Wipro Recognized as the World Sector Leader in the Dow Jones Sustainability Index
Included as a Member of the Global DJSI for the 3rdConsecutive Year
BANGALORE, India--(BUSINESS WIRE)-- Wipro 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 companies 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.
KEYWORDS: United States Asia Pacific North America New York India
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