Mphasis Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024, 2023-24, 2022-23, 2021-22

Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

⚡
Renewable Energy
49%
of total energy

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-2417.3K tCO2e/year
2022-2318.8K tCO2e/year (Scope 1 & 2)
2021-2218.2K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce energy consumption by 5% and carbon footprint by 1% year-on-year.

📅 Medium-term

  • Achieve carbon neutrality by 2030

🌱 ESG Focus Areas

EnvironmentLabor and Human RightsGovernanceEthicsClimate Strategy

⚠️ Challenges & Risks +

  • Geopolitical Risks: Heightened geopolitical tensions and disputes pose a risk of disruption to global operations, including supply chain interruptions. Indirect impact in terms of rising costs, inflation and higher interest rates impacts company growth.
  • Technology Obsolescence: Rapid technological advancements may render existing solutions obsolete.
  • Business Concentration: Dependency on a few key clients or markets exposes us to the risk of revenue volatility.
  • Competition and outsourcing risks: Mphasis faces a risk when the IT units or Global Innovation / Capability Centers (GICs or GCCs) of our existing and potential clients choose to build technology skills in-house instead of outsourcing to technology firms.
  • Business delivery: Inefficient business delivery processes or disruptions in service delivery could lead to client dissatisfaction and reputational damage.
  • Foreign currency fluctuations: Exposure to fluctuations in foreign exchange rates may impact financial performance and profitability.
  • Higher for longer inflation and interest rates: A sustained period of high inflation and elevated interest rates pose a significant threat to our US mortgage loan processing business.
  • M&A Risks: Integration challenges arising from mergers and acquisitions could result in operational inefficiencies and cultural mismatches.
  • Limited work visas impacting talent supply: Legislative changes that limit the availability of work visas can potentially impact outsourcing.
  • Risk of fraud (including bribery): Bribery or other fraudulent practices pose a significant threat to our company's ethical standing.

📋 Report Information

Reporting Period: 2024
Frameworks: S&P Global ESG Score, EcoVadis Sustainability Rating, CRISIL ESG Score