Business responsibility report

Infosys has always given high importance to community development through four major dimensions of community engagement — monetary support, organization-led projects, employee-driven initiatives and community sabbaticals. For details on our CSR spending during fiscal 2016, refer to Annexure 7 to the Board’s report.

Monetary support

The Infosys Foundation (‘the Foundation’) was established in 1996 to encourage and support programs and organizations devoted to uplifting the economically disadvantaged sections of the society. The Foundation has robust processes to select, monitor and assess impacts of various projects. The highlights of the work done by the Foundation is available on our website, : https://www.infosys.com/infosys-foundation/.

With the U.S. being our largest market, setting up the Infosys Foundation USA was imperative to focus on supporting causes and initiatives in the areas of education and technology inclusivity in that region. The Infosys Foundation USA supports several leading Science, Technology, Engineering and Mathematics (STEM) and community-building initiatives, particularly for the under-represented communities.

Organization-led projects

Education is one of our priority areas and we have channelized our organization-led projects to promote primary, secondary and higher education initiatives across the country. We work closely with educational institutions with an additional focus on remote areas and the less privileged sections to improve access to quality education. In an effort to encourage students from rural India to pursue higher education, we provide scholarships, fund infrastructure for government schools and train the teachers of schools and colleges.

Infosys Science Foundation

The Infosys Science Foundation (ISF) was set up by Infosys and some of its management in 2009 to encourage the pursuit and practice of the sciences. The Infosys Prize, governed by the ISF, recognizes some of the finest research connected to India. The prize winners, who go on to serve as role models for young researchers and scholars, are awarded a purse of 65 lakh (tax-free in India) and a citation by a globally-renowned jury across six fields. The winners for 2015 were felicitated by the President of India, Pranab Mukherjee. They are:

Infosys Prize 2015 category

Winner

Engineering and Computer Science

Prof. Umesh Waghmare, Professor, Theoretical Sciences Unit, Jawaharlal Nehru Centre for Advanced Scientific Research, Bangalore

Humanities

Prof. Jonardan Ganeri, Global Network Professor of Philosophy, New York University, New York, and Visiting Professor, Department of Philosophy, King’s College, London

Life Sciences

Dr. Amit Sharma, Head, Structural and Computational Biology Group, International Centre for Genetic Engineering and Biotechnology, New Delhi

Mathematical Sciences

Prof. Mahan Mj, Professor, School of Mathematics, Tata Institute of Fundamental Research, Mumbai

Physical Sciences

Prof. G. Ravindra Kumar, Senior Professor, Department of Nuclear and Atomic Physics, Tata Institute of Fundamental Research, Mumbai

Social Sciences

Dr. Srinath Raghavan, Senior Fellow, Centre for Policy Research, New Delhi

Jurors and winners of the Infosys Prize give public talks about their work under the ISF Lecture Series initiative. The ISF also piloted Gnanadeepa, a program to train educators on how to impart science and math concepts so students will grasp them better. The ISF also hosts public contests, school events and media debates to promote a healthy discussion around science and research in the country.

For more details, visit
www.infosys-science-foundation.com.

Campus Connect

Campus Connect (CC), launched in May 2004, is a first-of-its-kind industry-academia partnership program that aims at raising the employability of India’s engineering students. Through CC, we seek to share some of our best practices with engineering colleges, thus aligning the needs of institutions, faculty and students with those of the IT industry. We also work with autonomous engineering institutions across the country to co-create industry electives in foundational computer science, soft skills and advanced topics, such as business intelligence and enterprise architecture. Many of these have already been included in the curricula of these institutions.

Apart from classroom sessions, the program organizes conclaves, road shows at institutions, faculty enablement programs, industrial visits for students and faculty, seminars and workshops, programming contests for students, sabbaticals, technical events, research paper sponsorships and soft-skills training for students and faculty members.

Over the last 12 years, a total of 3,71,639 students and 13,111 faculty have been covered as part of the CC initiatives. Out of 317 CC partner colleges, at least 122 engineering colleges have introduced the program as an elective for their students, thereby integrating software engineering concepts and practices into the engineering curriculum.

Here is a quick snapshot of some of our efforts:

Inspire: The CC faculty partnership model

Faculty members play a vital role in CC engagement and hence, it is imperative for us to strengthen the partnership with them. Inspire is a platform to boost the partnership between Infosys and faculty members of CC partnering institutions. It is also a celebration of excellence where faculty members get recognized and rewarded for their outstanding contribution to this program and events. It provides an opportunity for the faculty to visualize and accomplish a growth path with Infosys in terms of contributions to CC, strengthening the mutual relationship and in the process availing more competency development offerings from us.

Inspire partnerships 2015-16

Faculty members identified at Bronze level

269

Faculty members identified at Silver level

119

Faculty members identified at Gold level

9

SPARK

SPARK is a one-day program to raise aspirations of students across India. Launched in 2008, the SPARK portfolio includes three programs – the Rural Reach Program, Catch Them Young and SPARK – Guru. As part of SPARK, we engaged with over 12,654 students during fiscal 2016. Since its launch in 2008, the program has reached over 9,29,114 students.

Rural Reach Program (RRP)

This one-day program builds awareness about computers and the power of IT among students in rural India. Personal computers are donated to government schools within a 50 km to 150 km radius of our campuses. Based on the end-of-use earmarked for these computers, the schools are also provided the necessary guidance for the safe disposal of e-waste.

Catch Them Young (CTY)

This 10-day summer vacation program held on our campuses, opens up the world of IT to the bright urban youth. Meritorious students from the ninth grade are selected through a test and trained by members of our ETA department.

SPARK – Guru

This program focuses on augmenting the knowledge of teachers from government schools along with enhancing their teaching skills in keeping with the current industry needs.

Employee-driven initiatives

Building responsible citizens, we believe is the best gift we can give the world. Consequently, we provide platforms at all our development centers to encourage employees to become involved with and work on social and environmental projects of their choice. This platform also allows employees to come together to reaffirm their commitment to carrying out their civic responsibilities.

When Chennai experienced unprecedented rainfall in December 2015 causing severe floods, volunteers from our Chennai development center supported over 60 villages by sending relief materials to the affected areas and attended to the needs of people, who had lost their homes. Joining hands with the Confederation of Indian Industries (CII), we provided high-capacity pumps to the state government to drain out flood water.

Community sabbatical

Our employees are encouraged to take a break from work to participate in and lead community development projects through the Sabbatical policy for community service launched in October 2008. During this time, they receive half their salary and are given the choice to return to normal work, after completion of the project, within six months to one year. Till date, 56 employees have availed of the community sabbatical option.

Infosys Prize 2015 winners with the President of India, Pranab Mukherjee, and Infosys founders, N. R. Narayana Murthy and S. D. Shibulal

R Seshasayee

Chairman of the Board and Independent

R. Seshasayee is the Chairman of the Board of Directors, Infosys.

Seshasayee, a chartered accountant, started his career with Hindustan Lever Ltd. in 1971.

He joined Ashok Leyland in 1976, rose to become the Executive Director – Finance in 1983 and was elevated to Deputy Managing Director in 1993 and Managing Director in 1998. He became the Executive Vice Chairman of Ashok Leyland in 2011, and is presently the Non-Executive Vice Chairman of the company.

He led Ashok Leyland’s transformation into a self-reliant, globally competitive technology leader seeking growth through globalization and diversification, with acquisitions and joint ventures. He also led the company to embrace the tenets of sustainable development and environmental protection. During his tenure as the Managing Director from 1998-99 to 2010-11, Ashok Leyland’s turnover increased five times from Rs.2045 Cr to Rs. 12093 Cr, net profit thirty times, and market cap fourteen times.

Seshasayee has been the Chairman of IndusInd Bank from 2007 till date. During this period, both net profit and market cap of the bank increased twenty six times.

Seshasayee is presently Vice Chairman, Hinduja Group India. Hinduja Group is a multi-billion, transnational group, with global presence in banking and finance, automotive, infrastructure, specialty chemicals, realty, etc.

He served on the Board of ICICI Ltd./ICICI Bank from 1997-2003 He has been on the Board of Infosys Ltd. from January 2011. He was the Chairman of the Audit Committee.

Seshasayee was the President of Confederation of Indian Industry (CII) during 2006-07 and has been an active leader of CII for over 20 years. He was the President of the Society of Indian Automobile Manufacturers (SIAM), the apex body representing the Indian automobile industry during 2001-03.

Seshasayee has served on several government and professional committees.

As a member of Government of India delegations, Seshasayee was an active participant at the Doha Ministerial Round of WTO in 2001 and the Hong Kong Ministerial at Hong Kong in 2005. Seshasayee was also the Co-Chair of the World Economic Forum – Middle East during 2007.

He has served as the Chairman of the Board of Governors of the National Institute of Technology, Tiruchirapalli (NIIT) and as the Chairman of the Indian Institute of Information Technology Design and Manufacturing (IITD & M), Kancheepuram.

Seshasayee is the Chairman of the Executive Council of the Cancer Institute, Chennai; President of Schizophrenia Research Foundation (SCARF); and Vice President of the Music Academy, Chennai.

Seshasayee has won many honors and recognitions, including the Star of Italian Solidarity award from the Italian Government, Sir Jehangir Ghandy Medal for Industrial and Social Peace from XLRI, Jamshedpur, and the Lifetime Achievement Award from the Institute of Chartered Accountants of India.

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Dr. Vishal Sikka

Chief Executive Officer and Managing Director

Dr. Sikka joined Infosys in 2014 to help transform the company during a time of significant change in the services industry, change that was brought on by the cost imperatives of clients on the one hand, and significant and rapid advancements in technology on the other hand. Since joining Infosys, Dr. Sikka has implemented a strategy of helping clients renew their existing landscapes to fundamentally drive down costs using automation and artificial intelligence, and at the same time bring breakthrough innovation that transforms user and consumer experiences, opens new business opportunities and new business models, and leverages data in entirely new ways. Key initiatives such as Zero Distance, which focuses on finding innovation in every project for every client, on an ongoing basis, has set a precedent in the industry for driving grassroots innovation. Similarly, the notion of looking at technology as an amplifier of human potential has enabled the company to bring together services, software and platforms in a way that drives unprecedented value for companies across every industry.

In addition, Dr. Sikka has created a strong focus on learning and education within Infosys, a culture which not only drives value for clients and the entire Infosys ecosystem, but extends outside the company as well. Infosys is helping clients in their efforts to create learning and collaborative cultures – helping them to find the most important problems to solve using Design Thinking as the framework, to rethink existing processes leveraging technology, to find new ways of working as teams and as individuals, and to build incredible talent, skills and passion across teams.

Prior to joining Infosys, Dr. Sikka was a member of the Executive Board of SAP SE, leading all products and technologies, including all of product development, and driving innovation globally. In his 12 years at SAP, Dr. Sikka held several senior leadership roles including becoming SAP’s first-ever CTO in 2007. As CTO, Dr. Sikka was responsible for overall technology architecture and ensuring coherence in SAP’s product strategy. During that time and later when he joined the Executive Board of SAP, Dr. Sikka brought a strong focus on delivering innovation non-disruptively, simplifying customers landscapes, and delivering new and delightful user experiences.

When Dr. Sikka joined the SAP Executive Board in February 2010, he brought this same focus to all of product development and was instrumental in building a culture of innovation at SAP; innovation became the focus and was at the heart of everything the company developed and delivered to customers. Among other things, Dr. Sikka is credited with creating SAP’s breakthrough in-memory data platform SAP HANA, the fastest growing product in SAP’s history. He also accelerated SAP’s development processes, bringing a deep focus on design and user experience, creating a culture of innovation, initiating for the first time in company history a focus on startups, driving venture investments, and leading product incubation as well as co-innovation with customers.

Dr. Sikka is the creator of ‘timeless software,’ a framework which articulates the principles of renewing existing processes and landscapes without disruption to customer environments. The principles of Timeless Software provide the foundation to ensuring there is no longer a trade-off between leveraging breakthrough innovation and ensuring the consistency, reliability and coherence of systems and user experiences. Dr. Sikka is especially known for his championship of technology as an amplifier of human potential and his passion for applying software in purposeful ways to address some of the biggest global challenges.

His experience includes research in artificial intelligence, intelligent systems, programming languages and models, and information management – at Stanford University, at Xerox Palo Alto Labs, and as the founder of two startups.

Dr. Sikka received his BS in Computer Science from Syracuse University. He holds a Ph.D. in Computer Science from Stanford University.

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Pravin Rao

Chief Operating Officerand Whole-time Director

As the Chief Operating Officer, Pravin Rao is responsible for driving growth and differentiation across portfolios at Infosys. Additionally, he oversees global delivery, quality and productivity, the supply chain and business enabler functions. He is also the Chairperson of Infosys BPO.

Pravin has over 28 years of experience. Since joining Infosys in 1986, he has held a number of senior leadership roles such as Head of Infrastructure Management Services, Delivery Head for Europe, and Head of Retail, Consumer Packaged Goods, Logistics and Life Sciences. Pravin holds a degree in electrical engineering from Bangalore University, India.

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Kiran Mazumdar-Shaw

Independent Director

Kiran Mazumdar-Shaw is Chairperson and Managing Director of Biocon Limited, a biotechnology company based in Bangalore, India.

Kiran is highly respected in the corporate world and has been named among TIME magazine’s 100 most influential people in the world. The Economic Times placed her at India Inc.’s top 10 most powerful women CEOs for the year 2012. Her pioneering efforts in biotechnology have drawn global recognition for both the Indian industry and Biocon.

Kiran holds a bachelor’s degree in Zoology from Bangalore University, India, and is qualified as a Master Brewer from Ballarat University, Australia. She has also received many honorary doctorates in recognition of her pre-eminent contributions to the field of biotechnology.

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Roopa Kudva

Independent Director

Roopa Kudva is Managing Director of Omidyar Network India Advisors and Omidyar Network partner. Omidyar Network is a US-based philanthropic investment firm.

Previously, she was the MD and CEO of CRISIL, a global analytical company providing ratings, research, and risk and policy advisory services. She has led CRISIL’s evolution from a leading Indian rating agency to a diversified analytical company with clients ranging from the largest investment banks of the world to tens of thousands of small firms spread across India. Under her leadership, CRISIL’s market capitalization has grown four-fold from Rs. 2,900 crores to Rs. 14,000 crores, and revenues have tripled.

Ms. Kudva regularly features in lists of the most powerful women in business compiled by prominent publications, including Fortune and Business Today. She is a recipient of several prestigious awards including the ‘Outstanding Woman Business Leader of The Year’ at CNBC TV18’s ‘India Business Leader Awards 2012’, India Today ‘Corporate Woman Award 2014’ and Indian Merchants’ Chamber Ladies' Wing’s ‘Woman of the Year’ Award 2013-14.

Ms. Kudva is a member of several policy-level committees relating to the Indian financial system, including committees of the Securities and Exchange Board of India and the Reserve Bank of India. She has also been a member of the Executive Council of NASSCOM. She is a regular speaker at global conferences and seminars by multilateral agencies, market participants, and leading academic institutions.

Ms. Kudva holds a postgraduate diploma in management from Indian Institute of Management, Ahmedabad (IIM-A) and also received the ‘Distinguished Alumnus Award’ from her alma mater.

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Ravi Venkatesan

Independent Director

Ravi Venkatesan is a Director on the Boards of Infosys and AB Volvo, and a Fellow of the Center for Higher Ambition Leadership, Boston. He is an advisor to several family businesses and entrepreneurial ventures. He is also a member of the Advisory Board of Bunge Ltd., the Global Alumni Board of Harvard Business School, and of Marico Innovation Foundation. Ravi is a founding partner and Chairman of Social Venture Partners, India – a network of engaged philanthropists attempting to address complex social issues through venture philanthropy.

Between 2004 and 2011, Ravi was the Chairman of Microsoft India, which, under his leadership, became Microsoft's second largest and one of its fastest growing geographies. It was also consistently rated among the best employers and most respected companies in India. He was instrumental in helping Microsoft India create ‘Shiksha’, a large computer literacy program that helped train over 35 million students from disadvantaged backgrounds.

Prior to Microsoft, Ravi spent sixteen years with Cummins Inc. As Chairman of Cummins India Limited, he oversaw the company’s transformation into a leading provider of power solutions and automotive engines in India. He also played a key role in establishing the Cummins College of Engineering, India's first engineering college for women, in Pune.

Ravi was voted the most influential MNC CEO for 2011 by the Economic Times daily. He has authored the book, “Conquering the Chaos: Win in India, Win Everywhere”.

Ravi holds a bachelor’s degree in mechanical engineering from the Indian Institute of Technology, Bombay; a master’s in engineering from Purdue University; and a Master of Business Administration from Harvard Business School, where he was a Baker Scholar. Ravi was awarded the Distinguished Engineering Alumnus award in 2011 by Purdue University, and the Distinguished Alumnus award by the Indian Institute of Technology.

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Dr. Punita Kumar-Sinha

Independent Director

Dr. Punita Kumar-Sinha has focused on investment management and financial markets during her 25-year career. She spearheaded some of the first foreign investments into the Indian equity markets in the early 1990s. Currently, she is the Founder and Managing Partner, Pacific Paradigm Advisors, an independent investment advisory and management firm focused on Asia. Dr. Kumar-Sinha is also a Senior Advisor and serves as an Independent Director for several companies. Prior to founding Pacific Paradigm Advisors, she was a Senior Managing Director of Blackstone and the Chief Investment Officer of Blackstone Asia Advisors. Dr. Kumar-Sinha was also the Senior Portfolio Manager and CIO for The India Fund (NYSE:IFN), the largest India Fund in the US, for almost 15 years, The Asia Tigers Fund (NYSE:GRR), and The Asia Opportunities Fund.

Prior to joining Blackstone, Dr. Kumar-Sinha was a Managing Director and Senior Portfolio Manager at Oppenheimer Asset Management Inc., and CIBC World Markets, where she helped open one of the first India advisory offices for a foreign firm. She also worked at Batterymarch (a Legg Mason company), Standish Ayer & Wood (a BNY Mellon company), JP Morgan and IFC/World Bank.

Dr. Kumar-Sinha has been frequently featured in the media, including: The Financial Times, The New York Times, The Wall Street Journal, Barron’s, Forbes, CNN, CNBC, Fox News, Star News, Bloomberg , ET Now and The Economic Times. She has also anchored a TV series on ET NOW on various global economies, key Indian policy issues and their impact on capital markets. Dr. Kumar-Sinha has been a speaker at many forums and many of her contributions at seminars and conferences have projected the potential and prospects of Asia as an investment destination.

Dr. Kumar-Sinha has a Ph.D. and a Masters in Finance from the Wharton School, University of Pennsylvania. She received her undergraduate degree in chemical engineering with distinction from the Indian Institute of Technology, New Delhi. She is an MBA and also a CFA Charter holder. Dr. Kumar-Sinha is a member of the CFA Institute, the Boston Security Analysts Society and the Council on Foreign Relations. She is a Charter Member and was a Board Member of TIE-Boston. Dr. Kumar-Sinha has been awarded the Distinguished Alumni Award from IIT Delhi.

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Prof. Jeffrey Sean Lehman

Independent Director

Prof. Jeffrey Sean Lehman is the inaugural vice chancellor of NYU Shanghai. He has previously been founding dean of the Peking University School of Transnational Law, president of Cornell University, dean of the University of Michigan Law School, a tenured professor of law and public policy at the University of Michigan, a practicing lawyer in Washington, D.C., a law clerk to Associate Justice John Paul Stevens of the U.S. Supreme Court, and a law clerk to Chief Judge Frank M. Coffin of the U.S. Court of Appeals for the First Circuit.

Jeffrey is also chancellor of the Peking University School of Transnational Law, a nonresident senior scholar at the Woodrow Wilson International Center for Scholars, a member of the international advisory board of the Nazareth Academic Institute, and an American representative in the U.S.-China Legal Experts Dialogue.

He previously served as president of the American Law Deans Association, as chair of the board of Internet2, and as a member of the boards of trustees of the Consortium on Financing Higher Education, the Skadden Fellowship Foundation, and the Asian University for Women Support Foundation.

Jeffrey’s honors include the Friendship Award from the People’s Republic of China, the National Equal Justice Award from the NAACP Legal Defense and Educational Fund, Inc., an honorary doctorate from Peking University, honorary professorships from several other universities, and membership in the American Law Institute. Jeffrey earned a bachelor’s degree in mathematics from Cornell University and degrees in law and public policy from the University of Michigan.

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Prof. John W. Etchemendy

Independent Director

John W. Etchemendy is the Provost of Stanford University and Patrick Suppes Family Professor in the School of Humanities and Sciences.

Professor Etchemendy is also a faculty member of the Symbolic Systems Program and a senior researcher at the Center for the Study of Language and Information (CSLI). He has received the Dean’s Award for Excellence in Teaching (1988), and the Bing Award for Excellence in Teaching (1992). In addition, he is also the recipient of the Educom Medal for leadership in the application of technology to teaching. Professor Etchemendy received his B.A. and M.A. in Philosophy from the University of Nevada, Reno. He earned his doctorate in Philosophy at Stanford University. He served on the faculty at Princeton University for two years before joining the Department of Philosophy at Stanford as a faculty member.

Professor Etchemendy is the author of numerous books and articles on logic, some co-authored with several close collaborators. He has been co-editor of the Journal of Symbolic Logic and is on the editorial board of several other journals.

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