cognizant®
intuition engineered

ESG Report2022

Message from ourChief Executive Officer
Dear Stakeholders,
I had the privilege of joining Cognizant as CEO in
January 2023. In the months since becoming part of
the Cognizant team, I have been excited to see boththe progress the company has already made on its
journey towards becoming a more sustainable
enterprise and, more importantly, our ongoing efforts
to achieve even better outcomes. We arecontinuously expanding our thinking, uncovering more
opportunities to improve the way we operate andfinding more connections between what we do andthe larger world, all of which help us fulfill our
responsibility of creating value for all our stakeholders.
This holistic view is expressed in Cognizant’s purpose:
we engineer modern businesses to improve everyday
life. I believe in this purpose. Together with my morethan 355,000 colleagues around the world, I’mcommitted to Cognizant’s role in creating positivechange – economically, environmentally, sociallyand technologically.
In recent years, we’ve seen even more clearly how
ESG (environmental, social, governance)
considerations are interwoven with our business andhow deeply they affect our associates, clients,
investors, communities and other stakeholders. That’s
why I’m excited to guide our company as it continues
its sustainability journey, with a sharp focus on the
ESG issues we anticipate having the greatest
relevance to our business model and outcomes.
We emphasize a systems approach to our business.
For example, in managing talent, we think about how
best to attract, retain and engage talent, which we
believe means fostering a diverse and inclusive
workplace, providing opportunities for people toexpand their knowledge and develop rewarding

2

Cognizant ESG Report 2022

careers. Our efforts include offering sustainability
and climate training to our associates to gain theimportant skills needed to help enable alower-carbon
͏economy.
We also consider how to build an effective pipelinefrom which we will draw tomorrow’s talent. Thatmeans facilitating volunteer opportunities for our
associates to provide in-demand tech skills training
and digital services in those underserved communities
where our clients and we do business, increasing
inclusion in technology careers, which can open
pathways to prosperity. This circle of activity helps
enable us to attract top talent and help our people
reach their full potential while resonating with global
clients who we believe expect our workforce to mirror
the diversity of their workforces and customers.
The ESG journey is one we approach with humility.
While we’ve made progress in improving Cognizant’s
diversity, we believe there is more to do. Accordingly,
we’ve developed programs and initiatives to help
drive progress, such as including a metric within
Executive Committee compensation that’s focused on
gender diversity globally and on developing andretaining talent.
In keeping with our purpose, we believe a modern
business is a sustainable one that understands thewellbeing of its associates and operates with a value
chain connected to sustainably healthy ecosystems.
In keeping with our systems approach tosustainability, our focus is on managing our climate
risks and opportunities in the larger context of ourassociates, our network of suppliers and otherpartners and the communities in which we operate.

In 2022, we achieved significant progress in several
areas, such as:• Setting public, measurable goals for reducing
greenhouse gas emissions and committing to net
zero emissions• Enhancing our professional development programs,
leading to 25 million hours of learning completed by
our associates• Doubling the number of internships provided in our
India operations, with plans to double this number
again in 2023
I firmly believe talent is universally distributed acrosscountries and communities. In 2023, I announced that
Cognizant is simplifying our business operations,
including rationalizing our workspaces. Part of thisshift includes realigning our physical workplace to a
post-pandemic era of hybrid and redistributed work.
My hope is that this new rationalization and hybrid
model will allow more talent to work from a wider
range of locations and help Cognizant multiply theplaces where our associates can engage inmeaningful work.
Our company continues to evolve to cater to theneeds of our diverse stakeholders and adapt to ourchanging world. I am deeply grateful for your support
and trust in Cognizant, and I invite you to join us on
our journey.
Best regards,

Ravi Kumar
Chief Executive Officer
3

Table of contents
Forward-looking statements

6

Introduction

8

GovernanceCommitments and actions

10

Our ESG governance strategy

64

Strategy: Creating sustainable value

14

ESG oversight and governance65

Approach: Organize around our stakeholders

66

Enterprise Risk Management

68

Ethics and compliance

68

Associate health and safety70

Supply chain

71

Social16

62

Being Cognizant: Our people strategy

18

Arriving at Cognizant: From recruitment
through retention

19

Working at Cognizant: Supporting our people

23

Data security

72

Beyond Cognizant: Community engagement
and philanthropy

32

Data privacy

75

Public policy and political activity

76

Next: Skilling associates withsustainability training

37

Environment

38

Cognizant in the context of climate change

40

Climate risk and opportunity

41

Net zero goal: Metrics and targets

52

Water stewardship

58

Circularity: Upcycling and reducing waste

59

Biodiversity and nature

59

Client Sustainability Solutions

60

4

Cognizant ESG Report 2022

Appendix

78

About this Report78

GRI index

80

SASB index

90

TCFD index

94

GHG methodologies and verification96

Forward-looking statements
This report includes statements which may constituteforward-looking statements made pursuant to thesafe harbor provisions of the Private Securities
Litigation Reform Act of 1995, the accuracy of which
are necessarily subject to risks, uncertainties andassumptions as to future events that may not prove tobe accurate. The forward-looking statements in thisreport and the materials or websites cross-referenced
include, but are not limited to, express or implied
forward-looking statements relating to our
expectations regarding our vision, strategy, goals,
initiatives, commitments, risks and opportunities,
including with respect to our governance,sustainability, environmental impact, procurement,
philanthropy, data privacy and cybersecurity, theimpact of our ESG targets and climate efforts andofferings on our business, our future financial results,
our clients, our associates and our communities.
These statements are neither promises nor
guarantees, but are subject to a variety of risks anduncertainties, many of which are beyond our control,
which could cause actual results to differ materiallyfrom those contemplated in these forward-looking
statements. Existing and prospective investors are
cautioned not to place undue reliance on theseforward-looking statements, which are based on thecurrent and reasonable expectations of ourmanagement, but are inherently subject touncertainties and changes in circumstances and theirpotential effects and speak only as of the date hereof.
Factors that could cause actual results to differ
materially from those expressed or implied include
general economic conditions, changes in theregulatory environment, including with respect toclimate matters, immigration and taxes, legal,
reputational and financial risks resulting fromcyberattacks, the effectiveness of business continuity
plans, energy prices, lack of technologicalinnovations, climate-related conditions and weather
events, and the other factors discussed in our most

6

Cognizant ESG Report 2022

recent Annual Report on Form 10-K, as updated by ourmost recent Quarterly Report on Form 10-Q and otherfilings with the US Securities and Exchange
Commission (“SEC”). Further, these statements may
be based on standards for measuring progress thatare still developing and on assumptions that are
subject to change in the future. Forward-looking
statements are also aspirational and not guarantees
or promises that goals or targets will be met.
Cognizant undertakes no obligation to update orrevise any forward-looking statements, whether as aresult of new information, future events, or otherwise,
except as may be required under applicable securities
law. The information included in, and any issues
identified as material for purposes of, this document
may not be considered material for SEC reporting
purposes. In the context of this Report, the term“material” is distinct from, and should not be confused
with, such term as defined for SEC reporting purposes.
Website references and hyperlinks throughout thisreport are provided for convenience only, and thecontent on the referenced websites is notincorporated by reference into this Report, nor does it
constitute a part of this Report.

Basis of presentation
Numerical figures included in this report have been
subject to rounding adjustments. Accordingly,
numerical figures shown as totals in various tables
may not be arithmetic aggregations of the figuresthat precede them. In addition, we round certain
percentages presented in this Report to the nearest
whole number. As a result, figures expressed aspercentages in the text may not total 100% or, as
applicable, when aggregated may not be thearithmetic aggregation of the percentages thatprecede them. Unless specified otherwise, (i) amounts
in this Report are presented in United States dollars
and (ii) figures are provided as of December 31, 2022.

About our businessWe engineer modern businesses to improve everyday life.

2022 Company snapshot
Our global footprint$19.4B

355,300

1

Revenue

Employees
UK

North
America$14.4B
Revenue

41,100$1.8B
Revenue

9,200
Employees

Continental Europe

Rest of world

$1.8B

$1.4B

Revenue

Revenue

18,200India

Employees

258,500
Employees

Employees

28,300
Employees

Our business segments

1

Financialservices

Healthsciences

Products
and resources

Communications,media and technology

31%

29%

24%

16%

Revenue

Revenue

Revenue

Revenue

Revenues attributed to geographic regions based upon client location, which is the client’s billing address.

7

Introduction
Our year-round focus is on meeting client, investor and talent
expectations by creating meaningful change at scale.

Sophia Mendelsohn
Global Head of ESG
and Chief Sustainability Officer

8

Cognizant ESG Report 2022

9

Introduction

SocialCommitments and actions

Environment

GovernanceAppendix

Strategy: Creating sustainable value

Commitments and actions

Social2021 Commitments

2022 Actions

Diversity
Continue our commitment toincreasing associate diversity
through inclusive hiring practices
and a welcoming environment

Progress: Implemented an Executive Committee
compensation metric focused on gender diversity
globally (See Recruiting diverse talent for moredetails)

Continue the use of a goal for
directors and above to hire andretain women at the senior
management level and above, as
set in 2020

In 2022, our gender diversity rate at the senior
manager and above level grew to 17.2%
Progress: As of December 31, 2022, women accounted
for 38.3% of our workforce globally and 39.3% within
India; the number of women working at Cognizant
grew by more than 11,000
Progress: Expanded domestic partner coverage, life
insurance, mental health support, access totelehealth and support for gender transition for
associates

Talent management
Continue to address the skills gap
between what people can dotoday versus expectations for thejobs of tomorrow through bothinternal associate training as well
as facilitating volunteer
opportunities for our associates toprovide technology skills training
to others in underrepresented
communities

10

Cognizant ESG Report 2022

Progress: Trained approximately 150,000 associates(over 25 million learning hours) across a variety ofdigital skills
Progress: Invested over $23.5M globally inorganizations advancing digital skills, local
community support and disaster response around theworld
Progress: 47,000 associates put their knowledge towork outside of Cognizant in 150,000 volunteer hours

Introduction

SocialCommitments and actions

Environmental

Environment

GovernanceAppendix

Strategy: Creating sustainable value

2021 Commitments

2022 Actions

Emissions reduction: Reduce
absolute emissions by 50% fromthe company’s global operations
and supply chain by 2030 and
90% by 2040 with plans to negate
remaining emissions for both 2030
and 2040 goals using carbon
offsets

Progress: By greening our IT, we have reduced
emissions associated with our IT infrastructure by
60% since 2019

Renewable energy: Source 100%of electricity needs for offices andfacilities from renewableelectricity sources, like solar andwind, by the end of 2026

Progress: 44% of electricity consumption in offices
and facilities in India, covering the majority of ourglobal energy consumption, came from renewablesources in 2022

Supplier climate engagement:
Engage top 150 suppliers(covering nearly 60% of spend) tohelp them set net zero emissions
reduction targets2

Progress: 18% of our top 150 suppliers had set anemissions reduction target by the end of 2022
Target: At least 90% of our top 150 suppliers will
set an emissions reduction target by 2026
Progress: Offered net zero training to our top 150
suppliers. In 2023, we plan to include emissions
reduction requirements in new supplier contracts

2

Circularity: Save 80,000
computers from landfills by theend of 2022

Progress: Kept over 62,000 computers out of landfills,
we remain focused on meeting our goal in 2023

Stakeholder expectations: Strive
to meet our clients’ expectations
on major ESG rankings andratings

Progress: Annually disclose ESG-related information
through several platforms including client-preferred
ones like CDP (formerly Carbon Disclosure Project)and Ecovadis and regularly engage with clients on ourscoresBy spend as of December 31, 2022. Suppliers are their own entities and data are accurate as of report publication.

11

Introduction

SocialCommitments and actions

Environment

GovernanceAppendix

Strategy: Creating sustainable value

2021 Commitments

2022 Actions

Ethics and ComplianceContinuously update governancerelated policies based on
consideration of best practices

Progress: Updated Global Trade Compliance Policy
and Environmental Health and Safety Policy

Supply chain: Environment
Expand tools and outreach toengage more suppliers in setting
ESG standards and best practices

Progress: Formalized risk-based assessment criteria to
identify suppliers most at risk and subject to modern
slavery due diligence process

Governance

Recognition: Received recognition from Gartner in
2022 for risk assessment framework and use ofanalytics

Progress: Organized emissions reduction workshops
for top 150 suppliers
Progress: Worked with our top 150 suppliers to set
science-based emissions reduction targets andsubmit annual climate data to CDP

Supply chain: Supplier diversity
In 2021, we launched our formal
Supplier Diversity Program in the
United States to increase thediversity of our suppliers throughengagement and spend targets

Progress: Added a requirement that every
competitive sourcing event in the US that exceeds$150,000 include a diverse supplier
Progress: 18% increase in total domestic spend in the
US with diverse suppliers
Target: Aspire to reach $1 billion of annual spend
in the US with diverse suppliers
Target: Each procurement category lead toaspire to add two African American–owned and one
veteran–owned supplier each quarter from Q4 2022
through the end of 2023

Data security and Data privacy
Continuously improve policies andpractices to stay current withregulations, trends and bestpractices12

Cognizant ESG Report 2022

Progress: Began preparations for compliance with the
ISO 27011:2022 standard

Introduction

SocialCommitments and actions

Environment

GovernanceAppendix

Strategy: Creating sustainable value

2022 ESG-related awards
Brandon Hall Accelerating a diverse
leadership pipeline

India Workplace Equality Index
Gold employer
Best Place to Work for
LGBTQ+ Equality
Human Rights Campaign
Corporate Governance
Professional of the Year
Innovation Excellence
ESG Metrics & Reporting

Sustainability Magazine’s
Top 100 Leaders of 2022
Tech for GoodTop 25 Sustainability Leaders inConsulting of 2022
Women in IT 2022 Award forSocial Mobility Project
Smart Nation Ambassador
Digital for Life
Champions for impact
in supporting inclusion in tech
Microsoft Partner Awards
CTS Won Award for Microsoft’s “APAC
Region Social Impact - Inclusion
Changemaker”

Champions of Good 2022

13

Introduction

SocialCommitments and actions

Environment

GovernanceAppendix

Strategy: Creating sustainable value

Strategy: Creating sustainable value
Where we focus and why
A business lensA wider lensIn 2021, we worked with a third party to gauge which
ESG issues various stakeholders thought were most
relevant to our business. In 2022, we built on this work
internally by reviewing client questions and requests inorder to continue focusing on the topics that we
believe are most impactful and relevant to ourbusiness:

Companies operate within a larger context than their
immediate operations. As a global company andParticipant of the United Nations Global Compact(UNGC), our approach to ESG supports a number of
the United Nations Sustainable Development Goals(UN SDGs), as shown below. We believe that, becauseof our size, we have the ability to create positive
economic impact through our business model.

• Environment with an emphasis on reducing
greenhouse gas (GHG) emissions throughtechnology, our culture and internal changemanagement• Social with an emphasis on engaging, training andhiring diverse talent in our workforce from ourcommunities• Governance with an emphasis on ESG oversightand transparency, including supply chain
management, health and safety, ethics, data
privacy and security

14

Cognizant ESG Report 2022

Introduction

SocialCommitments and actions

Environment

GovernanceAppendix

Strategy: Creating sustainable value

UN Sustainable
Development Goal

Cognizant alignment
Proliferating STEM education and filling the technology skills gap byinvesting in training for talented individuals from underserved andunderrepresented communities.

Our diversity and inclusion efforts extend from our associates to our
suppliers, including better understanding how we can support the various
needs of our associates.

Our climate platform seeks to reduce our emissions and help our clients
reduce theirs through lower-carbon technology and skilling.

Our strategic technology partnerships make social impact.
For example, with AWS we work to equip youth with cloud skills andmentor them in building solutions to help their communities.

We employ 355,000 people around the globe and seek toimprove everyday life through our and our clients’businesses.

15

SocialWe believe our workforce of more than 355,000 talented associates enables us to bea global force for skilling, training and long-term workforce development. We focus on
doing this at scale, including for underrepresented talent and communities.
We consider diversity and inclusion throughout our work. In this section, learn about:
Being Cognizant: u
Our people strategy

Arriving at u
Cognizant: From
recruitment throughretention

Working at Cognizant: u Beyond Cognizant: u
Supporting our
Community
associates
engagement andphilanthropy

From years of experience, I have seen how diversity improves businessdecisions. As Chair of the Board of Directors, I am engaging withmanagement on improving the gender diversity of the leaders at thecompany. I see our efforts around gender diversity as an important part of
Cognizant’s ongoing transformation.

Steve Rohleder
Chair of the Board of Directors, Cognizant

16

Cognizant ESG Report 2022

Next: Preparing forthe skills of the futurewith sustainability
training

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Being Cognizant:
Our people strategy
Our strategy focuses on attracting, retaining and fully
engaging talent to benefit our associate wellbeing
and client outcomes. To do so, we have embedded
diversity and inclusion in our employee value
proposition. We put our approach into action acrosspre-employment training, recruiting, professional
development and future leadership mentoring.
Our Diversity and Inclusion (D&I) program –“Completely Cognizant” – aligns with ourcommitment to creating a diverse and inclusive
workforce with a culture of belonging andengagement.
For us, diversity includes gender, generation, race,
geography, ability, belief, religion, sexual orientationand veteran status. We strengthen our business,
culture and ability to serve our clients andcommunities by bringing together uniqueperspectives, experiences and understanding.
We build a culture of inclusion through:• Leadership tone at the top

For the first time, in 2022, our Executive Committee
compensation included a metric focused on gender
diversity globally and on developing and retaining
talent. In addition, every leader at the level of director
and above has a goal relative to their business areafor hiring and retaining women at the senior manager
level and above. In 2022, our gender diversity rate at
the senior manager level and above grew to 17.2%.
In line with our Equal Employment Opportunity Policyin the US, we are committed to providing a work
environment free from discrimination, harassment
and retaliation. All of our associates are entitled to fairwages and hours and reasonable accommodations
consistent with applicable laws and regulations.

At Cognizant, central to our values and culture isfostering an environment for everyone to thrive.
To achieve this, our programs address inclusion,
wellbeing and the diverse needs of ourassociates to feel a sense of belonging.

• Recruiting diverse talent• Supporting associate needs with wellbeing efforts,
training and professional development, as well as
engagement opportunities

Shameka Young
Global Head of Diversity
and Inclusion

Through our people programs, we seek to:• Recruit diverse talent• Create an inclusive environment through a welcoming corporate culture, benefits and rewards,
education and engagement opportunities• Support associate needs, improving retention and fostering career growth• Grow our diverse talent pipeline long-term by providing in-demand tech skills training and digital services
to underrepresented communities and organizations through volunteering and philanthropy
In 2022, Cognizant hired over 132,000 people, including over 50,000 women.3
3

Please see our 2022 Form 10-K for information about hiring and attrition.

18

Cognizant ESG Report 2022

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Arriving at Cognizant:From recruitment through retention
Our more than 355,000 associates come from many walks of life and parts of the globe. Their diverse
perspectives and creativity inform our ability to meet our clients’ needs.

Global gender diversity4

Generational demographics

Number of women5

Number of women grew by

134,158

11,000+1.0% Baby Boomers
10.3% Gen X
58.2% Gen Y

Gender split6

38.3% Women
61.7% Men

New female hires

30.5% Gen Z

37.8%
US associates racial / ethnic group representation7

Gender representation of associates
Senior Vice President+

11.1% Women
88.9% Men

Senior Manager+

17.2% Women
82.8% Men

58.1% Asian
28.5% White
6.7% Black
4.3% Hispanic
2.1% Two or more races
0.17% Native American
0.07% Pacific Islander

We have detailed our efforts to improve the diversity of our associate body. We are proud of all our talented
associates and seek to continue to give opportunities to talented individuals from underrepresented groups.
4

Gender diversity metrics are as of December 31, 2022 and calculated on the basis of those employees who responded as female or male.
Our Workforce Insights team tracks the hiring, development and retention of women. Data on the progress is then shared with Cognizant’s
Board as part of quarterly and annual reporting on talent.
6
We disclose binary gender information to provide the most complete data available at time of publication. In 2022, we began offering
associates the option to self-identify as non-binary. For Cognizant’s larger efforts to support the LGBTQ+ community, see p. 29-31.
7Outside the US, our ability to collect racial and ethnic information is limited by local laws and regulations.
519Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Recruiting diverse talent

Recruiting Board directors

We are focused on recruiting diverse talent toinnovate for our clients and meet many of their statedexpectations. The Diverse Candidate Pipeline initiative
promotes diversity in candidates, interviewers andperspectives. We apply our Diverse Candidate
Pipeline initiative at every seniority level.

Our diversity-oriented hiring practices start at the top
with our director recruitment efforts. Our Board of
Directors (the Board) has committed to include
women and persons with ethnically or racially diverse
backgrounds in each pool of candidates from which
we select new director nominees. Our Board
membership increased from one woman in 2019 tofour women in 2022.

Our Diverse Candidate Pipeline has three pillars:
1. Training - Training for hiring managers focused onunderstanding unconscious bias
2. Representation - Enabling diversity within ourinterview hiring panels

The Board evaluates the effectiveness of its director
diversity efforts through its annual self-evaluation
process and on an ongoing basis through its director
candidate search processes.

3. Removing bias - Writing gender-neutral job
descriptions
Board diversity matrix (as of April 21, 2023)

Total Number of Directors: 14
Part 1: Gender Identity8

Female

Male

59

9

FemaleMale

African American or Black-1

Alaskan Native or American Indian--

Asian (including South Asian)2

1

Hispanic or Latinx--

Native Hawaiian or Pacific Islander

-

-

White

3

6

Two or More Races or Ethnicities-

18

Did Not Disclose Demographic Background--

LGBTQ+--

Military Veterans-1

Directors
8

Part 2: Demographic Background

8

Information was voluntarily provided by directors and reflects self-identified attributes. The director who self-identified as two or more racesor ethnicities did not disclose the specific races or ethnicities.

9

Includes Maureen Breakiron-Evans who is retiring from the Board and not standing for reelection at our 2023 Annual Meeting of Shareholders.

20

Cognizant ESG Report 2022

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Recruiting college talent in India
Attracting, engaging and hiring the best college talentrequires sourcing and upskilling ambitious young
professionals early in their career journeys. Our
comprehensive campus hiring program in India, ourlargest campus hiring effort globally, focuses on:• Professional behavior development• Technical skills• Assessing alignment of professional
aspirations with personal interests
Internal and external facilitators support the learningjourney of these associates, and mentors from eachbusiness unit connect with cohorts throughout theirfirst year to help them start on a strong andsuccessful path at Cognizant. Our interns work
alongside experienced associates on complex andemerging technology solutions for our clients.

Intern hiring highlights

77%of those who completed an internship acceptedand joined Cognizant full-time in 2022
Doubled the number of intern offers (compared to
2021)
Nearly 21,000 interns joined Cognizant full-time
following offers in 2022

In the United Kingdom (UK), we joined the Business
Disability Forum, a not-for-profit membershiporganization that exists to transform the life chancesof disabled people by working through and withbusiness to create a disability-smart world.
Membership benefits include access to expert advice
and support, a knowledge hub as well as events andwebinars focused on disability inclusion.

Recruiting Black, Indigenous and Peopleof Color (BIPOC)
To diversify our talent pipeline and associate body,
we’ve implemented BIPOC programs in our hiring
initiatives, and deepened our partnerships withorganizations like the National Black MBA Association.
(See our D&I section p. 29-31 for more information
about engagement with BIPOC.)

Recruiting returners
In 2021, we launched the Cognizant Returnship
Program for technology professionals looking torestart their careers. Participants with at least five
years of relevant experience who have taken an
extended career break of at least two years aresupported as they transition back into the technology
workforce. This 12-week paid experience includes realproject work with immersive training, mentorship,coaching and a community to support their success.
At the conclusion of the program, participants are
considered for full-time positions at Cognizant. Our
placement rate is 95%. We see this model as atemplate and hope to expand it in the future.

Recruiting veterans
Recruiting people with disabilities
To continue to improve our hiring efforts of persons
with disabilities, in 2022 we launched awarenesscampaigns and accessibility norms across ourfacilities in India. In addition, we continued our
engagement with the National Association ofSoftware and Services Companies and National
Human Resource Development, India’s largest
network for HR professionals, with respect to diversity
and inclusion.

We offer career advancement opportunities,
technology advancement boot camps and mentoringand scholarships for veterans as part of our skilling
programs. We focus on creating a pathway fortransferable skills from military to civilian careers. (Seeour D&I section p. 29-31 and our Global philanthropy
section p. 32 for more information about engagementwith veterans.)

21

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Recruiting womenSince 2020, every leader at the director and above
level has had a target, relative to their business area,for hiring and retaining women at and above thesenior manager level. (See our D&I section p. 29-31 formore information about engagement with women.)
As of December 31, 2022, women accounted for 38.3%
of our workforce globally and 39.3% within India; 37.8%
of all new hires globally were female.
We’ve continued our sponsorship of MAKERS, anorganization focused on improving gender equality
within the industry. In 2022, nearly 200 womencompleted Propel, our leadership program for women.
More than 1,200 women have completed Propel since
the program first started in 2018.

Pre-employment training
and apprenticeshipTo further tackle the technology skills gap, we provide
pre-employment training and apprenticeship
opportunities for untapped talent pools. These
programs focus on high-demand skills that could leadto job opportunities with Cognizant. In the last four
years, we have recruited more than 2,000 people
through these programs, with more than 600 hires in2022. We further expanded our pre-employment
training program outside the US with pilot training
cohorts in Latin America and Canada. We areplanning similar programs in the UK.
In 2022, we launched Cognizant Skills Accelerator, a
new train-to-hire initiative for people seeking to
kick-start͏a technology career in the US. In the fast
growing, rapidly changing technology industry, thisprogram aims to increase the pool of diverse, highpotential candidates. In 2022, we sponsored training
for over 2,000 individuals from underrepresented
talent pools.

22

Cognizant ESG Report 2022

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Working at Cognizant:Supporting our people
Our goal is to help our associates bring their best
selves to work. Once recruits become associates, we
provide technical resources and people support tohelp retain them as colleagues. We focus on all
aspects of their Cognizant experience:

2022 people-related awards
India Workplace Equality Index
recognized Cognizant with its Goldaward for LGBT+ inclusion• Ongoing development: Learning that advances
careers in line with our business strategy

Financial Times recognizes
Cognizant as a Diversity Leader• Associate wellbeing: Benefits and rewards that
foster wellbeing• Employee engagement: Opportunities for associates
to be heard and feel supported

Healthcare (Small) Category of the
8th CSR Impact Awards

Talent management
Investing in our current associates and future talent pipeline is critical to career growth and our overall businessgrowth. Through our talent programs, we hire new talent; develop and retain top talent through training andcareer progression; and expand access to a skilled, global workforce through associate engagement inmentoring and volunteering.
Talent management highlights
HiringDevelopment

Career and rewards

Engagement• Diverse candidate
pipeline• Technical upskilling• Performance processes
for all levels• Global affinity groups• Internship program• Leadershipdevelopment• Pre-employment training
and apprenticeships• Mentorship programs• Cognizant Returnshipprogram• Partner learning
programs• D&I training• Internal Job Moves
program• Outreach program(See p. 32)• Performance-based
rewards• Global mobility program• GenC graduate program
Accordingly, we focus on the two main pillars of talent development to optimize our efforts:• Investing in people and technical skills• Investing outside of our current associates to grow our talent pipeline

23

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SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Investing in people and technical skills
Our skilling ecosystem offers growth for ourworkforce at all levels. We provide a continuum of
professional development by role to foster
advancement:• Leading: Ongoing and regular process ofassessment and development for future leaders
In 2022, we created our milestone programs, which
are structured learning paths for development of
talent from one career stage to the next.

• Entry-level: Specific skills and general training for
non-leadership roles• Ongoing: Tools, platforms and learning
environments for associates

Milestone programs overview
As we accelerate to deliver on our priorities, supercharging our talent continues to be our key priority. These
milestone programs enable our leadership transitions as we elevate roles - upwards, sidewards or
diagonally.
These programs offer experience, exposure and education through assessments, customized e-learning
modules, practical scenarios, simulations and reference tools.

Program focus area

24

Cognizant ESG Report 2022

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Other development interventions for associates and future leaders included:

Associate development

Leadership development

150,000+

19,300+associates trained across digital skills

programmer to senior director level leaders participatedin leadership milestone programs to help themtransition from one career stage to the next

25 million learning hours

300+

logged by our associates via our
on-demand learning platforms, theequivalent of nearly 3,000 years

leaders from senior manager to senior director levels
participated in our accelerated development program,
LEAD@Cognizant, that was developed in partnershipwith Harvard Business School

420+
assistant vice president level+ were offered targeted
development opportunities on key development needs

25

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Partners
We partner with world-class vendors and institutions to offer unparalleled development experiences forour associates.

Harvard Business
SchoolEmeritus

We partner with Harvard Business School (HBS) for the design and roll out of our flagshipprograms like LEAD and Propel. We also invite speakers from HBS to facilitate webinars/
case study discussions as part of our quarterly senior manager+ offerings.

We collaborate with Emeritus to invite industry and subject matter experts for programs
launched as part of our senior manager+ calendar offerings and also involve them to curate
custom solutions for our business units.

Recognitions
Brandon Hall Group Human
Capital Management Awards

Association of Talent
Development Awards

25

8

9

5

gold medals

silver medals

bronze medals

Excellence in Practice Awards

The awards showcase various learning and leadershipprograms Cognizant has designed for associates togrow their skills and careers

26

Cognizant ESG Report 2022

We were rewarded for several career development,
hiring and talent management programs

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Mentorship program
We are particularly proud of our mentorship program for the role it plays in associates’ lives. The program helps
associates develop their skills, capabilities and network across the organization. In 2022, 150,000 associates
participated in the mentorship program. In 2023, we plan to expand the program to include not only full-time
associates from the US and India, but all full-time associates globally. Associates up to and including seniordirectors may participate.

Associate wellbeing
We believe associates do their best work when they feel motivated, healthy and that they are part of anorganization that cares for their wellbeing. This understanding informs our people wellbeing strategy—Be
Cognizant, Be Well.
Our Be Cognizant, Be Well program offers a portfolio of benefits and rewards across physical, mental andfinancial wellbeing, as well as life-work balance.

PhysicalFinancial• Expanded domestic partner coverage in selectcountries (where permitted by and in accordancewith local law)

• Extended life insurance to all associates• Increased access to care in select Asia Pacific(APAC) geographies through telehealth• Developed voluntary programs with more flexibility
to provide greater choice in benefits to meetvarying associate needs• Launched support for gender transition services inselect geographies including US, UK & Ireland andIndia• Partnered with banks to provide discounted andimproved rates and financial education• Held regional health and fitness “challenges” inwhich 27,000 associates and 2,500+ family
members participatedMental healthLife & work

• Extended access to mental health support to all
associates, including 24/7 on-demand behavior
health coaching, therapy, psychiatry and self-careresources accessible from the privacy of asmartphone• Expanded work flexibility options, including
introducing Work Flex in the UK and formalizing
Flex Friday in the US. Other geographies benefit
from our formal Global Remote Work policy that
supports work flexibility• Expanded support resources for subjects
stigmatized in multiple cultural contexts likemenopause, mental health and suicide prevention• Launched global wellbeing champions networkwith representation in all regions. With thisnetwork, we facilitate engagement and awareness• Provided access to online mindfulness classes andsupport to reduce stress and boost overall
wellbeing• Launched manager training on leadership’s role incultivating and building a culture of wellbeing27

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Employee engagement
We believe high levels of employee engagement help
us retain talent by fostering loyalty. When employees
feel heard and supported, their work performance
improves. As a result, so too does our organizational
performance.
Employee engagement is also a critical component of
how we enact our diversity and inclusion principles,
including how we maintain our inclusive andwelcoming corporate culture. (See Arriving at
Cognizant: Our people strategy.)
We engage our associates through:• Reviewing their feedback via an annual survey• Providing year-round D&I support via internal
training, affinity groups and outside partnerships
and sponsorships• Community, volunteer and mentoring engagement
programs
In 2022, top leadership continued to host small grouplistening sessions to connect with associates, get
feedback and address questions.

People Engagement Survey
We measure engagement through our yearly
Cognizant People Engagement Survey andcommunicate the results to all associates.

People Engagement Survey highlights

210,000+
associate responses (2022)

We take associate comments seriously.

9,000
people managers with access to survey results
to consider and recommend actions
We saw meaningful increases in our employee
engagement results, including scores above
benchmark across multiple categories

28

Cognizant ESG Report 2022

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Diversity and inclusion (D&I)
Our D&I Program—“Completely Cognizant”—helps us build a diverse and inclusive workforce and promote a
culture of belonging. Through the program we engage our associates in understanding and then helping us
enact our D&I principles via training, affinity groups, events and outside partnerships.

Celebrating diversity all year round
Q1
2022
Black
History Month

Q2
2022
Women’s
History Month

World Autism
AwarenessDay

IDAHOBIT
Pride Month

Internal diversity training
We offer a range of courses designed to help ourassociates build intercultural competencies, identify
unconscious bias and lead with conscious inclusion.
Our associates complete several mandatory annual
training modules, including:• Cognizant’s Code of Ethics Training, which includes
a module on diversity and preventing discriminationand harassment

Q3
2022

Q4
2022

Hispanic Heritage Month

NativeAmericanHeritage
Month

Veteran’s Day (US)International Disability
Awareness Day

This mandatory training is supplemented withinclusive leadership training focused on topics such as
allyship, psychological safety, inter-culturalcommunication and intelligence, andmicroaggressions.
In 2022, 13,000 associates completed voluntary
inclusive leadership training.

• Preventing Harassment and Discrimination
Training, which associates in the US, India and Latin
America must complete each year

29

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Affinity groups
Our dedicated affinity groups promote a sense of
belonging by attracting and welcoming diverse
candidates when they join Cognizant, and engaging
with associates as their careers grow. The groups alsoorganize events, conversations and training
opportunities throughout the year, often partneringwith clients and strategic partners. Each affinity groupis open to all associates. Membership in affinity
groups has more than doubled from 2021 to 2022
year-end.
• Black, Latinx, and Indigenous Group (BLING)• Embrace (LGBTQ+)• Pan-Asian Group• Race Equality Network (enables local countries tosupport their ethnic minority groups)• Unite (people with disabilities and caregivers)• Veterans Network• Women Empowered• Working Families
Each affinity group has an Executive Committeesponsor who champions its work. They participate inconversations and represent affinity groups toleadership.

30

Cognizant ESG Report 2022

I’m a firm believer that diversity of thought anddiversity of cultural and professional experiences
accelerates innovation. We want to celebrate
the diversity of ideas, the diversity ofbackgrounds, the diversity of experiences, for abetter business outcome.

Jan Siegmund
Chief Financial Officer and Executive
Sponsor of Embrace Affinity GroupIntroduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Resources and Partnership Support for Our Diverse Associates

Black, Latinx andindigenous

Diverse Abilities

Resources

Partnerships• BLING affinity group• National Black MBA Association• Race Equality Network(chapters in the United
Kingdom, Ireland and Brazil)• Steven Skinner Scholarship Award• Accessibility Concierge
Services in India, an exclusive
phone line and live chat withtrained responders for
associates with disabilities• Business Disability Forum• Unite affinity group• National Organization on Disability• Hispanic Technology Executive Council• National Association of Software and Services
Companies• National Human Resources Development, India• Valuable 500

LGBTQ+

Embrace affinity group

Cycle for the Cause

Pan-Asian Group

Pan-Asian Group affinity group

Stop Asian Hate Campaign

Veterans

Veterans Network affinity group

Corporate Gray

Women

• Propel, our global leadership• Fortédevelopment program• Ladies Professional Golf Association, including thedesigned to help women thrive
women’s Cognizant Founders Cup
in the digital age• MAKERS• Women Empowered affinity• Women in Technology Network
group

31

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Beyond Cognizant: Community
engagement and philanthropy
Digital expertise is vital across a growing spectrum ofjobs. While companies have spent heavily on digitalskilling, the talent gap remains in many communities
and geographies – impacting our talent pipeline. At
the same time, many of the non-governmentalorganizations (NGOs) designed to address the issuesof underserved communities lack access to digital
services and technical skills.
Skilling and upskilling are key to both addressing ourbusiness needs and unleashing prosperity inunderserved communities where Cognizant and ourclients do business. We believe Cognizant has anopportunity to lead in this space – especially inpartnership with clients – through our Outreachprogram and philanthropy.
Our associate volunteering, mentorship andphilanthropy are often through projects with NGOs on
the ground. By leveraging our reach to

Cognizant is committed to our people. We
engage with policymakers, Corporate Social
Responsibility partners, our clients and thebroader business community to invest in andadvocate for responsible policies that contributeto growing our skilled workforce, supporting
sustainability in the communities we serve andpromoting economic growth for all.

Tobi Young
SVP, Legal, Regulatory andCorporate Affairs

32

Cognizant ESG Report 2022

support historically disadvantaged groups throughtechnological training and other resources, we believe
we can help mitigate the evolving IT skills gap. At thesame time, we strive to lift communities throughaccess to education and skilled work.
We know these programs also deliver businessbenefits. Between 2018 and 2022, the average annual
attrition rate of our full-time associates who engaged
in Outreach activities was 13% lower than the averageannual attrition rate of non-Outreach full-time
associates. And our outreach and philanthropy havealso provided additional sources for potential
associates in certain hiring initiatives. (See At
Cognizant: From recruitment through retention.)

Outreach: Meaningful andthematic community
engagement
Cognizant’s Outreach program focuses on two major
themes: increasing inclusion in technology and using
technology for good.

Increasing inclusion in tech
We increase inclusion in the technology industry byhelping provide underrepresented populations withthe skills and knowledge needed for technology
careers. Our trained associates volunteer theirexpertise to teach business, software and technology
skills. Overall, 47,000 volunteers devoted over 150,000
hours to this type of volunteering in 2022.
For example, in 2022 we continued our collaboration
set in 2021 with Microsoft, Salesforce and Amazon
Web Services (AWS) to support inclusion andcommunity impact goals:

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Microsoft• Equipped over 7,500 associates with digitalaccessibility skills through multiple training
programs in partnership with Microsoft• Provided almost 20 participants with improved
awareness and understanding of Microsoft
customer relationship management (CRM) for nonprofits• Continued our partnership with NetHope toenhance the data and analytics skills of staff from
NetHope member organizations. Through 1:1 clinics
and advanced excel and Microsoft Power BI
trainings, Cognizant trained almost 1,000 staff (withthe majority trained in 2022) from nearly 30
NetHope member organizations. Additionally, we
conducted trainings to improve productivity andwork efficiency for the staff of nearly 140 charities
across a dozen countries• Collaborated with Microsoft to improve theadoption of Microsoft Power BI in the public sector
by training over 60 public officers
AWS• Worked with AWS to skill hundreds of students andsenior citizens in Singapore and Australia on AWS
Cloud computing
Salesforce• Partnered with Salesforce to improve awareness of
CRM for over 30 of our charity partners

I love volunteering through Cognizant Outreachbecause it gives me a strong sense of purposeand helps me connect deeper with thecommunities that we ultimately serve throughour clients. I take great pride in volunteering withmy employer.

I was invited to Cognizant to learn coding. I wascoached by wonderful volunteers from
Cognizant and also a US bank who helped me tolearn and showed me how to keep improving
further. I am confident of continuing my learning
even after I return home.
Female high school student froma Chennai public school

In 2022, in support of the International Day for Persons
with Disabilities, nearly 900 volunteers from 16
countries analyzed eye images of children to enable
AI-driven early detection and prevention of childhood
blindness.

We are proud of our partnership on the Microsoft
APAC Enabler program with Cognizant, whohave shared our commitment to improve
workplace disability inclusion by developing
accessible solutions and building an inclusive
culture through record levels of voluntarytrainings, volunteering and mentorships.
Pratima Amonkar
Head Strategy, Microsoft

Cognizant Outreach volunteer

33

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Using technology for goodNGOs and other charitable organizations improve
communities yet are frequently under-resourced,
especially digitally. Our volunteers provide theseorganizations with technology skills and software
solutions to enhance their operations, amplifying theirwork.

Asia PacificCognizant Outreach Philippines
engaged nearly 30% of our associates involunteer work that supported students
and youth with education and skills.
Similarly, Cognizant OutreachSingapore worked with the National
Youth Council to provide 185 youth withreal life work experience that provided
12 social service agencies with digitaltransformation services.

AfricaIn partnership with one of our key Life
Sciences clients, GSK, Cognizant
Outreach collaborated with Africa’s
leading health charity AMREF Health
Africa to develop an application thathelps users connect patients with healthprofessionals.

It was wonderful to partner with Cognizant toimprove cloud skills in local community colleges.
This program not only supported our SDG goals
to improve quality education and promote
decent economic growth, but importantly also
resulted in nurturing trust and collaboration
within our project teams as they came together
over a larger shared purpose.
Client, Financial Services

34

Cognizant ESG Report 2022

It was a sheer delight to see my mentee’s
continued progress. This program has also
helped me hone my mentoring and guiding skills,
which is making me a better and more
empathetic manager.
Volunteer for Singapore 1:1
Digital Skills Mentoring program

The 1:1 nature of the mentoring program helps
effectively address participating women’s unique
skills and needs. We loved seeing women’s
confidence navigating technology.
Brendan Seah
Partnerships & Operations Manager,
Daughters of Tomorrow

Volunteering in 2022
Cognizant Outreach delivers tech-centric,
impactful volunteering programs implemented
in a nuanced local context
Value

47,000150,000

volunteers devoted

hours to volunteering

Training

nearly 7,500
associates took voluntary training on creating
accessible design

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Global philanthropy
We work alongside employers, educators, nonprofits
and thought leaders to unlock economic opportunityand support investments in sustainable skilling to help
improve the lives of people around the world,
particularly in the US, UK, Canada, Australia,
Germany and India.
Since 2018, within North America, Australia andEurope alone, we have awarded approximately $65
million to support numerous organizations working to
inspire, educate and prepare people of all ages tosucceed in the workforce of today and tomorrow.
Cognizant also continued its commitment toadvancing opportunity in the field of trust and safetyand developing a pipeline of scholars by encouraging
students to pursue academic programs and researchin this field.

Cognizant’s support to the BIT Academy, which
delivers industry-relevant technical skills training
and credentialing to blind and visually impaired
job seekers, was critical to expanding training to
a Salesforce Platform App Builder Class andSalesforce Advanced Administrator Class.
Mike Hess
Founder and CEO, Blind Instituteof Technology

In 2022, we awarded over $23.5 million in grants and gifts to 115 organizations around the world, furthering our
mission to improve economic mobility and community resilience through strategic programmatic giving, local
community support and disaster response.

Examples of the grants given in 2022 include:
Support industry relevant technical skills training and credentialing to blind and visually
impaired job seekers who want to increase their wage potential and find meaningful careers
Blind Institute ofin tech-related roles.
Technology

Code.org

The Forces
Employment
Charity

Support the research, publication and dissemination efforts for Code.org’s annual State ofComputer Science report and policy briefs to increase access to and participation in K-12
computer science.
Support capacity building of the TechVets program by improving its reach, tracking andengagement into training and employment, to more effectively support the militarycommunity to find work in information technology.

Support the expansion of the digital marketing programs in London and Manchester andlaunch the Get Started Program in London to enable digital skills training and wraparound
The Prince’s Trust support.

Raspberry Pi
Foundation

Support the Raspberry Pi Computing Education Research Centre (in partnership with
Cambridge University) to clearly identify how to teach computer science to primary andsecondary school students along with practical resources for educators. Further support the
expansion of Code Club and CoderDojo programs in the UK.

35

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

CognizantFoundation India

In 2022, Cognizant Foundation India supported nearly
90 projects with over 30 not-for-profit organizations
reaching hundreds of thousands of individual
beneficiaries. Examples of philanthropy in 2022
include:Since 2005, the Cognizant Foundation India has
partnered with non-profit organizations across thesubcontinent. In 2022, the Foundation strengthened
its portfolio —historically focused on healthcare,education and livelihood— and sharpened its focus
areas along two thematic areas:• Partnering with local organizations to train persons
with disabilities, and women, through our flagshipskilling program, Tech4All. Tech4All was launchedin 2021 to train persons with disabilities, andwomen, for careers in technology and tech-enabled
services. The Foundation has lined up projects thatwill seek to train hundreds of persons withdisabilities and thousands of women in basic andadvanced IT skills to place them in tech-related jobs

1. Improving access to quality healthcare
2. Building an equitable society through educationand skilling
Our projects are now increasingly focused on
inclusion and technology and include scholarships
and opportunities for digital learning, STEM andvocational training and promoting healthinterventions for women, children and those at risk forblindness.

• Collaborating with Vision Empower Trust to launcha pilot for inclusive education in math andcomputation. The pilot was implemented in a dozen
schools in Tamil Nadu, India that cater to visually
impaired students, and nearly 400 students weretrainedOur programs
Our focus

Empowering persons withdisabilities

Holistic child development

Gender equality

Programs
Leveraging technology and collaboration for greater impact
Program theme

Program theme

Improving access toquality healthcare

Building an equitable society
through education and skilling• Preventing avoidable blindness• Accelerating access to higher education• Promoting women and child health• Skilling for employability and vocational
education• Interventions for persons with disabilities• Promoting digital, STEM and inclusive education

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Cognizant ESG Report 2022

Introduction

SocialEnvironment

Being Cognizant: Our people strategy

GovernanceAppendix

Arriving at Cognizant: From recruitment through retention

Beyond Cognizant: Community engagement and philanthropy

Working at Cognizant: Supporting our people

Next: Skilling associates with sustainability training

Next: Skilling associateswith sustainability training
Cognizant deals in knowledge. Our clients increasingly expect us to incorporate sustainability knowledge into
traditional industry-specific technology outcomes. Our clients’ interest is matched by that of our associates, whohave and are taking sustainability training at scale with us.

Goal for 2024

100,000 associates participating in voluntary sustainability and climate training to gain theskills to help deliver the future lower-carbon economy

Sustainability
Training in 2022

By the end of 2022, 35,000 associates had taken voluntary zero waste training
15,000 associates from 44 countries pledged and developed their own emissions-reduction
goals, beating our internal goal of 10,000

Clients

Associates

Our clients have made significant financial
commitments to transition to a lower-carbon
economy. They expect Cognizant to have an
informed view on how digital tools can meet theirsustainability goals. Throughout 2022 and into 2023,
Cognizant provided various sustainability trainings to
associates. Such training helps pair client digitaltransformation needs with an industry-specificsustainability platform.

Of growing interest, especially among the junior talent
Cognizant seeks to attract and retain, are thesubjects of climate and sustainability. In addition totens of thousands of associates participating insustainability training, 15,000+ associates participatedthrough an application associated with the United
Nations. Through this application, associates canaccess video lectures about a variety of topics,
including the basics of climate change, the water
cycle and the global food system.

37

Environment
We believe a modern business is a sustainable one—one that understands the healthof its communities and the health of its value chain is connected to sustainable,
healthy ecosystems. Technology can be a tool that supports sustainability efforts, andwe think that makes it a business opportunity.
As an active member of the international community, we know that climate change is a
global concern and presents an urgent call for business leadership where a company has
its most impact and opportunity. As a result, we are focused on reducing greenhouse gas(GHG) emissions and putting our technology and talent to work helping our clients meettheir own resource reduction goals.
In this section, learn about:
Climate Risk andOpportunity: What
our climate risks andopportunities may be
and how we consider
them

38

Reducing ourgreenhouse gas
emissions: How
we strive to lower
our emissions

Cognizant ESG Report 2022

Biodiversity andnature: The role
we can play innurturing healthy
ecosystems

Water: Why
we are working
towards
managing ourwater footprint

Circularity:
How we seek toupcycle andmanage waste

Next: Preparing forunderstanding our
nature-related risks
and opportunities

39

Introduction

SocialEnvironment

Cognizant in the context of climate change
Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Cognizant in the context
of climate change
More extreme weather events and resource scarcity
can impact communities and clients around theworld. Our focus is on managing our climate risks andopportunities in the context of our associates, ournetwork of suppliers and other partners and thecommunities in which we operate.
Our climate strategy is designed to transition
Cognizant to a lower-carbon, sustainable company
by considering how climate impacts our value chain.
Our climate strategy starts with and centers on our
most important assets— people and their knowledge— leveraged through the IT services we sell. We aregiving special focus to how climate may impact ourassociates where they live and work. We also assess
the possible impacts of climate change on ourvendors and clients.

Cognizant carefully assesses data on
our business landscape, determines theenvironmental risks and looks to seize theopportunities to use our scale and ourtechnology expertise to help mitigate
climate change.
Dr. Stuart Poore

Global Environmental Lead

40

Cognizant ESG Report 2022

To execute our climate strategy, we havefour main pillars:

1

Mitigate: our climate risks by identifying
high-risk areas (page 41)

our emissions with a net zero goal
2 Reduce:(page 52)
integrate our climate initiatives with
3 Expand:those in water (page 58), circularity (page 59)
and biodiversity (page 59) for a larger
positive impact
support our clients in their climate4 Solve:
related engagements (page 60)
Please see our 2022 Form 10-K for information about
the risk factors that affect or may affect our business.

Introduction

SocialEnvironment

Cognizant in the context of climate change
Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Climate risk and opportunity
In line with the recommendations of the Task Force on
Climate-related Financial Disclosures (TCFD), weshare climate-related details on:
Governance
Scenario analysis10
Risk framework and management11
Opportunity
Metrics and targets

Governance
Cognizant seeks to govern our exposure to climatechange through multiple forms and bodies.

Governance by Board of Directors
The Board considers how climate change may impact
our business. Through its committees, our Board
discharges its oversight responsibilities as follows:• Governance and Sustainability Committee:
Responsible for overseeing Cognizant’s approach
to broad ESG matters. In 2022, members of theGovernance and Sustainability Committee met toreview ESG strategy and performance, including
our net zero goal, physical climate risk and ESG
reporting. The Governance and Sustainability
Committee also occasionally engages in related
Board education• Audit Committee: Responsible for overseeing thecompany’s enterprise risk assessment andmanagement framework, including the company’s
processes for identifying, assessing, monitoring andmitigating key business risks, including ESG risk. In
addition, the Audit Committee monitors
Cognizant’s Global Business Resiliency (GBR)

program, part of how we respond to extreme
weather, including weather events made more
likely by climate change

Governance by management
Cognizant has dedicated resources to governance atthe leadership and operational levels. At the executive
level, our CEO has overall responsibility for addressing
climate risk and facilitating climate-related
opportunity. Day-to-day responsibility sits with ourChief Sustainability Officer (CSO), who works closelywith the CEO and reports to the General Counsel andChief Corporate Affairs Officer. The CSO and ESG
team are responsible for embedding climate
considerations throughout Cognizant’s business,
including orchestrating the execution of our ambitious
emissions reduction targets. To accomplish thisobjective, the CSO works cross-functionally with many
leaders including the Chief Audit Executive (Internal
Audit) and Enterprise Risk Management (ERM), theChief Security Officer and the Chief
Administrative Officer.
At the operational level, dedicated leaders oversee
Cognizant’s approach to managing environmental
risks and opportunities and strengthening client
engagement and raising Cognizant’s ESG
performance and transparency.

Our commitment to ESG performance is realized
by strengthening our company’s institutional
capability and pairing that with rigorous andrelevant transparency.

M. Aya Kiy-Morrocco, Esq.

Head of ESG Governanceand Reporting

10

TCFD refers to scenario analysis as Strategy.

11

TCFD refers to this as Risk Management and includes both risks and opportunities.

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GovernanceAppendix

Climate risk and opportunity
Biodiversity and NatureEnterprise Risk Management (ERM)
We believe climate risk is not a standalone
environmental risk but has a potential multiplier effectacross other existing business risks. As such, ourgovernance of this risk is incorporated into
Cognizant’s larger global ERM program. ERM enables
the periodic measurement, monitoring, reporting andoversight of the organization’s most significant
risk areas.
Our ERM process includes:• Identifying and prioritizing the top risk focus areas
for the organization on a periodic basis• Assessing (measuring and monitoring) risk levels of
the top risk focus areas• Facilitating risk mitigation actions, by working withbusiness and functional risk owners• Reporting top risks to management and the Audit
Committee of the Board
In addition to physical risk, our ERM program also
strives to monitor possible legal, monetary, market
and other transition risks associated with climatechange. For example, we seek to monitor our third
party ESG indices to track the organization’s external
perception with respect to ESG. We consider
appropriate responses and program adjustments toaddress any perception-related issues and actively
engage with clients and investors who may
have questions.

Global Business Resilience (GBR)
GBR’s primary objective is protecting continuous
operations while keeping our people safe. On alocation-based level, our GBR department monitors
many risks, including physical climate risk. GBR reports
to our Chief Security Officer. GBR runs a global risk
assessment process that identifies, assesses andprioritizes physical risks. As we deepen and expand
our footprint across existing and new geographies, we
become exposed to multiple country-specific climate
risks. Our system is designed to help ESG, ERM and42

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Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

GBR work in tandem. Country risk dashboards,
developed by ERM, help us understand and illustrate
the risk exposure of doing business in countries withhigher risk exposure to natural disasters and climate
related regulatory regime changes, among
other insights.
GBR also manages our incident response planning,which is designed to increase confidence in and theresiliency of infrastructure. GBR’s controls aredesigned to predict and prepare the business for
acute and chronic physical shocks, including:hurricanes

heatwaves

floodsdrought

GBR’s tools ideally enable us to assess specificregional risks, such as unusual monsoons, which isvaluable to our regional leads in locations such
as India.
We follow ISO standard 22301, globally
recognized as a tool to aid business
continuity management during
unexpected disasters.
We have achieved certification for our India, North
America (US & Canada), Latin America, European
Union and Asia-Pacific regions covering our Global /Regional Delivery Center operations.

Our risk prioritization andscenario planning
One of our overarching goals is to determine how
climate change will affect our associates and ourclients, including through the lens of our property andsupply chain. We also seek to understand the impact
physical climate risk will have on the availability of
talent across our locations and the support that ourassociates will need in the event of extreme
weather events.

Introduction

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GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

In 2021 and 2022, we conducted a scenario analysis ofpotential climate-related risks and opportunities thatmight occur between 2021 and 2050. In this analysis,
we considered the significance of identified climate
risks and opportunities and prioritized them based onrisk likelihood, impact and velocity. This allowed us to
put structure to a range of possible future states
under various degrees of climate disruption, with theobjective of integrating these considerations into therealm of potential risks we consider and analyze.
In this Cognizant-specific scenario analysis, we
catalogued risk and opportunity time frames:• Short term (up to 5 years)• Medium term (6-15 years)

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

For each time frame, we considered possible impacts
to Cognizant under varying degrees of heating andthe global responses to the impacts of that heating.
• Orderly transition to net zero 2050 (1.5°C): a highdegree of policy ambition and implementation of
the Paris Agreement• Disorderly and delayed transition (1.8°C): rapid,
disruptive transition over a short time horizon• Hothouse World’ (3°C): limited or no action taken totransition, thereby presenting the greatest stresstest of physical climate risks
We then identified potential areas of high climate riskthat were critical to our business at the regional,
country or geographic level.

• Long term (16-30 years)

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Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Scenario analysis of potential climate-related risks and opportunities

1 Identify and prioritize risk through extensive internal workshops and external research.
Identification

Prioritization

Research and consultation to identify risk

Prioritize using Enterprise Risk
Management framework

ERM framework to identify our most significant physical and transition climate risks to take2 Employthrough scenario planning.
Physical Risks
Acute

Extreme weather events causing damage to property that render it unusable

Acute/Chronic

Extreme weather events and trends affecting delivery capability

Chronic

Rising sea levels leading to disruption in operations

Transition Risks
Technology

Power outages leading to disruption in operations
Increased costs of transitioning to lower-emission technology

MarketChanging client behavior demanding greater commitment to climate strategy
Increasing energy costs

Reputation

Poor sustainability reputation leading to inability to attract/retain talent
Failure to meet climate commitments leading to negative media coverage and reputational damage

Opportunities
Services

New and increasing client demand for climate solutions
Use of new climate technologies

Resource Efficiency

More efficient facilities

3 Assess how these risks will change over time based on increased heating.
To allow Cognizant to consider the evolution of risk over time, we bucketed how likely and how severe a risk
might be:Short term

Medium termLong term

0-5 years

6-15 years

16-30 years

with current levels of heatingwith increasing heatingwith more heating

Please see our 2022 Form 10-K for information about the risk factors that affect or may affect our business.

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Introduction

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Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

In 2022, we furthered our prior climate scenario
analysis by considering risk at a city-level and in thecontext of the size of our associate population by city.
We leveraged proprietary data sets from engineering
companies and climate risk software to explore
possible risks at a city level. Around the world, thecities where we have the most associates living aremost prone to:Property
As climate change could affect our buildings anddata centers, and therefore our business, we seek tounderstand the physical climate risk profile ofour properties.

1. Flooding generated by extreme rainfall andstorm surges

Based on this understanding, we then consider
targeted actions to address the specific risks
identified, including seeking to keep properties dry
and adequately supplied with power.

2. Prolonged and combined heat and humidity

Monitoring

India has already been impacted by climate change.
In 2022, India experienced extreme weather like heavy
rains and heat. We documented and recorded nomaterial financial losses from these individual events.

To integrate climate risk into property management
decisions and investments, we use site-specificclimate data in our Facility Risk Assessment Profiling(FRAP), which scores the risk profile of each individual
Cognizant facility. We have designed warnings andprocesses to respond to weather events at facilities. In
2022, we included data on seven physical climate risk
factors in our FRAP scoring (see below). We used thisto identify appropriate resilience plans, which arereviewed annually.

Other risks explored but found to be less immediately
relevant due to smaller concentrations of associates
were drought, wildfire and hurricanes. (See theGovernance Management section for more
information about our ERM process and
GBR program.)

Risk frameworkand management
In 2022, we looked across the Cognizant value chain
and organized our thinking about how physical andtransitional climate risks might manifest through thebusiness. We focused on these risks and thegeographies in which our associates live and work,with particular attention on the following major areas:
Property
Procurement
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GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Three-part Facility Risk Assessment Profiling (FRAP)
Potential operational risk

Business criticality

Chronic climate trends

8 threats considered:

Sensitivity to delivery:

Trend line 7 physical risks:

1. Natural calamities

1. Projects with high headcount

1. Temperature extremes

2. Accidents

2. Single location projects

2. Coastal flooding

3. Engineering

3. Projects with return tooperation <= 24 hours

3. Drought

4. Infrastructure

4. Wildfire

5. Network

5. Tropical cyclones

6. Cyber

6. Water stress

7. Continuity ability

7. River flooding

8. Geo-political46

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GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Case study
Eventuated (2020-2022)

Actions

In September 2021, a lake flooded our Bangalore
office after heavy rains. 700 associates were sentfrom office to home and impact was limited due tohigh remote work and leased nature of building.

In 2022, the property owner completed flood walland drainage, the effectiveness of which we aremonitoring through our FRAP.

Chennai properties experienced heavy flooding in
2015. Since then we have consistently prioritized
the improvement of storm water drainage.

An office in Chennai to be connected with an
external storm water drain in 2023.

Stress from weather-related events exacerbates
existing infrastructure challenges:• Water storage capacity more than doubled
in Chennai• In 2019, Chennai ran out of water and the city
and Cognizant had to purchase and truckin water• As of July 2022, diesel storage in Chennai
secured for long-running outages (including
for data centers)• Inadequate diesel storage given increased
likelihood of outages from floods
Impact:• Through robust business continuity planning, Cognizant has maintained service delivery even during
extreme weather events.
• Cognizant plans to use climate data, among other data points, to shape decision-making around its realestate and consider the concentration of teams in certain locations to minimize impacts on delivery.

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GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Mitigation
In addition to FRAP-driven actions, over the last five years, we have implemented a series of mitigation measuresat certain offices and data centers in India to attempt to combat the effects and risks of increasing frequency
and intensity of extreme weather to our business operations.
Flooding, drought

Extreme temperatures

Power outages• Locating equipment on highfloors• Air conditioning for suitableinternal environment• Installing diesel-powered
back-up generators• Regularly checking andcleaning extensive drainage
systems• Installing tinted windows tominimize heat from sunlight• Increasing diesel storage
capacity at site for power
generators• Connecting offices to external
storm water drains• De-watering pumps todischarge excessive rainfall
during a storm
Alongside these measures, we have incident-response plans in place that undergo annual resiliency testing.
Please see the Emissions Reduction section for more information on emissions from our data centers.

Cognizant Data Center in Chennai, India
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Introduction

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Cognizant in the context of climate change
Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Procurement
Our suppliers’ climate readiness may impact the resilience and continuity of their services and our ability to meet
our own net zero goal. We recognize that our suppliers possess varying levels of understanding and preparedness
in relation to climate risk. Our supplier dialogue is designed to help us learn from those with mature riskmanagement strategies and support those that are less advanced.
Please see the Emissions Reduction section for more information on emissions from suppliers.

Supplier engagement

Commission support from:buildings resilience experts

Level of climate change
preparedness

Learn from:climate action leaders

Climate risk criticality

Educate & support: suppliers new toconsidering climate

Procurement: We are asking our most critical suppliers to prepare themselves for climate risk.
Need

Process

Outcome• Attempt to insulate Cognizant
from climate risk by asking ourmost critical suppliers to know
their climate risks and work to
mitigate them

Focus on limited key suppliers
rather than the full supply chain• Moves us toward goal toaddress physical climate risk

• Engage top suppliers toascertain level ofunderstanding andpreparedness

suppliers our climate
2 Sendrisk assessment

1

Identify business criticalsuppliers• Moves us on from asking
suppliers for carbon data toalso asking them about themore immediate risk of flooding
etc., as our own clients dowith suppliers that
3 Engagelack proper mitigation

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Net zero goal: metrics and targets

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Monitoring and mitigation

Monitoring

In 2023, we plan to engage suppliers we identified ashigh risk. These engagements will produce a supplierprofile and plan that will include:

The COVID-19 pandemic proved that we could
continue to produce high-quality work from home.
When dealing with climate change, however, sending
people home is not a long-term solution to avoiding
the impacts of physical climate risk at our properties.
An associate’s ability to work outside of a Cognizant
property is also dependent on their access to dry work
locations with alternate power supplies when needed.

• Risk profile: Type and scale of risks that could
impact Cognizant and adequacy of current plan
• Prioritization: Most critical physical climate risks
requiring mitigation with timelines for delivery and
KPIs for monitoring progress• Resolution: Agreement based on level of risk

We expect our suppliers to be proactively
addressing and adapting to climate change.
Collective effort is needed to build resilience that
we can all benefit from.
Melanie Temkin

AVP, Procurement Sourcing

PeopleWhen considering risk, we consider our ability to serve
clients and also realize how important the impacts ofclimate change on associate communities are to thatability.
Thus, our ongoing objective is to understand how
climate may affect where associates want to live andhow employer expectations may differ in a hotter andwetter environment. This requires combining available
predictions about heat and flooding with anunderstanding of how associates will respond toclimate change.

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Cognizant ESG Report 2022

In 2023, we began assessing whether any associates
were moving to new homes because of climatechange. We also began exploring what they mightneed in order to work from home during floods andpower disruptions.

Mitigation
We believe part of helping people deal with climatechange is helping them understand it. We want ourpeople to feel grounded, personally andprofessionally, in the topic. We made available to all
associates the use of an application that includes
actions people can take to lower their carbon
footprint. Over 15,000 associates are using thisapplication.

Introduction

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Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Opportunity
We believe addressing questions of sustainability can
improve a traditional business model.
Clients appreciate when we take a leadership role inaddressing sustainability, including transparent
reporting and regular direct communication. As clientinterest in our sustainability and ESG work has
increased, we have also increased our one-on-one
engagement with clients on the topic through our ESG
team, to clearly communicate our relevant programs
and progress, which can help create further client
engagement opportunities.
We don’t stop the conversation there, though. By
using our capacity to transform businesses with data
and technology strategies, we believe we can help ourclients work toward sustainable business models.
Climate opportunities available to Cognizant include:• Reducing our emissions: Meeting client
expectations by cutting our own carbon footprint
including through energy-efficient practices andthe use of renewable energy sources (Seeinformation on our Green IT.)• Reducing client emissions: Helping clients reduce
their own carbon footprints through theimplementation of technology solutions such as
cloud computing and virtualization (Seeinformation on our Carbon Calculator Tool.)• Offering sustainable services: Incorporating
sustainability into the development anddeployment of new products and services (Seeinformation on our Sustainability Solutions.)• Continually engaging on sustainability: Proactively
communicating with clients about Cognizant’scommitment to sustainability and the steps we aretaking to address it

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Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Net zero goal: Metrics and targets
We are working to ensure practical andsteady progress:

2020
Publicly commit to making a net zero goal

2021
Establish a public, time-bound net zero goalcommitment and ambition along with a six lever plan toachieve it

2022• Validate near-term science-based emissions
reduction target for our planned action through 2030
by the Science-Based Targets Initiative (SBTi)• Create emissions footprint and commission an
external third party to perform attestation
procedures• Design and deliver a roadmap to reach goals• Build robust process for automation with strong data
controls

2023 and beyond• Validate long-term science-based emissions
reduction target for our planned action through 2040
by the SBTi
• Regularly review and report progress on delivery of
our net zero goal

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Cognizant’s clients and investors have repeatedly
expressed strong interest in a net zero goal from us.
Because we are part of the value chain thatgenerates their emissions, they rely on us to create
sustained, long-term emissions reductions in view of
their supply chain footprint.
In 2021, we made a commitment to reduce emissions
from our global operations and supply chain by 50%
by 2030, and by 90% by 2040, in each case comparedto our 2019 emissions baseline. Where absoluteemissions reductions are not physically or financially
viable, we plan to use carbon offsets. We call this our‘net zero goal.’ We chose 2019 as our baseline year
because it was the last year before the COVID-19
pandemic that altered our operations and therefore
best represents the expected annual pace of ouremissions.

Introduction

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GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Science Based Targets
initiative (SBTi) validation
We are proud of the rigor and analysis we strive to put
behind our net zero goal, which will result in emissions
reductions for ourselves and our clients. Our goal has
been validated by the SBTi, a global partnershipworking with institutions on robust emissions reduction
efforts. SBTi has validated our net zero goal in twophases: near term and long term.
In 2022, the SBTi released updated guidance on
setting corporate net zero standards. Our sciencebased target for achieving a 90% reduction in total
emissions by 2040 is aligned with this standard.

2026

100%

Net zero goal: metrics and targets

Key elements of our net zero goal
• Focuses on absolute emissions reductions throughoperational efficiencies and renewable energy use,
before the use of carbon offsets• Measures reductions from a recent, pre-COVID-19
emissions baseline (2019)• Includes a near-term renewable electricity target• Includes often-hidden emissions, from travel to supply
chain to associate commuting, in Scope 3• Aligns with the need to keep global averagetemperature increases to 1.5 degrees Celsius

We plan to achieve our net zero goal
through six main levers:

1

Green IT

renewable electricity goal

2 Energy

At least

3 Supply chain

90%
of our top 150 suppliers by emissions
have set a science-based target to
reduce emissions

2030
Reduce absolute emissions by

Water stewardship

Client Sustainability Solutions

4 Travel reduction
5 Use of offsets
6 Training50%
in our global operations and supply
chain, offsetting the rest

2040
Reduce absolute emissions by90%
in our global operations and supply
chain, offsetting the remaining,
unavoidable emissions

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Net zero goal: metrics and targets

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Client Sustainability Solutions

Green IT

EnergyWe seek to optimize energy consumption across our
IT infrastructure globally, implementing smart andefficient strategies to manage our energy demands
and lower emissions from our operations. Significant
improvements have been made since 2019 in:Renewable energy and energy efficiency create
absolute emissions reductions in our operations. By
obtaining renewable energy, including electricity
from renewable sources directly and indirectly, we
seek to create new demand and stimulate green
market growth.

• Data centers: We have reduced the total footprintof our data centers by 17% over the course of 2021
and 2022 and improved our Power Usage Efficiency
by 9%. We have also accelerated our hyper
convergence of servers while optimizing physical by
13% and virtual by 20%. Cloud migration is a priority:
80% of our software applications now reside in
the cloud• Collaboration: By focusing on the use and benefit
of online collaboration tools we reduced the needfor associate travel. We estimate that ourassociates have devoted nearly 400 hours per
associate to virtual conversations since mid-2019.
Our focus has been on consolidating our meeting
platforms, and we have reduced the use of Internet
Protocol phones by 37%• End user computing: Energy consumed throughoffice IT equipment represents a significant sourceof emissions. Our initiatives to reduce our footprint
include i) reducing sleep time for associate laptops;ii) upgrading operating systems remotely insteadof using on-premise infrastructure; iii) scaling
down office printers; and iv) switching associatesfrom desktops to laptops, thereby achieving an
80% reduction in power needed for
associates’ computing• Network: We have significantly improved theenergy efficiency of our network with new
hardware such as routers using 30% less power
than existing equipment
By greening our IT, we have

reduced emissions associatedwith our IT infrastructure by 60%
since 2019.

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Renewable electricity
In April 2022, we announced our objective tosource 100% of our electricity needs for our offices andfacilities from renewable sources, like solar and wind,by the end of 2026.

We increased our global sourcing of renewableelectricity to 30% - a 3% increase from 2021.
We are working with renewable energy developers tocontinue or enter into group captive power purchaseagreements (PPAs) for solar and wind projects for ourelectricity needs in India. We plan to use renewableenergy certificates where our electricity demand isinsufficient to warrant use of a PPA. As the scope ofour real estate holdings evolve, Cognizant willleverage both direct and indirect renewable electricity
purchasing. For example, in 2023 Cognizant
encouraged a sustained hybrid and redistributed
work model. This model may not reach sufficientconcentrated energy demand required for PPAs.
Instead, we may focus more on IT energy usage andrenewable energy certificates. See below.

Energy efficiency program
Energy efficiency is a also a priority. We focus most of
our energy efficiency work in our owned buildings inIndia. These buildings are the largest source of ourenergy use and we have the most flexibility and ability
to determine and influence demand.
Equipment upgrades: We upgrade aging HVAC
equipment in our owned buildings, using modular
uninterruptible power supply (UPS) systems in place of
conventional units and adopting LED lighting in ourfacilities to enhance our energy efficiency.

Introduction

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Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions• Consolidating UPS systems and re-engineeringchilled water distribution: both of these efforts
reduce energy consumption and lower energy costs• LED retrofit: replace existing compact fluorescentlights with LED and optimize lighting requirements
We estimate that these projects have an energy
saving potential of up to 4.7 million kWh. In 2023, we
will continue to replace or upgrade HVAC equipment
and UPS units in our owned buildings to improve
operational efficiency.

dependence on carbon offsets. We engage with our
suppliers and request that they:• Gather and report (to us) GHG emissions data
• Set their own net zero targets
Please see the Supplier net zero goal section for more
information.
Our most significant development is the introductionof a new target that addresses the Scope 3 emissions
relating to our suppliers.

Looking ahead, we are setting up a centralized
enterprise building management system platform in
India to integrate all facilities and organize energy use
data from multiple sites into a single, easily accessible
online repository. Real-time information access will
improve data analysis and facilitate data-driven
decision-making. Additionally, it can provide a flexible
and reliable database that can help us to interface
with analytical tools on cloud spaces for fine-tuning,
global benchmarking and making positive changes
throughout our built environment.

Percentage of Cognizant suppliers with adocumented goal to reduce their greenhouse gas
emissions to net zero over time12

We offer similar services for our clients to help
them use data, automation and IOT to improve theenergy efficiency of their buildings. See Client
Sustainability Services.

End of 2026

2022

10 - 15%2023

15 - 20%
At least 90%

Supply chain
At the 23rd Energy Excellence Summit organizedby the Confederation of Indian Industry (CII)

10 of our facilities
were recognized for contributions toward
energy optimization.
We are helping our suppliers reduce their emissions as
they represent 63% of our overall carbon footprint. We
believe addressing emissions from our suppliers is
critical to reducing our Scope 3 emissions and future

12

In 2022, Cognizant set a bold goalthat at least 90% of our top 150
suppliers by spend will have set theirown emissions reduction targets by
the end of 2026.
Please see our Supply chain section under our
Governance pillar for more information.

Suppliers are their own entities and data are accurate as of report publication.

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Travel reduction

Culture and training

Our travel philosophy is based on ensuring efficient
movement to support business goals. Our travelemissions have been reduced by 72% since 2019, thebaseline of our net zero goal. The COVID-19 pandemic
is responsible for most of that reduction, but we also
work to maintain this trend by:

Reaching our net zero goal will take commitment anda cultural shift from within. Large companies like ours
have the power to help mobilize and educate
hundreds of thousands of associates to contribute to
our net zero goal actions. This is one of the reasons
we are prioritizing the provision of climate training.

• Setting limits on travel expenses and therefore
emissions

In addition, business solutions to climate change
require digital transformation; as digitaltransformation experts, Cognizant will lead our clientsin this space. To do so, we are taking steps towards
developing a climate-competent workforce, a part ofmeeting climate goals.

• Requiring pre-travel approval and delivering
information to associates on the carbon footprintof travel• Building on reports from the airlines we use to
identify wasteful trends• Improving the insights we provide associates on theemissions impact of air travel through the company
travel booking system

Use of carbon offsets
We strive to prioritize absolute emissions reductions
before the purchase of carbon offsets. As much as we
desire and strive for absolute reductions, we also
recognize the physical and economic barriers to anear-term zero-carbon economy.
Our goal is rapid decarbonization that allows for thecontinued growth and prosperity of our associates,
communities and clients. To achieve this, we believe
quality offsets have a place in the global transition toa lower-carbon economy, and we plan to use themwhere absolute emissions reductions are notphysically or financially viable.

3

By spend as of December 31, 2022.

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Cognizant ESG Report 2022

For more information on how we engage clients, see
the Sustainability Solutions section of this Report.
Our actions:• We began our education efforts in 2021 when we
trained 28,000+ associates on zero waste efforts• In 2022, we gave associates access to an
application which is a platform for individual action
on climate change and sustainability. More than
15,000 associates took more than 1 million actions• In 2023, we launched a robust climate education
program and set a goal to provide 100,000
associates with climate training by the end of 2024
For more information, see our section on Skillingassociates with sustainability training.

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Net zero goal: metrics and targets

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Based on our current processes, we have calculated our emissions as follows:

Carbon dioxide equivalent (metric tons) reporting year 2022

Scope 1
Scope 19,999 13

Scope 2
Location-based

101,402 13

Market-based

66,624 13

Scope 2 (referencing market-based)

66,624 13

Scope 3Purchased goods and services

666,279 13

Capital goods

141,113 13Fuel and energy related activities (FERA)

40,498 13

Business travel

83,807 13

Employee commuting

14,635 13

Upstream leased assets

24,491 13

Upstream transportation and distribution

806 13

Waste generated in operations

232 13

Investments

1,068 13

Scope 1, 2 (referencing market-based) and 3

1,049,552

Outside of scopes (R22 refrigerant)
Energy consumption in gigajoules (for Scope 1 and 2 activities)

1,045
623,351 13% electricity from renewable sources (India)
13

44% 13

We commissioned an external third party to perform attestation procedures with respect to this metric for the year ended
December 31, 2022. Full details and data methodology are available in the Report of Independent Accountants.

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Introduction

SocialEnvironment

Cognizant in the context of climate change
Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Water stewardship
We aim to consume water responsibly. Our long-termwater stewardship plan is aimed at reusing andrecycling water.
In 2022, we added risk prioritization to our global
water risk management efforts, which sets the stage
for engagement plans in high-risk areas. Through our
FRAP, we identify overall environmental risks, including
those focused on water like inundation and scarcity.
These risks are tracked and tackled at the facility
level.
Our efforts in rainwater harvesting and condensate
recovery in our owned buildings in India have

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Cognizant ESG Report 2022

contributed to a reduction in water consumption. In
2022, we harvested 16,838 kiloliters (4.4 million gallons)of rainwater through groundwater harvesting pumps,
meeting around 9% of total water consumption needs
in owned facilities. Additionally, recovering
condensate from air handling units added another 1%
to total water recovery for a total of 2,674 kiloliters(706,396 gallons).
Reusing treated water for horticulture, toilets andcooling towers in certain facilities reduces freshwater
usage and enables us to lower water costs.

Introduction

SocialEnvironment

Cognizant in the context of climate change
Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Circularity:
Upcycling and reducing waste
We use the principles of circularity as a guide for ourwaste management efforts.

scraps into manure, which were used as a natural
fertilizer for landscaping.

Our focus for e-waste management is to maximize
the reuse of our computers. In 2021, we committed to
keeping 80,000 computers out of landfill. By the endof 2022, we kept over 62,000 computers out oflandfills and remain focused on meeting thiscommitment in 2023.

In 2022, Cognizant associates in the Philippines
volunteered and collected nearly 240 pounds ofwaste such as plastics, rubber and trash bottles. The
Department of Environment and Natural Resources
recognized our efforts toward the conservation andrehabilitation of natural resources and the promotionof environmental protection and sustainability.

Our facility operations in India recycled 76 metric tonsof paper and packaging materials from our facility
operations. Organic waste converters converted food

Biodiversity and nature
Clients are increasingly interested in the role we playin managing biodiversity and nurturing healthy
ecosystems in their value chain. This is because there
is an increasing recognition in the business
community we serve that companies may need tolook beyond climate to waste, water and biodiversity
to understand the interwoven nature of their value
chain and the environment.
We acknowledge the positive role we could play overtime through client and community support, supplierpartnerships and associate volunteering to support
nature restoration, conservation, regenerative
agriculture and invasive species removal. See the
Client Sustainability Solutions section for more
information.

In 2022, a number of Cognizant Outreach projects
continued their work in support of protecting
biodiversity. Since 2022, Cognizant Outreach in thePhilippines has supported mangrove and tree
plantations on a large scale. Our team periodically
visits the mangroves to maintain them. Volunteers in
Manila and Cebu planted over 2,000 mangrove
saplings and hundreds of Narra tree saplings.

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Introduction

SocialEnvironment

Cognizant in the context of climate change
Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Client Sustainability Solutions
Seizing the sustainability opportunity requires new
operating models, supported by new data flows andinformation systems that make it possible toaccelerate meaningful change. To help our clients
expand their sustainability efforts, in 2022 welaunched our new Solving for Sustainability Services.
We have five core offerings:

1 Net zero pathways
2 Sustainability and ESG reporting
3 Sustainable products and circular economy
4 Sustainable manufacturing and operations
5

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Sustainable supply chains

Cognizant ESG Report 2022

Examples of our work with clients in 2022 include:• Helping a client efficiently collect, register andanalyze data from 36,000 suppliers, allowing theclient to set appropriate Scope 3 GHG emissions
performance indicators• Creating a suite of hardware, software and cloud
solutions that allowed a large retail chain to better
predict and monitor refrigeration system controls,
preventing food waste• Building a Geographic Information Systems early
warning and emergency action system thatcollates various types of agricultural data (like crop
diseases, adverse weather, ground conditions andmore) to provide warnings to local farmer
communities in locations like Malaysia and SubSaharan Africa, helping them become more
resilient in the face of climate change• Helping an equipment manufacturer redesign its
HVAC controller products used in the building
automation industry, resulting in a 10-15% reductionin power consumption, a 5-10% reduction in productcost and cost of ownership, a reduction incomponents thrown away due to a modular design
and a reduction in components involving
hazardous substancesIntroduction

SocialEnvironment

Cognizant in the context of climate change
Circularity: Upcycling and reducing waste

GovernanceAppendix

Climate risk and opportunity
Biodiversity and Nature

Project-level carbon footprint
calculator14
Developed in-house, our proprietary carbon
footprint calculator provides an estimate of the
GHG emissions generated by Cognizant
operations when delivering projects and services
to our clients. Estimated emissions can then be
tracked through the actual engagement lifecycleof a project to understand estimate accuracy andderive actions to control, improve and/or sustain
emissions. We hope that sharing the emissions
estimate with the client allows them to access the
GHG impact of the project in their own GHG
emissions inventory. We plan to review ourmethodology annually.
14

Net zero goal: metrics and targets

Water stewardship

Client Sustainability Solutions

Clients are increasingly interested inunderstanding the energy needs of our workwith them. To address this demand, we haveincorporated a proprietary carbon calculator
into our Delivery Center of Excellence.

Nisha Deshpande

Delivery - Carbon Footprint,
Center of Excellence

A project includes the activities necessary to deliver a combination of professional services and/or information, communication, data andcomputing technology to a client. Project delivery activities also include Cognizant’s organizational resources and supporting services thatmake project activity possible. The calculator seeks to include both emissions from resources directly involved in a specific project delivery as
well as from supporting services provided through Cognizant’s corporate structure.

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GovernanceWe believe good governance includes strong oversight from our Board and its
committees, combined with robust ethics and compliance policies and programs.
We govern ESG issues identified by our priority assessments, stakeholder engagement
and enterprise risk management processes.
In this section, learn about:
Our ESGgovernancestrategy62Enterprise Risk
Management

Ethics andcompliance

Cognizant ESG Report 2022

Associate
health andsafetySupply chain

Data security

Data privacy

Public policy
and politicalactivity

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Environment

Governance

ESG Oversight and GovernanceEnterprise Risk Management (ERM)

Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Our ESG governance strategy
Our ESG governance strategy focuses ontransparency and accountability. We practice theseprinciples by:• Performing regular internal audits of the controls
functions we use to validate ESG-related data

• Considering scientific research and using
stakeholder feedback and industry best practices
to identify our most important ESG focus areas andconnect them to our business purpose. This helps us
calibrate in a fast-changing world• Having strong Board oversight of our ESG strategy
and reporting

2021 Commitments

2022 Actions

Supply chain: Expand tools and outreach to engage
more suppliers in setting and meeting ESG standards
and best practices

Organized emissions reduction workshops for top 150
suppliers and worked with the top 20 of this group to
help them understand their impact on our Scope 3
emissions
Worked with remaining top 130 suppliers to focus on
their use of science-based targets and their annual
submission of information to CDPFormalized risk-based assessment criteria to identify
suppliers most at risk and subject to modern slavery
due diligence process

Supply chain: Continue to engage with diverse
suppliers in our supply chain

Target: Aspire to reach $1 billion of annual spend in
the US with diverse suppliers
Target: Each Category Sourcing Head on our
Procurement team will have specific spending goals

Ethics and compliance: Update governance-related
policies to align with best practices

Target: Aspire to add two African American–owned
and one veteran–owned supplier each quarter from Q42022 through the end of 2023
Updated Global Trade Compliance Policy andEnvironmental Health and Safety Policy
Every Executive Leadership Team member’s 2022
performance profile included a metric on conveying
tone at the top messaging

Risk management: Put data to work improving risk
management around ESG topics

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Cognizant ESG Report 2022

Received recognition from Gartner for risk assessment
framework and use of analytics

Introduction

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Environment

Governance

ESG Oversight and GovernanceEnterprise Risk Management (ERM)

Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

ESG oversight and governance
Our Chief Sustainability Officer leads the Cognizant ESG program, which is reviewed by the Board through its
committees.
Board of Directors

Audit
Committee

Compensation and Human
Capital Committee

Governance andSustainability Committee

Oversight of Enterprise Risk
Management program

Oversight of human capitalmanagement issues, including
diversity and inclusion; generaltalent management; retention;and development and training

Oversight of ESG program

CEO and Executive Committee

Head of Diversity and Inclusion

Chief Sustainability Officer

Executive and Senior Leadership Teams integral to related change management

Our stakeholders
Associates

Clients

Investors

Suppliers

Communities

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Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Approach: Organize aroundour stakeholders
Integrating ESG considerations into our business strategy helps us meet client, investor and other stakeholder
expectations and achieve our stated purpose—to engineer modern businesses to improve everyday life.
Responsible operations and transparency around environmental and social efforts are increasingly important toour stakeholders. This is why our ESG program is designed to support the expectations of our stakeholders,surface new value and identify and mitigate risk. (See Strategy: Create sustainable value to see how input fromour stakeholders informed our prioritization of ESG issues and their integration into our business strategy.)

Stakeholder

Our approach

Engagement in 2022

We strive to enable our clients to create more sustainablebusiness outcomes and help them meet their own ESG
commitments

See Client Sustainability
Solutions

Our associate commitments and social impact programs
aim to engage associates, contribute to our company
culture and help associates amplify their personal impact
in the world

See Employee engagement
See Next: Preparing for the skillsof the future with sustainability
training

We seek to actively demonstrate how ESG can be
integrated to support our business and will seek toaddress their expectations, for example with diversity
progress and time-bound climate commitments

Ongoing investor ESG
engagement

We partner with suppliers to set ESG expectations andencourage progress across our supply chain

See Supply chain: Supplier
diversity program in the US and
Human rights
See Supply chain: net zero goal

We aspire to leverage our technology expertise and local
partnership programs to help strengthen thecommunities in which we operate

See Beyond Cognizant:Community engagement andphilanthropy

Clients

Associates

Investors

Suppliers

Communities

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Introduction

SocialOur ESG governance strategy

Environment

Governance

ESG Oversight and GovernanceEnterprise Risk Management (ERM)

Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Cognizant governance policies
Anti-Corruption Policy
Code of Ethics
Environmental Health & Safety
Human Rights Policy
Modern Slavery Statement for Supply chain
Public Policy Engagement
Supplier Diversity Policy
Supplier Standards of Conduct
Whistleblower and Non-Retaliation Policy

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Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Enterprise Risk Management
Our ERM program seeks to ensure that our company
is prioritizing on key risks, by:Identifying

In 2022, our cross-functional steering committee
continued to address our third party risk management
process. ERM continued reporting risk deep dives to
the Audit Committee.

Assessing
FacilitatingThis includes facilitating the management of our mostsignificant risks, including ESG-related risks such as:climate change and business resiliency, ethics andcompliance, data and cybersecurity and data
privacy. See our section on TCFD for how we manage
our climate risks and opportunities.

Our ERM program received recognition in theform of a case-study from Gartner in 2022 for theuse of a structured risk framework for data
analytics adoption.

Ethics and compliance
We seek to distinguish ourselves in the market bymaintaining the highest standards of integrity.

Tone at the top

Governance

Cognizant’s Board, CEO, Executive Committee andExecutive Leadership Team (ELT) support a culture of
ethics and compliance by setting the tone at the top.
An ethical tone at the top requires us to provide
associates with clear statements of our values,
policies and processes. The ELT promulgates the toneat the top by sharing required ethics and compliancemessaging with their respective teams.

Our Chief Ethics and Compliance Officer, responsible
for the operation of the Ethics and Complianceorganization, reports to our General Counsel, and isunder the direct oversight of our Audit Committee.
Our Global Compliance and Ethics Committee works
across operating segments to support the complianceprogram. Cognizant leaders are responsible fordriving ethical behavior and we expect our associates
to uphold high standards of ethical conduct.

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Every executive leader’s performancemeasurement included a metric around toneat the top in 2022.

Introduction

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Environment

Governance

ESG Oversight and GovernanceEnterprise Risk Management (ERM)

Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Ethics and compliance(E&C) risk management
model
The E&C team uses policies and processes designed
to require and support ethical behavior throughout
our business. (See E&C risk management model.)7 pillars: E&C risk management model

Prevent
Standards & Procedures
Training & Education
Oversight & Governance

DetectMonitoring & Auditing
ReportingRespond
Internal Enforcement & Discipline
Remediation, Response and Prevention

Code of ethics
Our Code of Ethics sets forth our guiding principles
and values that establish a standard of conduct
everyone in our organization is expected to uphold.
The Code integrates Q&A scenarios and includes aninteractive format aligned with Cognizant’s focus on
digital. Our corporate policies, refreshed on a triennial
basis with an emphasis on continuous simplificationand learning from observations from the preceding
three years, reinforce that standard. Among thepolicies refreshed in 2022 was our Global Trade Policy,
with updates reflecting changes in the global
sanctions landscape and risk environment. In addition
to our Code and policies, all associates areencouraged to follow our “Cognizant Agenda,” whicharticulates a set of values that promote a culture of
integrity, collaboration and inclusion and reinforce
relevant expectations and standards.
Cognizant’s Code of Ethics training course, whichmust be completed annually by all associates,
includes a module on diversity and preventing
discrimination and harassment. This training is
supplemented with other diversity-focused training
and leadership-development initiatives, such ascountry-specific training, inclusive leadership training,
mentoring and sponsorship programs. Additionally,
Cognizant associates in the US, India and Latin
America must complete our Preventing Harassment
and Discrimination Training each year. This training
covers protected categories, gender identity andexpression, accommodations and other significant
topics related to harassment and discrimination. Our
goal is 100% timely completion of mandatory ethics
and compliance training for all associates. In addition
to tenured associates, all new associates are required
to complete our Code of Ethics course within 30 daysof joining.
To further our culture of integrity, in 2022 wedeveloped and piloted a scenario-based workshop
designed to enhance ethical leadership andawareness among associates in middle management
roles through discussion, case studies based oninvestigation activity and common situations, andcommunication of trends, observations anddevelopments in the regulatory environment. This
program will be a focal point of our ongoing initiative
to supplement tone at the top with tone from culture
setters in the middle of the organization.

Working for a company with strong ethics is an
integral part of our value proposition to ourassociates, our clients and partners, and thecommunities in which we operate.

Marc Levin

Chief Ethics andCompliance Officer

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Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Anti-corruption
Our zero-tolerance approach to bribery andcorruption in all of its forms is outlined in our AntiCorruption Policy. The policy is accessible on our
corporate website and available in eight languages.
The document details our commitment to operating
ethically and in compliance with relevant anticorruption laws in the areas in which we operate.

Whistleblower
and non-retaliation
In line with our mission to cultivate a culture in which itis safe to speak up, our Whistleblower and NonRetaliation Policy encourages associates to reportconcerns or questions, without fear of retaliation,
whenever they observe potential instances ofunethical behavior in our operations.

Cognizant has publicly available methods for
associates to report concerns or ask questions about
our ethics and policies. Among them is ourCompliance Helpline, available to all of ourassociates, vendors, clients and others, toanonymously report suspected violations of the law,
our Code of Ethics or other policies. The Helpline isaccessible via telephone, our intranet and online.
Reports of suspected improper or unethical activity
are investigated and treated with confidentiality incompliance with local laws.
For the third consecutive year, the ethics andcompliance driver scored best in our annual
Engagement Survey, increasing to its highest level yet– a reflection of our associates feeling comfortablespeaking up and their confidence in the ethicalbehavior of management.

Associate health and safety
We integrate the principles and practices of ourenvironmental, health and safety (EHS) management
system across our organization to ensure a healthyand safe working environment for everyone, including
associates, contractors, business associates, vendors
and the community at large.
We revised our global EHS Policy in 2022 andexpanded facilities covered by our EHS management
system. New EHS e-learning courses were rolled out
on our EHS intranet page, and we implemented a
Hazard and Aspect Identification and Assessment of
Risk and Opportunity program.

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Cognizant ESG Report 2022

As of 2022, 92% of our workspace was covered by ISO
45001:2018 Occupational Health and Safety
Management System and 90% was covered by ISO
14001:2015 Environmental Management System. We
now track and report this metric based on workspace(e.g., offices) rather than associate count in aworkspace. This allows us to accommodate therealities of hybrid work.

Workspace coverage2022

ISO 45001:2018 Occupational Healthand Safety Management System

92%

ISO 14001:2015 Environmental
Management System

90%Introduction

SocialOur ESG governance strategy

Environment

Governance

ESG Oversight and GovernanceEnterprise Risk Management (ERM)

Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Supply chain
We extend our ESG focus across our supply chain
ecosystem. Suppliers must abide by our SupplierStandards of Conduct, Code of Ethics and AntiCorruption Policy. We collaborate with our suppliers
on due diligence, transparency and continuous
improvement. Our suppliers can then in turn extend
these principles to their own suppliers.

Supplier diversity
In 2021, we launched a Supplier Diversity Program in
the US, and in 2022 we made significant progress. We
increased our annual spend with diverse suppliers by
18%, year-over-year. In addition, we:• Established a Steering Committee of Procurement,
Diversity and Inclusion, Delivery Operations, Human
Resources, Training and Development andEnvironmental, Social and Governance experts• Convened a working group of Supplier Diversity
Champions throughout the company to help us
design and implement growth strategies• Mandated the inclusion of diverse suppliers in alllarge sourcing engagements• Began to provide diverse spend targets to our
Procurement Category Heads

Spend targets

2021

In 2023, we aim to continue incremental increases inour spend in the US with diverse suppliers byincreasing the participation of African American,
Native American and veteran-owned suppliers in our
program. In addition, we strive to achieve following
goals during 2023:• Modify our Request for Tender templates tospecifically address diversity questions for suppliers• Aspire to add an additional Native American-owned
supplier by the end of 2023
• Implement a Tier- 2 supplier diversity program by
the end of 2023
• Expand our supplier diversity program outside of
the US, starting with the UK and Canada

We continue to develop relationships withdiverse suppliers and set targets to increase ourspend with them. We believe this will enhance
our ability to meet the needs of our clients.

2022
Michael Krinick% of domestic spend on
diverse suppliers

32%

Increase in annual run
rate of spend with diverse
suppliers+33% +18%

36%

AVP, Procurement Services

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Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Human rights

During 2022, we began a process of proactively
reassessing our high-risk suppliers.

There is no place in our supply chain for humantrafficking in any form. We do not make use of childlabor or forced labor, and we seek to never work withthird parties that engage in such practices.

Supplier net zero goals

We have implemented new risk-based Modern
Slavery assessment criteria to ensure that ourpartners share our values and standards. These
criteria help us identify which suppliers present thehighest levels of risk of exposing Cognizant and our
supply chain to slavery-related practices andtherefore will be subject to our modern slavery due
diligence process. Suppliers can specify whichinternational human rights standards they follow andprovide information on relevant topics such as healthand safety, freedom of association and collective
bargaining, child labor and modern slavery, andstandards for vulnerable populations.

We engaged with our suppliers to help them reduce
their emissions as part of our net zero goals.
In 2022:• We organized workshops for our top 150 suppliers
that contribute the most to our emissions• In this group of 150 we worked with the top 20 tohelp them understand their impact on our Scope 3
emissions. We specifically focused on theimportance of committing to science-based targets
and annual submission of data and information to
help track progress

Data security
Our Corporate Security team is committed todelivering world-class security and risk-management
capabilities to protect and enable our trusted global
business while creating client value and competitive
differentiation.

5 elements of data security management
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Detection
Response
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With an ever-changing threat landscape andincreased sophistication of cyber threats, we
strive for operational excellence in our core
cyber capabilities while continuing to matureand enhance our systems. Continuous vigilance,
improvement and learning is the mantra I
challenge our Corporate Security organization
to live by.

Anil Cheriyan

EVP, Strategy and Technology

Introduction

SocialOur ESG governance strategy

Environment

Governance

ESG Oversight and GovernanceEnterprise Risk Management (ERM)

Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Our approach adheres to third party standards,
including the National Institute of Standards andTechnology’s (NIST) Cybersecurity Framework andother applicable regulatory and client control
standards requirements. In 2022, we began
preparations for compliance with the ISO 27011:2022
standard. We have maintained our certificates for
information security management systems such as
ISO27001 certification since 2002 and are currently
ISO27001:2013 certified through 2024.

Culture and training
Training is part of creating a security aware culture.
Mandatory security training for all associates isconducted annually, and new hires must complete
the training within 30 days of hire. Our BusinessInformation Security team also works with clients to
conduct security training.

Our 2022 training highlights include:

Governance ofdata security

Created a Secure Software Development
Lifecycle Center of Excellence to manage
mandatory training for our softwaredevelopers

Our Corporate Security team reports to the Board
with security presentations and cyber metrics. In
addition, quarterly updates are presented to the Audit
Committee on risk remediation, modernization
programs and metrics.

Incorporated insider threat training into
all mandatory training

The Security and Technology Risk Committee (S&T) is
composed of management and meets regularly andincludes S&T senior executives as well as relevant
partners from ERM, Internal Audit, Legal, Privacy andProcurement. The S&T’s focus areas include cyberthreat trends, insider threat concerns, security control
testing results and key modernization activities.

Security policies and procedures

Expanded awareness and phishing
training to certain role-based populations
and are now initiating supplementaryrole-based training for higher-risk
populations, including softwaredevelopers, privileged administrators,
senior executives and third party
vendor sponsors

Our Global Security and Acceptable Use Policies set
out the responsibility of our associates to follow
security controls and requirements. These policies andstandards are reviewed and updated as required but
at a minimum on an annual cadence.
We continue to refine our risk assessment andmanagement processes to support our ongoingsecurity modernization and maturity enhancement
efforts across the enterprise under the governance of
our Security Integrated Risk Management group.

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Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

2022 data security highlights and 2023 focus areas
2023 Focus areas
Our task is never done and our focus for 2023 is to continue to build on our 2022 achievements and security
maturity journey to date. Key focus areas include:2022 Achievements

2023 Focus areas

Conducted an external NIST CSF maturity
assessment across Corporate Security and IT andworking to close observed high priority gaps
and opportunities

Continued enhancement of our governance and risk
management capabilities and reviewing strategy toalign our NIST processes to the MITRE ATT&CK
framework

Expanded ongoing data collection and metric
generation processes to track alignment of ouractivities with key performance indicators

Continued enhancement and expansion of program
operational excellence via automation and improved
operational metrics

Reduced identified vulnerabilities and security gaps
while continuing to modernize our infrastructure andprocesses across all our security domains

Ongoing modernization of our cybersecurity andoperations (e.g., firewall modernization and Identityand Access Management) and initiation of our Zero
Trust journey

Enhanced security maturity in:

Further enhancement of our security culture throughexpanded security training of our general and higherrisk populations including software developers andfunctional high-risk areas such as accounts payable
and sensitive general counsel activities• Asset management• Endpoint protection• Vulnerability management• Global cyber intelligence and operations• Disaster recovery and business continuity
Increased our investment in deterring insider threat
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Accelerated integration of our acquired entities into ourinterim essential controls and transitioning to ourstandard Cognizant security modelIntroduction

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ESG Oversight and GovernanceEnterprise Risk Management (ERM)

Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Data privacy
At Cognizant, we seek to handle personal information ethically and lawfully. Our Global Privacy leadership
periodically reports to our Board, CEO, Executive Committee and Executive Leadership Team on risk mitigationand progress.

Jurisdictions around the world have data privacy
regulations. Our robust program is designed toprotect our clients, associates and key
stakeholders, and enables us to support ourclients globally in an evolving regulatory
landscape.
Stephanie Higgins

Chief Privacy & Data Ethics Officer

Working with partners across the business, our Global
Privacy Team assesses risks, defines standards,
supports the implementation of privacy policies andcompliance programs, and provides guidance acrossthe company. Further, our Internal Audit teamsupports compliance and risk management throughregular assessments of our privacy program.
National privacy policies and regulations impact ourand our clients’ business. It can be critical for us tounderstand the political landscape in which they
are made, and to know how to navigate theserequirements. Therefore, in 2022 we have continued

to participate in industry groups such as theInformation Technology Industry Council, theInformation Accountability Foundation and the Data
Security Council of India.
To effectively manage our privacy obligations, wedeliver continuous training, including on critical topics
like Privacy By Design and Privacy Impact
Assessments. We also continued to build out our
support of our company-wide Privacy Champion
Network by hosting Privacy Champion Summits andPrivacy Office hours.
In 2022, we enhanced corporate compliance
processes through automation, including processes
for managing new regulatory requirements. In
response to new requirements around data transfers
following the European Court of Justice ‘Schrems II’decision, we have continued to evaluate the relevant
European Union legislation, alongside our internal
policies and controls, to ensure we are able to meet
our contractual obligations.
In 2023, we will continue to review internal controls
and security measures to help address privacy
requirements and enhance company-wide privacy
awareness by further integrating privacy modules into
existing training programs.

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Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

Public policy and political activity
At Cognizant, we understand that the biggest issues
facing our world require collaboration between stateand federal policymakers, industries, organizations
and individuals. Cognizant believes that by working
alongside these stakeholders, we can find policy
solutions that benefit our communities, our associates
and our clients.
Cognizant, like others in our industry, actively engages
in public policy advocacy on issues that are importantto our business operations, customers andcommunities. These issues include skilled immigration,
privacy, trade, tax and research and development.
In the US, Cognizant’s Political Action Committee
strives to donate equally to major political parties.

15

Skilled immigration for a diverse and global
talent pipeline
Studies show that creating jobs for high-skilled
foreign workers increases employment
opportunities and wages for US workers, inaddition to harnessing innovation andentrepreneurship for the country. Building adiverse, global talent pipeline allows us tocontinue to innovate and drive growth for ourclients and shareholders. This is especially apriority at a time when immigration to the US
has fallen, exacerbating current workforce
shortages15. Therefore, we maintain and rely on
fair immigration to continue addressing the skills
gap and meeting the needs of our clients.
We are determined to recruit and develop a
global workforce that fills skill gaps in the US
and beyond.

US Chamber of Commerce. (February 28, 2023). “America Works Data Center.”

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Introduction

SocialOur ESG governance strategy

Environment

Governance

ESG Oversight and GovernanceEnterprise Risk Management (ERM)

Ethics and complianceAppendix

Approach: Organize around our stakeholders
Associate health and safety

Supply chain

Data security

Data privacy

Public policy and political activity

77

Appendix
About this Report
The information in this Report covers Cognizant’s Fiscal Year 2022 (January 1 through December 31, 2022) unlessstated otherwise. It also covers our facilities and associates globally unless stated otherwise.
We have reported the information cited in this Report and GRI content index for the period of our Fiscal Year 2022with reference to the 2021 GRI Standards. In addition, we have used the Sustainability Accounting Standards
Board (SASB) Software and IT Services standard and followed the recommendations of the Task Force on
Climate-Related Financial Disclosures (TCFD).
To hold our ESG reporting to high standards, we:• Commission an external third party to perform attestation procedures over our GHG emissions• Leverage the COSO16 Framework to support our goal of transparent, accurate and complete reporting
Topics addressed and terms used in this Report may be different from those terms as used in the context of filings
with the US Securities and Exchange Commission (SEC). Issues deemed relevant for the purpose of this Report or
our ESG stakeholder assessment may not be deemed material for SEC filings.

16

The COSO Framework is a globally recognized system businesses use to establish internal controls to promote data accuracy andcompleteness. (COSO, as it is most commonly known, or the Committee of Sponsoring Organizations, was developed to help companies
ensure accurate public financial reporting.)

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SASB index

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GRI index
Statement of use

Cognizant has reported the information cited in this GRI content index for the period
January 1 through December 31, 2022 with reference to the GRI Standards.

GRI 1 used

GRI 1: Foundation 2021

GRI Standard

Disclosure

Location

2-1 Organizational details

Name of the organization: Cognizant Technology
Solutions Corporation
Ownership and legal form: 2022 Form 10-K
Location of headquarters: Teaneck, New Jersey,
United States
Location of operations:
About our business, page 72022 Form 10-K, page 24
2023 Proxy Statement, page 5

2-2 Entities included in theorganization’s sustainability
reporting

About our business, page 72022 Form 10-K, pages 5-7

2-3 Reporting period, frequency and Reporting period: Fiscal Year 2022 (January 1 throughcontact point
December 31, 2022)
Reporting cycle: Annual
GRI 2: General
Disclosures 2021

Publication date: June 5, 2023
Contact: sustainability@cognizant.com
2-4 Restatements of information

The following were restated to confirm our ongoingcommitment:• Sustainable Development Goals, page 15• Affinity groups, page 30• Climate-related risks and opportunities, pages
43-44• Science-based targets, page 53• Levers, pages 53-56
2-5 External assuranceCommissioned an external third party to perform
attestation procedures over our GHG emissions (seeReport of Independent Accountants).

2-6 Activities, value chain and otherbusiness relationships

2022 ESG Report, page 7; page 55; pages 71-72
2022 Form 10-K, pages 5-82023 Proxy Statement, page 5

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Location

2-7 Employees

Total number of employees: 355,300 as of December
31, 2022
2022 ESG Report, page 72022 Form 10-K, pages 9 - 11
We do not track gender in all regions by law
Methodologies and assumptions: Applies to all
Cognizant directors, officers, and employees
worldwide as well as all Cognizant business units,
subsidiaries, and joint ventures over which Cognizant
has operational control (collectively “associates”).
Significant fluctuations in the number of employees:
High attrition in industry

2-9 Governance structure andcomposition

2022 ESG Report, page 65
2023 Proxy Statement, pages 7-8, 15-16, 17-33

2-10 Nomination and selection of the 2023 Proxy Statement, page 14
highest governance body
2-11 Chair of the highest
governance body

GRI 2: General
Disclosures 2021

Mr. Stephen J. Rohleder has served as independent
Chairman of the Board since January 12, 2023.

2-12 Role of the highest governance 2022 ESG Report, page 65
body in overseeing the management
2023 Proxy Statement, pages 32-33
of impacts
2-13 Delegation of responsibility for
managing impacts

2022 ESG Report, page 41

2-14 Role of the highest governancebody in sustainability reporting

Our Governance and Sustainability Committee
formally reviews and approves our sustainability
report.

2-15 Conflicts of interest

Board of Director qualification standards

2023 Proxy Statement, pages 35-38

2023 Proxy Statement, page 40
2-16 Communication ofcritical concerns

2023 Proxy Statement, page 98

2-17 Collective knowledge of thehighest governance body2023 Proxy Statement, pages 15-16

2-18 Evaluation of the performanceof the highest governance body2023 Proxy Statement, pages 14, 44

2-20 Process todetermine remuneration

2023 Proxy Statement, pages 44-47

2-21 Annual totalcompensation ratio

2023 Proxy Statement, pages 14, 44

Corporate Governance Guidelines, page 8
Corporate Governance Guidelines, page 7-8; page 10
Corporate Governance Guidelines, pages 7-8

Corporate Governance Guidelines, page 7-8; page10
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Location

2-22 Statement on sustainable
development strategy

2022 ESG Report, pages 2-3

2-23 Policy commitments

2022 ESG Report, pages 68-72
2023 Proxy Statement, page 37
Code of Ethics
Supplier Standards of Conduct
Human Rights Policy
Anti-Corruption Policy
Environmental, Health and Safety Policy
Equal Employment Opportunity Policy Statement
Global Diversity and Inclusion Policy
Global Harassment, Discrimination & Workplace
Bullying Prevention Policy
Political Activity Policy

GRI 2: General
Disclosures 2021

Whistleblower and Non-Retaliation Policy
2-24 Embedding policy
commitments

2022 ESG Report, pages 68-72
2023 Proxy Statement, page 37
Code of Ethics
Global Diversity and Inclusion Policy
Equal Employment Opportunity Policy Statement
Political Activity Policy

2-25 Processes to remediate
negative impacts

2022 ESG Report, pages 40-59; pages 68-70
Reports of suspected improper or unethical activity
are investigated and treated with confidentiality incompliance with local laws.

2-26 Mechanisms for seeking advice 2022 ESG Report, page 70
and raising concerns
Code of Ethics
Supplier Standards of Conduct
Whistleblower and Non-Retaliation Policy
Cognizant’s Ethic & Compliance Helpline

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Location

2-27 Compliance with laws
and regulations

2022 Form 10-K, page 22

GRI 2: General
Disclosures 2021

We commit significant financial and managerial
resources to comply with our internal control overfinancial reporting requirements, but we have in thepast identified and may in the future identify material
weaknesses or significant deficiencies in our internal
control over financial reporting that cause us to incur
incremental remediation costs in order to maintainadequate controls.

2-28 Membership associations

United Nations Global Compact (UNGC)

2-29 Approach to
stakeholder engagement

2022 ESG Report, pages 28, 66

2-30 Collective
bargaining agreements

We are not party to any significant collective
bargaining agreements.
2022 Form 10-K, page 9

GRI 3: Material
Topics 2021

3-1 Process to determinematerial topics

2022 ESG Report, page 14

3-2 List of material topics

2022 ESG Report, page 14

In 2021, we worked with a third party to gauge which
ESG issues various stakeholders thought were most
relevant to our business. In 2022 we built on this work
internally by reviewing client questions and requests
in order to continue focusing on the topics that we
believe are most impactful and relevant to ourbusiness.

1. Social with an emphasis on engaging, training andhiring diverse talent in our workforce from ourcommunities
2. Environment with an emphasis on reducing GHG
emissions through technology, our culture andinternal change-management
3. Governance with an emphasis on ESG oversightand transparency, including supply chain
management, health and safety, ethics, data privacy
and security

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Location

3-3 Management of material topics

2022 ESG Report• Social, pages 16-37• Environment, pages 38- 61• Governance, pages 62-76
2023 Proxy Statement, pages 35-38
2022 Form 10-K, pages 10-12
In 2022, we looked across the Cognizant value chain
and organized our thinking about how physical andtransitional climate risks might manifest through thebusiness. We focused on these risks and thegeographies in which our associates live and work,with particular attention on the following major
areas: property procurement and people.
GRI 3: Material
Topics 2021

We believe addressing questions of sustainability
can improve a traditional business model. Climate
opportunities available to Cognizant include:
reducing our emissions, reducing client emissions,offering sustainable services and continuallyengaging on sustainability.
Other policies and reports such as:
Code of Ethics
Supplier Standards of Conduct
Whistleblower and Non-Retaliation Policy
Environmental, Health and Safety Policy
Global Diversity and Inclusion Policy
Global Harassment, Discrimination & Workplace
Bullying Prevention Policy
201-1 Direct economic value
generated and distributed

Revenues: $19.4B
2022 ESG Report, page 72023 Proxy Statement, page 5

GRI 201: Economic
Performance 201684

201-2 Financial implications andother risks and opportunities due toclimate change

2022 ESG Report, pages 42-51

201-3 Defined benefit plan
obligations and otherretirement plans

2022 Form 10-K, page F-36

201-4 Financial assistance received
from government

2022 Form 10-K, pages F-25 to F-28

Cognizant ESG Report 2022

2022 Form 10-K, pages 15-21

Under the plans, employees contribute up to 12.0% of
their eligible compensation, which is matched by anequal contribution by the Company 2023.

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Disclosure

Location

GRI 203: Indirect
Economic Impacts 2016

203-1 Infrastructure investments and 2022 ESG Report, pages 32-36
services supported
In 2022, we awarded over $23.5 million in grants andgifts to 115 organizations around the world, furthering
our mission to improve economic mobility andcommunity resilience through strategic
programmatic giving, local community support anddisaster response.
Grants and gifts through philanthropy as well as pro
bono engagement through our Outreach volunteer
program.
203-2 Significant indirect economic
impacts2022 ESG Report, pages 32-36
2023 Proxy Statement, page 38

206-1 Legal actions for antiWe comply with antitrust and competition laws of
GRI 206: Anti-competitivecompetitive behavior, anti-trust, and every country where we do business.
Behavior 2016
monopoly practices
302-1 Energy consumption within the 2022 ESG Report, page 57
organization
2021 ESG Report, page 90
GRI 302: Energy 2016

UK Government GHG Conversion factors for
Company Reporting (2021)
Energy consumption disclosures, page 98

GRI 303: Water andEffluents 2018

303-1 Interactions with water as ashared resource

2022 ESG Report, page 58

303-2 Management of water
discharge-related impacts

2022 ESG Report, page 58

303-3 Water withdrawal

2022 ESG Report, page 58

In 2022, we added risk prioritization to our global
water risk management efforts, which sets the stage
for engagement plans in high-risk areas.
In 2022, we harvested 16,838 kiloliters (4.4 million
gallons) of rainwater through groundwater
harvesting pumps, meeting around 9% of total water
consumption needs in owned facilities.

303-5 Water consumption

2022 ESG Report, page 58
In 2022, water storage capacity more than doubled
in Chennai, India.

305-1 Direct (Scope 1) GHG emissions 2022 ESG Report, page 57
GHG emissions disclosures, pages 96-100

GRI 305: Emissions
2016

305-2 Energy indirect (Scope 2) GHG 2022 ESG Report, page 57
emissions
GHG emissions disclosures, pages 96-100
305-3 Other indirect (Scope 3) GHG
emissions2022 ESG Report, page 57
GHG emissions disclosures, pages 96-100

305-4 GHG emissions intensity

We do not directly disclose our intensity ratio.

305-5 Reduction of GHG emissions

We do not directly disclose our year-over-year
reductions.
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GRI 306: Waste
2020

Environment
SASB index

Governance
TCFD index

Appendix

GHG methodologies and verification

Disclosure

Location

306-1 Waste generation andsignificant waste-related impacts

2022 ESG Report, page 59
Our focus for e-waste management is to maximize
the reuse of our computers. In 2021, we committed to
keeping 80,000 computers out of landfill. By the endof 2022, we kept over 62,000 computers out oflandfills and remain focused on meeting thiscommitment in 2023.
Our efforts apply to our own e-waste.

306-2 Management of significant
waste-related impacts

2022 ESG Report, page 59

306-3 Waste generated

Cognizant is a services provider with a knowledgebased supply chain. We are not a large consumer of
raw materials, nor do we produce a product or any
related packaging.

306-4 Waste diverted from disposal

2022 ESG Report, page 59

401-1 New employee hires andemployee turnover2022 ESG Report, page 19
2022 Form 10-K, page 10
For the three months ended December 31, 2022 and
2021, our annualized attrition rate, including bothvoluntary and involuntary, was 25.3% and 34.6%,
respectively. Our attrition rate for the years ended
December 31, 2022 and 2021, including bothvoluntary and involuntary, was 31.7% and 30.8%,
respectively.

GRI 401:
Employment 2016

401-2 Benefits provided to full-time
employees that are not provided totemporary or part-time employees

2022 ESG Report, page 27
2022 Form 10-K, page 122023 Proxy Statement, page 35

GRI 403:
Occupational
Health and Safety2018403-1 Occupational health andsafety management system

2022 ESG Report, page 70

403-2 Hazard identification, risk
assessment, and incident
investigation

Environmental, Health and Safety Policy

403-3 Occupational health services

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Cognizant ESG Report 2022

Environmental, Health and Safety Policy
Meet all applicable environmental, health and safety
laws and regulation requirements. The Global EHS
Center of Excellence team will evaluate EHS
performance by monitoring ongoing performance
results outlined in EHS objectives and targets
framework documents and through periodic
management reviews with key business leadership,including the CEO, CFO and CAO
2022 ESG Report, page 70

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GRI 403:
Occupational
Health and Safety
2018

Environment
SASB index

Governance
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Disclosure

Location

403-4 Worker participation,
2022 ESG Report, page 70
consultation, and communication on
Communicate environmental, health and safety
occupational health and safety
programs to Cognizant Associates and encouragethem to report any environmental, health or safetyconcerns.
403-5 Worker training on
occupational health and safety

New EHS e-learning courses were rolled out on our
EHS intranet page, and we implemented a Hazard
and Aspect Identification and Assessment of Risk
and Opportunity program.

403-6 Promotion of worker health2022 ESG Report, page 27
2023 Proxy Statement, page 35

403-8 Workers covered by an
occupational health and safety
management system
GRI 403:
Occupational
Health and Safety
20182022 ESG Report, page 70
As of 2022, 92% of our workspace was covered by
ISO 45001:2018 Occupational Health and Safety
Management System and 90% was covered by ISO
14001:2015 Environmental Management System.
We now track and report this metric based on
workspace (e.g., offices) rather than associate countin a workspace. This allows us to accommodate therealities of hybrid work.

403-9 Work-related injuries

We do not disclose this information.

403-10 Work-related ill health

We do not disclose this information.

404-1 Average hours of training peryear per employee

25 M learning hours / 355,300 associates = averageof >70hrs/FTE

404-2 Programs for upgrading
employee skills and transition
assistance programs

In 2021, we launched the Cognizant Returnship
Program for technology professionals looking torestart their careers. Participants with at least five
years of relevant experience who have taken an
extended career break of at least two years aresupported as they transition back into thetechnology workforce.

GRI 404: Training
and Education
20162022 ESG Report, pages 21, 24-27, 37, 56
2022 Form 10-K, page 112023 Proxy Statement, page 35
404-3 Percentage of employees
receiving regular performance andcareer development reviews

Periodic talent processes such as talent reviews aim
to help individuals develop in role and prepare for the
future, while strengthening our leadership pipeline
overall.
2022 Form 10-K, page 11

GRI 405: Diversity
and Equal
Opportunity 2016405-1 Diversity of governance bodies 2022 ESG Report, page 19-20
and employees
2023 Proxy Statement, pages 7-8; page 36
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Disclosure

GRI 408: Child Labor 2016 408-1 Operations and suppliers at
significant risk for incidents of childlabor

GRI 409: Forced orCompulsory Labor 2016

Location
Our Company does not make use of child labor (i.e.,a person under the minimum age provisions ofapplicable laws and regulations) or forced labor (i.e.,
prison labor, indentured labor, bonded labor, militarylabor, slave labor), does not condone any form of
human trafficking, and will not work with third parties
who engage in such practices.

409-1 Operations and suppliers at
Our Company does not make use of child labor (i.e.,significant risk for incidents of forced a person under the minimum age provisions ofapplicable laws and regulations) or forced labor (i.e.,
or compulsory labor
prison labor, indentured labor, bonded labor, militarylabor, slave labor), does not condone any form of
human trafficking, and will not work with third parties
who engage in such practices.
Following a risk assessment we undertook across all
aspects of our business and supply chain, we haveupdated our process to include targeted modern
slavery due diligence within our global supply chain.
Cognizant’s main focus has been ensuring that its
standards and expectations are clearlycommunicated to existing and prospective suppliers.
High risk suppliers are required to provide details of
their own practices and their supply chain in relation
to modern slavery. These suppliers are required toprovide evidence that they have implemented
modern slavery prevention mechanisms. See Modern
Slavery Statement414-1 New suppliers that werescreened using social criteria

2022 ESG Report, page 71-72

GRI 415: Public Policy
2016

415-1 Political contributions

2022 Annual Political Spend Report

GRI 418: Customer
Privacy 2016418-1 Substantiated complaints
We do not disclose this information.
concerning breaches of customer
privacy and losses of customer data

GRI 414: Supplier Social
Assessment 2016

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We have implemented new risk-based Modern
Slavery assessment criteria to ensure that ourpartners share our values and standards. These
criteria help us identify which suppliers present thehighest levels of risk of exposing Cognizant and our
supply chain to slavery-related practices andtherefore will be subject to our modern slavery due
diligence process. Suppliers can specify whichinternational human rights standards they follow andprovide information on relevant topics such as healthand safety, freedom of association and collective
bargaining, child labor and modern slavery, andstandards for vulnerable populations. During 2022,
we began a process of proactively reassessing our
high-risk suppliers.

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SASB index
Industry: Software and IT Services
Table 1. Sustainability Disclosure Topics & Accounting Metrics
Topic

Unit ofMeasureAccounting Metric

CategoryCode(1) Total energy
consumed,(2) percentage gridelectricity,(3) percentage
renewable

Quantitative Gigajoules (GJ), TC-SI- (1) Total energy
Percentage (%) 130a.1 consumption (forScope 1 and 2
activities): 622,378

Location
2022 ESG Report,
page 57(3) Percentage
renewable (India geoonly): 44%(1) Total water
Quantitative Thousand cubic TC-SIwithdrawn, (2) total
meters (m³),
130a.2water consumed,
Percentage (%)
percentage of eachin regions with Highor Extremely HighBaseline Water
Environmental Stress
Footprint ofHardware
Infrastructure

Discussion of theintegration ofenvironmental
considerations into
strategic planningfor data center
needs

Response

Discussion
n/aand Analysis

In 2022, we harvested 2022 ESG Report,
16,838 kiloliters (4.4
page 58
million gallons) ofrainwater throughgroundwater
harvesting pumps,
meeting around 9% of
total water
consumption needs in
owned facilities.
Additionally,
recovering
condensate from air
handling units added
another 1% to total
water recovery for a
total of 2,674 kiloliters(706,396 gallons).

TC-SI- Integration of2022 ESG Report,
pages 42-57
130a.3 environmental
considerations into
strategic planning fordata center needs is
discussed in the“Environment”
section.

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Table 1. Sustainability Disclosure Topics & Accounting Metrics

Data Privacy& Freedom ofExpression

Description of
Discussion
n/apolicies andand Analysis
practices relating tobehavioral
advertising and user
privacy

TC-SI- Description of policies 2022 ESG Report,
220a.1 and practices
page 75
relating to behavioral
advertising and user
privacy is discussed
under “Data privacy”
on page 75.

Number of users
Quantitative Number
whose information isused for secondary
purposes

TC-SI- We do not disclose
220a.2 this information.

Total amount of
Quantitative Reporting
monetary losses as
currency
a result of legal
proceedings
associated with user
privacy

TC-SI- We do not disclose
220a.3 this information.

(1) Number of law
enforcement
requests for user
information,(2) number of users
whose information
was requested,(3) percentage
resulting in
disclosure

TC-SI- We do not disclose
220a.4 this information.

Quantitative Number,
Percentage (%)

List of countries
Discussion
n/awhere coreand Analysis
products or services
are subject togovernmentrequired monitoring,
blocking, content
filtering, or
censoring90

Cognizant ESG Report 2022

TC-SI- We do not disclose
220a.5 this information.

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Data Security

Recruiting &Managing a
Global,Diverse &SkilledWorkforce(1) Number of data
breaches,(2) percentage
involving personallyidentifiable
information (PII),(3) number of users
affected

Quantitative Number,
Percentage (%)

TC-SI- We do not disclose
220a.5 this information.

Description of
approach toidentifying andaddressing data
security risks,
including use ofthird-party
cybersecurity
standards

Discussion
n/aand Analysis

TC-SI- Disclosures can be
230a.2 found under “Datasecurity” on pages
72-74 of the ESG
report.

2022 ESG Report,
pages 72-74

Percentage of
employees that are(1) foreign nationals
and (2) locatedoffshore

Quantitative Percentage (%)

TC-SI- We do not disclose
330a.1 this information.

2022 Form 10-K,
page 9

Employeeengagement as apercentage

Quantitative Percentage (%)

TC-SI- Our 2022 Cognizant
330a.2 People Engagement
Survey, conducted
via third party
platform, had anearly 60%
participation rate.

2022 ESG Report,
page 28

TC-SI330a.3

2022 ESG Report,
page 19

Percentage of
Quantitative Percentage (%)
gender and racial/ethnic grouprepresentation for(1) management, (2)technical staff, and(3) all other
employees

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Intellectual
Property
Protection &Competitive
Behavior

Total amount of
Quantitative Reporting
monetary losses as
currency
a result of legal
proceedings
associated with
anticompetitive
behavior regulations

TC-SI- We do not disclose
520a.1 this information.

Number of (1)Quantitative Number, Days
performance issuesand (2) service
Managing
disruptions; (3) total
Systemic Risks customer downtime
from
Description of
Discussion
n/aTechnology
business continuity and Analysis
Disruptions
risks related todisruptions ofoperations

TC-SI- We do not disclose
550a.1 this information.

TC-SI- Different risks are2022 ESG Report,
550a.2 discussed in thepages 42-51“Environment” section
2022 Form 10-K,of the ESG report andpages 15-21
in the Form 10-K.

Table 2. Activity Metrics
Unit ofMeasureActivity Metric

Category(1) Number of licenses orsubscriptions,(2) percentage cloud-based

Quantitative

Number,
Percentage(%)

TC-SI-000.A We do not disclose
this information.

(1) Data processing capacity,(2) percentage outsourced

Quantitative

See note

TC-SI-000.B(1) Amount of data storage,(2) percentage outsourced

Quantitative

Petabytes,
Percentage(%)

TC-SI-000.C We do not disclose
this information.

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Code

Response

We do not disclose
this information.

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Topic

Recommended Disclosure

Governance: Disclose the a. Describe the board’s oversight oforganization’s
climate-related risks andgovernance around
opportunities.
climate-related risks and b. Describe management’s role inopportunities.
assessing and managing climate-

Response or location
2022 ESG Report: Environment, page 412022 ESG Report: Environment, page 41

related risks and opportunities.
Strategy: Disclose theactual and potential
impacts of climaterelated risks andopportunities on theorganization’s
businesses, strategy, andfinancial planning wheresuch information ismaterial.

a. Describe the climate-related risks
and opportunities the organization
has identified over the short,medium, and long term.

2022 ESG Report, pages 42-51

b. Describe the impact of climaterelated risks and opportunities on
the organization’s businesses,
strategy, and financial planning.

2022 ESG Report, pages 42-51

c. Describe the resilience of theorganization’s strategy, taking into
consideration different climaterelated scenarios, including a 2°C or
lower scenario.

2022 ESG Report: Environment, page 42-45

2022 Form 10-K, pages 15-21

In 2021 and 2022, we conducted a scenario analysisof potential climate-related risks and opportunities
that might occur between 2021 and 2050. In thisanalysis, we considered the significance of identified
climate risks and opportunities and prioritized thembased on risk likelihood, impact and velocity. This
allowed us to put structure to a range of possible
future states under various degrees of climate
disruption, with the objective of integrating these
considerations into the realm of potential risks weconsider and analyze.
In this Cognizant-specific scenario analysis, we
cataloged risk and opportunity time frames: shortterm (up to 5 years), medium term (6-15 years) andlong term (16-30 years).
For each time frame, we considered possible impacts
to Cognizant under varying degrees of heating andthe global responses to the impacts of that heating,including and up to a “Hothouse World” at 3°C.

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GHG methodologies and verification

Topic

Recommended Disclosure

Response or location

Risk Management:
Disclose how theorganization identifies,
assesses, and manages
climate-related risks.

a. Describe the organization’s
processes for identifying andassessing climate-related risks.

2022 ESG Report: Environment, pages 42-45

b. Describe the organization’s
processes for managing climaterelated risks.

2022 ESG Report: Environment, pages 42-50

c. Describe how processes for
identifying, assessing, andmanaging climate-related risks areintegrated into the organization’s
overall risk management.

2022 ESG Report: Environment, pages 42-45

Metrics and Targets:
Disclose the metrics andtargets used to assess
and manage relevant
climate-related risks andopportunities where suchinformation is material.

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a. Disclose the metrics used by the2022 ESG Report, pages 52-57
organization to assess climaterelated risks and opportunities in linewith its strategy and risk
management process.
b. Disclose Scope 1, Scope 2 and, if
appropriate, Scope 3 greenhousegas (GHG) emissions, and therelated risks.

2022 ESG Report, page 57

c. Describe the targets used by theorganization to manage climaterelated risks and opportunities andperformance against targets.

2022 ESG Report, pages 52-57

Cognizant ESG Report 2022

2022 Form 10-K, page 122023 Proxy Statement, page 37

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GHG methodologies and verification

GHG methodologies and verification
GHG emissions disclosures
1. Cognizant considers the principles and guidance ofthe World Resources Institute (WRI) and the World
Business Council for Sustainable Development’s(WBCSD) The Greenhouse Gas Protocol: A Corporate
Accounting and Reporting Standard, Revised and the
Corporate Value Chain (Scope 3) Accounting andReporting Standard (together the “GHG Protocol”), toguide the criteria to assess, calculate and report GHG
emissions, including energy consumption.
2. Organizational boundary relates to Cognizant’s sites
over which it had operational control during thereporting year.
3. Emissions associated with the following sites are notincluded: those under construction, not operational,
on short-term leases, co-working sites, or nonintegrated companies (those in process of being or
recently acquired).
4. Carbon dioxide equivalents (CO2e) emissions areinclusive of carbon dioxide (CO2), nitrous oxide (N2O),
methane (CH4), and industrial gasses, which includehydrofluorocarbons (HFCs). The other GHGs of sulfur
hexafluoride (SF6), perfluorocarbons (PFCs) andnitrogen trifluoride (NF3) are not emitted by
Cognizant’s sites. Emissions data by individual gas is
not disclosed as a majority of CO2e relates to CO2.
These CO2e emissions utilize Global Warming
Potentials (GWPs) defined by the Intergovernmental
Panel on Climate Change’s (IPCC) Fourth Assessment
Report (AR4 - 100 year), unless a different Assessment
Report is already embedded in the emission factor
source. CO2e emissions are calculated by multiplying
actual or estimated energy, fuel and refrigerant
usage by relevant emission factors and GWP. Allemission factors are updated annually whereapplicable.
5. GHG emissions quantification is subject to significant
inherent measurement uncertainty because of suchthings as GHG emissions factors that are used inmathematical models to calculate GHG emissions,and the inability of these models, due to incomplete
scientific knowledge and other factors, to accurately
measure under all circumstances the relationshipbetween various inputs and the resultant GHG

emissions. Environmental and energy use data usedin GHG emissions calculations are subject to inherent
limitations, given the nature and the methods used
for measuring such data. The selection by
management of different but acceptablemeasurement techniques could have resulted inmaterially different amounts or metrics being
reported.
6. MTCO2e = Metric tons of carbon dioxide equivalent,
GJ = Gigajoules.
7. Related to Scope 1 GHG emissions:• Scope 1 stationary fuels include diesel fuel used for
backup generators, liquid petroleum gas, andnatural gas used by Cognizant sites.
– Diesel powered backup generators are in use atcertain sites in Brazil, France, Hungary, India,
Ireland, Lithuania, the Philippines, Poland, andthe United States (U.S.). Diesel consumption(volume) was obtained from third-party invoices
or property owners’ reports. Stationary diesel isadjusted for stockpiling for sites in India. Where
diesel consumption was not available,
Cognizant estimated diesel consumption using
the intensity method (liters/square foot) basedon comparable Cognizant sites for facilities that
did not report actual data in 2022, but had diesel
generator(s) in service in 2021.
– Food vendors on-site at fully leased or owned
sites in India consume liquid petroleum gas.
Actual consumption data was obtained fromthird-party invoices or vendors’ reports. No
estimates were made.
– U.S. and Canadian sites, and certain European
sites consume natural gas. Natural gas
consumption was obtained from third-party
invoices or property owners’ reports. For sites
where consumption data was not available forcertain months, an average monthly
consumption was calculated based on theinvoices received for that site. For sites where
consumption data was available for less than six
months of the year, Cognizant estimated natural
gas consumption for the missing period using
the 2018 Commercial Buildings Energy
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Consumption Survey (CBECS) intensity factors
for United States offices for sites in the U.S. or
Canada, or based on comparable sites forlocations outside of the U.S. or Canada.
• Scope 1 mobile fuels include diesel or gasoline fuels
used for the Cognizant vehicle fleet in Belgium,
Brazil, Germany, Hungary, India, Portugal, and theNetherlands.
– Cognizant used third-party invoices or vendors’
reports where available to measure mobile fuelconsumption. For vehicle fleets where mobile
fuel consumption data was not available forcertain months, an average consumption was
calculated based on the invoices received forthat vehicle fleet.
– Where invoice data was not available,
Cognizant estimated mobile fuel consumption
using the intensity method which was based on
the annual average liters from other Cognizant
vehicles.
• Scope 1 emissions from refrigerants apply to Kyoto
Protocol refrigerants used in the operation of sites
in India and the Philippines. All other refrigerant
emissions are outside of Cognizant’s operational
control and are excluded from reporting.
Refrigerant top ups were obtained from third-party
invoices.
• Energy associated with on-site solar panels (notconnected to a third-party grid) is generated andconsumed on-site at sites in India. Cognizant
categorized emissions from on-site solar panels
within its Scope 1 GHG emissions with zero
emissions.
• Emission factors:– United Kingdom (UK) Government GHG
Conversion factors for Company Reporting(2022).
• Estimated emissions from the sources above
account for approximately 14% of the reported
Scope 1 GHG emissions.
8. Related to Scope 2 GHG emissions:• Scope 2 purchased electricity applies to electricity
used at Cognizant sites and purchased a) from thegrid, or b) from the property-owner for Cognizant's
direct use on-site.
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Appendix– Cognizant captured actual electricity usage
from the grid, including renewable power, fromthird-party invoices or property owners’ reports.
For sites where consumption data was notavailable for certain months, an averagemonthly consumption was calculated based on
the invoices received for that site. For all othersites (except the U.S. and Canada) where
electricity consumption was not available,
Cognizant estimated electricity usage using theintensity method (kWh/square foot) based oncomparable Cognizant sites. For sites in the U.S.
and Canada, Cognizant used the 2018 CBECs
intensity factors for U.S. offices.
– Electricity purchased from a property owner andgenerated through captive diesel generators inIndia is based on invoice data and categorizedunder Scope 2 as purchased electricity.
– In certain countries, Cognizant has sites thathouse on-site data centers or Cognizant
operated (infra-managed) data centers.
Electricity used by these data centers is includedin Scope 2. Consumption was obtained fromthird-party invoices or vendors’ reports. When
consumption data was not available, Cognizant
calculated its data center electricity use basedon contracted power, the share of power
utilization provided by the partner data centersand operating hours per year. Data centers
operate 24 hours per day, 7 days per week, 365
days per year. Where information was notavailable, previous year consumption data wasused as a proxy.
• Scope 2 district heating and cooling is used for one
site in Hungary. Consumption was obtained fromthird-party invoices or for months where data was
not available, an average monthly consumption
was calculated based on the invoices received forthat site.
• Scope 2 electricity consumption by electric vehicles
charged off site for Cognizant’s vehicle fleet in
Belgium and the Netherlands. Consumption data
was obtained from third-party invoices or vendors’
reports. No estimates were made.
• Emission factors: Location-based:– Grid electricity and electric vehicles charged offsite:

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GHG methodologies and verification• India: Government of India Ministry of PowerCentral Electricity Authority CO2 baseline
database for the Indian Power Sector (2022).
• U.S.: U.S. Environmental Protection Agency(EPA) Emissions & Generated Resource
Integrated Database (eGrid) 2021 factors by
sub-region (2023).
• All other countries: International Energy
Agency (IEA) CO2 equivalent emissions – total
for electricity and heat (2022).
– Electricity purchased from property owners:• UK Government GHG Conversion factors for
Company Reporting (2022) for 100% mineraldiesel.
– District heating and cooling: UK Government
GHG Conversion factors for Company Reporting(2022).
• Emission factors: Market-based:– Grid electricity:

goods, and category 4: upstream transportation anddistribution:• Calculated based on annual spend data obtained
from Cognizant’s Enterprise Resource Planning(ERP) system.
• Emission factors:– For forty-three (43) of Cognizant’s top suppliersby emissions in 2022 (calculated using 2016
Quantis emission factors), Cognizant usedpublicly available data as most recently reported
to CDP Climate Change (as of May 2023) orsustainability (or equivalent) and corresponding
Annual Report, to create supplier-specificemission factors.
– For all other suppliers and spend categories,
Cognizant applied the 2016 Quantis emission
factors available from the GHG Protocol Scope 3
evaluator tool (cited May 2023).
10. Related to GHG emissions from Scope 3, category 3:
fuel- and energy-related activities:• Solar and wind energy purchased throughpower purchase agreements (PPAs) or energy
contracts or through the property owner:
Treated as zero emissions.

• Calculated based on activity data (diesel, district
heating and cooling, electricity, electric vehicles
charged off site, gasoline, LPG, and natural gas
consumption) from Scope 1 and 2 emissions.

• After application of solar and wind energy
purchases:• Emission factors:– European sites: Association of Issuing
Bodies (AIB) European Residual Mix 2021 v1.0
(last updated 2022).
– All other countries: Same as location-based
factors.
– Electricity purchased from property owners,
district heating and cooling, and electric vehicles
charged offsite:• Same as location-based factors.
• Estimated emissions from the sources above
account for approximately 3% of reported
Scope 2 GHG emissions (location-based) andapproximately 5% of reported Scope 2 GHG
emissions (market-based and referencing marketbased).
9. Related to GHG emissions from Scope 3, category 1:purchased goods and services, category 2: capital– WTT for diesel, district heating and cooling,gasoline, liquid petroleum gas, and natural gas:
UK Government GHG Conversion factors for
Company Reporting (2022).
– WTT for electricity:• UK: UK Government GHG Conversion factors
for Company Reporting (2022).
• All other countries: The UK government
stopped publishing WTT electricity emission
factors for geographies outside of the UK in
2021. Using UK Government GHG Conversion
factors for Company Reporting (2021) as aproxy.
• T&D losses for electricity: IEA T&D Losses
Emission Factors 2022.
11. Related to GHG emissions from Scope 3, category 5:
waste generated in operations:• Calculated using an average intensity factor
estimated based on publicly available data as
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reported in their most recent sustainability (orequivalent) report (as of May 2023), for Infosys and
WiPro, as peer benchmarks and the number of
employees obtained from the HR system as ofDecember 31, 2022.
12. Related to GHG emissions from Scope 3, category 6:
business travel:• Air and rail travel: The data used in the calculation
is obtained from reports provided by a third-party
commercial travel manager, which includes total
distance per trip for business travel booked:– Air travel covers domestic and international
travel by Cognizant employees globally.
– Rail travel covers commuter train, national rail
and international by Cognizant employees
globally.
• Other business travel categories: Calculated basedon annual spend data (accommodation, car lease,
relocation services, transportation, travel
management, and visa & immigration services)
obtained from Cognizant’s ERP system.
• Emission factors:– UK Government GHG Conversion factors for
Company Reporting (2022).
13. Related to GHG emissions from Scope 3, category 7:
employee commuting:• Calculated using an average intensity factor
estimated based on publicly available data asreported in their most recent sustainability (orequivalent) report (as of May 2023), for IBM, Infosys,
WiPro, as peer benchmarks and the number of
employees obtained from the HR system as ofDecember 31, 2022.
14. Related to GHG emissions from Scope 3, category 8:
upstream leased assets:• Third party data centers: Consumption was
obtained from third-party invoices or vendors’
reports. When consumption data was notavailable, calculated energy use based oncontracted power, its share of power utilization
provided by the partner data centers andoperating hours per year. Data centers operate 24
hours per day, 7 days per week, 365 days per year.
For data centers where information was notavailable, usage was estimated using the average
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consumption of all other data center sites where
this information was available.
• Common areas: Actual common area share ofelectricity and captive diesel generators usage
obtained from landlords for certain sites in India.
Cognizant used the India data to develop an
average intensity benchmark for the common
areas for all other sites, which was then multipliedby the site’s floor area.
• Emission factors:– Electricity:• India: Government of India Ministry of PowerCentral Electricity Authority CO2 baseline
database for the Indian Power (2022).
• U.S.: U.S. EPA eGrid 2021 factors by sub-region(2023).
• All other countries: IEA CO2 equivalentemissions – total for electricity and heat(2022).
– T&D losses for electricity: IEA Emission Factors
2022.
– WTT for electricity:• UK: UK Government GHG Conversion factors
for Company Reporting (2022).
• All other countries: The UK government
stopped publishing WTT electricity emission
factors for geographies outside of the UK in
2021. Using UK Government GHG Conversion
factors for Company Reporting (2021) as aproxy.
15. Related to GHG emissions from Scope 3, category 15:
investments:• Includes all minority investments where Cognizant
has (1) less than 50% of ownership, and (2) either
have voting rights or a seat on the board (that is
not merely an observer position), but (3) does nothave operational control of the entity.
• As investment portfolios are dynamic and change
frequently throughout the reporting year,
Cognizant uses December 31 as the fixed point in
the reporting year to determine which investments
to include in its emissions for the reporting year (i.e.,
minority investments owned as of December 31 areincluded in reporting). In the event that an

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GHG methodologies and verification

investment was acquired or divested during theyear, a pro rata share for the year has been
applied.

19. Estimated energy consumption from the sources
above account for approximately 10% of the reported
energy consumption for Scope 1 and 2 activities.

• Subsequent to the end of the year and during Q12023 on February 13, 2023, Cognizant divested
from an investment representing approximately
94% of the GHG emissions from investments.
• Calculated using a GHG emissions factor by dollar
estimated based on peer benchmarks, the revenueof the minority investment, and Cognizant’s
percentage ownership as of December 31, 2022.
• Emission factors:– Dollar invested intensity emission factor
calculated from an average emissions per dollarof revenue for IT & software development
companies most recently reported to CDP
Climate Change (as of May 2023). Cognizant
collected the 2022 Scope 1, 2 (market-based,
where available) and 3 emissions for twentythree (23) companies in the IT & software
services industry, divided by the 2022 revenue
for these companies to form the average
emissions factor per dollar of revenue.
Energy consumption disclosures
16. Direct and indirect energy include gigajoules of direct
on-site renewable energy consumption, direct energy
purchased, which is comprised of diesel, gasoline,
liquid petroleum gas, and natural gas, and indirectenergy purchased which is comprised of purchased
electricity, district heating and cooling generated
offsite, as well as electricity consumption by electricvehicles charged off site, as applicable.
17. The preparation of the energy consumption metricrequires management to establish the criteria, makedeterminations as to the relevancy of information to
be included, and make assumptions that affectreported information. The selection by managementof different but acceptable measurement techniques
could have resulted in a materially different amountor metric being reported.
18. Renewable electricity includes solar and windpurchases made by Cognizant for use at sites inIndia.

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