The Index is made up of companies that have taken a leadership role in disclosing their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investing, Wipro said in a statement.
The NASDAQ OMX CRD Global Sustainability Index is an equally weighted equity index that serves as a benchmark for stocks of companies that are taking a leadership role in sustainability performance reporting and are traded on a major US stock exchange.
These are companies that are voluntarily disclosing their current environmental, social and governance risks as well as their revenue opportunities and how they may affect future performance. The Index is evaluated on a semi-annual basis in May and November, the release added.
The company is also ranked first among Indian companies in the 2010 Asian Sustainability Rating (ASRTM). Released in September, the ASRTM 2010 analyses the publicly available information of the 542 largest listed companies in 10 Asian countries.
The rating provides companies, investors and other stakeholders a view of the strategic sustainability of these companies.
