NEW
YORK, Sept. 27, 2024 /PRNewswire/
-- Kyndryl (NYSE: KD), the world's largest IT infrastructure
services provider, today released its fiscal year 2024 Corporate
Citizenship Report. Kyndryl's report demonstrates the Company's
advancements in driving sustainable and continued progress for its
stakeholders through innovation, environmental stewardship and
social impact.
"Kyndryl set ambitious goals for building our sustainability
practice, supporting our people and communities, and upholding
ethical governance. We worked diligently, and the meaningful
progress we made is a great source of pride for Kyndryl employees
globally," said Martin Schroeter,
Chairman and CEO. "I am excited about Kyndryl's future and
confident that together with our customers, partners and
stakeholders, we'll continue to drive positive change."
Kyndryl's progress against the three pillars of its corporate
citizenship program primarily during fiscal year 2024, from
April 1, 2023 through March 31, 2024, included:
Environment
Kyndryl focused on managing environmental impacts, building
supply chain resiliency and meeting regulatory, customer and
investor requirements. The Company also:
- Validated – through the Science Based Targets initiative (SBTi)
– and made progress against its 2040 net-zero target by
reducing scope 1 emissions by 9% and scope 2 market-based emissions
by 8%, compared to fiscal 2023 baseline.
- Achieved global ISO 14001 and ISO 50001 certifications for its
Environmental and Energy Management System.
- Diverted 99.99% of IT electronic waste from landfills and
achieved a 9% reduction in water consumption in water-stressed
areas.
Kyndryl also worked with its partners to launch sustainability
and advisory services — led by Kyndryl Consult — to guide customers
as they modernize their IT infrastructures to create more
energy-efficient enterprise computing footprints.
People
As a people-centric organization, Kyndryl continued to support
its employees (called "Kyndryls") and the communities where
its people live and work. It is through its differentiated culture
— called The Kyndryl Way — that the Company can attract, retain,
develop, motivate and care for its highly skilled workforce that
supports its ability to deliver for customers. In fiscal year 2024,
Kyndryl:
- Transformed its core human capital technology and processes to
support the skills and career growth of Kyndryls who completed 2.3
million hours of training and 78,000 digital credentials.
- Supported its employee engagement to remain above industry
average, and established Kyndryl Be Well, a global well-being
strategy that enables Kyndryls to thrive.
- Launched the Kyndryl Foundation and delivered the
philanthropic arm's first grants to 11 nonprofits from seven
countries to support communities where Kyndryl operates, with the
purpose of addressing critical societal issues through grant
funding and investments.
Trust
Kyndryl's corporate governance strategy is centered
around building trust and operating with integrity, accountability
and transparency to deliver greater value to its customers,
shareholders, partners and communities. In fiscal year 2024,
Kyndryl:
- Achieved a 100% completion rate for its Code of Conduct and
cybersecurity trainings for eligible employees.
- Developed an artificial intelligence (AI) Management System and
shared "Responsible AI at Kyndryl" principles, which support the
Company's efforts to enable AI opportunities for customers.
As a result of its corporate citizenship efforts this past year,
Kyndryl secured a Silver EcoVadis Award, placing Kyndryl in the top
15% of all participating organizations.
"We are proud of the advancements we made this past fiscal year
to help power economic, social and environmental improvement," said
Faith Taylor, Senior Vice President,
Global Citizenship and Sustainability. "By demonstrating our
commitment through our actions and aligning our strategy with our
business priorities, we are laying the groundwork for a more
sustainable and inclusive future."
For more on Kyndryl's corporate citizenship strategy, read our
fiscal year 2024 Corporate Citizenship Report.
About Kyndryl
Kyndryl (NYSE: KD) is the world's largest IT infrastructure
services provider, serving thousands of enterprise customers in
more than 60 countries. The Company designs, builds, manages and
modernizes the complex, mission-critical information systems that
the world depends on every day. For more information,
visit www.kyndryl.com.
Kyndryl Press Contact
press@kyndryl.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/kyndryl-releases-its-fiscal-year-2024-corporate-citizenship-report-302260917.html
SOURCE Kyndryl