EXL releases fourth annual Sustainability Report
October 17 2023 - 8:05AM
EXL (NASDAQ: EXLS), a leading global data analytics and digital
operations and solutions company, announced that it has published
its fourth annual Sustainability Report, which highlights its
progress across key environmental, social and governance (ESG)
performance metrics. The report is available on the Company’s
website here.
“Sustainability holds a central place in our company's mission
and purpose and we integrate sustainability into our strategic
vision, organizational culture, brand identity, and the solutions
and services we provide to our customers,” Rohit Kapoor EXL’s vice
chairman and chief executive officer. “We are proud to be
recognized for our ESG initiatives; EXL was honored for the second
consecutive year as one of America's Most Responsible Companies by
Newsweek and Statista, Inc. and earned a coveted 'Gold' rating from
EcoVadis for the first time.”
Notable ESG milestones highlighted in the Sustainability Update
Report include:
- Achieved a 44.4% reduction in Scope 1 and Scope 2 greenhouse
gas emissions from 2019-2022;
- Expanded use of renewable energy investments: added 99
kilowatts of on-site solar power in our Pune, Kochi, and Noida
centers; transitioned to 100% green energy in our UK and Pune
centers, resulting in an estimated 8% emissions reduction;
- Reached 41% company-wide female representation and 20.3% female
representation of our VP and above roles, as well as 61% racial and
ethnic diversity1 within the management team2; Launched the
Umbrella Project, focused on supporting and allyship with our
LGBTQ+ colleagues;
- Upskilled our employees through our new democratized talent
development program, resulting in 1.2 million hours of training
across our global workforce;
- Increased employee volunteer hours to 14,700 up from 4,000 in
2021 through the company’s community engagement program,
benefitting more than 24,000 people worldwide, and surpassed our
2023 employee participation goal one year early, involving 16% of
our global employees in our community initiatives;
- Expanded “Skills to Win” Initiative to enable new regional
participation and resulting in more than 14,500 beneficiaries of
these programs in South Africa, the U.K., the Philippines, India
and the U.S.; and
- Recognized 46 individuals and six EXL teams through EXL's
annual Social Impact Awards that honor employee contributions and
inspire a culture of volunteerism and giving.
EXL prepared its Sustainability Report in accordance with the
Global Reporting Initiative (GRI) Standards: Core Option and the
Sustainability Accounting Standards Board (SASB) Software and IT
Services Standard (2018).
About EXLEXL (NASDAQ: EXLS) is a
leading data analytics and digital operations and solutions company
that partners with clients to improve business outcomes and unlock
growth. By bringing together deep domain expertise with robust
data, powerful analytics, cloud, artificial intelligence and
machine learning, we create agile, scalable solutions and execute
complex operations for the world’s leading corporations in
industries including insurance, healthcare, banking and financial
services, media, and retail, among others. Focused on driving
faster decision-making and transforming operating models, EXL was
founded on the core values of innovation, collaboration,
excellence, integrity and respect. Headquartered in New York,
our team is over 48,000 strong, with more than 50 offices spanning
six continents. For more information,
visit www.exlservice.com.
Cautionary Statement Regarding Forward-Looking
StatementsThis press release contains forward-looking
statements within the meaning of the United States Private
Securities Litigation Reform Act of 1995. You should not place
undue reliance on those statements because they are subject to
numerous uncertainties and factors relating to EXL's operations and
business environment, all of which are difficult to predict and
many of which are beyond EXL’s control. Forward-looking statements
include information concerning EXL’s possible or assumed future
results of operations, including descriptions of its business
strategy. These statements may include words such as “may,” “will,”
“should,” “believe,” “expect,” “anticipate,” “intend,” “plan,”
“estimate” or similar expressions. These statements are based on
assumptions that we have made in light of management's experience
in the industry as well as its perceptions of historical trends,
current conditions, expected future developments and other factors
it believes are appropriate under the circumstances. You should
understand that these statements are not guarantees of performance
or results. They involve known and unknown risks, uncertainties and
assumptions. Although EXL believes that these forward-looking
statements are based on reasonable assumptions, you should be aware
that many factors could affect EXL’s actual financial results or
results of operations and could cause actual results to differ
materially from those in the forward-looking statements. These
factors, which include our ability to maintain and grow client
demand, our ability to hire and retain sufficiently trained
employees, and our ability to accurately estimate and/or manage
costs, rising interest rates, rising inflation and recessionary
economic trends, are discussed in more detail in EXL’s filings with
the Securities and Exchange Commission, including EXL’s Annual
Report on Form 10-K. You should keep in mind that any
forward-looking statement made herein, or elsewhere, speaks only as
of the date on which it is made. New risks and uncertainties come
up from time to time, and it is impossible to predict these events
or how they may affect EXL. EXL has no obligation to update any
forward-looking statements after the date hereof, except as
required by federal securities laws.
© 2023 ExlService Holdings, Inc. All rights reserved.
For more information go
to www.exlservice.com/legal-disclaimer
ContactsMedia Keith Little+1
703-598-0980 media.relations@exlservice.com
Investor RelationsJohn Kristoff+1 212 209
4613IR@exlservice.com
1 Defined as any group other than White, Non-Hispanic2 Executive
Committee and Operating Committee
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