Page 30 - SAMENA Trends - March-April 2025

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Tech Mahindra Recognized with a Double ‘A’ Score by CDP for Transparency

on Climate Change and Water Security

Tech Mahindra, a leading global provider of technology consulting
and digital solutions to enterprises across industries, announced
that it has been recognized in the prestigious ‘A List’ for both CDP
Climate Change and CDP Water Stewardship 2024. This recog-
nition underscores Tech Mahindra’s leadership in environmental
transparency, climate action, and water stewardship, position-
ing it among an elite group of global sustainability leaders. CDP
maintains the world's largest environmental database and plays a
critical role in driving investment and procurement decisions to-
ward a zero-carbon, sustainable, and resilient economy. In 2024,
over 24,800 organizations disclosed their environmental impact
to CDP, with Tech Mahindra emerging as a leader in sustainabil-
ity. This reinforces the company's commitment to promoting an
earth-positive future and accelerating the transition to a sustain-
able global economy. Sandeep Chandna, Chief Sustainability Offi-
cer, Tech Mahindra, said, “Tech Mahindra’s continued recognition
on CDP’s ‘A List’ across multiple categories underscores our stead-
fast commitment to tackling global sustainability challenges. With
a strong focus on climate action and water security, we recognize
the urgency of these issues amid growing environmental risks. Tech Mahindra in this journey to drive impactful sustainability ini-
We will continue to drive impactful change through innovation and tiatives and look forward to future collaborations.” In addition to
collaboration, ensuring a sustainable and resilient future for busi- climate action, Tech Mahindra has demonstrated a strong commit-
nesses, communities, and the planet.” Tech Mahindra has made ment to responsible restrictors and smart sensors to optimize con-
notable progress in its transition to clean energy, achieving 23% sumption, recycled over 290 million liters of wastewater through
renewable energy usage in 2024, with an ambitious target of reach- sewage treatment plants (STPs), and recharged 36 million liters of
ing 90% by 2030. It has also successfully reduced Scope 1 and 2 groundwater through rainwater harvesting systems. With a goal to
greenhouse gas (GHG) emissions by 31% from its 2016 baseline, become Water Positive by 2030, Tech Mahindra will continue to in-
aligning with its commitment to achieving Net Zero by 2035. This vest in innovative water conservation technologies and best prac-
achievement is driven by the implementation of energy-efficient in- tices, further strengthening its leadership in environmental stew-
frastructure, operational optimization, a sustainable supply chain, ardship. Tech Mahindra will continue to lead the way in delivering
green commuting initiatives, and stringent travel policies, under- comprehensive ESG solutions, empowering businesses to achieve
scoring Tech Mahindra’s commitment to building a low-carbon, re- their sustainability objectives while driving sustainable transfor-
silient future. Anjana Sharma, Head - Sustainability Services, India, mation. The company's offerings, which span expert consulting
DNV, said, “Tech Mahindra’s 'A' rating from CDP for Climate and services and ESG solutions, including ESG platforms and a dedi-
Water Security reinforces the credibility of its climate strategy and cated ESG talent pool, are designed to help customers meet their
ESG leadership. This recognition reflects the company’s steadfast sustainable goals. This comprehensive approach demonstrates
commitment to sustainability, transparency, and responsible busi- Tech Mahindra's commitment to enabling a green transformation
ness excellence, with technology serving as a key enabler of its for customers, integrating technology innovation with sustainable
sustainability initiatives. At DNV, we are proud to have supported practices to drive meaningful and measurable change.

Zain KSA Completes Major Digital Transformation
Program in Collaboration with Netcracker

Zain KSA announced that it has completed a large-scale digital experiences and scale up its business ecosystem and expansion
transformation program with Netcracker Technology. The across adjacent markets, including fintech, IoT and cloud
complex BSS/OSS transformation across all lines of business was computing services. The transformation also supports enhanced
successfully achieved in less than three years. With the new cloud- operational efficiencies, demonstrated through a 50 percent
based BSS/OSS in place, Zain KSA will further enhance customer decrease in product development time and customer line activation

30 MARCH-APRIL 2025