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Tech Mahindra recognised as a winner of SEAL Business Sustainability Awards 2023
T echnology Mahindra has been recognised as one of the winners of the SEAL Business Sustainability Awards 2023 . Technology Mahindra was awarded under the SEAL ’ s Organisational Impact Award category . This prestigious accolade places Technology Mahindra among the world ’ s 50 most sustainable businesses , showcasing its steadfast dedication to sustainable practices and leadership in environmental , social , and governance , ESG standards .
Technology Mahindra ’ s recognition as a winner of the SEAL Organisational Impact Award highlights its commitment to pursuing Purpose Beyond Profits by embedding ESG principles into its core strategy while balancing sustainability and overall profitability . By combining these efforts , Technology Mahindra ensures a healthier planet for all and provides greater value for its shareholders .
Sandeep Chandna , Chief Sustainability Officer , Technology Mahindra , said , “ We are honoured to be recognised among the world ’ s 50 most sustainable businesses by the SEAL , Sustainability , Environmental Achievement , and Leadership . This accolade underscores our commitment to sustainability and environmental stewardship , driving transformative change and setting industry benchmarks . Technology Mahindra ’ s sustainability solutions driven by new-age technologies and decades of experience help customers ’ business model to scale at speed into a greener , better organisation .”
The methodology for the 2023 SEAL Awards involved a meticulous analysis of the Climate Change dimension of CDP ’ s 2023 A-List assessment , representing over 21,000 disclosing companies . This data was combined with the 2023 CSA , S & P Global ESG ratings , covering over 9400 companies .
The SEAL Awards team analysed the distribution of rankings for each CDP and CSA , determining a numerical equivalent score that captured an equal level of selectivity . The methodology reflects a 69 %
Sandeep Chandna , Chief Sustainability Officer , Technology Mahindra weighting on the environmental dimension , along with 17 % and 14 % weighting on social and economic dimensions , respectively . This comprehensive approach leveraged premier ESG data sets to select the 50 most sustainable companies in the world .
The SEAL Organisational Impact Award , a hallmark of excellence in sustainability , celebrates organisations demonstrating outstanding leadership , transparency , and commitment to sustainable business practices .
The 2023 award methodology combined two premier ESG data sets : the CDP A-List and the Corporate Sustainability Assessment , CSA , now part of S & P Global ESG Scores . This rigorous selection process underscores the importance of these assessments in identifying enterprises that excel in sustainability .
This award is a significant milestone for Technology Mahindra . It affirms the organisation ’ s dedication to sustainability and recognises its efforts to integrate ESG principles into every facet of its operations .
As a SEAL Organisational Impact Award winner , Technology Mahindra is poised to continue its journey towards creating a sustainable future , driving innovation , and setting new standards in the industry . Recently , Technology Mahindra was also recognised among World ’ s Most Sustainable Companies 2024 by TIME magazine and Statista . •
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