HCL releases corporate sustainability report

Global IT services provider HCL Technologies today released its second corporate sustainability report under the 'Global Reporting Initiative
(GRI) 3.1' framework.

The report is an indicator of HCL's progress and outcomes in the corporate sustainability areas and has been created as per the A+ application level and externally assured by DNV, HCL Technologies Vice-Chairman and CEO Vineet Nayar said.

It is aligned to requirements of Business Responsibility Report in compliance with Ministry of Corporate Affairs' National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, he said.

The sustainability report not only highlights relevant data and numbers, but also showcases how HCL has continued to leverage its core competencies, Nayar said. "I am confident that going forward we will continue to walk this journey to ensure that sustainability performance remains an intrinsic part of HCL's corporate and business strategy," Nayar said.

The report has drawn inspiration from five elements of the nature of atmosphere like fire, water, earth and wind and their characteristics for the sustainability journey, he said.

"In FY12, our absolute emission reduction over the 2010-11 was 20,566 tCO2 and we reduced per capita emissions by 17 percent for the same period," HCL Technologies AVP (Diversity & Sustainability) Srimathi Shivashankar said.

The GRI framework serves as a generally accepted framework for reporting on an organisation's environmental and social performance, he said. It covers the performance of all the business units of HCL and reflects significant economic, environmental and social impact that can substantially influence the assessments or decisions of the stakeholders, he said.