Welcome to Infosys Integrated Annual Report 2021 - 2022
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It is often said that if you are overwhelmed by the size of a problem, break it down into smaller pieces. Especially those that we think of as daunting, overwhelming, and incredibly hard – they can all be accomplished by taking on small parts at a time. Or can they?
The journey to realizing our collective potential
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Organizations apply data-driven and agile-driven approaches – from predictive systems to AI-driven automation – but mostly sporadically. This leaves so much value lying on the table. When it comes to data guiding processes, only a fraction is often processed due to the limits of legacy technology, challenges of adding more modern digital capabilities, and high computational demands of intensive, real‑time processing jobs.
Umashankar Lakshmipathy SVP – Group Practice Engagement Manager Know More
While several organizations have successfully adopted a cloud‑first strategy to build new digital capabilities and transform their businesses, the journey to the cloud can be challenging for some.
Dennis Gada SVP – Industry Head Know More
One of the most puzzling challenges of our times is determining changing customer behaviors and trends. And then taking advantage of this to quickly realign business strategies is key to cementing competitive advantage. The challenge is two‑fold – shining a light on insights amid the chaos and multiple sources of data, as also building the performance infrastructure that can pivot on demand to where these insights point.
Ambeshwar Nath SVP – Industry Head Know More
While helping our clients navigate their next, our own ambitious journey to the next in the world of digital, is steered by our employees. Ensuring they are making progress in their career journeys and realizing their aspirations is a key driver of our people practice. To this end, we have engineered Infosys Career Gambit, a comprehensive program to empower our employees with a roadmap for future readiness.
Nandini S. SVP – Group Head – Organization Development Know More
Technology has fundamentally changed the way we approach life and work. At Infosys, technology informs our people strategy through the creation of virtual work arrangements that enable inclusive and flexible work. It also creates the opportunity to work with an organization where diverse talent can participate fully, learn, collaborate and have fun.
Aruna C. Newton AVP – Head – Diversity, Equity and Inclusion Know More
The world of work, for all of us, is transformed. Artificial intelligence and software-powered automation, especially over the past decade, have mechanized prior generations of routine work. Some jobs, with automatable predictable steps have been lost, with many others created, and almost all of them will no doubt continue to change with growing digitalization. The pandemic that raged over the past several months accelerated the adoption of digital and dramatically disrupted labor markets driving organizations to reevaluate every aspect of work. At Infosys, we too have adapted and evolved.
Sushanth Tharappan SVP – Head – Leadership Development Know More
As a responsible corporation, Infosys is striving to drive its business sustainably through focused action, collaboration, advocacy, and thought leadership.
Bose Koorliyil Varghese Head – Green Initiatives Know More
The future is digital. And we at Infosys believe that everyone
deserves a seat at the table.
Globally, Infosys and its CSR teams are actively deployed
to unleash the talent of every individual to participate in
this dynamic digital generation – irrespective of geography
or zip code.
Kate Maloney AVP – Senior Principal – Business Consulting Know More
The culture of an organization is the outcome of how its people think and behave in response to internal and external stimuli. These behaviors are guided by the Company’s core values – either nurtured from the very beginning or developed over time. Leaders and managers lean on these values to navigate the path forward, especially during times of change or stress. At Infosys, that code of conduct and backbone for governance is C-LIFE – our acronym for Client Value, Leadership by Example, Integrity and Transparency, Fairness and Excellence
Rachael Zavodnyik AVP – Assistant General Counsel Know More
Differentiated cloud services and large deal momentum drive. Infosys’ highest annual growth in a decade. Our ESG Vision 2030 and ambitions continue to drive value for all our stakeholders.
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Note:
(1) Free cash flow is defined as net cash provided by operating activities less capital expenditure as per
the Consolidated Statement of Cash Flows prepared
under IFRS.
(2) Comprise cash and cash equivalents, current and non-current investments excluding investments in
unquoted equity and preference shares, compulsorily
convertible debentures and others
We are united by a common purpose – to amplify human potential and create the
next opportunity for people, businesses and communities. 
Nandan M. Nilekani Chairman
Our One Infosys
approach enables all
our capabilities and
employees to work
for the benefit of our
clients and support
them in their digital
transformation agenda.
Salil Parekh Chief Executive Officer and Managing Director
PREVNandan Nilekani
Our integrated thought process is engineered to create, sustain and deliver value to all our stakeholders. We achieve this by adhering to a strong set of values and code of conduct, being aware of key developments in the external environment, deploying resources optimally, executing our holistic strategy and continuously monitoring and managing any risks to our business.
Input
Financial Capital
Net assets
Consolidated cash and investments
Human Capital
Total no. of employees
Annual average training hours per employee
Investments in employee well-being
Intellectual Capital
Employees trained in digital skills
Innovation Hubs and Living Labs
Industry-leading products, solutions and platforms
Startups in our innovation ecosystem
Social and Relationship Capital
Highest rated green buildings
Capex spend on tech infrastructure
Climate change solutions
Natural and Manufactured Capital
Global CSR spends
Total number of active clients
No. of nearshore / tier-2 locations
No. of carbon offset projects
Process and Strategy
Go-to-market business units*
Financial Services and Insurance
Life Sciences and Healthcare
Retail, Consumer Packaged Goods and Logistics
Communications, Telecom OEM and Media
Energy, Utilities, Resources and Services
Manufacturing
Hi-Tech
Infosys Public Services and other public service enterprises
Others which includes segments of businesses in India, Japan and China
Outputs
Financial Capital
Constant currency revenue growth
Earnings per share growth
Return on equity
Human Capital
Fresh college graduates hired globally
Women in the workforce (39.6%)
Intellectual Capital
Digital revenues
Constant currency digital revenue growth
Digital leader ratings
Artifacts published by the Infosys Knowledge Institute (IKI)
Reports published by IKI
Patent portfolio
Social and Relationship Capital
Enabled in digital skills
New client accounts
Employees in nearshore / tier-2 locations
Rural families continue to benefit from our carbon offset projects
Natural and Manufactured Capital
Consecutive year of being carbon neutral across scope 1,2,3 emissions
Reduction in scope 1 and 2 emissions over the BAU scenario
Client engagements include climate change solutions
Investors
Clients
Employees
Suppliers
Communities
Government / Regulators
