Wipro Selected as Dow Jones Sustainability World Index (DJSI) Member for the 12th Consecutive Year
Wipro (News - Alert) Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been selected as a member of the Dow Jones Sustainability World Index (DJSI) - 2021 for the twelfth year in succession. Wipro's unbroken track record is unique for the IT Services sector.
This year saw a record 3455 companies assessed from around the world, of which 322 made it to the DJSI (World) index for 2021-2022. The IT Services sector saw 91 companies participating globally of which nine have been selected in the World Index. Wipro is also part of DJSI (Emerging Markets), and is one of the only two companies from the IT services sector in India.
Launched in 1999, the S&P DJSI (World) is considered a global standard for corporate sustainability performance, and represents the top 10% of an industry/sector based on performance on a comprehensive range of Economic, Environmental, Social, and Governance (ESG) parameters.
Commenting on the achievement, Thierry Delaporte, CEO and Managing Director, Wipro Limited, said, "It is a source of great pride that the S&P DJSI recognizes Wipro's enduring commitment to sustainability, and especially as it represents a sector-record run of 12 years. Making the index is not just an achievement we aim for on an annual basis, however, but an absolute necessity if we are to help reach a carbon-free future, globally. We will strive to improve on every metric as we fight on against climate change, and to help make the world a better and more inclusive place."
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globlly for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
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, complete proposed corporate actions, 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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers' ability or willingness to purchase our offerings, delay prospective customers' purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. 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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