Sustainability development is the concept of people meeting their everyday needs without compromising the ability of future generations to meet their own needs. As a global society, we must internalize the learnings of the traumatic two years of the pandemic, to gain a position of strength and capability in case the world encounters another such crisis in the future.
The sustainability imperative
Sustainability is a revolution, but like most revolutions that paralyze business and people's lives, it, on the contrary, energizes organizations to pay back to the world. Sustainability is related to emissions, natural resources, waste, and pollution, and organizations need to undergo radical changes and embrace transparency to become truly sustainable business entities. We must proactively develop progressive steps while setting aggressive but attainable visions for our future related to the economic, social, and environmental impact.
Governments and enterprises are increasingly committing to climate action. Rapidly growing number of national governments, local government, and business leaders are making commitments to reach net-zero emissions within their jurisdictions or businesses. Net-zero transition calls for an economic transformation at a scale that can become unwieldy. Further, there are challenges in balancing the substantial short-term risks of unpreparedness and siloed actions with the longer-term risks of insufficient or delayed action. We will feel the economic effects of this transition on demand, capital allocation, costs, and jobs until 2050 across sectors that produce about 85% of overall emissions with assessed economic shifts for 69 countries.
For Wipro, sustainability services are an integral part of the organization's DNA. Not long ago, sustainability was a differentiator, a competitive advantage. Today it is a core objective of any business, desired by shareholders, demanded by customers, and determined by governments.
Our approach to clients and workplace sustainability: Our talented employees who design, develop, and implement integrated solutions create value for customers. We have a global and diverse workforce of over 180,000 employees spread across 55 countries. We emphasize respecting dignity and diversity and being sensitive to human rights, expectations, and needs. Our approach towards people development includes instilling a strong sense of citizenship and social responsibility in our employees. We have over 14,000 employees from nearly 40 chapters in India, collectively spending around 44,000 hours in voluntary engagement on a wide range of community and environmental initiatives.