GHG Emissions, Solar, Wind  -  October 8, 2024

Persistent Achieves Carbon Neutrality Early

Persistent Systems, a global digital engineering solutions company, announced that it achieved carbon neutrality for Scope 1 (direct emissions) and Scope 2 (indirect emissions) across its global operations for FY23-24 a year ahead of schedule. 

Persistent's carbon management plan focuses on enhancing energy efficiency through investments in renewable energy and the development of energy-efficient infrastructure, certified by the Indian Green Building Council (IGBC) and Leadership in Energy and Environmental Design (LEED).

The company has made the following strides in renewable energy adoption and resource management:

• 42% reduction in emissions through two windmills (2.1 MW each) and 2 MW solar rooftops.
• 39% of total energy usage globally from renewable energy sources with 44% in India.
• 16% of renewable energy needs are met through self-generated Renewable Energy Certificates (RECs) from its windmills.
• 45% of purchased International Renewable Energy Certificates (I-RECs) cover leased and overseas facilities.
• 121,035 trees contributing to carbon sequestration. 

Additionally, to offset Scope 1 emissions, Persistent has invested in high-quality carbon credits certified by VERRA, while reducing Scope 2 emissions through renewable energy sourcing and the purchase of I-RECs.

Persistent's investments in renewable energy projects and carbon offset programs aim to reduce emissions and support environmental initiatives, with a goal to achieve net-zero emissions across its value chain by 2050, following the Science-Based Targets Initiative (SBTi) roadmap.

"As the world faces increasing environmental challenges, we recognize our responsibility to contribute to a sustainable future,” said Dhanashree Bhat, Chief Operating Officer of Persistent, in a statement.  “Our commitment to ESG (Environmental, Social, and Governance) issues goes beyond the regulatory requirements — it is a strategic, transformative journey aimed at delivering long-term value for our clients, communities, and the environment. Achieving carbon neutrality for our Scope 1 and Scope 2 emissions is a critical milestone on our path to reaching net-zero by 2050. By aligning with the GHG Protocol and the Science-Based Targets Initiative, we are ensuring that our approach is both science-based and comprehensive, enabling us to effectively reduce our environmental footprint across all emission sources and contribute to global sustainability efforts."

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