Mumbai: Indian IT consulting firms Tata Consultancy Services (TCS) and Infosys are ranked 7th and 8th greenest companies in the world in Newsweek's Green Rankings 2011.
Accenture (31) is the only other consulting firm in the top 50, though two IT manufacturers with significant consulting interests, IBM (2) and HP(15), do feature.
"We are very pleased to be recognized for our ongoing commitment to the environment. True to the Tata spirit, TCS regards climate change mitigation and environmental improvement as essential elements of its sustainable business philosophy. TCS' corporate sustainability efforts are focused on the four dimensions around the world — workplace, environment, community and marketplace. The first three are how TCS is focused on increasing its own greening as a company and the fourth one is how we influence our clients to be more green," said N Chandrasekaran, CEO and Managing Director, TCS.
Newsweek's Green Rankings compare the environmental footprint, management (policies, initiatives and controversies) and transparency of the biggest companies on the planet. Newsweek uses two environmental research organizations, Trucost and Sustainalytics, to produce the rankings, of 500 global and 500 US companies; they were first published in 2009.