Infosys on 18 May 2015 announced to become carbon neutral by 2018. For this it earmarked an amount of 400 crore rupees. The company announced to achieve carbon-neutrality on commuting and travel by its nearly 1.8 lakh employees and in doing so deepens its commitment to sustainability.
The company will offset 3.74 lakh tonne of carbon dioxide attributed to employees' travel, and it will spend 70 crore rupees in 2015 on initiatives such as installing solar projects for rural electrification, biogas plants and distribution of smokeless cook-stoves in villages, besides afforestation.
As part of its journey toward sustainability, Infosys will commission 55 MW of solar capacity, including 40 MW in Karnataka, in 2016. It will add another 110 MW of solar capacity in the coming years. It is already generating energy from 2.7 MW capacity solar panels on rooftops across its campuses in India.
Infosys consumed 257 million units of electricity globally during 2014-15, and 30 per cent of this came from renewable energy sources.
In 2011, Infosys had made an announcement at the United Nations committing to meet all its energy needs from renewable energy sources, to become carbon neutral, and to cut per capita power and water consumption by half (on 2007-08 baseline) by 2018.
The company said its per-capita power and water consumption declined by 45 per cent and 35 per cent, respespectively, during 2014-15.
From 2011, Infosys has spent about 50 million US dollar or 320 crore rupees retrofitting its equipment such as lighting, air-conditioning, power, etc. The buildings built after 2008 are all green structures complying with the highest sustainability standards.
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