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HCL Technologies Advances Sustainability Goals

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HCL Technologies (NSE:HCLTECH, BOM:532281) has made strides in its sustainability goals and commitment to becoming net zero by 2040.

The company logged a 55.84% drop in Scope 1 and 2 emissions from its fiscal year 2020 baseline ahead of its target of a 50% reduction by 2030, according to a Wednesday Indian bourse filing.

It has also reduced its total emissions footprint (Scope 1, 2, and 3) by 27.7% since fiscal year 2020, and energy consumption from conventional sources by 31%, with renewable energy now making up 49.79% of its total energy consumption.

HCL Tech also replenishes 51 times more water than it consumes globally, achieving a water consumption rate of 10.68 liters per capita per day.

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