Potential offtaker

Infosys

www.infosys.com

Estimated electricity consumption

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Countries of production presence

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Infosys is a leading Indian multinational corporation that provides information technology services to clients across the globe. Founded in 1981, the company has grown to become a major player in the IT services industry, with a strong focus on innovation, sustainability, and social responsibility. Infosys operates in the IT Services - Commercial sector, offering a range of services including consulting, application development, and maintenance, infrastructure management, and business process outsourcing.

In recent years, Infosys has been actively pursuing decarbonisation and renewable energy initiatives, in line with its commitment to sustainability and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions, with a goal of achieving carbon neutrality by 2040. To achieve this, Infosys has implemented a range of measures to reduce energy consumption, increase efficiency, and shift towards renewable energy sources.

One of the key initiatives that Infosys has undertaken to reduce its carbon footprint is the implementation of corporate energy programs. These programs aim to optimize energy usage across the company's facilities, by using advanced technologies and data analytics to identify areas of inefficiency and reduce energy consumption. Infosys has also implemented a range of energy-saving measures, such as LED lighting, efficient HVAC systems, and smart building management systems, to reduce energy consumption and improve operational efficiency.

Another important aspect of Infosys' decarbonisation efforts is the use of corporate power purchase agreements (PPAs) for renewable energy. PPAs enable companies to purchase renewable energy directly from generators, often at a lower cost than traditional fossil fuel-based energy sources. Infosys has signed several PPAs for wind and solar energy, which have helped the company to reduce its carbon footprint and achieve its sustainability goals.

Infosys has also invested in renewable energy projects, both in India and abroad. The company has set up solar power plants at several of its facilities in India, which generate a significant portion of the company's energy requirements. Infosys has also invested in wind and solar projects in the US, which generate renewable energy for the local grid and help to reduce the company's carbon footprint.

In addition to its decarbonisation and renewable energy initiatives, Infosys has also been recognized for its sustainability and social responsibility efforts. The company has been included in the Dow Jones Sustainability Index (DJSI) for several years, which recognizes companies that demonstrate leadership in sustainability and social responsibility. Infosys has also been recognized for its efforts to promote gender equality and diversity in the workplace, and has implemented several programs to support education and community development in India.

Overall, Infosys is a company that is committed to sustainability, decarbonisation, and renewable energy. The company's efforts to reduce its carbon footprint and shift towards renewable energy sources are commendable, and demonstrate its leadership in the IT services industry. As the world continues to grapple with the challenges of climate change, companies like Infosys will play a critical role in driving the transition towards a more sustainable and low-carbon future.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment