With 50 offices in 19 countries, we empower enterprises
worldwide to realize digital transformation at scale and speed by
partnering with them to build, transform, run, and optimize their
technology and business processes. Learn more about Hexaware at
https://www.hexaware.com.
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