TCS Collaborates with TÜV SÜD Middle East to Help Customers Accelerate Their Net Zero Journey

Customers of TCS in the middle east will have access to a combination of TÜV SÜD’s expertise and TCS’ digital solutions for achieving decarbonization goals

DUBAI | MUMBAI, August 13, 2024 : Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, announced a strategic collaboration with TÜV SÜD Middle East, a leading provider of testing, inspection, certification and training services. Through this collaboration TCS will accelerate the carbon management and sustainability journeys of its customers in the Middle East with tailored solutions for ESG (Environmental, Social, and Governance).

These tailored solutions will be available to enterprises on the TCS Zero Carbon Platform, a proprietary digital solution that helps organizations manage and monitor their carbon footprints and adopt sustainable business practices. Customers will be able to leverage TCS’ solutions alongside TÜV SÜD's expertise in sustainability projects under ISCC+, Gold Standard, UNFCCC, Verra, GCC, and ISO standards like ISO 14064-1/2.

Sumanta Roy, President, Middle East, Africa and Mediterranean regions, TCS: “Sustainability is a core part of our philosophy at TCS, with a strong focus on our people, planet, and purpose. Our collaboration with TÜV SÜD underscores TCS’ dedication to empowering enterprises across Middle East to achieve their sustainability ambitions. By harnessing the power of data and digital innovation through the TCS Zero Carbon Platform, we aim to facilitate a greener, more resilient future.”

Through this strategic alliance, TCS and TÜV SÜD Middle East aim to drive significant environmental impact and promote sustainable practices across the Middle East region.

Mostafa Jassim, Deputy CEO, TÜV SÜD Middle East: "Building on our extensive experience in global climate change initiatives, we are pleased to collaborate with TCS to assist organizations across the Middle East in their sustainability efforts. Leveraging our expertise and TCS Zero Carbon Platform, we aim to help businesses effectively manage carbon emissions and make informed, sustainable decisions."

With more than 200 sustainability offerings, TCS is helping customers around the world in their sustainability journeys. The TCS Zero Carbon Platform integrates with enterprise solutions to define operational boundaries, collect emission data, and customize dashboards. Powered by AI, the platform analyses data, forecasts trends, and identifies emission hotspots for proactive reduction measures. It also streamlines digital reporting, simplifies certification, and supports implementation of transformational sustainable solutions.

TCS has been a strong advocate for the power of technology for positive societal impact and drive sustainable transformation across industries. As a Tata group company, TCS is also conscious of its impact on the environment. In 2021, TCS had set an ambitious sustainability target to reduce its absolute emissions by 70% across Scope 1 and Scope 2 by 2025 over the baseline year 2016 and to achieve net zero by 2030. By FY24, TCS had already reduced its absolute carbon footprint across Scope 1 and Scope 2 by 80% over a baseline of 2016, exceeding its target achievement by 10%, one year ahead of time.

About TÜV SÜD

Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. About 28,000 employees work at over 1.000 locations in about 50 countries to continually improve technology, systems and expertise. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving and renewable energy safe and reliable. tuvsud.com

About Tata Consultancy Services

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 56 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 601,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $29 billion in the fiscal year ended March 31, 2024, and is listed on the BSE and the NSE in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com 

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