Business Responsibility and Sustainability Report 2022-23

Overview

• Infosys prioritizes sustainability at the core of its business strategy.
• Early adopter of ESG (Environmental, Social, and Governance) factors into operations.
• Published Business Responsibility and Sustainability Report (BRSR) for 2023.
• BRSR follows NGRBC principles and SEBI regulations.

Section A: General Disclosure

Company Details

• CIN: L85110KA1981PLC013115
• Name: Infosys Limited
• Incorporation: July 02, 1981
• Registered Office: Electronics City, Bengaluru, India
• Email: [email protected]
• Website: www.infosys.com
• Stock Listings: BSE, NSE, NYSE

Business Activities

• Main activity: Software application development and maintenance, IT consulting.
• Turnover: 93.7% from these activities.

Operations

• Locations: 274 national, 218 international.
• Markets served: 12 states in India, 82 countries internationally.
• Export contribution: 97.2% of total turnover.

Section B: Management and Process Disclosures

Performance and Policy

• Commitment to all NGRBC principles.
• Policies translated into procedures and extended to value chain partners.
• Adherence to multiple international standards (ISO, GRI, UN SDGs, etc.).

ESG Governance

• ESG Committee of the Board oversees business responsibility.
• ESG Vision 2030 focuses on sustainability, governance, and social responsibility.

Section C: Principle-wise Performance Disclosure

Principle 1: Ethical, Transparent, and Accountable Governance

• 100% coverage by training programs for all levels of employees.
• No cases of bribery or corruption reported.

Principle 2: Sustainable and Safe Products

• Sustainable sourcing practices in place.
• No product manufacturing; focus on IT services.

Principle 3: Employee Wellbeing

• Comprehensive health, safety, and employee support systems.
• Equal opportunity policy in place.

Principle 4: Stakeholder Engagement

• Strong relationships with investors, clients, employees, and community.

Principle 5: Human Rights

• 100% training coverage on human rights policies.
• No significant risks identified from human rights assessments.

Principle 6: Environmental Responsibility

• Carbon neutral since 2020; ongoing reduction in energy consumption.
• Active waste management and water conservation strategies.

Principle 7: Public and Regulatory Policy Engagement

• Member of numerous national and international associations.

Principle 8: Inclusive Growth

• Engagement in CSR activities focusing on education, healthcare, and rural development.

Principle 9: Consumer Value

• Mechanisms for robust client feedback and satisfaction tracking.
• Zero data breaches reported.

Key Initiatives and Achievements

• Carbon neutrality achieved through energy efficiency, renewable energy, and carbon offsets.
• Active employee engagement and development through training and resource groups.
• Continuous improvement of ESG practices informed by stakeholder consultations.

Conclusion

Infosys continues to lead with strong governance, comprehensive sustainability practices, and effective engagement with all stakeholders to drive responsible business growth.