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Mphasis achieved a score of 74, placing it in the 94th percentile of S&P Global's 2024 DJSI Corporate Sustainability Assessment



Posted On : 2025-03-13 22:08:03( TIMEZONE : IST )

Mphasis achieved a score of 74, placing it in the 94th percentile of S&P Global's 2024 DJSI Corporate Sustainability Assessment

Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, has strengthened its sustainability performance and has moved up from the 90th to 94th percentile y-o-y, in the S&P Global's Dow Jones Sustainability Indices (DJSI) Corporate Sustainability Assessment (CSA) Annual Review 2025. Mphasis has consistently improved its ESG score over the years, reflecting a strong commitment to building a responsible and sustainable business.

Mphasis received a score of 74 out of 100 points showing major improvement across all areas - Environment ((82th percentile), Social (95th percentile) and Governance (95th percentile). The company also recorded a perfect score in various other ESG parameters including, Energy Management Programs, Waste Disposal, Direct Greenhouse Gas Emissions (Scope 1), TCFD Disclosure, Climate Risk Management, Low-Carbon Products, and Discrimination & Harassment amongst others.

Some of Mphasis' recent ESG achievements are:

- Mphasis has 35.68% women representation globally

- 49.38% of total energy needs fulfilled by renewable sources, with energy intensity consistently remaining below our target of 1.75 kWh/sqft. office area

- Invested INR 368.90 million in social and community projects, including a Cloud-Based Skilling Program that upskilled 1,500+ underserved youths

- Zero percentage of users whose customer data is used for secondary purposes and zero customers affected by loss of data/data breaches

The company's ESG initiatives align with its long-term vision, driving business growth while positively impacting society and the environment. Additionally, Mphasis is joining the global movement by committing to Science-Based Targets Initiative (SBTi) GHG reduction targets, demonstrating its dedication to meaningful climate impact. Mphasis has released disclosed interventions in alignment with the Global Reporting Initiative (GRI) Standards (in accordance with the Core option) and also mapped its efforts against the United Nations (UN) Global Compact Principles in the ESG report.

The Dow Jones Sustainability Indices (DJSI) was launched in 1999 as the pioneering series of global sustainability benchmarks available in the market and measures the performance of companies selected using ESG criteria. DJSI comprises global sustainability leaders as identified by S&P Global through the CSA. Based on long-term economic, environmental, and social criteria, it represents the top 10% of the largest 2,500 companies in the S&P Global BMI.

Shares of MphasiS Limited was last trading in BSE at Rs. 2206.00 as compared to the previous close of Rs. 2224.05. The total number of shares traded during the day was 7982 in over 827 trades.

The stock hit an intraday high of Rs. 2285.00 and intraday low of 2202.00. The net turnover during the day was Rs. 17849314.00.

Source : Equity Bulls

Keywords

Mphasis INE356A01018 94thpercentile SandPGlobal 2024DJSICorporateSustainabilityIndices