Wednesday, November 24, 2010

Logica on CDP leadership index for third consecutive year

The Carbon Disclosure Project (CDP), representing 534 institutional investors with $64 trillion in assets under management, has commended Logica for its approach to climate change disclosure and carbon management performance.


For a third consecutive year Logica is the only business and technology service company to feature in the CDP’s “Carbon Disclosure Leadership Index”. Logica has improved its performance on the Index by 10 points and is now in the top five of all IT companies globally.

Abhay Gupte, CEO, Logica, India says, “At Logica, we strive to deliver sustainable services to our clients. And being recognized as a global leader in IT services on CDP’s Leadership Index yet again is an excellent recognition of the efforts we have made internally and in our business.” Abhay goes on to say, “Implementing green practices makes good business sense. India has always been a strategic innovation hub for Logica globally and several of our sustainability-led solutions have their origins here. In addition, our internal green strategy has significantly reduced our carbon footprint in the country.”

Paul Dickinson, Executive Chairman of the Carbon Disclosure Project, commented: “The Carbon Disclosure Leadership Index recognises companies that demonstrate good internal data management practices for understanding greenhouse gas emissions, including energy use. Companies that make this index have also demonstrated clear consideration of how climate change is and will impact their business. As companies’ understanding of climate change issues grows, they are better placed to take positive action to manage and mitigate its risks.”

The FTSE 350 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net