Company also recognized for innovative
sustainability efforts with 2024 International Green Apple
Environment Award and two National Awards for Excellence in CSR
& Sustainability
TEANECK,
N.J., Oct. 17, 2024 /PRNewswire/ -- Cognizant
(NASDAQ:CTSH) today announced that it has been named one of
America's Greenest Companies by Newsweek magazine and has
been recognized among the Top 300 companies in the U.S., based
on environmental sustainability. Cognizant was also recognized
recently with multiple awards for its sustainability efforts
including a 2024 International Green Apple Environment Award in the
Environmental Improvement category and two National Awards for
Excellence in CSR & Sustainability for Best Environment
Friendly Project and Best Environmental Responsibility
Initiatives.
Cognizant is on track to meet its net zero goal of reducing
total emissions by 50% by 2030 and 90% by 2040. To achieve this
target, Cognizant is focused on sourcing renewable electricity for
its operations and achieving higher levels of energy efficiency. In
addition, Cognizant is committed to reducing greenhouse gas
emissions across its supply chain and putting its technology and
talent to work helping clients meet their sustainability goals.
Newsweek and Plant-A Insights Group, in
collaboration with GIST Impact, selected the top 300 companies
committed to reducing their environmental impact in key areas like
greenhouse gas emissions, water management and waste reduction. To
ensure the highest standards, only companies that meet the European
Union's stringent sustainability criteria – considered the most
advanced globally – were eligible for consideration. The
companies were evaluated and scored on more than 25 parameters,
including sustainability data disclosure and commitments.
Cognizant was also awarded an International Green Apple
Environment Award and a National Award for Excellence in CSR &
Sustainability for a chiller retrofit initiative. Completed in
early 2024, this project reduced energy consumption in one of
Cognizant's largest campuses in India. The upgraded system adjusts more
efficiently to maintain set temperatures, catering to varying
weather conditions and occupancy levels resulting in greater energy
conservation, improved comfort for occupants, an enhanced location
for productivity, and a smaller environmental footprint. This
effort is expected to save approximately 7.9 million units of
energy annually and significantly reduce emissions each year.
As the winner of the National Awards for Excellence in CSR &
Sustainability's Best Environmental Responsibility Initiatives,
Cognizant was recognized for its reduction strategies, including
renewable energy sourcing, energy efficiency improvements, supplier
engagement for emissions reduction, optimized business travel and
commuting, and the sourcing of certified carbon offsets, showcasing
a comprehensive and proactive approach to achieving net-zero
emissions. Cognizant is also using analytical tools to forecast
future emissions under various growth scenarios enabling the
identification of emissions "hot spots."
"We have taken a science-based approach towards setting our Net
Zero emissions reduction target and are leveraging AI solutions and
building a climate-competent workforce to achieve our goal," said
Stuart Poore, Chief Environment
Officer, Cognizant. "We are proud of our recent award wins which
validate our belief that a sustainable business prioritizes its
associates' well-being and operates with a value chain connected to
healthy, sustainable ecosystems."
Established in 1994, The Green Organisation is an international,
independent, non-political non-profit entity dedicated to
recognizing, rewarding, and promoting environmental best practices
around the world. The National Awards for Excellence in CSR
& Sustainability recognize companies and individuals that have
embraced CSR and sustainability and the role that procurement in
India can play in providing a more
sustainable and equitable society.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers
modern businesses. We help our clients modernize technology,
reimagine processes and transform experiences so they can stay
ahead in our fast-changing world. Together, we're improving
everyday life. See how at www.cognizant.com or
@cognizant.
For more information, contact:
U.S.
Name Bill
Abelson
Email
william.abelson@cognizant.com
|
|
Europe /
APAC
Name Christina
Schneider
Email
christina.schneider@cognizant.com
|
|
India
Name Rashmi
Vasisht
Email
rashmi.vasisht@cognizant.com
|
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SOURCE Cognizant Technology Solutions Corporation