Highlights Infosys' commitment to business
integrity through robust ethics, compliance, and governance
programs
BENGALURU, India, March 4,
2024 /CNW/ -- Infosys (NYSE: INFY), a global leader
in next-generation digital services and consulting, today announced
that it has received The 2024 World's Most Ethical Companies®
recognition by Ethisphere, a global leader in defining and
advancing the standards of ethical business practices.
Infosys has received the recognition for the fourth consecutive
year and is one of the 136 honorees spanning 20 countries and 44
industries. Infosys has become one of three companies in
India, and one of six companies
globally, in the software and services industry, to receive this
accolade. The World's Most Ethical Companies assessment is grounded
in Ethisphere's proprietary Ethics Quotient®, a questionnaire
covering 240 different proof points on the culture of ethics;
environmental, social, and governance (ESG) practices; ethics and
compliance program; diversity, equity, & inclusion; and
initiatives that support a strong value chain.
"It's always inspiring to recognize the World's Most Ethical
Companies®. Through the rigorous review process, we see the
dedication of these organizations to continually improving their
ethics, compliance, and governance practices for the benefit of all
stakeholders," said Erica Salmon
Byrne, Ethisphere's Chief Strategy Officer and Executive
Chair. "Companies that elevate best-in-class cultures of ethics
and integrity set a standard for corporate citizenship for their
peers and competitors to follow. Congratulations to Infosys for
achieving this honor and demonstrating that strong ethics is good
business."
Salil Parekh, Chief Executive
Officer, Infosys, said, "We are delighted to have received
this accolade for the fourth consecutive year. This recognition
stands testament to the ethical business that we not only practice
but also encourage across our extended ecosystem. Our relentless
focus on client-centricity remains at the forefront as we strive to
be transparent and accountable in all our endeavors."
The complete list of The 2024 World's Most Ethical Companies can
be found here: https://worldsmostethicalcompanies.com/honorees.
Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in
Ethisphere's proprietary Ethics Quotient®, an extensive
questionnaire that requires companies to provide over 240 different
proof points on their culture of ethics; environmental, social, and
governance (ESG) practices; ethics and compliance program;
diversity, equity, & inclusion; and initiatives that support a
strong value chain. That data undergoes further qualitative
analysis by our panel of experts who spend thousands of hours
vetting and evaluating each year's group of applicants. This
process serves as an operating framework to capture and codify
truly best-in-class ethics and compliance practices from
organizations across industries and from around the world.
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. We enable clients in more than 56 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer clients, as they navigate their
digital transformation powered by cloud and AI. We enable them with
an AI-first core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our future financial or operating performance, are
forward-looking statements intended to qualify for the 'safe
harbor' under the Private Securities Litigation Reform Act of 1995,
which involve a number of risks and uncertainties that could cause
actual results or outcomes to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to
these statements include, but are not limited to, risks and
uncertainties regarding the execution of our business strategy, our
ability to attract and retain personnel, our transition to hybrid
work model, economic uncertainties, technological innovations such
as Generative AI, the complex and evolving regulatory landscape
including immigration regulation changes, our ESG vision, our
capital allocation policy and expectations concerning our market
position, future operations, margins, profitability, liquidity,
capital resources, our corporate actions including acquisitions,
and cybersecurity matters. Important factors that may cause actual
results or outcomes to differ from those implied by the
forward-looking statements are discussed in more detail in our US
Securities and Exchange Commission filings including our Annual
Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at
www.sec.gov. Infosys may, from time to time, make additional
written and oral forward-looking statements, including statements
contained in the Company's filings with the Securities and Exchange
Commission and our reports to shareholders. The Company does not
undertake to update any forward-looking statements that may be made
from time to time by or on behalf of the Company unless it is
required by law.
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SOURCE Infosys