Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, today announced that it has been recognized by
the Ethisphere Institute®, as one of the world’s most ethical
companies for the tenth year in succession.
The Ethisphere® Institute, the global leader in defining and
advancing the standards of ethical business practices, has
announced the list of 135 companies representing 47 industries from
across 22 countries who have earned their place in the coveted 2021
World’s Most Ethical Companies® list.
The World's Most Ethical Companies honour is reserved for only
those companies that prioritise ethical behaviour and understand
the correlation between values-based leadership and overall
business success. The recognition is a testimony to the company’s
unwavering commitment to integrity, fairness and transparency
backed by strong values which has made it a trusted global
brand.
Thierry Delaporte, CEO and Managing Director, Wipro
Limited, said, "Integrity and ethical behavior are central to
Wipro's culture and embodied in the ‘Spirit of Wipro'. To be named
as one of the world's most ethical companies for the 10th year in a
row is a testament to our commitment to business sustainability
practices, and transparent standards. We would like to share this
recognition with all our employees, as well as our stakeholders,
who respect our standards and enhance our capacity to excel.”
Timothy Erblich, CEO, Ethisphere, said, “While addressing
the tough challenges of 2020, we saw companies lead – above all
other institutions – on earning the trust of stakeholders through
resilience and a commitment to ethics and integrity. The World's
Most Ethical Companies honorees continue to demonstrate an
unwavering commitment to the highest values and positively
impacting the communities they serve. Congratulations to everyone
at Wipro for earning the World's Most Ethical Companies
designation."
The World’s Most Ethical Companies assessment is based upon the
Ethisphere Institute’s Ethics Quotient® (EQ) framework that
analyses over 200 data points on parameters such as culture,
environmental and social practices, ethics and compliance
activities, governance, diversity and initiatives to support a
strong value chain. The process captures the best practices of the
global organizations and presents each company with a comprehensive
analytical scorecard. This year, the process was streamlined, and
the question set expanded to gauge how applicants are adapting and
responding to the global health pandemic, environmental, social,
and governance factors, safety, equity, and inclusion, and social
justice.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and
advancing the standards of ethical business practices that fuel
corporate character, marketplace trust, and business success.
Ethisphere has deep expertise in measuring and defining core ethics
standards using data-driven insights that help companies enhance
corporate character and measure and improve culture. Ethisphere
honors superior achievement through its World’s Most Ethical
Companies recognition program and provides a community of industry
experts with the Business Ethics Leadership Alliance (BELA). More
information about Ethisphere can be found at
https://ethisphere.com.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
global information technology, consulting and business process
services company. We harness the power of cognitive computing,
hyper-automation, robotics, cloud, analytics and emerging
technologies to help our clients adapt to the digital world and
make them successful. A company recognized globally for its
comprehensive portfolio of services, strong commitment to
sustainability and good corporate citizenship, we have over 180,000
dedicated employees serving clients across six continents.
Together, we discover ideas and connect the dots to build a better
and a bold new future.
Forward-Looking Statements
The forward-looking statements contained herein represent
Wipro’s beliefs regarding future events, many of which are by their
nature, inherently uncertain and outside Wipro’s control. Such
statements include, but are not limited to, statements regarding
Wipro’s growth prospects, its future financial operating results,
and its plans, expectations and intentions. Wipro cautions readers
that the forward-looking statements contained herein are subject to
risks and uncertainties that could cause actual results to differ
materially from the results anticipated by such statements. Such
risks and uncertainties include, but are not limited to, risks and
uncertainties regarding fluctuations in our earnings, revenue and
profits, our ability to generate and manage growth, complete
proposed corporate actions, 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. The conditions caused by the COVID-19
pandemic could decrease technology spending, adversely affect
demand for our products, affect the rate of customer spending and
could adversely affect our customers’ ability or willingness to
purchase our offerings, delay prospective customers’ purchasing
decisions, adversely impact our ability to provide on-site
consulting services and our inability to deliver our customers or
delay the provisioning of our offerings, all of which could
adversely affect our future sales, operating results and overall
financial performance. Our operations may also be negatively
affected by a range of external factors related to the COVID-19
pandemic that are not within our control. Additional risks that
could affect our future operating results are more fully described
in our filings with the United States Securities and Exchange
Commission, including, but not limited to, Annual Reports on Form
20-F. 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.
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Purnima Burman Wipro Limited purnima.burman@wipro.com
Wipro (NYSE:WIT)
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