Wipro is a multinational corporation based in India that operates in the Business Process Outsourcing (BPO) sector. The company was founded in 1945 by Mohamed Premji and has since grown to become one of the largest IT services companies in the world. Wipro has a strong focus on sustainability and has made significant efforts towards decarbonisation and the adoption of renewable energy.

One of Wipro's key sustainability initiatives is its commitment to decarbonisation. The company has set ambitious targets to reduce its carbon footprint and has implemented a range of measures to achieve this goal. Wipro has adopted a comprehensive approach to decarbonisation, which includes reducing energy consumption, increasing energy efficiency, and transitioning to renewable energy sources.

One of the ways that Wipro is reducing its carbon footprint is through its corporate energy program. The program aims to improve energy efficiency across all of Wipro's operations and reduce the company's overall energy consumption. Wipro has implemented a range of energy-saving measures, such as installing energy-efficient lighting and HVAC systems, and using advanced building automation systems to optimise energy usage.

Wipro has also made a significant commitment to renewable energy. The company has set a target to source 50% of its electricity from renewable sources by 2025. To achieve this goal, Wipro has implemented a range of renewable energy projects, including solar and wind power installations. Wipro has also signed corporate power purchase agreements (PPAs) with renewable energy providers, which allow the company to purchase renewable energy directly from the source.

Corporate PPAs are an important tool for companies like Wipro that are committed to decarbonisation and renewable energy. By signing a corporate PPA, Wipro can purchase renewable energy directly from a renewable energy provider, which helps to support the growth of the renewable energy sector. Corporate PPAs also provide price stability and long-term energy security for companies, which can help to reduce energy costs and improve financial performance.

Wipro has been a leader in the adoption of corporate PPAs in India. In 2019, the company signed a 10-year PPA with a wind power company to purchase 50 MW of wind power. The PPA will help Wipro to meet its renewable energy targets and reduce its carbon footprint. Wipro has also signed a PPA with a solar power company to purchase 46 MW of solar power, which will help the company to further reduce its reliance on fossil fuels.

In addition to its renewable energy initiatives, Wipro has also implemented a range of other sustainability measures. The company has developed a comprehensive sustainability strategy, which includes targets for reducing waste, water usage, and greenhouse gas emissions. Wipro has also implemented a range of social and environmental initiatives, such as supporting education and healthcare programs in local communities and promoting sustainable agriculture practices.

Wipro's commitment to sustainability has been recognised by a range of external organisations. The company has been included in the Dow Jones Sustainability Index (DJSI) for the past 11 years, which recognises companies that demonstrate leadership in sustainability. Wipro has also been ranked as one of the world's most ethical companies by the Ethisphere Institute for the past 9 years.

In conclusion, Wipro is a leading IT services company based in India that operates in the BPO sector. The company has made significant efforts towards decarbonisation and the adoption of renewable energy, including implementing energy-saving measures, signing corporate PPAs, and developing a comprehensive sustainability strategy. Wipro's commitment to sustainability has been recognised by a range of external organisations, and the company is well-positioned to continue to lead the way in sustainable business practices.