Persistent Systems (With one year’s notice, the global leader in digital engineering and enterprise modernization announced today that, for FY23–24, it accomplished carbon neutrality for both Scope 1 (direct emissions) and Scope 2 (indirect emissions) across its global operations. This achievement, which was confirmed by DNV Business Assurance India Private Limited, highlights the company’s dedication to sustainability and its function in aiding clients’ environmental objectives. Complying with the United Nations Sustainable Development Goals and worldwide endeavors to contain global warming to 1.5°C and achieve carbon neutrality by 2050, it reinforces Persistent’s standing as an organization committed to social responsibility.
With certification from the Indian Green Building Council and Leadership in Energy & Environmental Design, Persistent’s carbon management plan is focused on increasing energy efficiency through investments in renewable energy and the creation of energy-efficient infrastructure. The business has advanced significantly in resource management and the use of renewable energy:
With certification from the Indian Green Building Council and Leadership in Energy & Environmental Design, Persistent’s carbon management plan is focused on increasing energy efficiency through investments in renewable energy and the creation of energy-efficient infrastructure. The business has advanced significantly in resource management and the use of renewable energy:
- 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.
- 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.
- 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.
Persistent has also made investments in premium carbon credits that have been VERRA-certified in order to offset Scope 1 emissions, and it has reduced Scope 2 emissions by sourcing renewable energy and acquiring I-RECs.
Persistent is dedicated to promoting the use of renewable energy, maximizing energy efficiency, and collaborating with local communities to combat climate change. The Company ensures long-term effect by integrating sustainability at the core of its operations through collaboration with stakeholders and workers. In addition, Persistent supports environmental activities and reduces emissions through its investments in carbon offset programs and renewable energy projects. By 2050, it hopes to achieve net-zero emissions across its value chain by adhering to the Science-Based Targets Initiative (SBTi) roadmap.
Dhanashree Bhat, Chief Operating Officer, Persistent
As environmental issues become more pressing worldwide, we understand that it is our duty to help ensure a sustainable future. Beyond the obligations of regulations, our commitment to ESG (Environmental, Social, and Governance) concerns is a deliberate, transformative journey that aims to provide long-term value for our clients, communities, and the environment. On our journey to being net-zero by 2050, reaching carbon neutrality for our Scope 1 and Scope 2 emissions is a crucial first step.We are ensuring that our strategy is comprehensive and grounded in science by aligning with the GHG Protocol and the Science-Based Targets Initiative. This will allow us to effectively reduce our environmental impact across all emission sources and make a contribution to global sustainability efforts.
Sandeep Kumar Mohanty, Partner, PricewaterhouseCoopers Services LLP
Maintaining carbon neutrality over time is a noteworthy accomplishment, particularly in light of the urgent need for environmental sustainability in the current global setting. Proactively decreasing their carbon footprint is imperative for businesses as the globe struggles with the effects of climate change. Persistent exhibits a commitment to environmental responsibility and long-term sustainability by making renewable energy a priority and implementing robust carbon offset initiatives.
