Greentech Lead Asia: Indian IT brands Wipro and HCL scored high points for advocating for a higher share of renewable energy in India according to an annual ranking release globally by Greenpeace international.
Global technology giants, Cisco and Google are leading the technology sector in providing innovative energy solutions that can help address climate change. Ericsson came in at third place in the analysis followed by Fujitsu in the fourth place.
Wipro ranked 5th along with Sprint and HP while HCL ranked 13th in the global IT-sector climate leadership assessment which evaluates 21 global IT and telecom firms on their leadership in three main areas: the companies’ offerings of IT solutions to reduce energy demand across the economy; their management of their own energy footprints; and whether they use their influence to advocate for government policies that encourage the adoption of renewable energy and energy efficiency.
Both Indian companies have risen in their ranking from the previous version, Wipro jumps 6 positions while HCL moves 3 positions upward.
Greenpeace assessment finds that companies have continued to make progress in establishing the sector’s key role in enabling a renewably powered economy, as more companies increased their own commitment to renewable energy.
Wipro strongly advocated for higher Renewable Purchase Obligation (RPO) target in the range of 15-20 percent, a critical policy driver for renewable energy in the country and for more aggressive National Solar Mission target. HCL also advocated for a significantly higher share of renewable energy in India by strengthening current policy and regulatory mechanism on energy.
Wipro and HCL companies scored better when most Indian states failed to achieve the RPO target set by the Ministry of New Renewable Energy.
However, despite the IT sector’s green ambitions, progress on clean energy development has been blocked by skewed energy policy and related regulatory hurdles. Without addressing the policy and regulatory barriers, technology companies will not be able to unleash their hallmark creative disruption in the energy sector.
Wipro scores highest in Greenpeace ranking for companies’ eco-friendliness
Earlier in November Wipro topped the ranking in the Guide to Greener Electronics released by Greenpeace International. Wipro scored the most points due to its efforts to embrace renewable energy and advocacy for greener energy policies in India.