RVBA-INFYListed

Infosys

Consulting·Information Technology Services
INFY (New York Stock Exchange)·Bengaluru·IN
Verified credentials
CDP ClimateA2022PAS 2060 Carbon NeutralPAS 20602022SBTi Validated
Company website
Decarbonisation trajectory · all scopes
Scope 1 + 2· base 2020 · 77k tCO2eScope 3· base 2020 · 214k tCO2e

Headline intensities

Reporting year 2022·Values in USD ($)
Peer cohort: Consulting · lower is better
Revenue intensity
Carbon / $m revenue
15.0tCO2e / $m

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

Above median
better than 56% of peers
best 2.88n=16 peersworst 164
Operational intensity
Carbon / $m OpEx
19.5tCO2e / $m

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

Above median
better than 50% of peers
best 4.80n=15 peersworst 479
Economic intensity
Carbon / $m EVIC
2.28tCO2e / $m

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

Top quartile
better than 75% of peers
best 2.10n=6 peersworst 13.8
Asset intensity
Carbon / $m PP&E + leased
101tCO2e / $m

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Above median
better than 52% of peers
best 10.7n=14 peersworst 20.8k
Workforce intensity
Carbon / FTE
0.19tCO2e / FTE

Carbon per FTE (full-time-equivalent employee) — the diagnostic measure for people-leveraged businesses where headcount, not capital, drives delivery. Captures the office, energy and travel footprint per person.

Above median
better than 57% of peers
best 0.01n=19 peersworst 5.66

Climate action evidence

28 records · 2 sources
Carbon credits retired
342,917 tCO2e
27 retirements · FY2021–2023 · third-party verified
By credit quality
  • Avoidance / reductions278,001 tCO2e(81%)
  • Unclassified64,916 tCO2e(19%)
Retirement records(top 8 by volume of 27)
  • 2022 The Breathing Space Improved Cooking Stoves Programme India ‚Äì VPA No. 16 Envirofit · gold_standard76,100 tCO2e
  • 2023 Promotion of clean cooking solutions in rural India by Infosys ‚Äì VPA 1 · gold_standard64,213 tCO2e
  • 2023 Ramanagara Biogas Project version 02; 10th November 2010 · gold_standard48,113 tCO2e
  • 2023 The Breathing Space Improved Cooking Stoves Programme India ‚Äì VPA No. 16 Envirofit · gold_standard46,065 tCO2e
  • 2022 Improved Woodstoves in Udaipur - Helping Women and Environment · gold_standard36,617 tCO2e
  • 2023 Improved Woodstoves in Udaipur - Helping Women and Environment · gold_standard33,077 tCO2e
  • 2022 Ramanagara Biogas Project version 02; 10th November 2010 · gold_standard18,648 tCO2e
  • 2023 The Breathing Space Improved Cooking Stoves Programme India ‚Äì VPA No. 16 Envirofit · gold_standard13,721 tCO2e
+ 19 more retirements not shown
Renewable electricity
58 %
Self-reported renewable electricity share, FY2023
RE100 member
Joined 2015 · target 2030
Sources
  • · berkeley_voluntary_registry
  • · RE100
Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Targets

Near-term

7 targets
ScopeBaseTargetReductionAlignmentProgressStatus
Scope 1 + 2Absolute20202035−38%Well-below 2°C
21.5% reductionof −38% target · 57% there
On track
Scope 1 + 2Absolute20202025−13%Well-below 2°C
21.5% reductionof −13% target · 172% there
On track
Scope 1 + 2Absolute2020203034,852 tCO2eNot validatedabsolute-value target
Scope 1 + 2 + 32030Achieved (externally validated)absolute-value target
Scope 3Absolute20202025−13%
16.0% reductionof −13% target · 128% there
On track
Scope 3Absolute20202035−38%
16.0% reductionof −38% target · 43% there
On track
Scope 3Absolute20202030106,051 tCO2eNot validatedabsolute-value target

Net zero

1 target
ScopeBaseTargetReductionAlignmentProgressStatus
Scope 1 + 2 + 3Absolute20202040Achieved (externally validated)absolute-value target

⚠ Some targets show progress vs the earliest extracted year as a baseline approximation. The real base-year value will be used once historical reports are extracted.

Progress · absolute tCO2e

Scope 1 + 2 trajectory vs target
Scope 1 + 2 · 37.5% by 2035 · Well-below 2°C
ActualLinear1.5°C
Scope 3 trajectory vs target
Scope 3 · 12.5% by 2025
ActualLinear1.5°C

Latest news· last 5 of 18

full news log →
  • ESG Vision 2030 ambitions

    ESG Vision 2030 includes maintaining carbon neutrality, 75% Scope 1+2 reduction (corresponding to 75% renewable energy globally), 30% Scope 3 reduction vs 2020 baseline, 100% wastewater recycling, zero waste to landfill, 45% women workforce by 2030, 10 million people digitally skilled by 2025.

    2023
  • Net zero by 2040 commitment via Climate Pledge

    Infosys committed to net zero by 2040 through The Climate Pledge with Amazon and Global Optimism. Emission reduction targets validated by SBTi. ESG Vision 2030 includes 75% absolute Scope 1+2 reduction and 30% absolute Scope 3 reduction (vs 2020 baseline including business travel, employee commute, T&D losses).

    2023
  • Supplier ESG assessments expanded

    In 2021 Infosys committed to assess top 100 suppliers on ESG over 4 years. As of fiscal 2023, 46 supplier ESG assessments completed (covering governance, ethics, labor practices, human rights, health & safety, environment).

    2023
  • KPMG external assurance for select non-financial disclosures

    Select non-financial sustainability disclosures assured by KPMG Assurance and Consulting Services LLP; internal review by Corporate Certifications and Assessments Team (CCAT).

    2023
  • Responsible supply chain ESG assessment launched for top 100 suppliers

    In fiscal 2022 Infosys launched an independent responsible supply chain assessment covering its top 100 suppliers over four-five years, baselining ESG performance across governance, ethics, labor, human rights, health and safety, and environment.

    2022

Latest reporting year· 6 earlier years on Data-by-year tab

all years + ratios →

2026

reporting year
Financials
Revenue20.16BUSD
OpEx16.07BUSD
FTE
Market cap (FY-end)53.98BUSD
Climate
Scope 1
Scope 2 (market)
Scope 2 (location)
Scope 3 total

Source documents· FY2023· 2 earlier docs on Data-by-year tab

all documents →
sustainability report2023
via responsibility reports · 6.1 MB
extractedOPEN PDF ↗