Company Directory - Wipro Limited
Company Details - Wipro Limited
Wipro Limited
WebsiteBangalore, India
NYSE: WIT, BSE: 507685, NSE: WIPRO
Wipro Limited is a global information technology, consulting and business process services company. It offers a broad range of services and solutions that help organizations transform their IT operations and drive digital innovation.
CCI Score
CCI Score: Wipro Limited
24.01
-0.01%
Latest Event
Wipro Chairman's Optimism Despite Authoritarian Implications
Wipro's Executive Chairman, Rishad Premji, expressed optimism about Donald Trump's potential return, citing anticipated tax cuts and deregulation that could boost the tech services industry. However, from an anti-fascist perspective, endorsing policies associated with Trump’s authoritarian tendencies raises concerns about the company indirectly legitimizing authoritarian practices.
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SABOTEUR
Wipro Limited is currently rated as a Saboteur.
Latest Events
- NOV202024
Wipro's Executive Chairman, Rishad Premji, expressed optimism about Donald Trump's potential return, citing anticipated tax cuts and deregulation that could boost the tech services industry. However, from an anti-fascist perspective, endorsing policies associated with Trump’s authoritarian tendencies raises concerns about the company indirectly legitimizing authoritarian practices.
-40
Executive Political Engagement
March 21
Wipro’s Executive Chairman publicly expressed support for a potential second term of Donald Trump, with an emphasis on benefits like tax cuts and deregulation. This statement aligns the company with political rhetoric that is often linked with authoritarian measures. Given that executive endorsements of such policies can be seen as supporting a broader agenda that undermines democratic norms, this rating reflects a negative contribution to the company's complicity index.
Wipro chairman Rishad Premji on how Donald Trump's return means 'good news' for Indian IT companies
- OCT072024Modern Slavery Statement
73.50
Wipro Limited has released its Modern Slavery Statement which outlines robust policies, due diligence processes, and a comprehensive supplier code of conduct aimed at preventing forced labor, human trafficking, and other modern slavery practices. The policy underscores Wipro’s commitment to protecting human rights both within its operations and across its global supply chain.
+80
Labor Relations and Human Rights Practices
October 7
Wipro's Modern Slavery Statement demonstrates a strong commitment to labor rights by explicitly prohibiting slavery, forced labor, and human trafficking. Their internal policies, including the Code of Business Conduct and Ethics and specific supplier guidelines, highlight effective measures for safeguarding human rights within its workforce and extended supply chain.
+75
Supply Chain Ethics
October 7
The statement includes detailed measures for ensuring ethical conduct across its supply chain. Wipro’s risk-based assessment processes and supplier code of conduct mandate compliance with anti-slavery and anti-human trafficking norms, reflecting a proactive approach to managing supply chain ethics.
- JUL052024
Wipro Limited has implemented a comprehensive Sustainable Procurement Policy that emphasizes ethical sourcing, strong labor relations, and robust supply chain ethics. The policy mandates fair working conditions, prohibits forced and child labor, and promotes supplier diversity via transparent, sustainable, and accountable procurement practices.
+80
Labor Relations and Human Rights Practices
July 5
The policy clearly enforces robust labor standards and human rights practices by mandating fair employment conditions and prohibiting forced and child labor. This positive approach to labor relations supports the rights and well-being of workers across Wipro's supply chain.
+80
Supply Chain Ethics
July 5
Wipro's policy emphasizes sustainable and responsible sourcing by requiring suppliers to adhere to stringent ethical, environmental, and social standards. This commitment to supply chain ethics fosters transparency and accountability, enhances supplier diversity, and strengthens risk management practices.
- DEC022013
Wipro, as part of the broader trend among Indian IT companies, refrains from making political donations. This decision is seen as a commitment to political neutrality and transparency, reducing risks of entanglement with partisan politics and potential authoritarian influences.
+80
Political Contributions and Lobbying Efforts
March 21
According to the Economic Times article, Wipro, like other global IT companies operating in India, avoids political funding. This practice is viewed positively from an anti-fascist perspective as it prevents the company from channeling money into political arenas that could be influenced by authoritarian ideologies. The adherence to transparency and adherence to global FCPA disclosure standards reinforces its ethical stance in political engagements.
- JAN012013
In 2013, Wipro spent $440,000 on US lobbying focused on immigration-related issues. This expenditure indicates an effort to influence US immigration and trade policy, raising concerns about corporate complicity in promoting policies that may undermine democratic values and contribute to authoritarian practices.
-50
Political Contributions and Lobbying Efforts
March 21
Wipro's significant spending on lobbying for immigration-related issues in 2013 demonstrates a willingness to invest in political influence. Such actions can be seen as prioritizing corporate interests over democratic fairness, aligning with practices that have the potential to bolster authoritarian policy outcomes.
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