PR95811

ARLINGTON, Va., May 04, 2022 /PRNewswire=KYODO JBN/--

    Industrial companies consume over half of the energy and produce one-fifth

of greenhouse gas emissions globally, giving the sector a significant

opportunity to support climate initiatives. A new report from Manufacturers

Alliance Foundation and Infosys [https://www.infosys.com/] (NYSE: INFY),

"Delivering on Carbon Neutral Goals,"

[https://www.manufacturersalliance.org/research-insights/delivering-carbon-neutr

al-goals] outlines the progress manufacturers have made to-date on reducing

carbon emissions across three scopes: direct emissions, indirect emissions from

electricity purchases, and indirect emissions derived from a manufacturer's

value chain. The report also shares steps on how manufacturers can move forward

in reducing emissions and provides examples from manufacturing executives

across sectors at various  stages in their carbon neutrality journey.

    "The manufacturing sector is an important player in helping reduce the

global carbon footprint," notes Stephen Gold, President and CEO of

Manufacturers Alliance. "This report shines a light on where U.S. manufacturers

are today and how they can continue to support sustainability and growth."

    Findings include:

    - 45% of manufacturers are exploring how to expand their carbon footprint

initiatives, with 28% already expanding initiatives beyond factories.

    - The aerospace and automotive industries are ahead of the pack with over

30% of respondents, (which is more than double other industries covered in the

survey), saying they are tracking across all three scopes of emissions.

    - 94% of respondents noted that capturing a product's carbon footprint was

difficult as only 28% have a system in place to track the carbon footprint of

their products.

    - Digital technologies were identified as a key resource for emission

tracking, with four stages of maturity identified in the digitalization

journey. 45% of respondents are already using data to track and monitor

emissions.

    "Providing visibility and insights from manufacturing operations data is

key to accelerating progress on sustainability goals," says Jasmeet Singh,

Executive Vice President and Global Head of Manufacturing, Infosys.

"Digitalization tools will enable manufacturers to meet the sustainability

goals while continuing to optimize performance."

    About Manufacturers Alliance Foundation

    Manufacturers Alliance Foundation is the 501(c)(3) partner of Manufacturers

Alliance. The Alliance Foundation provides educational opportunities for the

manufacturing community and its stakeholders through insights, events, and

tools for today's most critical business decisions. The Alliance Foundation

focuses on talent, technology, digital transformation, and competitiveness.

Learn more about the Alliance Foundation: manufacturersalliance.org/foundation

[https://www.manufacturersalliance.org/]  

    About Manufacturers Alliance

    Manufacturers Alliance powers leaders. We bring together an unparalleled

network of manufacturing executives to advance their careers, grow their

companies, and support the whole community. We accomplish our mission through

peer communities, education, and business insights on the topics that matter

most to the sector. Learn more: manufacturersalliance.org.

[https://www.manufacturersalliance.org/]

    About Infosys

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

consulting. We enable clients in more than 50 countries to navigate their

digital transformation. With over 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 (NSE, BSE, NYSE: INFY) can help

your enterprise navigate your next.

    Safe Harbor

    Certain statements in this press release are forward-looking statements

intended to qualify for the 'safe harbor' under the Private Securities

Litigation Reform Act of 1995, including statements concerning our future

business opportunities and growth prospects.  Such forward-looking statements

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 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, 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, and unauthorized use of

our intellectual property and general economic conditions affecting our

industry. 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, 2021. These filings are available at https://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. In

addition, please note that any forward-looking statements contained herein are

based on assumptions that we believe to be reasonable as of the date of this

press release. 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.

    Media contact:

    Manufacturers Alliance

    Kristin Graybill

    703.841.9000

    news@manufacturersalliance.org

    Infosys

    PR_Global@infosys.com

    Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg

    Source - Infosys