HCL Technologies is a leading global IT services company based in India. The company provides a wide range of technology solutions and services to clients across various industries, including banking and financial services, healthcare, retail, manufacturing, and telecommunications. HCL Technologies has a strong focus on innovation and sustainability, with a commitment to decarbonisation and renewable energy.

Decarbonisation is a key priority for HCL Technologies, as the company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. HCL has set ambitious targets to reduce its carbon footprint, including a commitment to become carbon neutral by 2030. The company is actively working to reduce its energy consumption and increase the use of renewable energy sources, such as solar and wind power.

Corporate energy management is another important focus area for HCL Technologies. The company has implemented a range of energy efficiency measures across its operations, including the use of energy-efficient lighting, HVAC systems, and IT equipment. HCL also conducts regular energy audits to identify areas for improvement and optimize energy use.

One of the key initiatives that HCL Technologies has undertaken to support its decarbonisation goals is the implementation of corporate power purchase agreements (PPAs) for renewable energy. PPAs are long-term contracts between a renewable energy provider and a corporate buyer, which guarantee a fixed price for the energy generated by the renewable source. By entering into PPAs, HCL Technologies is able to secure a reliable supply of renewable energy and reduce its dependence on fossil fuels.

HCL Technologies has signed several corporate PPAs for renewable energy in recent years, including agreements for wind and solar power in India and the United States. In 2019, the company signed a 12-year PPA for wind power in the state of Tamil Nadu, which will provide 100% of the electricity needed to power its operations in the region. HCL has also signed a PPA for solar power in the state of Andhra Pradesh, which will provide 30% of the electricity needed to power its operations in the region.

In addition to its focus on renewable energy and decarbonisation, HCL Technologies is also committed to sustainability across its operations. The company has implemented a range of initiatives to reduce waste, conserve water, and promote sustainable practices. HCL has also established a corporate social responsibility (CSR) program, which focuses on education, healthcare, and environmental sustainability.

HCL Technologies has received numerous awards and recognitions for its sustainability efforts, including being named to the Dow Jones Sustainability Index (DJSI) for the 11th consecutive year in 2020. The DJSI is a leading global benchmark for corporate sustainability performance, and HCL's inclusion on the index reflects its strong commitment to sustainability and responsible business practices.

In conclusion, HCL Technologies is a leading global IT services company based in India, with a strong focus on innovation, sustainability, and decarbonisation. The company is committed to reducing its carbon footprint and increasing the use of renewable energy sources, and has implemented a range of initiatives to support these goals, including corporate PPAs for renewable energy. HCL's commitment to sustainability has earned it numerous awards and recognitions, and the company is well positioned to continue driving positive change in the IT services sector and beyond.