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EPAM Systems India Wins Golden Peacock Award for CSR Programs

Press Release

EPAM Systems India Wins Golden Peacock Award for CSR Programs

Making a positive impact in the areas of education, environment, social innovation and community

NEWTOWN, PA., USA, February 9, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced EPAM Systems India Private Limited (EPAM India) received the 2022 Golden Peacock Award for Corporate Social Responsibility [IT Sector] in the areas of education, environment, social innovation and community. 

In 2022, thousands of children, students and startups benefited from EPAM India’s corporate social responsibility initiatives, including:

  • EPAM eKIDS Program: More than 12,000 students (48% girls) from under-represented communities, received access to high-quality computing education across India.
  • Global Wild Wisdom Challenge: More than 25,000 children from nearly 400 schools helped accelerate tiger recovery efforts and raise awareness of the ecosystems in which they thrive, as part of an initiative in partnership with World Wildlife Fund India.
  • #GreenTech Revolution: Under EPAM’s Social Impact Innovation Program, startups from the clean tech, environmental tech and waste management sectors were provided equity-free grant funds, incubation for up to six months at Atal Incubation Centre – IIIT Hyderabad, and mentorship from EPAM experts for their innovation and entrepreneurship to sustainably solve pressing social challenges.

“EPAM not only relentlessly pursues the best technology solutions for our customers, but also integrates acting for good into everything we do,” said Shamilka Samarasinha, Global Head of Corporate Social Responsibility at EPAM. “Our community involvement programs are aligned with the United Nations Sustainable Development Goals to achieve a better, more equitable future for all. EPAMers worldwide engage with their local communities through education and innovative programs, giving back by volunteering their time, talents and experiences to make a positive impact. I would like to thank the jury, our partners and all EPAMers who participated and continue to make these initiatives a tremendous success.”

The Golden Peacock Awards, a benchmark of corporate excellence worldwide, honors the achievements of top-performing organizations that improve the quality of life for their workforce and communities. The award selection jury included the Chairmanship of Hon’ble Justice M. N. Venkatachaliah, former Chief Justice of India, former Chairman of the National Human Rights Commission of India and National Commission for Constitution of India Reforms.

Learn more about EPAM’s approach to corporate responsibility at: www.epam.com/about/esg  

ABOUT EPAM SYSTEMS

Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its advanced software engineering heritage to become the foremost global digital transformation services provider – leading the industry in digital and physical product development and digital platform engineering services. Through its innovative strategy; integrated advisory, consulting, and design capabilities; and unique 'Engineering DNA,' EPAM's globally deployed hybrid teams help make the future real for clients and communities around the world by powering better enterprise, education and health platforms that connect people, optimize experiences, and improve people's lives. In 2021, EPAM was added to the S&P 500 and included among the list of Forbes Global 2000 companies.  

Selected by Newsweek as a 2021 and 2022 Most Loved Workplace, EPAM's global multi-disciplinary teams serve customers in more than 50 countries across six continents. As a recognized leader, EPAM is listed among the top 15 companies in Information Technology Services on the Fortune 1000 and ranked four times as the top IT services company on Fortune's 100 Fastest Growing Companies list. EPAM is also listed among Ad Age's top 25 World's Largest Agency Companies for three consecutive years, and Consulting Magazine named EPAM Continuum a top 20 Fastest Growing Firm.

Learn more at www.epam.com and follow EPAM on Twitter and LinkedIn.

Forward-Looking Statements

This press release includes estimates and statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our business and operations. These statements may include words such as "may," "will," "should," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. Those future events and trends may relate to, among other things, developments relating to the invasion of Ukraine, political and civil unrest or military action in the geographies where we conduct business and operate, developments relating to the on-going COVID-19 pandemic, and the effect that they may have on our revenues, operations, access to capital, profitability and customer demand. Other factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the risk factors discussed in the Company’s most recent Annual Report on Form 10-K and the factors discussed in the Company’s Quarterly Report on Form 10-Q, filed on or after the date of this press release,  particularly under the headings "Management’s Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" and other filings with the Securities and Exchange Commission. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made based on information currently available to us. EPAM undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.

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