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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 ($)· normalised from INR at FY2022 avg rate
Peer cohort: Consulting · lower is better
Revenue intensity
Carbon / $m revenue
15.8tCO2e / $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 58% of peers
best 2.88n=17 peersworst 164
Operational intensity
Carbon / $m OpEx
tCO2e / $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.

Economic intensity
Carbon / $m EVIC
tCO2e / $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?

Asset intensity
Carbon / $m PP&E + leased
tCO2e / $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.

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 62% of peers
best 0.01n=21 peersworst 1.47

Climate action evidence

84 records · 3 sources · group of 3 entities
Consolidated view · Totals roll up retirements across the corporate group (3entities identified via GLEIF Level 2 hierarchy).
Net-zero claim · FY2040 · Achieved (externally validated) · nzt
Carbon neutral for 6 years in a row across Scope 1, 2 and 3 emissions. Reduced Scope 1 and 2 GHG emissions by 71% over the BAU scenario Reduced absolute Scope 3 emissions by 24.1% over the 2020 baseline Scope 1, 2 and 3 emissions reduction targets are aligned to well below 2-degree scenario (WB2DS) and validated by SBTi Infosys Carbon Neutrality Declaration: Carbon neutrality of global operations achieved by Infosys in accordance with ISO 14068-1 https://www.infosys.com/sustainability/docume
Carbon credits retired
564,444 tCO2e
39 retirements · FY2023 · third-party verified
No self-reported carbon removals for FY2023.
By credit quality
  • Avoidance / reductions418,576 tCO2e(74%)
  • Unclassified145,868 tCO2e(26%)
Retirements by year and credit class
2023
564ktCO₂e
2022
267ktCO₂e
2021
218ktCO₂e
AvoidanceUnclassified
Renewable electricity
58 %
Self-reported renewable electricity share, FY2023
RE100 member
Joined 2015 · target 2030
Sources
  • · gold_standard
  • · berkeley_voluntary_registry
  • · RE100
Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Strategy & approach

How the firm describes its decarbonisation approach in its own words — alongside the headline numbers above. Self-reported, page-cited.

Approach to renewable energy
60 MW installed solar + 57.9% renewable electricity for India operations

Infosys is the first Indian company to participate in the RE100 initiative. Has set up 14.4 MW of rooftop and ground mount solar PV panels plus a 40 MW captive solar power plant at Sira, Karnataka — totalling 60 MW installed solar capacity. Also procures green energy via third-party power purchase agreements (PPAs) and uses green tariff mechanisms for C&I consumers in Hyderabad and Bhubaneshwar. As a result, 57.9% of electricity for India operations comes from renewables. Target: 75% renewable energy globally by 2030.

Self-reported · FY2023 · p.13
Approach to carbon removals
Community-based carbon offsets (cookstoves, biogas) — not durable removals

Infosys offsets unavoidable emissions through grassroots social development projects in rural India. Since 2016, implemented 8 efficient cookstove projects, 4 biogas projects, plus rural electrification and integrated community projects. Over 240,000 rural families continue to benefit. These are avoidance-based community offsets rather than durable carbon removals (DAC/BECCS/biochar).

Self-reported · FY2023 · p.14
Primary decarbonisation levers
  • Energy efficiency in green-certified buildings + Command Center monitoring

    Buildings are the primary energy consumers. Infosys has 28.9 mn sq.ft. with the highest level of green certification and monitors 35 mn sq.ft. of office space through its Command Center which schedules 'auto-pilot operations' using built-in intelligence. Focus areas: lighting, air-conditioning, automation, UPS, building façade, data centers and server rooms. Energy intensity reduced from 13.0 to 10.96 MWh/US$ mn revenue.

  • Scope 2: low-EPI new buildings + retrofit existing + renewable sourcing

    Scope 2 strategy: design and build or lease new offices with low Energy Performance Index (EPI), retrofit old buildings to improve EPI, and source renewable power. Combined with energy efficiency, achieved 49.92% reduction in Scope 1+2 GHG emissions over the BAU scenario.

  • Scope 1: DG set efficiency, HVAC fugitive emissions, EV transition

    Scope 1 levers include better operational efficiency of Diesel Generator sets, better management of fugitive emissions from HVAC units, and transition to Electric Vehicles (EVs) for company-owned vehicles.

  • Employee commute decarbonisation (EV cabs, carpooling, buses)

    Provision of buses for mass transport, promotion of carpooling, EV cabs (over 1,12,000 km traveled using EV cabs), and ~741 EV charging points installed at campuses. Promotes low/zero-emission commute modes among employees.

  • Business travel reduction

    High-quality video conferencing facilities, carbon footprint alerts integrated into travel booking, and EV cabs to optimize business travel emissions. FY22 business travel emissions were 19,695 tCO2e.

  • Energy efficiency, green buildings & smart automation

    Buildings are our largest source of energy use. We pursue retrofits to lighting, HVAC, UPS, façade, data centers; 28.61 mn sq. ft. have highest-rated green building certification (LEED Platinum / IGBC); 35 mn sq. ft. covered by smart automation BMS. Over 15 mn sq. ft. retrofitted under fresh-air program. Energy intensity reduced from 22.4 to 10.57 MWh/US$ mn from FY20 to FY22.

  • Hybrid working model to reduce commute & office emissions

    The Infosys Hybrid working model toggles between work modes to reduce commute and office energy footprint while keeping productivity. 97% of employees leveraged remote/flexible work options in FY22.

  • Remote work / business travel reduction

    96.5% of workforce working remotely in FY21. Enabling WFH reduced overall Scope 1, 2 and 3 emissions by ~46% (for emission categories within carbon neutrality boundary). Business travel emissions only 8,068 tCO2e (2.7% of total) and employee commute 4,717 tCO2e (1.6%) in FY21 — though WFH added 64,634 tCO2e (22.1%).

  • Building energy efficiency & green-building standards

    Over 26 mn Sq.ft of workspace accorded highest level of green building certification. In FY21 implemented 15+ energy efficiency projects across HVAC and lighting (e.g. Pune campus 9,000 CFL→LED retrofit saving ~0.8 mn kWh/yr; R-22 refrigerant phase-out saving 1.18 mn kWh/yr). Smart automation deployed across 30 mn Sq.ft. Electricity intensity dropped from 23.6 to 13.0 MWh/US$ mn revenue between FY19 and FY21.

Dependent decarbonisation levers
  • Capital goods: life-cycle approach + supplier ESG

    Adopting a life cycle approach (LCA) for capital goods and buildings to consider upstream/downstream emissions. Building LCA used to compare alternative materials and construction tech. Driving climate action across supply chain — committed to ESG assessments for top 100 suppliers; 46 completed to date.

  • Scope 3 employee commuting: hybrid work + EVs + carpooling

    Scope 3 strategy includes hybrid working model (~75% of employees leverage remote working), promoting EVs among employees, promoting carpooling, public transport, and low to zero-emission modes of commute. Reduced absolute Scope 3 emissions by 50.15% over the 2020 baseline.

  • Business travel optimization

    Business travel is being actively optimized as part of Scope 3 reduction strategy. Major events organized by Infosys in 2023 made carbon neutral with detailed travel emissions calculated and compensated by Infosys carbon credits.

  • Green data centers (PUE 1.67 weighted avg)

    Data centers account for ~10% of global power consumption. We targeted PUE <1.12 (vs global avg 1.8); achieved weighted-average PUE of 1.67 across India sites (range 1.35-2.76). Through high-density virtualization 70+ racks released; chilled-water in-row cooling with hot/cold aisle containment, passive cooling, smart PDU and BMS deployed.

  • Supply chain / capital goods ESG engagement

    Capital goods is the largest single scope-3 category at Infosys (66,558 tCO2e in FY22). We initiated an ESG assessment of our top 25 suppliers (40% covered) and launched a broader responsible supply chain assessment covering top 100 suppliers, addressing governance, ethics, labor, H&S and environment per Infosys SCoC.

  • Responsible supply chain & Supplier Code of Conduct

    1,587 suppliers assessed for social and environmental impact in FY21; 248 identified as having significant impact and reviewed; one vendor terminated. 71% of spend is local (India). All key suppliers sign Supplier Code of Conduct covering ABAC, human rights and sustainability. ESG due diligence performed on all new suppliers via third-party tool.

  • Client low-carbon transition (Sustainability Practice Unit)

    Set up Sustainability Practice Unit in 2020. Completed 20+ projects in FY21 facilitating client decarbonisation across CCUS, energy storage, renewables, energy efficiency, brownfield modernization, clean energy generation/trading and electric mobility. Signed MoU with bp to develop integrated energy-as-a-service platform piloted at Pune campus.

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 46

full news log →
  • TRUE Zero Waste Certification journey

    Embarked on journey to obtain TRUE Zero Waste Certification through GBCI for owned campuses in Bengaluru, Chennai and Pune; targeting zero waste to landfills by 2030.

    2023
  • Primary: Energy efficiency in green-certified buildings + Command Center monitoring

    Buildings are the primary energy consumers. Infosys has 28.9 mn sq.ft. with the highest level of green certification and monitors 35 mn sq.ft. of office space through its Command Center which schedules 'auto-pilot operations' using built-in intelligence. Focus areas: lighting, air-conditioning, automation, UPS, building façade, data centers and server rooms. Energy intensity reduced from 13.0 to 10.96 MWh/US$ mn revenue.

    2023
  • ISO 27701 Privacy Information Management certification

    Among the first organizations globally certified for ISO 27701 privacy information management standard framework.

    2023
  • UN SDG mapping

    ESG ambitions mapped to UN Sustainable Development Goals throughout the report.

    2023
  • Community-based carbon offsets (cookstoves, biogas) — not durable removals

    Infosys offsets unavoidable emissions through grassroots social development projects in rural India. Since 2016, implemented 8 efficient cookstove projects, 4 biogas projects, plus rural electrification and integrated community projects. Over 240,000 rural families continue to benefit. These are avoidance-based community offsets rather than durable carbon removals (DAC/BECCS/biochar).

    2023

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 ↗