Cognizant Technology Solutions Corp Class A.
CTSH.US | Computer consultancy and computer facilities management activities
Cognizant Technology Solutions Corp. is a professional services company, which engages in providing information technology (IT), consulting, and business process services. It operates through the following segments: Financial Services, Healthcare, Products and Resources, and Communications, Media an...Show More
Better Health for All
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Cognizant's core business involves providing IT, consulting, and business process services. These services do not inherently carry direct health risks or benefits for end-users, nor do they involve the production of physical health products. There is no evidence of revenue from products or activities with well-established negative health outcomes. The company's services do not have direct safety implications for physical or mental health, nor do they involve health-related products requiring price accessibility or risk transparency disclosures. Operations do not generate significant health externalities. As Cognizant is not a pharmaceutical or food company, KPIs related to patents, nutrition, or addiction mitigation are not applicable.
Fair Money & Economic Opportunity
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Cognizant is a professional services company providing IT, consulting, and business process services to other businesses, including financial institutions. It does not directly offer lending, deposit, or other financial products to consumers. Therefore, KPIs related to consumer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion lending, customer data accessibility, fair lending compliance, wealth building outcomes, debt burden ratio, geographic inclusion, and product simplicity, are not applicable to Cognizant's direct operations. While Cognizant's social initiatives include investing in STEM education for underserved communities to promote economic opportunity
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, this is not financial literacy or community finance reinvestment as defined by the rubric.
Fair Pay & Worker Respect
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No specific, quantifiable evidence was provided in the article to assess the company against the defined Key Performance Indicators for Fair Pay & Worker Respect. While the article mentions penalties for employment-related offenses since 2000, it does not provide the count of substantiated labor-law or human-rights violations within the past three years, as required by the rubric. The company has faced $6,530,861 in penalties for employment-related offenses since 2000.
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Fair Trade & Ethical Sourcing
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Cognizant Technology Solutions Corp. has Supplier Standards of Conduct, effective since October 2021, which require suppliers to comply with laws and uphold ethical practices.
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As a professional services company, it does not procure or trade physical commodities, nor does it have material sourcing of at-risk inputs.
Honest & Fair Business
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Cognizant's corporate governance framework includes an Anti-Corruption Policy and a Whistleblower Policy.
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The company provides annual ethics training to its employees.
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In 2019, the Department of Justice declined prosecution of Cognizant under the Foreign Corrupt Practices Act, citing the company's prompt self-disclosure, cooperation, and remedial actions, following a $25 million penalty for FCPA violations.
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Kind to Animals
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Cognizant has engaged in biodiversity conservation initiatives, including the restoration of water bodies like Neknampur Lake and Jakkur Lake, which benefited various plant and animal species.
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The company contributed over $373,700 to rejuvenate Sembakkam Lake, enhancing local biodiversity.
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Additionally, Cognizant leverages digital and IoT technologies, such as remote sensing and acoustic monitoring, to monitor marine ecosystems and support marine biodiversity protection.
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No War, No Weapons
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Cognizant acquired Belcan, a digital engineering firm specializing in Engineering Research & Development services across sectors including aerospace, defense, and space, with clients such as the U.S. Navy
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. The company also collaborates with AWS to deliver smart manufacturing solutions in aerospace
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. Additionally, in 2018, Cognizant U.S. Foundation committed $4.5 million to the Wounded Warrior Project's 'Warriors to Work' program, which supports U.S. military veterans in acquiring digital skills for civilian careers
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.
Planet-Friendly Business
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Cognizant committed to achieving net zero emissions by 2030, announced in October 2021.
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This commitment includes targets to reduce greenhouse gas emissions by 50% by 2030 and 90% by 2040, both compared to a 2019 baseline.
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As of 2023, the company reported a 47% reduction in emissions from its 2019 baseline.
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Respect for Cultures & Communities
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Cognizant volunteers dedicated 1,871 hours in 2019 to restore the 400-year-old Neknampur Lake in Hyderabad, India, preserving a cultural site.
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The Cognizant Foundation India has partnered with over 300 non-profits, implementing 600 projects over two decades, including creating an accessible learning platform and providing smart vision glasses to visually impaired students.
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Between 2018 and April 2024, Cognizant granted $70 million to 77 organizations globally to drive economic mobility in underrepresented communities.
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This includes a $250,000 donation in 2022 to the University of Montana's Native Excellence Programs, supporting Native American STEM education and the Indigenous First-Year Experience program, part of a broader $5.3 million commitment to expand STEM education for underrepresented groups.
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The company also fosters internal diversity through affinity groups like the Black, Latinx, and Indigenous Group (BLING)
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and highlights cultural diversity during Native American Heritage Month.
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No cultural appropriation incidents have been reported.
Safe & Smart Tech
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Cognizant has established a comprehensive set of Responsible AI Principles that guide ethical AI development, emphasizing safety, transparency, human empowerment, security, fairness, accountability, scalability, and sustainability.
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The company aligns its practices with global AI frameworks, including the OECD AI Principles, UNESCO Ethical AI Guidelines, EU AI Act, NIST AI Risk Management Framework, and ISO AI Standards.
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This alignment also demonstrates compliance with relevant privacy regulations, such as the EU AI Act.
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Zero Waste & Sustainable Products
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Cognizant has set a goal to deliver zero e-waste to landfill by 2030.
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This represents a quantitative waste reduction target for a specific waste stream with a defined timeline.