Coforge Releases Sustainability Report for FY 2025-26, Highlighting ESG Progress
Coforge's FY2025-26 Sustainability Report details significant ESG progress. The company achieved a 76% reduction in Scope 1 & 2 emissions, ahead of schedule. Financials show revenue up 35.9% to ₹1,64,207 million and EBITDA margins at 18.6%. The "Coforge Public Library" initiative saw 167,000 footfalls. Guidance for FY27 EBITDA margins is 20.5%-21%.
The sustainability report is a key disclosure for stakeholders interested in the company's long-term strategy, risk management, and commitment to Environmental, Social, and Governance factors. It impacts investor perception, regulatory compliance, and overall corporate reputation.
The report details significant positive progress in ESG initiatives, including substantial emissions reduction, renewable energy adoption, and social impact through community programs. Financial performance shows strong growth, and future guidance is positive, indicating a robust and responsible business strategy.
Coforge Limited has released its Sustainability Report for the financial year 2025-26, detailing its progress on environmental, social, and governance (ESG) initiatives. The report underscores the company's commitment to "Accelerating Growth, Scaling Purpose," emphasizing the integration of sustainability into its core business strategy and operations.
The company is progressing towards its long-term ambitions of achieving net-zero emissions by 2040, becoming water positive by 2040, and reaching zero waste to landfill by 2040. In FY2025-26, Coforge reported a significant reduction of 76% in combined Scope 1 and 2 emissions against its FY24 baseline, meeting its Science-Based Targets initiative (SBTi)-approved targets ahead of schedule. Energy consumption also saw a reduction of 14% year-on-year, and the Greater Noida campus now operates on 100% renewable electricity, with other facilities transitioning to green energy.
On the social front, Coforge is focused on building a highly engaged and future-proof workforce, achieving 28% overall gender diversity and 25% women in leadership roles. The company's "Coforge Public Library" initiative has seen substantial engagement, with 167,000 footfalls by March 2026 and plans to expand to 30 libraries by 2030. The report also highlights the company's commitment to a zero-harm workplace, with zero fatalities and zero Lost Time Injury Frequency Rate (LTIFR) recorded.
In terms of governance, Coforge has implemented a formal ESG Governance Structure, with 67% independent directors and 17% women directors on its board. The company has also conducted an ESRS-aligned Double Materiality Assessment and a climate risk assessment, integrating these insights into its enterprise risk management and strategic decision-making processes. Initiatives like internal carbon pricing and enhanced supplier assessments are further embedding sustainability across the value chain.
The report showcases Coforge's financial performance for FY2025-26, with revenue growing 35.9% YoY in INR terms to ₹1,64,207 million and EBITDA margins expanding by 431 basis points to 18.6%. The company guided for consolidated EBITDA margins of 20.5% to 21% for FY2026-27.
A plain-language summary of a public exchange filing by Coforge Limited. Read the original for the full detail.