In a world where environmental action often feels like distant corporate promises, some companies are genuinely walking the talk. The latest Tech Mahindra news brings a breath of fresh air to the sustainability landscape – the company has achieved something that fewer than 2% of global organizations can claim.
Tech Mahindra (NSE: TECHM) has secured a place on CDP’s prestigious ‘A List’ for not just one, but two critical environmental categories: Climate Change and Water Stewardship. This remarkable Tech Mahindra sustainability CDP rating places the technology giant among an elite group of global environmental leaders for 2024.
But what does this recognition actually mean, and why should we care? Let’s dive deeper into this achievement and explore how the Indian tech giant is turning sustainability commitments into measurable impact.
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Understanding CDP and Why the A List Matters
Before we celebrate Tech Mahindra’s achievement, let’s understand what CDP actually is. Formerly known as the Carbon Disclosure Project, CDP maintains the world’s largest environmental database and has become the gold standard for environmental reporting.
When companies submit their Tech Mahindra CDP report and other environmental disclosures, they’re not just checking a box. CDP’s rigorous evaluation process examines everything from emissions data to water management strategies and governance structures.
In 2024, over 24,800 organizations worldwide disclosed their environmental impact to CDP. Of these, only a small fraction – less than 2% – achieved A List status. This exclusive club represents companies that demonstrate:
- Comprehensive environmental transparency
- Ambitious target-setting
- Measurable progress on climate and water initiatives
- Strong governance and accountability
The company’s sustainability CDP rating of ‘A’ in both climate and water categories signals exceptional performance across these dimensions, positioning the company as an ESG India leader.
Latest News: Double Recognition on CDP’s A List
The dual A List recognition isn’t just another corporate award to display in the lobby. It represents years of dedicated work and measurable progress in addressing two of our planet’s most pressing challenges.
Sandeep Chandna, Chief Sustainability Officer at Tech Mahindra, explains the significance: “Tech Mahindra’s continued recognition on CDP’s ‘A List’ across multiple categories underscores our steadfast commitment to tackling global sustainability challenges. With a strong focus on climate action and water security, we recognize the urgency of these issues amid growing environmental risks.”
This achievement doesn’t happen overnight. According to the Tech Mahindra sustainability report, the company has been systematically transforming its operations, infrastructure, and business practices to reduce environmental impact while driving innovation.
Climate Action Journey: From Commitments to Results
When it comes to climate action, the Tech Mahindra CDP performance reveals impressive progress in several key areas:
Renewable Energy Transition
The company has achieved 23% renewable energy usage in 2024 – a significant milestone in its clean energy journey. But the company isn’t stopping there. It has set an ambitious target of reaching 90% renewable energy by 2030, demonstrating long-term commitment to decarbonization.
Emissions Reduction Success
The numbers tell a compelling story. Tech Mahindra has successfully reduced its Scope 1 and 2 greenhouse gas (GHG) emissions by 31% from its 2016 baseline. This achievement aligns with the company’s bold commitment to achieving Net Zero by 2035 – a target that exceeds many industry peers.
How Tech Mahindra + Sustainability Initiatives Drive Real Change
These results didn’t happen by accident. They’re the product of strategic initiatives including:
- Implementation of energy-efficient infrastructure across facilities
- Operational optimization to reduce resource consumption
- Development of a sustainable supply chain
- Green commuting initiatives for employees
- Stringent travel policies to reduce carbon footprint
Together, these efforts underscore Tech Mahindra’s commitment to building a low-carbon, resilient future – not just through words, but through measurable actions.
ESG India Leadership: How Tech Mahindra Sets New Standards
The recognition reinforces the company’s position as an ESG India leader in both strategy and implementation. In a country facing significant environmental challenges, Tech Mahindra is demonstrating that Indian companies can lead global sustainability efforts.
For more information on the CDP scores, click here.
