Wipro files Business Responsibility and Sustainability Report for FY 2025-26

2 min read     Updated on 22 Jun 2026, 09:03 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Wipro Limited filed its Business Responsibility and Sustainability Report for FY 2025-26, detailing a 92% reduction in Scope 1 & 2 emissions and 94% renewable energy sourcing. The report covers consolidated ESG performance, excluding the Harman DTS group, and received reasonable assurance from Deloitte Haskins & Sells LLP.

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Wipro Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with BSE Limited, National Stock Exchange of India Limited, and NYSE. The filing, submitted pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's consolidated ESG performance, excluding the recently acquired Harman DTS group.

The report highlights significant progress in environmental stewardship, with Wipro achieving a 92% reduction in Scope 1 and 2 emissions from set baselines and a 65% reduction in Scope 3 emissions. The company sourced 94% of its electricity via renewables during the year. Wipro has committed to achieving Net-Zero GHG emissions across Scopes 1, 2, and 3 by 2040 and aims for 100% renewable energy for all owned facilities by 2030.

Operational and Employee Metrics

As of March 31, 2026, Wipro's paid-up equity share capital stood at ₹ 20,977 Million. The company reported a total workforce of 246,990 employees, with women comprising 36.97% of the permanent employee base in India. The Board of Directors included 22.22% female representation. The company recorded zero fatalities for FY 2025-26, compared to one in the previous year, and noted that 85% of employees completed annual training on the Code of Business Conduct.

Environmental Performance

The company disclosed its waste management metrics, reporting a total waste generation of 7,932 metric tonnes for the year. Of this, 7,008 metric tonnes were recovered through recycling and reusing operations. Water consumption intensity was reported at 26.55 liters per person per day in water-stressed areas. The report also noted that Wipro does not have operations in ecologically sensitive areas and is compliant with applicable environmental regulations.

Assurance and Governance

Deloitte Haskins & Sells LLP provided reasonable assurance for the BRSR Core indicators and limited assurance for selected comprehensive KPIs. The assurance engagement covered the year ended March 31, 2026, and confirmed that the identified sustainability information was prepared in all material respects in accordance with the specified criteria. Narayan PS, Global Head - Sustainability and Social Initiatives, was identified as the authority responsible for the implementation and oversight of the Business Responsibility policy.

Metric FY 2025-26 Unit
Paid-up Equity Share Capital 20,977 ₹ Million
Total Employees 246,990 Count
Female Permanent Employees (India) 36.97 %
Renewable Energy Sourcing 94 %
Scope 1 & 2 Emissions Reduction 92 %
Scope 3 Emissions Reduction 65 %
Total Waste Generated 7,932 Metric Tonnes
Waste Recovered (Recycled/Reused) 7,008 Metric Tonnes

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-0.34%+0.02%-7.68%-31.87%-32.16%-33.53%

What specific strategies will Wipro employ to bridge the remaining gap to Net-Zero, particularly regarding the harder-to-abate Scope 3 emissions?

How will the integration of the recently acquired Harman DTS group impact Wipro's overall ESG metrics and renewable energy targets in future filings?

With the 2030 deadline approaching, what capital expenditures or investments are required to shift the remaining 6% of owned facilities to 100% renewable energy?

Wipro completes acquisition of additional 20% stake in Aggne Global

1 min read     Updated on 20 Jun 2026, 05:52 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Wipro Limited completed the acquisition of an additional 20% stake in Aggne Global IT Services Private Limited on June 18, 2026, for a purchase consideration of USD 2.1 Million. This transaction increases Wipro's total shareholding to 80%. The strategic move aims to strengthen Wipro's competitive advantage in the Property & Casualty Insurance sector by driving AI and IP-led transformations.

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Wipro Limited has completed the acquisition of an additional 20% stake in Aggne Global IT Services Private Limited on June 18, 2026, for a purchase consideration of USD 2.1 Million. With this transaction, Wipro's total shareholding in the target entity has increased to 80%. The strategic move aims to strengthen Wipro's competitive advantage in the Property & Casualty Insurance sector by driving AI and IP-led transformations.

Aggne Global IT Services Private Limited is part of the Aggne Group, a fast-growing Insurtech company specializing in AI and Intellectual Property-driven services. The acquisition is not a related party transaction, and no government or regulatory approvals were required for the deal. The consideration was paid in cash, subject to customary closing adjustments.

Aggne Group has reported consistent growth in turnover over the last three fiscal years, as outlined below:

Fiscal Year Annual Turnover
FY24 (ended March 31) USD 18.9 Mn
FY25 (ended March 31) USD 24.2 Mn
FY26 (ended March 31) USD 27.5 Mn

Details of the Acquisition

The following table outlines the key particulars of the transaction as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Sr. No. Particulars Description
1 Name of the target entity Aggne Global IT Services Private Limited
2 Related party transaction No
3 Industry of Target entity Information Technology, consulting, and managed services for the Property & Casualty Insurance industry
4 Acquisition objectives To strengthen Wipro's competitive advantage in the insurance sector, particularly in driving AI and IP-led transformations
5 Government or regulatory approval required None
6 Date of completion June 18, 2026
7 Nature of consideration Cash
8 Cost of acquisition USD 2.1 Million
9 Percentage of shareholding acquired 20% (increasing total holding to 80%)

Wipro had previously acquired a 60% stake in Aggne Global IT Services Private Limited and Aggne Global Inc. in February 2024. The current acquisition of an additional 20% stake consolidates Wipro's position in the Insurtech domain.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-0.34%+0.02%-7.68%-31.87%-32.16%-33.53%

Does Wipro intend to acquire the remaining 20% stake to achieve full ownership of Aggne Global?

How will Wipro integrate Aggne's proprietary AI and IP assets into its broader service offerings?

What specific revenue synergies or market share gains does Wipro anticipate in the Property & Casualty Insurance sector?

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1 Year Returns:-32.16%