Mastek Recognized as an 'Industry Mover' in the S&P Global Sustainability Yearbook 2025

Mastek (NSE: MASTEK; BSE: 523704), a trusted digital engineering and cloud transformation partner is proud to be recognized as an Industry Mover in S&P Global's prestigious Sustainability Yearbook 2025 in the IT services sector. This recognition reflects Mastek's commitment to sustainable business practices and responsible corporate growth.

S&P Global's Sustainability Yearbook evaluates over 7,690 companies across 62 industries, recognizing organizations that demonstrate excellence in sustainability performance. The Industry Mover distinction is awarded to the company in each sector that has achieved the strongest yearover-year score improvement in the S&P Global CSA, highlighting significant progress in ESG initiatives.

Umang Nahata, CEO, Mastek commented, "Sustainability is core part of our business strategy. Mastek is committed to responsible and sustainable business practices. We will continue to drive positive environmental, social, and governance (ESG) impact bringing value to our stakeholders."

Mastek's strong sustainability convictions are reflected in significant metrics across the ESG pillars.

- Environmental: Mastek's climate action commitment aims for carbon neutrality by 2040 through emission reductions, EV adoption, and energy efficiency. It has set SBTi-based emission reduction targets for 2025 and has already reduced water consumption by 3,155 KL and 3.7 tons of e-waste and planted over 3,405 trees globally since 2021.

- Social: Mastek fosters an inclusive workplace and prioritizes employee well-being through awareness sessions like cyber fraud prevention, cervical cancer, and mental health. Its CSR initiatives have impacted 133,060 individuals in India (FY'24), reinforcing its commitment to social impact.

- Governance: Mastek upholds transparent, ethical, and well-governed sustainability practices, backed by a robust ERM framework enhancing materiality analysis for effective ESG risk management. A UNGC member since 2024, it aligns with the 10 principles and UN-SDGs. With a record ofzero data breaches, Mastek ensures responsible data governance, ethical business practices, and focus on shareholder value.

Shares of Mastek Limited was last trading in BSE at Rs. 2370.90 as compared to the previous close of Rs. 2348.70. The total number of shares traded during the day was 4710 in over 824 trades.

The stock hit an intraday high of Rs. 2451.50 and intraday low of 2299.45. The net turnover during the day was Rs. 11184704.00.

Source : Equity Bulls

Keywords

Mastek INE759A01021 Recognition IndustryMover