Bangalore, India - September 23, 2014:
Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company today announced that it has been selected as a member of the global Dow Jones Sustainability Index (DJSI) - 2014 for the fifth year in succession. Wipro is included in both the DJSI World and Emerging Markets Indices. Further, Wipro is the global sector leader for the software and services industry.
A total of 1813 companies were assessed from around the world of which 319 have been chosen as the DJSI World constituents for the year 2014-15, the IT Services sector saw 74 companies participating globally of which 7 have been selected for the World Index.
DJSI is a leading global indicator tracking the financial performance of companies across all industries that outperform on Sustainability. The selection was done on the basis of an exhaustive, rigorous evaluation of Wipro's sustainability performance on several dimensions spanning economic, environment and social sustainability - a few examples are Climate Change Performance, Corporate Governance, Innovation, Labor Practices and Digital Inclusion.
Speaking about this achievement, Anurag Behar, Chief Sustainability Officer, Wipro Limited, said, "We are honored to be included as a member in the DJSI (World) for the fifth successive year. DJSI's rigorous and comprehensive assessment helps us constantly calibrate and strengthen our sustainability programs across economic, ecological and social dimensions."
The DJSI follows a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 140,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com
+91 80 39918018
Aravind Viswanathan, Investor Relations
+91 80 39916143
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results 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 fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We 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. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.