Indian multinational corporation Infosys Limited is on a push to utilize renewable energy sources to reduce the company's carbon usage. The corporation will be setting up solar energy plants to cater close to a third of its annual energy consumption requirements.
Infosys, India's second largest IT services company, is pushing to reduce its carbon footprints by utilizing renewable energy sources such as solar, wind and hydroelectric power plants. Presently, the IT company is planning to set up solar energy plants that will be producing up to 55 megawatts of electricity by the end of 2016. Also, these solar energy facilities will be catering the company's annual consumption of electricity close to one third.
Infosys Executive Vice President Ramdas Kamath states that by the end of December, Infosys would have commissioned 15 megawatts of solar power facilities in its campuses, plus a 7 megawatt solar power plant installed in Infosys's Hyderabad campus. He also added that by the end of 2016, the company aims to add 40 megawatts coming from renewable energy sources.
In 2014, the company has installed 257 million solar panels in all its facilities in India. However, 30 percent were purchased from renewable energy sources coming from wind energy and hydro power. Kamath added that the company still needs 178 megawatts of renewable energy installations to convert the company's entire power consumption to clean energy, which requires land, money and other things. Technically, it is a possibility but the company will be doing it over a period of time and not abruptly.
In May 2015, Infosys became the first Indian company affiliated with RE100. RE100 is a climate group committed to use 100 percent electricity coming from renewable energy sources.
Infosys' green initiatives have already achieved 52 percent of its compliance for emission protocols Scope One and Scope Two. The company is now aiming for Scope Three compliance with targets to comply with all emission protocol scopes before the end of 2018.