| [September 18, 2012] |
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Wipro Recognized as the World Sector Leader in the Dow Jones Sustainability Index
BANGALORE, India --(Business Wire)--
Wipro (News - Alert) Ltd today announced that it has been included as a member of the
global Dow Jones Sustainability Index (DJSI) - 2012 for the third year
in succession. This year Wipro has been recognized as the Sector leader
for the 'Computer Services and Internet' sector.
Wipro is one among the 4 companies worldwide and the only one from India
in the Computer Services and Internet sector of the DJSI World 2012. A
total of 1544 companies were assessed from around the world of which 340
have been chosen as the DJSI constituents for the year 2012-13, the IT
Services sector saw 32 companies participating of which 4 have been
selected. The primary areas assessed were Climate Strategy, Operational
Eco-efficiency, Environmental reporting, Labor and Human Rights, Human
Capital Development, Talent Attraction & Retention, Risk & Crisis
Management, Corporate Citizenship, Digital Inclusion, Social Reporting,
Corporate Governance, Innovation, IT Security and Data Privacy,
Anti-Corruption, Innovation Management, Brand & CRM.
DJSI is a leading global indicator tracking the financial performance of
companies across all industries that outperform on Sustainability. The
selection was done on the basis of an exhaustive, rigorous evaluation of
Wipro's sustainability performance on several dimensions like ecological
sustainability, supplier standards, digital inclusion, corporate
governance, and innovation in sustainability.
Speaking about this achievement, Anurag Behar, Chief Sustainability
Officer, Wipro Limited, said, "Sustainability is integral to all that
Wipro does as an organization. We are very pleased that our continued
efforts have been recognized globally for the 3rd consecutive
time in DJSI. We view frameworks like the DJSI as valuable platforms for
benchmarking and holding ourselves up to scrutiny and thereby, as a
catalyst for a continuous improvement and innovation."
The DJSI follow a best-in-class approach, including cmpanies across all
industries that outperform their peers in numerous sustainability
metrics. Launched in 1999, the DJSI are the first global indexes
tracking the financial performance of the leading sustainability-driven
companies worldwide. Today, the index family has approximately USD 6
billion in assets under management in a variety of financial products
including mutual funds, separate accounts, structured products and
exchange-traded funds (ETFs). Approximately 55 products are based on the
indexes serving asset managers and banks in 15 countries.
About Wipro Limited (NYSE: WIT)
Wipro provides comprehensive IT solutions and services, including
systems integration, Information Systems outsourcing, IT enabled
services, package implementation, software application development and
maintenance, and research and development services to corporations
globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5
certified IT Services Company globally. Wipro also has a strong presence
in niche market segments of Infrastructure Engineering and Consumer
Products & Lighting. For more information, please visit our website at www.wipro.com.
Wipro's forward looking and cautionary 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, 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. 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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