Thisyear Infosys sustained their focus on energy efficiency with improvements innew and retrofit projects as well. There was reduction of 2.88% in per capitaelectricity consumption from FY 2015-2016. The efforts of Infosys is onincreasing the share of renewable energy.
During the fiscal 2017, the companyused 118.90 million units of green power which is about 44.6% of overallelectricity. During the same period, 17,572 Mwh of electricity was generatedfrom solar PV system at campus. During the year Infosys joined the carbonpricing leadership association and later announced its internal pricing at US$1.
5 per ton of CO2e. The price will be applicable for a period of two yearsand will represent the cost of decarbonizing one ton of CO2e. With the effortsin energy efficiency and the use of RE has helped the company reduce theircarbon footprint by about 70% across their scope 1 and 2 emissions. As a partof carbon neutrality commitment, Infosys is implementing carbon offset projectswith the aim of offsetting scope 3 emissions. During the year, the companystarted three new carbon offset projects – a rural electrification project andtwo projects which involved distribution of high efficiency biomass cook stovesfor households in rural areas.
Collectively, they will generate approximately50% of carbon offset requirement in 2017-18. Infosys is working to achieve zerowaste to landfill and 100% food waste treatment within their campuses.Currently 63% of the waste generated is treated in biogas plants. Infosys’water conservation strategy includes action to reduce recycle and reuse. Duringthe year, Infosys reduced per capita water consumption by 8.
33% over the lastyear. The company’s data-driven method and water efficient fixtures havedecreased the per capita water consumption by 46% since 2008. Infosys’ harvestrainwater in all their campuses and have constructed 270 deep-injection wellsand 25 lakes for recharging groundwater with the harvested rainwater. Thecompany’s aim is to harvest 100% roof top rainwater from all their buildingsand use it for consumption after treatment. Theanti- discrimination and anti-harassment policies applies to everyone involvedin the operation of the company.
The total number of employees globally was200,364 on March 31, 2017. The employee basis comprises about 36.1% women. Thetraining program covers all the employees irrespective of race, gender orphysical disability. The total number of training days in 2017 was 20, 40,962.Incidents linked cases are tracked separately, adding up to 11lost time injuries resulting in204 lost time days.
Four suppliers associatedwith lost time incidents was recorded this year. They don’t release informationabout absenteeism rate and occupational diseases rate. A total of 36 incidentshave been reported at construction site. They have various tools to receive andaddress complaints from stakeholders related to compliance, corruption orbribery. As of March 31, 2017 no stakeholder has filed any case against thecompany nor any cases pending regarding unfair trade practices, irresponsibleadvertising or anti-competitive behavior. The Committees set up by the Board of Directors of theCompany function in accordance with the framework and terms of referenceassigned to them by the Board, in accordance with the provisions of theCompanies Act, 2013 read with the Rules issued thereunder and ListingRegulations.
The Company has an optimum composition of Executive andNon-Executive Directors. As on March 2017, the board has six committees, all the committee except the corporatesocial responsibility committee, consist entirely of independent directors. Theboard met eight times during the fiscal year.