Bengaluru, 1 July 2026: UST, a leading AI and technology transformation solutions company, has been recognized as one of the World’s Most Ethical Companies® by Ethisphere. UST is one of just six software companies worldwide to be recognized by Ethisphere in 2026 and is the only privately held software company on the exclusive elite list, a reflection of the company’s deeply held commitment to ethical practices.

This recognition honors organizations that exemplify ethical business conduct by implementing comprehensive programs which generate positive outcomes for employees, communities, and stakeholders while also fostering sustainable, long-term business growth. UST was commended by Ethisphere for demonstrating that it has policies in place to foster a strong culture of ethics based on integrity, ethical governance, and responsible business practices.

UST’s inclusion on this elite list underscores the company’s commitment to integrating ethics and integrity into every aspect of its business practices. By prioritizing trust, transparency, and accountability, UST ensures that all its solutions deliver measurable value and meaningful impact for clients, employees, and stakeholders.

To compile its rankings, Ethisphere engages in a rigorous assessment of all applicants based on its Ethisphere Ethics Quotient®. Applicants are evaluated using more than 240 data points across a number of categories including culture, ESG, compliance, and governance. This data undergoes further qualitative analysis by Ethisphere’s panel of experts. In 2026, 138 companies from 17 countries were recognized by Ethisphere.

“We are honored to be named one of the World’s Most Ethical Companies as this distinction speaks to the strength of UST’s people, culture, and values. This recognition underscores the effectiveness of our efforts to empower employees to responsibly bridge technology and AI innovation while driving real outcomes for our clients. Trust, transparency, and accountability are foundational to our work, and we remain dedicated to setting the benchmark for excellence in ethical governance as we create lasting value for our employees, clients, stakeholders, and communities worldwide,” said Colleen Doherty, Chief People Officer, UST.

“This recognition from Ethisphere highlights UST’s strong commitment to governance, ethics, and integrity as core drivers of sustainable growth, going well beyond compliance to embed these principles across all aspects of our business. Notably, UST has voluntarily benchmarked itself against global public companies and stands as the only private software company worldwide to receive this honor, reflecting the strength of our governance framework and ethical standards. Trust remains central to everything we do—from client delivery to leadership decisions—and this achievement is a testament to every UST employee who consistently demonstrates accountability, integrity, and continuous improvement,” said Ramanathan Raghunathan, Vice President & Global Head of Governance, Risk, and Compliance, UST.

“Congratulations to UST for achieving recognition as one of the World’s Most Ethical Companies®. As we mark the 20th class of honorees, this group continues to raise the bar for business integrity by embedding ethics into everyday decision-making and long-term strategy. UST’s recognition as the only private software company among this year’s honorees highlights the strength of its commitment to ethics, compliance, and governance as drivers of long-term performance,” said Erica Salmon Byrne, Chief Strategy Officer and Executive Chair, Ethisphere.

The certification was conferred during the GreenCo Summit 2026, recognizing PT TVS Motor Company Indonesia’s outstanding performance in sustainable manufacturing, resource efficiency, environmental stewardship, and operational excellence.

The GreenCo Lite Rating System, developed by the CII GreenCo Council, is a globally benchmarked framework that enables manufacturing organizations to evaluate and enhance their environmental performance across key parameters, including energy efficiency, water conservation, renewable energy adoption, material resource management, waste management, greenhouse gas emissions, green supply chain practices, and environmental management systems.

The Platinum Rating represents the highest level of excellence under the GreenCo Lite framework and reflects PT TVS Motor Company Indonesia’s unwavering commitment to embedding sustainability into its manufacturing operations.

Commenting on the achievement, Mr. Thakur Pherwani, Chief Sustainability Officer, TVS Motor Company said, “Sustainability is a core part of the way we operate at TVS Motor Company. This recognition for PT TVS Motor Company Indonesia is an important milestone in our global sustainability journey. It reflects our focus on building manufacturing facilities that are efficient, environmentally responsible, and future ready. As our first overseas plant to achieve the GreenCo Lite Platinum Rating, it sets a strong benchmark as we continue to drive responsible manufacturing across our global operations.”

The recognition reinforces TVS Motor Company’s continued focus on building environmentally responsible manufacturing facilities across geographies. The company’s sustainability initiatives encompass resource Optimisation, energy conservation, circular economy practices, waste reduction, and continual improvements in operational efficiency.

Mr. N. Muthusezhiyan, Deputy Executive Director, CII GreenCo Council, said: “PT TVS Motor Company Indonesia’s achievement demonstrates that sustainability has become an integral part of TVS Motor Company’s global manufacturing philosophy. Becoming the first overseas TVS manufacturing facility to achieve the GreenCo Lite Platinum Rating is a significant milestone that showcases how world-class manufacturing and environmental responsibility can go hand in hand. We congratulate the entire PT TVS Motor Company Indonesia team for setting a benchmark that will inspire manufacturing facilities across the ASEAN region and beyond.”

The achievement also reflects the growing international acceptance of the GreenCo framework as a comprehensive sustainability assessment and benchmarking system for industries worldwide. Through its globally relevant rating systems, the CII GreenCo Council continues to partner with industries in accelerating their sustainability journey and enhancing competitiveness through resource-efficient manufacturing.

At the GreenCo Summit 2026, TVS Motor Company was also recognised with the GreenCo Champion Award, while its Hosur manufacturing facility received the prestigious GreenCo Platinum Rating, reaffirming the company’s holistic approach to sustainable manufacturing across its operations.

As industries worldwide continue to transition towards low-carbon and resource-efficient operations, achievements such as PT TVS Motor Company Indonesia’s GreenCo Lite Platinum Rating demonstrate how sustainability can drive operational excellence while creating long-term value for businesses, society, and the environment.

#NetZeroWater #IGBC #Sustainability #NTPC #WaterManagement #ESG #EnergyTransition

To counter this imbalance, the next evolution of corporate giving must move away from fragmented philanthropy and shift toward strategic investments in underserved geographies. True impact is diluted when multiple organizations repeatedly fund the same communities, drawing a parallel to multiple people feeding a single individual while others elsewhere go hungry. By redirecting capital, corporate expertise, and long-term commitment to the country’s most vulnerable and isolated pockets, businesses can address deep-seated developmental gaps. This pivot ensures that corporate capital functions equitably, actively seeking out communities that have historically been left behind by mainstream development frameworks.

With institutional scale and substantial capital now secured, the future of corporate social responsibility lies in piloting scalable, evidence-based models that governments can later institutionalize. Instead of repeating isolated interventions, companies possess the unique capability to test innovative frameworks and build robust ecosystems in challenging environments. Real social transformation is ultimately achieved not by measuring the sheer volume of capital deployed, but by expanding the boundaries of development to include those who are still waiting to be seen.

#CSR #CSRIndia #CorporateSocialResponsibility #MCA #NationBuilding #ViksitBharat2047 #ViksitMaharashtra #SocialImpact #InclusiveDevelopment #DevelopmentSector #ESG #Sustainability #PublicPolicy #SDGs #NGO

Highlighting the critical role of Company Secretaries, Shri Singh noted their position as governance catalysts in integrating circular economy principles into corporate practices. He reaffirmed IICA’s commitment to strengthening ESG frameworks through research and capacity-building initiatives, emphasizing the need for responsible governance to drive sustainable growth in a rapidly changing business environment.

#IICA #ICSI #ESG #ResponsibleBusinessConduct #CorporateGovernance #CompanySecretaries #Leadership #Compliance #Sustainability #CapacityBuilding #KochiConvention #GarimaDadhich

Mumbai, 3^rd June, 2025: Schneider Electric, the global leader in the digital transformation of energy management and automation, and Farmson Basic Drugs Pvt. Ltd., a key manufacturer in India’s pharmaceutical sector, have partnered to drive a comprehensive sustainability transformation initiative. This collaboration, initiated in February 2025, falls under Schneider Electric’s flagship Green Yodha initiative and will enable Farmson to embed sustainability deeply into its operations through strategic consulting and digital solutions.

As part of this engagement, Schneider Electric will deliver its end-to-end Sustainability Business offerings, helping Farmson define and execute a clear, actionable path toward environmental excellence through a three-pronged approach:

·         Strategize: Building a comprehensive inventory of Scope 1, 2, and 3 GHG emissions, developing science-based decarbonisation targets in alignment with the SBTi (Science-Based Targets initiative), and supporting CDP Climate Change reporting. Schneider Electric will also co-create a detailed ESG roadmap to guide Farmson’s long-term sustainability journey.

• Digitize: Implementing Resource Advisor, Schneider Electric’s digital sustainability platform, to enable tracking & monitoring of key environmental indicators such as energy, water, and emissions, helping Farmson digitize and streamline its ESG efforts.
• Decarbonise: Conducting energy and water maturity assessments across Farmson’s three manufacturing sites, identifying practical actions for reducing emissions, energy use, and water consumption. The initiative will also support Scope 2 decarbonisation through an increased share of renewable energy, ensuring long-term operational efficiency with clearly defined investment and ROI metrics.

Commenting on the initiative, Deepak Sharma, Zone President – Greater India, MD & CEO, Schneider Electric India, said, “At Schneider Electric, we are committed to empowering industries with practical, data-driven pathways to decarbonisation and sustainability. Through this collaboration, we are bringing our global expertise in climate strategy and digital transformation to help Farmson turn its sustainability ambitions into measurable action. Together, we are building a robust ESG framework, driving operational improvements, and delivering tangible outcomes that support growth, resilience, and long-term value creation.”

Echoing this sentiment, Mr. Vinit Menon, CEO, Farmson, said, “As a manufacturer in a resource-intensive industry, we recognize the urgent need to operate more responsibly — not just for the environment, but for the long-term health of our business. Schneider Electric brings a structured and actionable approach to a complex challenge. This partnership gives us the visibility, tools, and expertise we need to take real steps toward reducing our emissions, optimizing energy and water usage, and aligning with global sustainability benchmarks. Our goal is to lead by example and demonstrate that sustainability and business performance can go hand in hand.”

The project is expected to be completed by October 2025, delivering both environmental benefits and operational cost savings, while setting a benchmark for climate leadership in the pharmaceutical sector.