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Wipro Plans to Achieve Net-Zero Greenhouse Gas Emissions by 2040

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Wipro Limited, the IT giant, has pledged to achieve Net-Zero Greenhouse Gas (GHG) emissions by 2040, in line with the Paris Agreement's goal of limiting global warming to 1.5°C.

When making its pledge on Earth Day, it has set an intermediate goal of a 55 percent reduction in absolute GHG emissions by 2030 relative to the base year of 2016-17.

These goals are focused on the globally recognized Science Based Targets initiative (SBTi), and they represent the IT giant's deep decarbonization and organizational reforms in order to reach Net-Zero by 2040.

It will also postpone offsets until the target year, highlighting its values-based policy and solution. The following are the key decarbonization levers:

•Improving the energy efficiency of facilities for a sustained reduction in energy consumption.

•Increasing use of renewable energy in owned facilities in India through private power purchase agreements and captive solar power.

•Combining behavioral, technological, and collaborative approaches that help reduce the carbon footprint of air travel, commuting and purchased goods and services.

Wipro is dedicated to assisting its customers in achieving their Net-Zero targets by collaborating and using its technologies and domain knowledge in a variety of climate change fields, including GHG evaluation, Climate and Net-Zero Planning, and procurement and supply chain strategy, to name a few.

Wipro's CEO and Managing Director, Thierry Delaporte, indicated that the firm has long incorporated environmental management into its activities and ways of operating.
It is now committed to accelerating behaviour toward net-zero energy, as well as the deep decarbonization measures needed to get there. Other related firms, he implied, have a major role to play in meeting global greenhouse gas emission goals.

“Climate change is a defining challenge for humanity. Business must be at the forefront to address it. Wipro’s climate change program goes back nearly two decades, and our Net-Zero goal further reaffirms our commitment. Our approach emphasizes the importance of not just reaching that goal, but doing so in a way that is aligned with Wipro’s core values of integrity and business responsibility”, said Rishad Premji, Chairman, Wipro Limited

The firm has made substantial strides in developing and producing “Green IT solutions” for high-carbon-intensive industries such as energy and utilities, manufacturing, transportation, and consumer goods. The examples of such solutions include assisting consumers in exiting their data centres, accelerating virtualization and public cloud adoption, smart grids, waste control, renewable procurement and packaging, and so on.

Wipro is one of the nine founding members of the TONZ alliance (Transform to Net Zero).
The alliance, which is led by Microsoft, comprises some of the world's leading corporations, with total annual sales of USD 500 billion and assets worth USD 800 billion.

Wipro and the TONZ Coalition are dedicated to reducing climate impact by assisting members in determining their Net-Zero priorities and strategies, as well as developing best practice assets.

“Climate change is a defining challenge for humanity. Business must be at the forefront to address it. Wipro’s climate change program goes back nearly two decades, and our Net-Zero goal further reaffirms our commitment. Our approach emphasizes the importance of not just reaching that goal, but doing so in a way that is aligned with Wipro’s core values of integrity and business responsibility”, said Rishad Premji, Chairman, Wipro Limited.

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