BENGALURU, India, Feb. 23, 2021 /PRNewswire/ -- Infosys (NYSE:
INFY), a global leader in next-generation digital services and
consulting, today announced that it has been recognized by
Ethisphere Institute, the global leader in defining and advancing
the standards of ethical business practices, as one of the world's
most ethical companies for 2021. Infosys was distinguished for its
undiluted commitment towards integrity and making value-based
decisions. Through this coveted recognition, Infosys has become one
of only four honorees in the Software & Services Industry
globally, and one of the only three honorees in India.
In 2021, 135 honorees were recognized spanning 22 countries and
47 industries. This year, the process was streamlined, and
question set expanded to gauge how companies are adapting and
responding to the global health pandemic, environmental, social and
governance factors, safety, equity, inclusion, and social justice.
Infosys showcased a strong connection between ethical practices and
solid performance in the global market. The recognition
additionally spotlighted Infosys in the areas of ethics and
compliance, diversity, governance, and social initiatives.
Timothy Erblich, Chief
Executive Officer of Ethisphere, said, "2020 ushered many
hardships for the world putting us through one of the most
difficult tests of all times. While addressing various tough
challenges, we saw companies not just working towards earning the
trust of stakeholders through resilience and a commitment to
ethics, transparency, and integrity but advancing their corporate
cultures for the greater good. We are delighted to acknowledge
Infosys for its firm commitment to creating the highest value for
the communities they serve while prioritizing social imperatives.
We would like to congratulate everyone at Infosys for earning this
designation."
Salil Parekh, Chief Executive
Officer and Managing Director, Infosys, said, "We are
extremely honored to receive this prestigious recognition from the
Ethisphere Institute. Flawless execution with integrity and
compliance is the cornerstone of our continued success, and we
firmly believe that an integrity-based approach greatly influences
business success. Infosys' core values are the foundation on which
we have built our success over the years. This acknowledgement
further encourages us to stay committed to operate with high
ethical standards and transparency, especially in these
unprecedented times."
The complete list of 2021 World's Most Ethical Companies can be
found at: https://worldsmostethicalcompanies.com/honorees
Methodology & Scoring
Grounded in Ethisphere's proprietary Ethics Quotient®, the
World's Most Ethical Companies assessment process includes more
than 200 questions on culture, environmental and social practices,
ethics and compliance activities, governance, diversity and
initiatives to support a strong value chain. The process serves as
an operating framework to capture and codify the leading practices
of organizations across industries and around the globe.
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in 46 countries to navigate their
digital transformation. With nearly four decades of experience in
managing the systems and workings of global enterprises, we
expertly steer our clients through their digital journey. We do it
by enabling the enterprise with an AI-powered core that helps
prioritize the execution of change. We also empower the business
with agile digital at scale to deliver unprecedented levels of
performance and customer delight. Our always-on learning agenda
drives their continuous improvement through building and
transferring digital skills, expertise, and ideas from our
innovation ecosystem.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can
help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, financial expectations and plans for navigating the
COVID-19 impact on our employees, clients and stakeholders are
forward-looking statements intended to qualify for the 'safe
harbor' under the Private Securities Litigation Reform Act of 1995,
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 COVID-19 and the effects of government and
other measures seeking to contain its spread, risks related to an
economic downturn or recession in India, the United
States and other countries around the world, changes in
political, business, and economic conditions, fluctuations in
earnings, fluctuations in foreign exchange rates, our ability to
manage growth, intense competition in IT services including those
factors which may affect 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, industry segment concentration, our
ability to manage our international operations, reduced demand for
technology in our key focus areas, disruptions in telecommunication
networks or system failures, our ability to successfully complete
and integrate potential acquisitions, liability for damages on our
service contracts, the success of the companies in which Infosys
has made strategic investments, withdrawal or expiration of
governmental fiscal incentives, political instability and regional
conflicts, legal restrictions on raising capital or acquiring
companies outside India,
unauthorized use of our intellectual property and general economic
conditions affecting our industry and the outcome of pending
litigation and government investigation. Additional risks that
could affect our future operating results are more fully described
in our United States Securities and Exchange Commission filings
including our Annual Report on Form 20-F for the fiscal year ended
March 31, 2020. These filings are
available at www.sec.gov. Infosys 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. The
Company does not undertake to update any forward-looking statements
that may be made from time to time by or on behalf of the Company
unless it is required by law.
Logo:
https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg