Wipro

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Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting firm focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 250,000 employees and business partners across 66 countries, we deliver on the promise of helping our customers, colleagues, and communities, to thrive in an ever-changing world.

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4.6

Overall Excellence Rating

Industry

AI and machine learning

Category

Information Technology Support Services

ESG/Ethical Impact

Renewable Energy (RE) by 2030. Our goals are aligned with the scientific imperative to cap average temperature rise to 1.5 degree C and are based on globally accepted standards from Science Based Targets Initiative. To mention just two highlights of our progress so far: (i) Our current RE footprint is 58%, which we expect to increase to 75% by 2024; (ii) At 80 units per sq meter, the energy efficiency standards in our new state- of-the-art facility at Kodathi, Bangalore, are ahead of global benchmarks, and are the result of sustainable architecture and building design, innovative technologies like underfloor cooling and an IoT sensor-based Energy Command Center for optimizing energy consumption. Over the last decade-plus, the combination of our energy efficiency and renewable energy measures has saved or avoided more than half a million tons of cumulative GHG emissions. While we expect to reach our Scope 1+2 goals ahead of 2030, our primary challenge will be Scope 3 emissions – nearly 83% of our total carbon footprint – produced by business travel, employee mobility, procured goods and services, work-from-home emissions etc. Progress on Scope 3 mitigation will need a combination of technology breakthroughs, policy changes and a broad collaborative approach with our suppliers and solution-providers. We are optimistic though that many slow-traction areas will see a tipping point soon. For example, we expect the trajectory of adoption of Electric Mobility to accelerate sharply post-2025. Our strategy supports value creation for clients and growth for our organization through five strategic priorities: accelerate growth, strengthen clients and partnerships, lead with business solutions, build talent at scale, and a simplified operating model. We are focusing our efforts and investments on maximum results, going deeper in areas where we believe we have the strength and defocusing on others, and scaling up to secure leadership positions. Our new strategy has brought us closer to clients, helped us drive greater agility and responsiveness and become the employer of choice. The WEF Global Risks Report, based on a perception survey of more than 1200 leaders, called out the top 10 risks for the short term (the next two years) and the long term (the next 10 years). Three risks are common to both timeframes: failure of climate change action, geo-economic confrontation and widespread cyber-insecurity. We aim to engage and collaborate with customers by bringing together our experience and strategic investments to solutions in areas like Net Zero, decarbonization and sustainability, data privacy, open source, and crowdsourcing of talent (Top Gear).

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Awards Received

2023

Revenues

$10,880,000,000.00

Website Traffic

Employee Rating

3.9

Customer Rating

3.8

Company Size

10000+

ESG Risk Rating

4

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