Launches Eco Eye, a corporation wide initiative, June 4, 2008, Bangalore
Wipro Limited launched Eco Eye a corporation wide initiative on ecological sustainability. Eco Eye is Wipro’s comprehensive program that drives increasing ecological sustainability in all its operations, as also areas of its influence. The initiative attempts to engage with increasing levels of intensity with all stakeholders – Wipro’s own employees, partners, suppliers, customers and immediate communities.
Mr. Azim Premji, Chairman, Wipro Limited, says, “We firmly believe business cannot be built at the cost of ecology. It is not sustainable. Ecological Sustainability will increasingly be the defining force for society and business globally. Wipro believes Ecological Sustainability this is the right thing to do – in fact is the only way forward.”
Wipro will work on the dimensions of carbon neutrality, water balance, waste management and bio-diversity. “Eco Eye is the “eye” through which we attempt to see everything, and act for ecological sustainability,” said, Mr.Premji.
Wipro has developed a framework for Ecological Sustainability that has five themes and seven goals identified for implementation. The Five themes include being an ecological surplus organization, larger sustainability initiatives beyond Wipro, profitable investments, transparent reporting, risk planning & mitigation.
The Company aims to become carbon neutral, water positive organization, achieve defined level of biodiversity footprint, set new standards in recycling waste and facilitate employees achieve a higher ecological footprint in their personal lives. It also aims to achieve transparency in sustainability reporting and incorporate the expected effects of climate change and other areas of environmental degradation into Wipro’s risk strategy
Wipro has taken up several initiatives in Ecological Sustainability. Some of the initiatives adopted to make its internal operations green has resulted in 13% reduction in average electricity consumption in 2007-08 over 2001-02 (from 338 Kwh per person to 294 Kwh per person) and meet 52% of its water requirement with recycled water. Its campus at Gurgaon and Kochi are rated Platinum and Gold rated green buildings respectively by LEED. Its operations are ISO 14001 certified.
On the customer front, Wipro is at the forefront to build green data centres, launch Greenware PCs, India’s first eco-friendly PC range, Eco-friendly Product Engineering Designs, E-Waste disposal Service and Water treatment solutions.
As part of its engagement with the Community, Wipro has undertaken mass tree plantation drive in Bangalore, Kochi, Delhi and Chennai. Its tree plantation in Tsunami affected area in Pushpavanam is a Guinness Record and provides coastal tree belt cover as protection against cyclones / floods.
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About Wipro Limited
Wipro Limited (NYSE:WIT) provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro’s ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
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Forward-looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, , liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at
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