Persistent Systems, a global pioneer in Digital Engineering and Enterprise Modernization, has made significant strides towards a sustainable future. The company announced that it has achieved carbon neutrality for Scope 1 (direct emissions) and Scope 2 (indirect emissions) across its global operations for FY23-24, one year ahead of schedule. This achievement, verified by DNV Business Assurance India Private Limited, underscores Persistent’s dedication to environmental responsibility and its commitment to supporting clients’ sustainability goals.
This milestone aligns with the UN Sustainable Development Goals and global efforts to limit global warming to 1.5°C and reach net-zero emissions by 2050, further solidifying Persistent’s reputation as a socially responsible enterprise. The company’s carbon management plan prioritizes enhancing energy efficiency through investments in renewable energy and the development of energy-efficient infrastructure. These efforts have been recognized with certifications from the Indian Green Building Council (IGBC) and Leadership in Energy and Environmental Design (LEED).
Persistent’s dedication to renewable energy is evident in its impressive progress:
*
42% reduction in emissions
through two windmills (2.1 MW each) and 2 MW solar rooftops.*
39% of total energy usage globally from renewable energy sources
, with 44% in India alone.*
16% of renewable energy needs are met through self-generated Renewable Energy Certificates (RECs)
from its windmills.*
45% of purchased International Renewable Energy Certificates (I-RECs)
cover leased and overseas facilities.Beyond renewable energy, Persistent has implemented comprehensive resource management initiatives, achieving:
*
99% recycling of waste generated across operations.
*
121,035 trees contributing to carbon sequestration.
*
28.3% reuse of treated wastewater in owned campuses within its facilities.
To further offset Scope 1 emissions, Persistent has invested in high-quality carbon credits certified by VERRA, while reducing Scope 2 emissions through renewable energy sourcing and the purchase of I-RECs. Persistent is committed to driving renewable energy adoption, optimizing energy use, and working with communities to address climate change. By collaborating with employees and stakeholders, the company has embedded sustainability at the core of its operations, ensuring long-term impact.
Persistent’s ambitious goal is to achieve net-zero emissions across its value chain by 2050, following the Science-Based Targets Initiative (SBTi) roadmap. Their investment in renewable energy projects and carbon offset programs demonstrates a commitment to reducing emissions and supporting environmental initiatives.
Dhanashree Bhat, Chief Operating Officer of Persistent, emphasizes the importance of their commitment to ESG (Environmental, Social, and Governance) principles: “As the world faces increasing environmental challenges, we recognize our responsibility to contribute to a sustainable future. Our commitment to ESG issues goes beyond the regulatory requirements—it is a strategic, transformative journey aimed at delivering long-term value for our clients, communities, and the environment. Achieving carbon neutrality for our Scope 1 and Scope 2 emissions is a critical milestone on our path to reaching net-zero by 2050. By aligning with the GHG Protocol and the Science-Based Targets Initiative, we are ensuring that our approach is both science-based and comprehensive, enabling us to effectively reduce our environmental footprint across all emission sources and contribute to global sustainability efforts.”
Sandeep Kumar Mohanty, Partner at PricewaterhouseCoopers Services LLP, recognizes the significance of Persistent’s achievement: “Persistent achieving carbon neutrality is a significant achievement, especially in the current global context where environmental sustainability is a pressing need. As the world grapples with the challenges of climate change, businesses playing a proactive role in reducing their carbon footprint are crucial. By prioritizing renewable energy and adopting comprehensive carbon offset programs, Persistent demonstrates dedication to environmental responsibility and long-term sustainability.”
Persistent Systems, with over 23,500 employees located in 19 countries, is a global services and solutions company dedicated to innovation and client success. They offer a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. They have been recognized as the “Most Promising Company” of the Year by CNBC-TV18 at the 2023 India Business Leader Awards. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as taking actions that advance societal goals.
