Wipro continues to lead in Sustainability Disclosures
Wipro Limited has been included in the NASDAQ 100 Global Sustainability Index of the 100 global sustainability leaders from across industry sectors. The NASDAQ OMX Group, Inc. and CRD Analytics recently announced the results of the semi-annual re-ranking of the NASDAQ OMX CRD Global Sustainability Index (Nasdaq:QCRD).
The NASDAQ OMX CRD Global Sustainability Index is an equally weighted equity index that serves as a benchmark for stocks of companies that are taking a leadership role in sustainability performance reporting and are traded on a major US stock exchange. The Index is made up of companies that have taken a leadership role in disclosing their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investing. These are companies that are voluntarily disclosing their current environmental, social and governance risks as well as their revenue opportunities and how they may affect future performance. The Index is evaluated on a semi-annual basis in May and November.
Wipro Limited is also ranked first among Indian companies in the 2010 Asian Sustainability Rating (ASR). Released in September, the ASR 2010 analyses the publicly available information of the 542 largest listed companies in 10 Asian countries. The rating provides companies, investors and other stakeholders a view of the strategic sustainability of these companies.
Anurag Behar, Chief Sustainability Officer, Wipro Ltd., said, "It is an honour to be included in NASDAQ 100 Global Sustainability Index and ASR. It is in recognition of our continued effort to build sustainability in all aspects of business. It encourages us to do more."
For More Details See
www.varindia.com