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Infosys is first Indian company to join RE100 global renewable energy campaign

The Times of India:  May, 2015

Pune: The Climate Group today announced that Infosys, one of India's largest Information Technology corporations has become the first Indian company to join RE100, a global platform for major companies committed to 100% renewable power.

Infosys, a leader in consulting, technology, outsourcing and next-generation services, with clients across 50 countries, has taken great strides during the past seven years to become sustainable in its operations. As part of its commitment to RE100, Infosys aims to become carbon neutral by 2018.

The company is already working to reduce its per capita electricity consumption by 50 per cent from its 2007-2008 levels and source all its electricity from renewable resources by 2018.

Speaking about the announcement, Ramadas Kamath, Executive Vice President and Head - Infrastructure and Sustainability, Infosys, said: "We are working towards building a clean energy future. Expanding the share of renewables is key to addressing the chronic energy crisis our country is facing today. By taking the first step towards hundred per cent renewables, we want to lead the way in creating a sustainable future and bring about an energy transformation in India."

During fiscal year 2015, Infosys met 29 percent of its electricity needs - about 72.08 million units - for its locations across India through green power. During the same period, Infosys generated over 2911 MWh of electricity through its onsite solar PV installations across India.

Krishnan Pallassana, Executive Director, The Climate Group India, said: "We need more companies that are willing to set bold targets and demonstrate the business case for renewable power. India plays a crucial role in sealing a global climate deal and could benefit the most from investing into a low-carbon future, which can generate sustainable and consistent energy for all."