MPHASIS: SBTi VALIDATES NEAR-TERM AND NET-ZERO EMISSION

MPHASIS: SBTi VALIDATES NEAR-TERM AND NET-ZERO EMISSION TARGETS

• SBTi Services validated Mphasis’ near-term and net-zero GHG emission reduction targets, with FY 2024-25 as the baseline year • Company targets net-zero emissions across its value chain by FY 2050 • Absolute Scope 1 and 2 emissions targeted to reduce 66.01% by FY 2036 and 90.0% by FY 2050 • Scope 3 emissions targeted to reduce 66.33% per USD value added by FY 2036 and 97.0% per unit value added by FY 2050 • Renewable sources already account for 57.82% of total energy needs; carbon neutrality across facilities targeted by FY 2030 • CRISIL Core ESG score improved to 73 in FY 2026 from 69, while EcoVadis Silver Medal places Mphasis among the top 15% of assessed companies Impact: Neutral — SBTi validation strengthens Mphasis’ ESG credentials and sustainability positioning, but there is no immediate stated impact on financials, order wins or business guidance.