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Globant Recognized for its Social and Environmental Impact in Fortune's Change the World Ranking
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07 Oct 2024
Press Release
The company ranked 6th and was recognized for contributing to initiatives to reduce carbon emissions while empowering social communities in Peru and India.
NEW YORK – October 7, 2024 - Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, ranked #6 on Fortune's 2024 Change the World list out of an initial 250 companies for its overall sustainability commitment and specifically for the collaboration with the Qori Q'oncha program, implemented and managed by Microsol in Peru, and the Green Energy Farming Project with Jnana Prabodhini in India.
To compensate for its 2023 corporate carbon emissions while empowering communities, Globant supported these initiatives fostering an autonomous and sustainable future, significantly enhancing life quality in both regions. The two sustainable programs supported by Globant are the QoriQ’oncha program with Microsol in Peru, which positively impacts life quality for rural families by providing Improved Cookstoves (ICS), and the Green Energy Farming project with Jnana Prabodhini in India, which supports rural women heads of households in Velhe, Maharashtra, by training them in cultivating Napier Grass, which is transformed into energy pellets for heating and selling, providing them with additional income.
The investment made by Globant in Microsol's Qori Q’Oncha program, in 2023, made a profound impact by avoiding the release of 12,000 tCO2e into the atmosphere as greenhouse gas emissions. The Green Energy Farming project in India prevented 10 tons of wood from deforestation while improving the overall quality of life for over 6,500 beneficiaries.
Fortune is a global multi-platform media company that tells the stories of the world's most prominent companies, leaders, and new generation of innovators and business first movers. It measures corporate performance through rigorous benchmarks, holding companies accountable globally. Its iconic rankings include the Fortune 500, Fortune Global 500, Most Powerful Women, and the World's Most Admired Companies, among others.
In its 10th edition, the Change the World list showcased 52 global companies selected from a pool of 250. These companies have made significant contributions to social and environmental causes through their strategies and operations across diverse industries, including technology, space exploration, e-commerce, and healthcare.
“We are proud that Fortune has recognized our goal of making reinvention a force for positive change, working toward a sustainable future, and driving individual growth through technology, ” said Patricia Pomies, Chief Operating Officer at Globant. “We are also thrilled to be the only company representing Latin America on the list, which motivates us to continue working for leading change in fast-growing, successful companies.”
In 2022, Globant was recognized in Fortune’s Change the World list for its Code Your Future initiative. This program originated in 2019 as company fellowships and free training initiatives designed to support individuals study technology and create opportunities to train diverse talent at Globant. As part of Code Your Future, Globant collaborates with educational institutions by offering scholarships in Colombia, Mexico, Argentina, Chile, Uruguay, and Peru.
Founded in 2003, Globant is present in 33 countries and has more than 29,100 employees worldwide. It works with organizations in key industries to reinvent and unleash their full human-centered potential powered by tech. Using digital transformation as its main driver, the company's mission is continuously improving day-to-day experiences for people and organizations worldwide. Globant has counted on a corporate sustainability area since its foundation and has shaped a dedicated sustainable tech studio since 2020.
To learn more about Globant, click here.
About Globant
At Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our experience as an AI powerhouse. We dare to digitally transform organizations and strive to delight their customers.
We have more than 29,100 employees and are present in 33 countries across 5 continents, working for companies like Google, Electronic Arts, and Santander, among others.
We were named a Worldwide Leader in AI Services (2023) and a Worldwide Leader in CX Improvement Services (2020) by IDC MarketScape report.
We are the fastest-growing IT brand and the 5th strongest IT brand globally (2024), according to Brand Finance.
We were featured as a business case study at Harvard, MIT, and Stanford.
We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.
Contact: pr@globant.com
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