22 Oct Wipro Selected as Dow Jones Sustainability World Index (DJSI) Member for the Tenth Consecutive Year
EAST BRUNSWICK, N.J. & BANGALORE, India–(BUSINESS WIRE)–#AbidaliZNeemuchwala–Wipro 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 global Dow Jones Sustainability World Index (DJSI) – 2019 for the tenth year in succession. Globally, Wipro ranks second in the IT services sector while it continues to be the leader in India.
Launched in 2009, the S&P DJSI (World) is the gold standard for corporate sustainability. Inclusion in DJSI (World) index is based on a rigorous analysis of a company’s performance on more than 20 primary indicators and 120 secondary indicators across a spectrum of economic, environmental, social and governance parameters. More than 2000 companies were assessed from around the world and only 319 made it to the final DJSI (World) index for 2019-2020.
Commenting on this recognition, Abidali Z Neemuchwala, Chief Executive Officer and Managing Director, Wipro Limited said, “It is a special honour to be part of the S&P DJSI (World) Index recognition for ten years consecutively. We appreciate the comprehensive nature of the assessment as it helps us constantly improve our standards in our sustainability journey. The recognition is a reaffirmation of Wipro’s values and our commitment to being a sustainable and responsible corporation.”
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 globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 175,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements 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. 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.