Global digital solutions provider Hexaware Technologies has secured a place in the S&P Global Sustainability Yearbook 2026, ranking among the top 10 percent of companies in its industry for environmental, social and governance (ESG) performance.
The recognition follows Hexaware’s strong results in the 2025 S&P Global Corporate Sustainability Assessment (CSA), where the company achieved a score of 83 out of 100, significantly outperforming many of its industry peers.
The S&P Global Sustainability Yearbook is widely regarded as one of the most respected global benchmarks for corporate sustainability performance. Each year it highlights companies that demonstrate leadership in managing ESG risks and opportunities across their business operations.
For Hexaware, inclusion in the Yearbook signals that its sustainability practices are not only well-structured internally but are also standing up to independent global evaluation.
Company leaders say the achievement reflects years of work embedding sustainability into the company’s governance structure, risk management systems and long-term business strategy.
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A Highly Selective Global Sustainability Ranking
Being included in the S&P Global Sustainability Yearbook is a highly competitive achievement.
According to S&P Global, more than 9,200 companies across dozens of industries participated in the 2025 Corporate Sustainability Assessment, yet only 848 companies across 59 industries qualified for inclusion in the Yearbook.
To be selected, companies must meet strict criteria. These include:
- Ranking within the top 15 percent of companies in their industry
- Scoring within 30 percent of the top-performing company in that industry
- Demonstrating strong performance across environmental, social and governance indicators
The assessment framework evaluates companies using industry-specific sustainability indicators designed to measure how well they manage ESG risks and opportunities that are most relevant to their sector.
For technology companies like Hexaware, these indicators include areas such as responsible data governance, cybersecurity practices, employee development, ethical business conduct and environmental impact management.
By achieving a score of 83 out of 100, Hexaware placed itself firmly among the sustainability leaders in its industry.
The company’s score also places it significantly above the industry average score of 34, highlighting the extent to which it has integrated ESG principles into its operations.
Leadership Emphasizes Long-Term Responsible Growth
Executives at Hexaware say the recognition reflects the company’s broader philosophy that sustainability should be embedded into business strategy rather than treated as a separate initiative.
Chief Executive Officer R. Srikrishna described the Yearbook inclusion as confirmation that the company’s long-term operational approach aligns with global sustainability expectations.
“For us, sustainability is about how we build the company for the long term — how we operate responsibly for our clients, invest in our people, and manage the business in a way that holds up to scrutiny,” he said.
According to Srikrishna, sustainability is closely linked to the company’s ability to deliver reliable digital services to global clients while maintaining responsible governance standards.
Chief Risk Officer Uma Thomas also emphasized the role of governance and risk management in achieving strong ESG results.
She noted that sustainability performance depends on consistent internal processes rather than occasional initiatives.
“A score like this reflects the seriousness with which we approach governance and risk management as ongoing disciplines,” Thomas said.
“It represents the work we do to ensure that our sustainability commitments are auditable, traceable and transparent across the organisation.”
Sustainability Becoming a Strategic Business Imperative
The growing importance of ESG performance reflects a major shift in how companies are evaluated by investors, regulators and customers.
In the past, sustainability reporting was often viewed primarily as a reputational or compliance exercise.
Today, ESG metrics are increasingly seen as indicators of a company’s long-term resilience, risk management capability and operational integrity.
Institutional investors now frequently use ESG ratings as part of their decision-making process when allocating capital.
Companies with stronger sustainability performance often benefit from:
- improved access to investment capital
- stronger relationships with global clients
- enhanced reputation among stakeholders
- better risk management and regulatory compliance
For technology companies, ESG performance has become particularly important because digital services increasingly underpin critical infrastructure across industries such as finance, healthcare and government.
Clients relying on digital service providers must be confident that these companies maintain high standards in areas like data protection, cybersecurity, governance and ethical business conduct.
Companies that demonstrate strong ESG performance are therefore often seen as more reliable long-term partners.
Understanding the Corporate Sustainability Assessment
The S&P Global Corporate Sustainability Assessment (CSA) is considered one of the most comprehensive ESG evaluation frameworks in global financial markets.
The CSA evaluates companies across three main sustainability pillars:
Environmental
The environmental component measures how companies manage their impact on the natural environment.
Key indicators include:
- greenhouse gas emissions management
- energy efficiency and renewable energy use
- waste reduction and resource efficiency
- climate risk strategy
For technology companies, environmental performance often focuses on managing energy use associated with office operations, cloud infrastructure and data centers.
Social
The social dimension examines how companies manage relationships with employees, customers and communities.
Indicators include:
- workforce diversity and inclusion
- employee training and development
- health and safety practices
- customer satisfaction and data protection
Technology firms must also demonstrate strong cybersecurity frameworks and ethical use of digital technologies.
Governance
Governance indicators measure how companies ensure transparency, accountability and responsible leadership.
These include:
- board structure and independence
- executive compensation policies
- anti-corruption programs
- risk management systems
Companies must demonstrate strong performance across all three pillars to achieve high CSA scores.
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Hexaware’s Sustainability Journey
Hexaware’s recognition in the Sustainability Yearbook reflects several years of progress in strengthening its ESG framework.
In 2024, the company formally launched an expanded ESG program aimed at integrating sustainability across its global operations.
The program introduced several initiatives designed to enhance transparency and accountability.
These included:
- strengthening governance oversight for sustainability reporting
- improving ESG data collection and reporting processes
- enhancing risk management frameworks
- aligning sustainability initiatives with long-term corporate strategy
The company also received a “Prime” rating in the ISS Corporate ESG assessment in FY26, another independent evaluation widely used by institutional investors.
Such recognitions demonstrate that Hexaware’s sustainability performance is increasingly being validated by external analysts and rating agencies.
ESG Expectations Rising Across Global Markets
The strong ESG score achieved by Hexaware also reflects a broader trend in global business.
Over the past decade, sustainability expectations have expanded rapidly as governments and investors seek stronger action on climate change and social responsibility.
The 2015 Paris Climate Agreement played a key role in accelerating this shift by encouraging both governments and corporations to align their operations with climate targets.
Since then, many countries have introduced stricter regulations requiring companies to disclose climate risks and sustainability metrics.
Financial markets have also played a major role in promoting ESG standards.
Large asset managers, pension funds and sovereign wealth funds now increasingly prioritize investments in companies that demonstrate strong sustainability performance.
As a result, ESG ratings have become influential tools used to evaluate corporate credibility and resilience.
Companies with strong ESG scores are often viewed as better prepared to manage future regulatory and market challenges.
ESG and the Technology Sector
Although technology companies typically have lower direct carbon emissions than industries such as manufacturing or energy, they still face significant sustainability expectations.
The rapid growth of digital infrastructure has increased attention on issues such as:
- energy consumption of data centers
- electronic waste management
- cybersecurity and data protection
- ethical use of artificial intelligence
Technology companies must therefore demonstrate responsible governance practices in addition to environmental commitments.
Companies that fail to manage these risks may face reputational damage or regulatory scrutiny.
For digital services providers like Hexaware, strong ESG performance can help strengthen trust among global clients who depend on secure and reliable technology systems.
Future Plans for Sustainability Improvement
Hexaware has indicated that it plans to continue improving its ESG performance across all dimensions measured in the Corporate Sustainability Assessment.
The company aims to integrate sustainability further into its operational strategy, ensuring that ESG considerations influence decision-making across business functions.
Future priorities are expected to include:
- strengthening governance oversight
- expanding sustainability reporting capabilities
- enhancing employee engagement in sustainability initiatives
- improving environmental performance across operations
Executives say the goal is to ensure that sustainability becomes a fundamental driver of long-term growth rather than an external reporting requirement.
Outlook
The inclusion of Hexaware Technologies in the S&P Global Sustainability Yearbook 2026 reflects the growing importance of sustainability in shaping corporate strategy and investor expectations.
As climate regulations strengthen and stakeholders demand greater transparency, companies are increasingly being evaluated on how effectively they manage ESG risks and opportunities.
For technology firms, strong sustainability performance is becoming essential not only for regulatory compliance but also for maintaining trust with global clients and investors.
Hexaware’s high score in the Corporate Sustainability Assessment suggests that the company has built a strong foundation for managing these expectations.
However, sustainability benchmarks continue to evolve, and companies must continually adapt to changing regulatory frameworks, technological developments and stakeholder expectations.
By continuing to integrate ESG principles into its governance, risk management and operational strategies, Hexaware aims to maintain its position among sustainability leaders in the global technology sector.
As sustainability metrics become more closely tied to corporate performance and market competitiveness, recognitions such as inclusion in the Sustainability Yearbook are likely to play an increasingly influential role in shaping the reputation and strategic direction of global companies.
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By: Rosemary Wambui
12th March 2026
