Wipro to reach net-zero greenhouse gas emissions by 2040

Wipro NSE -0.03 % on Thursday announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5C. Wipro, while unveiling its pledge on ‘Earth Day’, also set an intermediate target of a 55% reduction in GHG emissions by 2030 in absolute emission levels compared to its base year of 2016-17 (April-March), the Bengaluru-headquartered IT, consulting and business process services company said in a statement.

“These targets are based on the globally accepted Science Based Targets initiative (SBTi) and reflect the deep decarbonisation and operational changes Wipro will drive within its value chain to achieve Net-Zero within 2040”, it said.