Press Release 8 Dec 2020 3 min read
Nagarro assessed as “strong in sustainability” in its first-ever external ESG assessment
Nagarro was rated as 'Green', which indicates strong performance in all three sustainability parameters – Environment, Social, and Governance.
Nagarro was rated as 'Green', which indicates strong performance in all three sustainability parameters – Environment, Social, and Governance.
Frankfurt, Germany, December 08, 2020: Nagarro shows a “strong sustainability performance” and is “a leader among selected industry peers within the social dimension", declared Arabesque S-Ray, a global data provider that focuses on advisory and data solutions, in its initial ESG (Environment, Social and Governance) Performance Assessment of Nagarro.
Frankfurt-based Arabesque S-Ray combines big data and ESG metrics to assess the performance and sustainability of companies worldwide. Thanking the team for conducting Nagarro's first-ever external ESG evaluation, Nagarro’s ‘Custodian of Entrepreneurship in the Organization’ and co-founder Dr. Manas Fuloria said, “ESG is naturally embedded in Nagarro’s CARING core values and in our culture. We are committed to continuing and expanding our ESG efforts”.
Key findings about Nagarro’s performance across various ESG parameters:
Environment
Strong on environment commitments like efficient use of natural resources, controlling emissions, and environmental management and stewardship.
Social
Strong (and in some cases, excellent) for its initiatives and policies on the social front, and reasonable in its diversity quotient. Noted for its projects like “Testing Pro – CARING for Autism” that reflects its inclusive approach.
Governance
Strong in corporate governance with “coherent and defined policies” that encourage transparency and business ethics.
Summing up, the report declares that Nagarro's strong performance is based on “consistent efforts and focused work” along the ESG parameters. To view the full ESG Performance Assessment Report, click here.
About Arabesque S-Ray
Arabesque S-Ray is headquartered in Frankfurt, and has offices in London, Boston, Singapore, and Tokyo. Arabesque S-Ray empowers investors, corporates, and other stakeholders across the world to make more sustainable decisions. The firm’s evolution is the product of a partnership between leaders in finance, mathematics, data science and sustainability, all working together to accelerate the transition to a more sustainable future.
About Nagarro
Nagarro is a global digital engineering leader with a full-service offering. Nagarro specializes in “change the business” technology services, including digital product engineering, e-commerce and customer experience services, Artificial Intelligence and Machine Learning capabilities, cloud and IoT solutions, and consulting on next-generation ERP. The company has a broad and long-standing international customer base, primarily in Central Europe, particularly Germany, and in North America. This includes a number of global blue-chip companies and leading independent software vendors (ISVs), other market and industry leaders, and public sector clients. In total, the group employs over 8,400 people worldwide (as of June 30, 2020). www.nagarro.com