MUMBAI, India, Sept. 25, 2012 /PRNewswire/ -- Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, business solutions and outsourcing firm released its sixth Corporate Sustainability Report under the Global Reporting Initiative (GRI) 3.1 framework. The report highlights TCS' perspective on sustainability including corporate governance, human resources, corporate social responsibility, health, safety and environment management including the activities of its Eco-Sustainability Business Unit during the financial year April 2011-March 2012.
The TCS Sustainability report has been externally assured by KPMG Advisory Services and has received an A+ rating check for having reported on a maximum number of parameters. This rating check has been further validated by the GRI. The Global Reporting Initiative (GRI) framework serves as a generally accepted framework for reporting on an organization's economic, environmental, and social performance. It is designed for use by organizations of any size, sector, or location.
Creating conditions for sustainable growth and building awareness about the need for sustainability among its base of over 240,000 employees globally are key ongoing initiatives across TCS.
"Our annual Sustainability Report is a good indicator on the progress we have made on the various goals we have set across the organization. We continue to drive various environmental and other community initiatives that aim to promote sustainable practices across the organization and our stakeholders," said Ajoy Mukherjee, Executive Vice President, Head Global HR and Corporate Sustainability at TCS.
Some of the key highlights of the report are:
- Achieved 28% decrease in consumption of electricity in terms of kilowatts per person*
- Achieved 31% reduction in per person carbon footprint (Scope 2)*
- Achieved 13% reduction in per person fresh water consumption*
- Achieved 72 % decrease in paper consumption*
- Over 58,362 person hours was spent on volunteering effort in CSR activities
- About 57,90,604 beneficiaries were reached
- Over 11,141 persons were made literate in FY 2012 out of a total of over 200,000 through TCS Computer based Functional Literacy program
- As many as 20,800 farmers were covered through mKRISHI in 8 states of India
(*Reductions given are over the baseline year 2007-08)
The TCS Sustainability report 2011-12 focuses on TCS' global operations, and on significant economic, environmental and social factors that impact the way TCS does business, including its relationships with key stakeholders. The Sustainability Reporting Guidelines of GRI are used to illustrate TCS' progress and performance in Corporate Sustainability activities. The complete report is available on www.tcs.com.
The report can be downloaded at:
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata Group, India's largest industrial conglomerate, TCS has over 243,000 of the world's best trained consultants in 42 countries. The Company generated consolidated revenues of US $ 10.2 billion for year ended 31 March, 2012 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com
SOURCE Tata Consultancy Services