TATA Communications Scores A- in Leadership for Sustainability
Tata Communications has been recognised with the distinguished ‘A-’ leadership score for implementing current best practices in sustainability for climate change. The recognition came from environmental non-profit organisation, Carbon Disclosure Project (CDP). Tata Communications score is higher than the global average of ‘C’ and higher than the Asia region average of ‘D’. It scores the highest global score for playing a leading role in Climate Change governance, value chain management, energy efficiency, risk and opportunity disclosures in CDP 2020 reporting.
Tata Communications is among the top 34% companies globally to have received the leadership score for best practices out of 9,600+ companies that reported environmental disclosures this year. The scores are attributed based on a comprehensive peer benchmarking and sustainability performance.
Tata Communications has been implementing several energy efficiency measures and this recognition comes as a recognition for the company’s focus on sustainability. In fiscal 2020, Tata Communications sourced approximately 15 million units of renewable energy and implemented emission reduction initiatives resulting in energy savings to the tune of 0.8 million units.
Amur S Lakshminarayanan, MD and CEO, Tata Communications, said, “Sustainability is at the core of our business strategy. This recognition is testimony to our concerted efforts in our contribution to the environment and the Planet. We need to collaborate to co-create digital ecosystems, build a new world, and engage constructively on the climate change dialogue.” Dexter Galvin, Global Director of Corporations & Supply Chains at CDP highlighted the role of private sector in the transition to a sustainable economy. He said, “the first essential step for companies is to be transparent around their current environmental impacts.”
Tata Communications is among a critical mass of companies that are disclosing their environmental data to their stakeholders through CDP annually. Tata Communications Sustainability strategy is based on the three facets of environment, social and governance (ESG) principles. The Company’s objective is to drive value creation for its stakeholders and drive sustainable business growth by managing risks and embracing opportunities.
Click here to read Tata Communications Sustainable Development Report