Mphasis’ Near-Term and Net-Zero Emissions Reduction Targets

Mphasis Limited today announced the official validation of its near-term and net-zero greenhouse gas (GHG) emissions reduction targets by SBTi Services. This marks an important milestone in Mphasis’ commitment to addressing climate change through science-based emissions reduction targets. Mphasis aims to reduce emissions across its operations and value chain, with defined goals for both near-term and longterm reductions with FY 2024-25 as baseline year. These targets cover Scope 1 and Scope 2 emissions, as well as Scope 3 emissions across relevant activities in its value chain, establishing measurable milestones towards the company’s net-zero ambition. Opinion : This news will have neutal effect on the stock price. Disclaimer : This is not a buy,sell or hold recommendation. I do not hold this stock.