Mphasis Ltd receives Silver Medal from EcoVadis for sustainability efforts
1 report, 1 independent
Updated Thu 00:00
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What happened
Mphasis Ltd received a Silver Medal from EcoVadis for its sustainability practices. The company has set a goal to achieve net-zero greenhouse gas emissions across its value chain by Fiscal Year 2050. These targets include reducing Scope 1 and Scope 2 emissions by 66.01% by FY 2036 from a FY 2025 baseline, and reducing Scope 3 emissions by 66.33% within the same timeframe.
From equitybulls.com
Why it matters
The validation of Mphasis’ sustainability targets supports its commitment to achieving net-zero emissions. The company also aims for carbon neutrality across its facilities and operations by FY 2030, currently meeting 57.82% of its energy needs through renewable sources.
From equitybulls.com
Who's involved
- EcoVadisSocial and environmental impact rating agency that awarded the medal
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The entities involved
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EcoVadis
Social and environmental impact rating agency