Cognizant is a multinational corporation that specializes in providing digital, technology, consulting, and operations services to businesses across various industries. The company is headquartered in Teaneck, New Jersey, and has a global presence with offices in more than 40 countries. Cognizant is committed to sustainability and has been actively working towards decarbonization and the adoption of renewable energy sources to reduce its carbon footprint.

Decarbonization is the process of reducing carbon emissions to mitigate the effects of climate change. Cognizant recognizes the importance of decarbonization and has set ambitious goals to reduce its carbon footprint. The company has committed to achieving net-zero emissions by 2050 and has taken several steps towards this goal. Cognizant has implemented energy-efficient technologies in its offices and data centers, reduced business travel, and increased the use of renewable energy sources.

Corporate energy is the energy used by businesses to power their operations. Cognizant has implemented several initiatives to reduce its corporate energy consumption and increase efficiency. The company has implemented energy-efficient technologies in its offices and data centers, such as LED lighting and HVAC systems. Cognizant has also implemented a virtual desktop infrastructure that allows employees to access their work from any device, reducing the need for energy-intensive desktop computers.

Corporate power purchase agreements (PPAs) are contracts between businesses and renewable energy developers to purchase renewable energy. Cognizant has signed several corporate PPAs to increase its use of renewable energy sources. In 2019, Cognizant signed a 10-year agreement to purchase 140 MW of wind power from a wind farm in Texas. The wind power will supply approximately 25% of Cognizant's total energy consumption in North America. Cognizant has also signed a PPA to purchase 50 MW of solar power from a solar farm in Tamil Nadu, India.

Renewable energy is energy that is generated from renewable sources such as wind, solar, and hydro power. Cognizant is committed to increasing its use of renewable energy sources to reduce its carbon footprint. The company has set a goal to source 100% of its global electricity consumption from renewable energy sources by 2025. Cognizant has already made significant progress towards this goal, with 37% of its global electricity consumption coming from renewable sources in 2020.

Cognizant's commitment to sustainability goes beyond decarbonization and renewable energy. The company has implemented several initiatives to reduce waste, conserve water, and promote sustainable practices. Cognizant has implemented a waste management program that includes recycling and composting, and has reduced its water consumption through the implementation of water-efficient technologies.

In addition to its sustainability initiatives, Cognizant is also committed to promoting diversity, equity, and inclusion. The company has implemented several initiatives to promote diversity and inclusion, including unconscious bias training, employee resource groups, and a diversity and inclusion council. Cognizant has also set a goal to achieve gender parity in its workforce by 2023.

Cognizant's commitment to sustainability and social responsibility has earned the company several accolades. In 2020, Cognizant was named to the Dow Jones Sustainability World Index for the fifth consecutive year. The company was also named to the FTSE4Good Index for the fourth consecutive year and received a score of A- on the CDP Climate Change questionnaire.

In conclusion, Cognizant is a multinational corporation that is committed to sustainability and social responsibility. The company has set ambitious goals to reduce its carbon footprint, increase its use of renewable energy sources, and promote diversity and inclusion. Cognizant's commitment to sustainability has earned the company several accolades and demonstrates its leadership in corporate social responsibility.