Coforge files FY26 sustainability report with 83% Scope 2 drop
Coforge Limited filed its FY26 BRSR, reporting an ~83% drop in Scope 2 emissions and SBTi-validated net-zero targets. With ₹95,725 million turnover and 28,366 employees, the company emphasized renewable energy adoption, water stewardship, and robust governance frameworks assured by Bureau Veritas.

*this image is generated using AI for illustrative purposes only.
Coforge Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the National Stock Exchange of India Limited and BSE Limited on August 02, 2026, disclosing significant progress in environmental metrics including an approximately 83% reduction in Scope 2 greenhouse gas emissions. The filing, which forms part of the company’s Annual Report for FY26, underscores the organization’s alignment with global sustainability standards and its commitment to carbon neutrality by 2040. For investors and stakeholders, these disclosures signal strengthened ESG governance and reduced operational carbon intensity, key factors in enterprise procurement decisions and regulatory compliance under SEBI’s listing regulations.
The submission was made pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Barkha Sharma, Company Secretary and Compliance Officer, signed the document on behalf of coforge . Bureau Veritas (India) Private Limited conducted an independent reasonable assurance engagement on the BRSR Core disclosures, confirming that the data is free from material misstatement in accordance with ISAE 3000 (Revised) and ISAE 3410 standards.
Environmental Performance and Climate Targets
Coforge reported substantial improvements in its environmental footprint during FY26. The company achieved an approximately 83% reduction in Scope 2 emissions, driven by the transition of its Greater Noida campus to 100% green energy via a 75 kW captive solar plant and broader renewable energy adoption. Additionally, the company recorded a ~2% year-on-year reduction in total water withdrawal and consumption, recharging 18,692 kiloliters of water through rainwater harvesting. Waste management initiatives led to a ~16% reduction in total waste generated compared to FY25, with zero food waste achieved through composting at the Greater Noida campus.
| Metric | FY26 Performance | Target/Goal |
|---|---|---|
| Scope 2 Emissions Reduction | ~83% | Carbon Neutral by 2040 |
| Water Withdrawal Reduction | ~2% YoY | Water Positive by 2040 |
| Waste Generated Reduction | ~16% YoY | Zero Waste to Landfill by 2040 |
| Renewable Energy Usage | 100% at Greater Noida | Pan-India Transition |
The Science Based Targets initiative (SBTi) has validated Coforge’s near-term and net-zero targets, which include a 42% reduction in Scope 1 and 2 emissions by 2030 over FY24 levels. The company also secured LEED USGBC Platinum ratings for its Greater Noida and Bengaluru facilities and LEED ID+C Gold for Hyderabad.
Workforce and Social Governance
As of March 31, 2026, Coforge employed 28,366 individuals, comprising 26,932 permanent employees and 1,434 other-than-permanent employees. Women constituted 29% of permanent employees and 17% of the Board of Directors. The company reported a total employee turnover rate of 19% for FY26, consistent with the previous year’s total rate but lower than the 21% recorded in FY24. Cost incurred on employee well-being measures stood at 2.03% of total revenue, up from 1.86% in FY25.
Governance structures include a Board-level CSR & ESG Committee chaired by Beth Boucher, which oversees sustainability strategy and performance. The company maintains robust policies on anti-bribery and corruption (ABAC), human rights, and sexual harassment prevention (POSH), with 100% coverage of value chain partners assessed for health, safety, and working conditions. No fines or penalties were levied against the company during the reporting period.
Financial Context and CSR
Coforge’s turnover for FY26 was ₹95,725 million, with a net worth of ₹84,537 million. Exports contributed 81% of the total turnover. The company’s Corporate Social Responsibility (CSR) initiatives focused on education, digital inclusion, and environmental conservation. Key programs included the Coforge Public Library network, which recorded 167,000 footfalls across three locations, and the sponsorship of 600 children’s education through Vidya & Child Schools. The company also supported 190 adolescent girls under the Udayan Shalini Program and engaged in wetland restoration projects in Surajpur.
What the Numbers Show
The dramatic ~83% drop in Scope 2 emissions is primarily attributable to the shift toward renewable energy sources rather than operational efficiency alone, highlighting the strategic importance of energy procurement in Coforge’s decarbonization roadmap. While revenue grew to ₹95,725 million, the company maintained a stable attrition rate of 19%, suggesting that talent retention remains a consistent challenge despite increased investment in well-being measures (up to 2.03% of revenue). The high export contribution of 81% underscores the company’s exposure to international ESG standards and client expectations, making the SBTi validation and LEED certifications critical competitive differentiators in global procurement evaluations.
Historical Stock Returns for Coforge
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.48% | +19.52% | +17.42% | +4.06% | -1.63% | +69.26% |
How might Coforge's 81% export revenue exposure make it vulnerable to evolving EU CSRD regulations or US supply chain ESG mandates?
What specific strategies will Coforge employ to address Scope 1 emissions, given that the recent 83% reduction was primarily driven by Scope 2 renewable energy shifts?
Could the stable 19% attrition rate despite increased well-being spending indicate a need for structural changes in compensation or career progression to retain top tech talent?


































