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HCL Advances Go Green! Initiative With Carbon Neutral Global Customer Meet
Unstructure 2008 Will Be a Uniquely Paper-Free Conference That Will Provide Benefits to Ecologies and Feature Keynote Address From Nobel Prize Winner and Former U.S. Vice President Al Gore

HCL Technologies, a leading
global IT services provider, today announced that Unstructure 2008, its
annual Global Customer Meet, will be a carbon-neutral event as it offsets
its carbon emissions with Carbonfund.org, one of the country's leading
carbon offset organizations. By joining Carbonfund.org's CarbonFree Partner
program, HCL has joined a national movement of businesses and organizations
that are leading the fight against global warming.
In addition to Unstructure 2008 being a carbon neutral event, HCL is
advancing its Go Green initiative by using this event as an incentive to
plant more than 650 oak trees in 2.8 acres of land in the Western Himalayas
near Shyamlatal, District: Champawat, Uttarakhand. These trees are the
natural habitat of the oak silk worm, which also feeds on the leaves of
these oak trees. The silk from the open-ended cocoons of the oak silk worm
were used in the making of the silk scarves, which were distributed to all
guests at Unstructure 2008. The silk is known as "Peace Silk" because it is
drawn only after the oak silk worm moth has emerged, with no harm befalling
the silk worm itself.
"Oak Silk production in the Garhwal Himalayas started as an idea in
conservation," said Vineet Nayar, CEO of HCL. "The idea was to promote
livelihoods by using forest resources without destroying the trees. The
income from oak sericulture became an economic incentive for the local
community to contribute to the conservation of a region listed on the World
Wildlife Fund's Global 200. We hope that the scarves leave our guests with
a sense of appreciation for HCL's Go Green Initiative."
While the scarves are representative of the eco-friendly support HCL is
providing to the region in which the silk is produced, its efforts to make
Unstructure 2008 a carbon neutral and paper-free conference are indicative
of its efforts to promote environmental consciousness on a global scale.
"We are very pleased that a company with a global presence like HCL has
accounted for, minimized, and offset the environmental impact of an event
like Unstructure 2008," said CarbonFund.org Executive Director, Eric
Carlson. "Beyond the positive impact of the carbon offsets, the example HCL
sets for its guests will help them to better understand sustainability
solutions and how they themselves can reduce climate change impacts. We are
proud to provide HCL with carbon offsets as a way to demonstrate one
solution that is readily available today."
Carbonfund.org's CarbonFree Partner program supports renewable energy,
energy efficiency, and reforestation projects in the U.S. and abroad to
reduce CO2 pollution and help hasten our transition to a clean energy
future.
Including HCL staff and guests, Unstructure 2008 will welcome approximately
800 attendees, who will produce estimated carbon emissions of 1446.46
metric tons, roughly half the volume of the water in an Olympic-sized
swimming pool. Through its arrangement with Carbonfund.org, HCL will
compensate for these emissions by purchasing carbon credits, which will be
split equally into carbon offsets of Reforestation, Energy Efficiency and
Renewable Energy.
For its efforts, HCL will receive recognition from Carbonfund.org and be
added to its list of over 900 CarbonFree® Partners.
In addition to its reforestation and carbon offsets, Unstructure 2008 will
include a number of other environmentally conscious features including a
keynote address from former U.S. Vice President and Nobel Peace Prize
Recipient Al Gore on action ideas for businesses on how they can become
truly sustainable
HCL's green efforts at Unstructure are a precursor to the launch of its
green technology services slated for late Q4 2008.
About HCLT ISD
HCLT ISD is a leading IT services company and a subsidiary of HCL
Technologies Ltd. (also known as HCL Comnet in the domestic market). A
focused player in the IT services arena, HCLT ISD seeks to provide
simplified infrastructure solutions through delivering high-performance
management services for complex, distributed infrastructure environments
encompassing the Internet, Client and legacy based infrastructures. HCLT
ISD addresses the growing demand for the cost-effective management of
technology infrastructure across geographically dispersed locations. With a
mission to develop innovative solutions for enterprises worldwide, the
company has developed a unique model for Remote IT infrastructure
management that enables customer organizations to achieve superior
infrastructure performance and significantly reduced costs through a global
delivery model. For more information, please visit www.hclisd.com
About HCL Technologies
HCL Technologies is a leading global IT services company, working with
clients in the areas that impact and redefine the core of their businesses.
Since its inception into the global landscape after its IPO in 1999, HCL
focuses on 'transformational outsourcing,' underlined by innovation and
value creation, and offers integrated portfolio of services including
software-led IT solutions, remote infrastructure management, engineering
and R&D services and BPO. HCL leverages its extensive global offshore
infrastructure and network of offices in 19 countries to provide holistic,
multi-service delivery in key industry verticals including Financial
Services, Manufacturing, Aerospace & Defense, Telecom, Retail & CPG, Life
Sciences & Healthcare, Media & Entertainment, Travel, Transportation &
Logistics, Automotive, Government and Energies & Utilities. HCL takes pride
in its philosophy of 'Employee First' which empowers our 50,741
transformers to create a real value for the customers. HCL Technologies,
along with its subsidiaries, had consolidated revenues of US$ 1.9 billion
(Rs. 7,639crore), as on 30th June 2008. For more information, please visit
www.hcltech.com
About HCL Enterprise
HCL Enterprise is a $5 billion leading Global Technology and IT Enterprise
that comprises two companies listed in India -- HCL Technologies & HCL
Infosystems. The 3-decade-old enterprise, founded in 1976, is one of
India's original IT garage start-ups. Its range of offerings spans Product
Engineering, Custom & Package Applications, BPO, IT Infrastructure
Services, IT Hardware, Systems Integration, and distribution of ICT
products. The HCL team comprises over 56,000 professionals of diverse
nationalities, who operate from 19 countries including 360 points of
presence in India. HCL has global partnerships with several leading Fortune
1000 firms, including leading IT and Technology firms. For more
information, please visit www.hcl.in
Forward-looking Statements
Certain statements in this release are forward-looking statements, which
involve a number of risks, uncertainties, assumptions and other factors
that could cause actual results to differ materially from those in such
forward-looking statements. All statements, other than statements of
historical fact are statements that could be deemed forward looking
statements, including but not limited to the statements containing the
words 'planned,' 'expects,' 'believes,' 'strategy,' 'opportunity,'
'anticipates,' 'hopes' or other similar words. The risks and uncertainties
relating to these statements include, but are not limited to, risks and
uncertainties regarding impact of pending regulatory proceedings,
fluctuations in earnings, our ability to manage growth, intense competition
in IT services, Business Process Outsourcing and consulting services
including those factors which may affect our cost advantage, wage increases
in India, customer acceptances of our services, products and fee
structures, our ability to attract and retain highly skilled professionals,
our ability to integrate acquired assets in a cost effective and timely
manner, time and cost overruns on fixed-price, fixed-time frame contracts,
client concentration, restrictions on immigration, our ability to manage
our international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability to
successfully complete and integrate potential acquisitions, the success of
our brand development efforts, liability for damages on our service
contracts, the success of the companies / entities in which we have made
strategic investments, withdrawal of governmental fiscal incentives,
political instability, legal restrictions on raising capital or acquiring
companies outside India, and unauthorized use of our intellectual property,
other risks, uncertainties and general economic conditions affecting our
industry. There can be no assurance that the forward looking statements
made herein will prove to be accurate, and issuance of such forward looking
statements should not be regarded as a representation by the Company, or
any other person, that the objective and plans of the Company will be
achieved. All forward looking statements made herein are based on
information presently available to the management of the Company and the
Company does not undertake to update any forward-looking statement that may
be made from time to time by or on behalf of the Company.
Other product or service names mentioned herein are the trademarks of their
respective owners.
About Carbonfund.org
Carbonfund.org is one of the country's leading carbon reduction and offset
organizations, making it easy and affordable for individuals, businesses
and organizations to reduce their climate impact. Carbon offsets enable
individuals and businesses to reduce carbon dioxide emissions they are
responsible for in their everyday lives by supporting renewable energy,
energy efficiency and reforestation projects where they are most cost
effective. Carbonfund.org works with over 700 corporate and nonprofit
partners including Discovery, Volkswagen, Amtrak, Dell, Orbitz, Staples,
and JetBlue.
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