Concentrix Halves Carbon Emissions Target by 2030, Details Progress in 2025 Sustainability Report

Concentrix Corporation (NASDAQ:CNXC) is one of the cheap IT stocks hedge funds are buying. On June 30, Concentrix released its 2025 Sustainability Report, titled “The Power of One.” The report highlights the company’s progress towards its 2030 ESG (Environmental, Social, and Governance) goals across 5 strategic priorities: climate action, culture, innovation, community impact, and ethical business.

Concentrix views sustainability as a roadmap for creating tangible business value. In particular, Concentrix cut carbon emissions by 27% compared to its 2019 baseline, showing progress towards its 2030 goal of a 50% reduction.

Concentrix Halves Carbon Emissions Target by 2030, Details Progress in 2025 Sustainability Report

A digital dashboard detailing customer experience/user experience data.

Energy efficiency measures have reduced global energy consumption from 421 million kWh in 2019 to 379 million kWh in 2024, contributing to lower operating expenses and a more cost-efficient footprint. Concentrix also scaled its internal Carbon Challenge platform and engaged 12,000+ employees in reducing their carbon footprint and promoting personal and collective accountability in sustainability.

Concentrix Corporation (NASDAQ:CNXC) designs, builds, and runs integrated customer experience/CX solutions worldwide.

While we acknowledge the potential of CNXC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CNXC and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.