Recognized for robust ESG leadership and for driving breakthrough transformation in the BFS sector through Infosys’ Fintech Ecosystem
Bengaluru, India – June 23, 2022
Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has won two HFS OneOffice™ Awards in the ‘Sustainability’ and ‘Innovation Ecosystem’ categories. The recognition by HFS Research, a leading global analyst firm, attests to Infosys’ overall environmental, social, and governance (ESG) leadership across both its own internal and ecosystem sustainability along with the ability to meet clients’ complex needs through Infosys' Fintech Ecosystem.
Infosys was recognized as a winner among 200 entries for demonstrating excellence and consistency in driving unmatched value for its clients while making a positive impact on both global and local environments, communities, societies, and economies.
Infosys won the HFS OneOffice™ Award in the sustainability category for aligning its capabilities across consulting, technology, and business services to provide sustainability services as distinct client offerings and a native portfolio element. Infosys was distinguished for leveraging its proprietary tools, platforms, and sustainability-focused partner ecosystem to effectively address all 17 UN Sustainable Development Goals (SDGs) in line with its ESG vision. The award additionally emphasized Infosys’ efforts to impart education through the Infosys Springboard platform as part of its corporate social responsibility (CSR) strategy to develop life skills and technical skills that expand opportunities for communities, while promoting gender parity, diversity, and inclusion.
Joshua Matthews, Practice Leader at HFS Research said “Infosys is one firm to watch in 2022 and beyond, as sustainability is set to dominate the agenda of all organizations for the next half-century. Having achieved carbon neutrality across its value chain in 2020, Infosys now hopes to positively impact 80 million lives by 2025 and invest heavily in efforts to restore biodiversity, particularly in locations where it operates. With further plans to deliver sustainability services to clients by 2025, Infosys is a clear leader in the field and a very worthy winner of the Sustainability category of the HFS OneOffice™ Awards.”
Infosys Fintech Ecosystem, an initiative to set up a marketplace for fintech players, incubators, and accelerators to connect to an existing wealth of markets and clients across geographies, won the HFS OneOffice™ Award in the Innovation Ecosystem category for enabling seamless business transformation for clients and partners in the banking and financial services sector globally. Infosys was recognized for its ability to help clients orchestrate their technology partnerships while keeping pace with rapid innovation to stay relevant and drive long-term success.
“HFS selected Infosys as the winner in the Innovation Ecosystem category of the HFS OneOffice™ Awards because of the unique ecosystem Infosys created to address its clients’ complex needs.” Hridika Biswas, Senior Analyst at HFS Research, continues, “The Infosys Fintech Ecosystem enables collaboration on joint service offerings and solutions development to drive breakthrough transformations in the banking and financial services (BFS) sector. Congratulations to Infosys for this comprehensive achievement.”
Mohit Joshi, President, Infosys, said, “We are deeply honored to have won the prestigious HFS OneOffice™ Awards that recognize our efforts in driving sustainability, nurturing business innovation, and expanding opportunities for the communities we operate in. While this recognition reenergizes our commitment to orchestrate a sustainable business ecosystem, it also acknowledges our ability to deliver purposeful transformation, modernization and optimization solutions for our clients.”
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.
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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.
For more information contact: PR_Global@infosys.com