Recognized for demonstrating business integrity through
best-in-class ethics, compliance, and governance practices
BENGALURU, India, March 13, 2023 /PRNewswire/ -- Infosys (NSE:
INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation
digital services and consulting, today announced that it has been
recognized, by Ethisphere, a global leader in defining and
advancing the standards of ethical business practices, as one of
the 2023 World's Most Ethical Companies. Infosys received the
honour, for the third consecutive year, for demonstrating the high
standards of business integrity through best-in-class ethics,
compliance, and governance practices.
Infosys has become the only Company in India, and one of the four companies globally,
in the software and services industry to receive this recognition.
This recognition is awarded to global companies that have
exceptional business ethics and are committed to
advance business integrity.
Infosys has been recognized among 135 honorees spanning 19
countries and 46 industries. These companies were evaluated based
on the Ethisphere Ethics Quotient® across multiple categories,
including culture, environmental and social practices, ethics and
compliance, governance, diversity, and initiatives to support a
strong value chain.
"Ethics matter. Organizations that commit to business integrity
through robust programs and practices not only elevate standards
and expectations for all, but also have better long-term
performance," said, Ethisphere CEO, Erica Salmon Byrne. "We continue to be
inspired by the World's Most Ethical Companies honorees and their
dedication to making real impact for their stakeholders and
displaying exemplary values-based leadership. Congratulations to
Infosys for earning a place in the World's Most Ethical Companies
community."
Salil Parekh, Chief Executive
Officer and Managing Director, Infosys, said, "We are
honoured to be part of the 2023 World's Most Ethical Companies
community. This recognition is a testament to the strong foundation
of ethical business practices and accountability that we continue
to build on. As a responsible corporate entity, we are fully
committed to nurturing excellence and transparency of operations
and outcomes for the businesses that we drive."
The complete list of 2023 World's Most Ethical Companies can be
found here: 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 that 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. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, in more than 50 countries, as they navigate their digital
transformation powered by the cloud. We enable them with an
AI-powered core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, 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 and the US, 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, 2022.
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.
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