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A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings. Cognizant failed to pay the tax of more than 25 billion rupees ($385 million) in the 2016–17 financial year, according to The Hindu, citing officials from the tax department. [156]
ESG factors and ratings took an established place in the finance realm. Indeed, the 2021 ESG assets market value was over $18.4 trillion worth of investments with a projected growth of 12.9% until 2026. [35] ESG saw outflows for the first time in 2023. [36]
The Dow Jones Sustainability Indices (DJSI) launched in 1999, are a family of indices evaluating the sustainability performance of thousands of companies trading publicly, operated under a strategic partnership between S&P Dow Jones Indices and RobecoSAM (Sustainable Asset Management) [1] of the S&P Dow Jones Indices.
This report includes GDI’s main target areas, objectives, and ESG drivers. GDI's ESG 2021 report identifies the five main areas targeted for ESG factors by the company, and provides objectives ...
According to a meta-analysis approximately 90% of studies on ESG show a non-negative relationship between ESG and financial performance, with a majority indicating positive correlations. This evidence suggests that ESG considerations can lead to improved risk management, cost savings, and access to capital, thus enhancing overall financial ...
He took over as the CEO of Cognizant in April 2019. [6] Under his leadership, Cognizant witnessed severe voluntary attrition rates of 33 percent and non-voluntary attrition of 37 percent (annualized) [8] [9] In January 2023, Cognizant replaced Humphries with Ravi Kumar S. as CEO. [10]
In 2021, the Biden administration committed to reducing emissions to half of 2005 levels by 2030. [354] In 2022, President Biden signed the Inflation Reduction Act into law, which is estimated to provide around $375 billion over 10 years to fight climate change. [ 355 ]
Tata Sierra (1991-2000) Tata Sumo (1994–2019). Tata Motors was founded in 1945, as a locomotive manufacturer. Tata Group entered the commercial vehicle sector in 1954 after forming a joint venture with Mercedes-Benz of Germany in which Tata developed a manufacturing facility in Jamshedpur for Daimler lorries. [10]