good practices - infosys

Upload: shashank-jogani

Post on 07-Jan-2016

216 views

Category:

Documents


0 download

DESCRIPTION

Sustainable Practices by Infosys

TRANSCRIPT

- Shashank Jogani S.Y. BFM Roll No 28

INDEXSR. NO.TOPICPAGE NO.

1. ACKNOWLEDGEMENT2

1. BUILDING TOMORROW'S SUSTAINABLE ENTERPRISE3

1. CHALLENGES6

1. OPPORTUNITIES7

1. BIBLIOGRAPHY8

ACKNOWLEDGEMENTI have taken efforts in this project. However, it would not have been possible without the kind support and help of many individuals and others. I would like to extend my sincere thanks to all of them.I am highly indebted to H.R College and the teaching faculty for their guidance and constant supervision as well as for providing necessary information regarding the project and also for their support in completing the project.I would like to express our gratitude towards my parents, fellow friends and the teacher for their kind co-operation and encouragement which helped me in completion of this project.My thanks and appreciations also goes to all those who have in some ways helped me in developing the project and people who have willingly helped me out with their abilities.

INFOSYSBUILDING TOMORROW'S SUSTAINABLE ENTERPRISECXOs are increasingly looking at Sustainability as one of the most important challenges facing their business and also as an opportunity to build competitive advantage.In the next few years, companies will grapple with the execution challenges of meeting Sustainability goals. Successful execution of complex Sustainability initiatives will have a profound transformational impact and will influence the entire ecosystem including clients, employees, partners, suppliers, local communities and society at large.Infosys' sustainability policy is guided by the principle of a sustainable ecosystem. It believes that our growth should contribute to the progress of our constituents and stakeholders. Infosys has always adopted a sustainable approach to business. It is aware that growth is inextricably linked to the well-being of our ecosystem - employees and business partners, local communities and the environment.Infosys focuses on helping clients in 'Building Tomorrow's Enterprise' and 'Sustainable Tomorrow' is central to this strategic market focus. Their Sustainable Tomorrow framework addresses three key dimensions: Social ContractIt addresses the need for businesses to be granted an implicit license by key stakeholders to conduct their business in a transparent and a sustainable manner. This enhances brand value and reputation based on real initiatives that make a real impact on environment, social and economic issues

Resource IntensitySeeks ways to do more with less, conserving precious natural resources, eliminating waste, reusing/ recycling raw materials and finding suitable substitutes. These include achieving energy efficiency across the enterprise, lowering CO2 emissions to meet emerging regulations as well as lowering cost and improving efficiency

Green InnovationAddresses issues around skill sets, innovation and collaboration frameworks, partnerships and alliances, co-creation, research and analytics. Outcomes include building new products and services for the Sustainability market, thereby creating new engines for growth and profits

CHALLENGES Complexity and transformative nature of enterprise-wide Sustainability initiatives: Successful Sustainability initiatives demand an intimate understanding of the business, Sustainability goals and metrics to measure success, enterprise data models, enterprise technology architecture and footprint, effective communications, program and change management, and executive sponsorship Skill scarcity: There is a scarcity of experienced Sustainability consultants in the areas of carbon management, Sustainability reporting, green IT, energy efficiency, corporate social responsibility and related areas. Organizational and behavioural change: Most Sustainability initiatives need to percolate deep into organizational processes. This will requiresignificant employee engagement, change management, education and training efforts. Budgets:Organizations need to aggressively make investments in their Sustainability initiatives while constantly driving ways to lower the cost of ownership and establish clear ROI.

OPPORTUNITIES Align Sustainability with the organizations core strategy and values to ensure that it is a guiding principle in all initiatives. Build brand and reputation around Sustainability and improve engagement with employees, customers, investors, suppliers and other stakeholders. Tap new markets, customer segments and revenue streams through innovative new products and services that are inspired by Sustainability goals. Manage regulatory compliance needs and risks arising from energy and resources price / supply volatility.

BIBLIOGRAPHY http://www.infosys.com/sustainability/Documents/infosys-sustainability-report-1011.pdf http://www.infosys.com/sustainability/green-innovation/Pages/index.aspx http://www.infosys.com/sustainability/resource-efficiency/Pages/index.aspx http://www.infosys.com/sustainability/Documents/growing-responsibly.pdf http://www.infosys.com/sustainability-services/Pages/index.aspx http://www.infosys.com/investors/pages/index.aspx http://www.infosys.com/investors/reports-filings/Pages/index.aspx