PR88201

BENGALURU, India, February 23, 2021 /PRNewswire=KYODO JBN/ --

    Infosys [https://www.infosys.com/] (NYSE: INFY), a global leader in

next-generation digital services and consulting, today announced that it has

been recognized by Ethisphere Institute [https://ethisphere.com/], the global

leader in defining and advancing the standards of ethical business practices,

as one of the world's most ethical companies for 2021. Infosys was

distinguished for its undiluted commitment towards integrity and making

value-based decisions. Through this coveted recognition, Infosys has become one

of only four honorees in the Software & Services Industry globally, and one of

the only three honorees in India.

   In 2021, 135 honorees were recognized spanning 22 countries and 47

industries. This year, the process was streamlined, and question set expanded

to gauge how companies are adapting and responding to the global health

pandemic, environmental, social and governance factors, safety, equity,

inclusion, and social justice. Infosys showcased a strong connection between

ethical practices and solid performance in the global market. The recognition

additionally spotlighted Infosys in the areas of ethics and compliance,

diversity, governance, and social initiatives.

    Timothy Erblich, Chief Executive Officer of Ethisphere, said, "2020 ushered

many hardships for the world putting us through one of the most difficult tests

of all times. While addressing various tough challenges, we saw companies not

just working towards earning the trust of stakeholders through resilience and a

commitment to ethics, transparency, and integrity but advancing their corporate

cultures for the greater good. We are delighted to acknowledge Infosys for its

firm commitment to creating the highest value for the communities they serve

while prioritizing social imperatives. We would like to congratulate everyone

at Infosys for earning this designation."

    Salil Parekh, Chief Executive Officer and Managing Director, Infosys, said,

"We are extremely honored to receive this prestigious recognition from the

Ethisphere Institute. Flawless execution with integrity and compliance is the

cornerstone of our continued success, and we firmly believe that an

integrity-based approach greatly influences business success. Infosys' core

values are the foundation on which we have built our success over the years.

This acknowledgement further encourages us to stay committed to operate with

high ethical standards and transparency, especially in these unprecedented

times."

    The complete list of 2021 World's Most Ethical Companies can be found at:

https://worldsmostethicalcompanies.com/honorees

Methodology & Scoring

Grounded in Ethisphere's proprietary Ethics Quotient®, the World's Most Ethical

Companies assessment process includes more than 200 questions on culture,

environmental and social practices, ethics and compliance activities,

governance, diversity and initiatives to support a strong value chain. The

process serves as an operating framework to capture and codify the leading

practices of organizations across industries and around the globe.

    About Infosys

    Infosys is a global leader in next-generation digital services and

consulting. We enable clients in 46 countries to navigate their digital

transformation. With nearly four decades of experience in managing the systems

and workings of global enterprises, we expertly steer our clients through their

digital journey. We do it by enabling the enterprise with an AI-powered core

that helps prioritize the execution of change. We also empower the business

with agile digital at scale to deliver unprecedented levels of performance and

customer delight. Our always-on learning agenda drives their continuous

improvement through building and transferring digital skills, expertise, and

ideas from our innovation ecosystem.

   Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your

enterprise navigate your next.

    Safe Harbor

    Certain statements in this release concerning our future growth prospects,

financial expectations and plans for navigating the COVID-19 impact on our

employees, clients and stakeholders are forward-looking statements intended to

qualify for the 'safe harbor' under the Private Securities Litigation Reform

Act of 1995, which involve a number of risks and uncertainties that could cause

actual results to differ materially from those in such forward-looking

statements. The risks and uncertainties relating to these statements include,

but are not limited to, risks and uncertainties regarding COVID-19 and the

effects of government and other measures seeking to contain its spread, risks

related to an economic downturn or recession in India, the United States and

other countries around the world, changes in political, business, and economic

conditions, fluctuations in earnings, fluctuations in foreign exchange rates,

our ability to manage growth, intense competition in IT services including

those factors which may affect our cost advantage, wage increases in India, our

ability to attract and retain highly skilled professionals, time and cost

overruns on fixed-price, fixed-time frame contracts, client concentration,

restrictions on immigration, industry segment concentration, our ability to

manage our international operations, reduced demand for technology in our key

focus areas, disruptions in telecommunication networks or system failures, our

ability to successfully complete and integrate potential acquisitions,

liability for damages on our service contracts, the success of the companies in

which Infosys has made strategic investments, withdrawal or expiration of

governmental fiscal incentives, political instability and regional conflicts,

legal restrictions on raising capital or acquiring companies outside India,

unauthorized use of our intellectual property and general economic conditions

affecting our industry and the outcome of pending litigation and government

investigation. Additional risks that could affect our future operating results

are more fully described in our United States Securities and Exchange

Commission filings including our Annual Report on Form 20-F for the fiscal year

ended March 31, 2020. These filings are available at www.sec.gov. Infosys may,

from time to time, make additional written and oral forward-looking statements,

including statements contained in the Company's filings with the Securities and

Exchange Commission and our reports to shareholders. The Company does not

undertake to update any forward-looking statements that may be made from time

to time by or on behalf of the Company unless it is required by law.

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    Source: Infosys