Tata Consultancy Services: Structured for sustainability
This case study has been created from the Finance for the Future Awards. This entry was a finalist in the ‘Embedding an integrated approach’ category.
Tata Consultancy Services (TCS) is an Indian values-driven technology company, providing IT services, consulting and business solutions. TCS follows the Tata Group philosophy of building sustainable businesses that are rooted in the community and demonstrate care for the environment. This includes designing technology that tackles challenging social issues. Impact on society and the environment are core decision criteria. TCS’s corporate structure reinforces these values: around half of TCS’s equity is held through its holding company Tata Sons Private Limited by Tata Trusts, which funds community initiatives in a range of areas. So as well as pursuing positive impact with its company activities, TCS’s corporate structure means that a large portion of its profits is reinvested back into people and planet.
‘The organisation’s guiding philosophy of focusing on planet, profit and people shone through the entry. The finance team is clearly involved in that philosophy and takes pride in the business and what it contributes socially.’
Finance for the Future Awards judges