Genpact, a global professional services firm focused on delivering outcomes that transform businesses, has been named by Frost & Sullivan as a “Sustainable Corporate of the Year” in the services vertical for the second consecutive year.
Additionally, five Genpact sites across India including Gurugram, Noida, Jaipur, Hyderabad, and Bangalore received individual leadership recognition for establishing and implementing sustainable practices, including the use of renewable energy and green building initiatives.
This award is a testament to Genpact’s ability to fuse its expertise and collaborative innovation to elevate its global sustainability program and green IT solutions. These value-driven outcomes include server virtualization, data center consolidation, and cloud-based solutions to reduce energy consumption. Last year, the company dedicated a significant investment to advanced analytics and AI to track and report overall carbon footprints and create data-driven solutions to improve outcomes.
“Genpact’s AI-first approach is paramount in effectively supporting sustainability goals that drive meaningful decisions, measure progress, and demonstrate tangible global impact,” said, Vidya Srinivasan, Global Infrastructure, Risk and Logistics Leader, Genpact. “Being named as a second-consecutive recipient solidifies our ongoing pursuit of creating a more resilient world by leveraging data and AI as key transformation levers to build sustainable communities worldwide.”
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The 14th edition of the Sustainability 4.0 Awards showcases world-class examples of embedding sustainable practices, rooted in stakeholder value creation, building safer environments, and ensuring a stronger sense of community. Participating businesses were evaluated on four key pillars of sustainability: Purpose, Partnership, Planet, and People.
“Congratulations to Genpact and all the winners for setting a pioneering example by seamlessly integrating their Digitalization initiatives with Sustainability strategies,” said Rahul Sharma, VP & Global Head, Digital Transformation & Sustainability, Frost & Sullivan. “Frost & Sullivan’s Sustainability 4.0 Awards establish a global framework for evaluating and recognizing companies that embody the triple bottom line and circular economy concepts. This recognition empowers businesses to discover innovative pathways for sustainable growth, ensuring enduring stakeholder value.”
As of 2022, Genpact has lowered Scope 1 and 2 emissions (tCO2e) by 36% globally, and its water and energy consumption declined 23%, compared to 2017. During the fourth quarter, 2023, Genpact commenced the validation of its near-term targets for Net Zero by SBTi, which is expected to be completed in early 2024.
SOURCE: PRNewswire