Press Release Summary

InfoBeans Technologies Ltd, an AI-first engineering company listed on NSE (INFOBEAN) and BSE (543644), announced it has been awarded the EcoVadis Bronze Medal for sustainability performance.

Recognition Details

  • The Bronze Medal places InfoBeans among the top 35% of all companies assessed by EcoVadis in the 12 months preceding the award
  • The rating applies to InfoBeans Technologies Ltd at group level
  • The medal is valid until September 2027
  • EcoVadis has rated more than 175,000 companies across 180+ countries

Assessment Methodology

  • EcoVadis assessment covers 21 sustainability criteria across four themes: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement
  • Companies are required to submit evidence for their policies, actions taken under them, and results achieved
  • The methodology is built on international standards including the Ten Principles of the UN Global Compact, International Labour Organization conventions, Global Reporting Initiative standards, and ISO 26000

Strategic Context and Business Impact

Large enterprises, particularly in Europe and the US, face growing pressure from regulators and investors to manage sustainability risk across their supply chains. Many use EcoVadis ratings to assess suppliers. For an engineering services company like InfoBeans, an independent rating:

  • Speeds up supplier review processes for clients
  • Answers sustainability questions that clients would otherwise ask through multiple questionnaires
  • Provides evidence required by both procurement teams and investors

Management Commentary

Avinash Sethi, Co-founder and Chief Financial Officer, stated: "Our clients see sustainability on the supplier scorecard long before it reaches anyone's annual report. Their procurement teams want evidence, and so do our investors. Earning the Bronze Medal confirms that our foundations are strong. The scorecard also gives us a clear roadmap to the next level. In finance, a roadmap comes with targets and owners, and this one already has both."

Neha Chouhan, Director – Process Engineering & Compliance, added: "An assessment like this asks for proof, page by page: the policy, the record that shows it is followed, the data behind every number. It took people across governance, people, finance, audit and operations to put that evidence together, and most of them have never had sustainability in their job title. The medal is theirs. The improvement plan for our next assessment is already in motion."

Additional Information

  • The EcoVadis recognition can be viewed at the EcoVadis Recognition Page
  • The medal recognizes companies that have demonstrated a relatively strong management system addressing sustainability criteria
  • It is not a certification or endorsement of InfoBeans or its products/services
  • It does not indicate that InfoBeans' products or services are more sustainable than another company's

Company Background

InfoBeans is an AI-first engineering company that has operated for 26 years, helping enterprise clients solve complex business problems through software engineering. The company specializes in AI-led engineering and implementations and has a presence in the US, Europe, the Middle East and India.

Media contact: Apoorv Chaturvedi, Marketing, InfoBeans | apoorv.chaturvedi@infobeans.ai | +91 62633 46220