Cognizant has announced it will achieve net zero emissions by 2030 – a new milestone set out as part of the company’s ongoing environmental, social and governance agenda to become a more sustainable business.
Cognizant plans to reduce emissions from its global operations and supply chain by 50 percent by 2030, and by 90 percent by 2040. Remaining emissions will be negated with carbon offsets.
Specific initiatives will include the development of a science-based emissions reduction target that will be submitted for third-party validation with the Science Based Targets initiative (SBTi) and ongoing investments in renewable energy and new energy efficient equipment and technologies across Cognizant’s owned offices and data centres across the world.
Brian Humphries, Cognizant CEO, said: “Climate change is widespread, rapid and intensifying. As a global company, we take seriously our responsibility to leverage our expertise and resources to help address climate change. I am proud to announce that Cognizant commits to achieve net zero emissions by 2030. We will also extend our expertise in cloud, IoT and AI to help our global 2000 clients meet their sustainability goals, reduce their carbon footprints and sharpen their competitiveness.”
Sophia Mendelsohn, chief sustainability officer and head of ESG at Cognizant, added: “We designed Cognizant’s net zero roadmap to marshal the global resources of a fortune 200 technology services company to help accelerate the world’s movement to a low-carbon economy. Through our goal, we will strengthen the demand for renewable energy and energy efficient technology.”