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Wipro Recognized As The World Sector Leader In The Dow Jones Sustainability Index

Stocks in this article: WIT

Wipro Ltd today announced that it has been included as a member of the global Dow Jones Sustainability Index (DJSI) - 2012 for the third year in succession. This year Wipro has been recognized as the Sector leader for the ‘Computer Services and Internet’ sector.

Wipro is one among the 4 companies worldwide and the only one from India in the Computer Services and Internet sector of the DJSI World 2012. A total of 1544 companies were assessed from around the world of which 340 have been chosen as the DJSI constituents for the year 2012-13, the IT Services sector saw 32 companies participating of which 4 have been selected. The primary areas assessed were Climate Strategy, Operational Eco-efficiency, Environmental reporting, Labor and Human Rights, Human Capital Development, Talent Attraction & Retention, Risk & Crisis Management, Corporate Citizenship, Digital Inclusion, Social Reporting, Corporate Governance, Innovation, IT Security and Data Privacy, Anti-Corruption, Innovation Management, Brand & CRM.

DJSI is a leading global indicator tracking the financial performance of companies across all industries that outperform on Sustainability. The selection was done on the basis of an exhaustive, rigorous evaluation of Wipro's sustainability performance on several dimensions like ecological sustainability, supplier standards, digital inclusion, corporate governance, and innovation in sustainability.

Speaking about this achievement, Anurag Behar, Chief Sustainability Officer, Wipro Limited, said, “Sustainability is integral to all that Wipro does as an organization. We are very pleased that our continued efforts have been recognized globally for the 3 rd consecutive time in DJSI. We view frameworks like the DJSI as valuable platforms for benchmarking and holding ourselves up to scrutiny and thereby, as a catalyst for a continuous improvement and innovation.”

The DJSI follow a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Today, the index family has approximately USD 6 billion in assets under management in a variety of financial products including mutual funds, separate accounts, structured products and exchange-traded funds (ETFs). Approximately 55 products are based on the indexes serving asset managers and banks in 15 countries.

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