2025 Universal RegisLraLion Document
Table of contents
1
5
AFR |
AFR |
AFR |
AFR |
AFR |
Presentation of the Group and its activities 5 Financial information 333
1.1 Capgemini Group fundamental | 6 | 5.1 | Analysis of Capgemini group consolidated results | 334 | |
1.2 Unique assets in a constantly changing market | 14 | 5.2 | Consolidated accounts | 340 | |
1.3 A strategy to support long-term growth | 19 | 5.3 | Comments on the Capgemini SE financial statements | 401 | |
1.4 An agile business | 27 | 5.4 | 2025 Capgemini SE financial statements | 404 | |
1.5 Solid performance in 2025 | 32 | 5.5 | Other Financial and accounting information | 435 |
2
6
AFR |
AFR |
AFR |
AFR |
AFR |
Corporate Governance 37 Capgemini and its shareholders 437
AFR |
AFR |
AFR |
3
2.1 Company management and administration | 39 | 6.1 | Capgemini share capital | 438 | |
2.2 Organization and activities of the Board of Directors | 76 | 6.2 | Capgemini and the stock market | 444 | |
2.3 Compensation of corporate officers | 90 | 6.3 | Current share ownership and voting rights | 447 | |
6.4 | Share buyback program | 449 | |||
6.5 | Shareholder dialog | 451 |
AFR | 3.1 | Risk management and internal control systems | 114 |
3.2 | Risk factors | 122 | |
AFR | 3.3 | Group Tax Policy | 143 |
AFR | 3.4 | Insurance | 143 |
Risks and Internal Control 113
4
Sustainability 145
A - 2025 Sustainability Statement 146
Part I - General information 146
Introduction - Sustainability in Capgemini's context 146
Report of the Board of Directors
7
and draft resolutions to be presented at the Combined Shareholders' Meeting of May 20, 2026
Resolutions presented
at the ordinary Shareholders' Meeting
Resolutions presented at the extraordinary Shareholders' Meeting
Supplementary report of the Board of Directors on the issuance of shares under the Capgemini Group "ESOP 2025" employee shareholding plan
and Statutory auditors' report
453
454
470
492
Part II - Environmental information 174
E1 - Climate change 174
E5 - Circular economy and resources 206
Other environmental topics 212
Statutory auditors' special report 498
8
AFR
Additional Information 505
EU taxonomy: environmental objectives eligible and aligned revenues, capital expenditure and operating expenditure
215
8.1 Legal information 506
8.2 | Historical Financial Information for 2023 and 2024 | 510 | ||
8.3 | Persons responsible for the information | 511 | ||
Part III - Social information 219
4.6 Social matters: cross-cutting strategy and policies | 219 | 9 |
(S1, S2 and S3) 4.7 S1 - Own workforce | 224 | |
4.8 S2 - Value chain workers (Sustainability matter n° 8) | 262 | |
4.9 S3 - Communities (Sustainability matter n° 9) | 266 |
Cross-Reference Table 513
Information required by Annex I of Delegated Regulation (EU) 2019/980 of March 14, 2019
Cross-Reference Table
for the Annual Financial Report
514
516
Part IV - Governance information 272
G1 - Business conduct 272
Cross-Reference Table for the Management Report 517
Entity-specific topics: Cybersecurity, Data protection, Ethical use of technology and AI
284
Appendix 294
B - Other information 322
Our Contribution to SDGs 322
Duty of Vigilance - Vigilance plan 327
AFR
The information from the Annual Financial Report is identified in this table of contents by the AFR symbol
Capgemini is an AI-powered global business and technology transformation partner, delivering tangible business value. We imagine the future of organizations and make it real with AI, technology and people. With our strong heritage of nearly 60 years, we are a responsible and diverse group of over 420,000 team members in more than 50 countries. We deliver end-to-end services and solutions with our deep industry expertise and strong partner ecosystem, leveraging our capabilities across strategy, technology, design, engineering and business operations. The Group reported 2025 global revenues of €22.5 billion.
Make it real | https://www.capgemini.com
The French version of this Universal Registration Document (Document d'Enregistrement Universel) was filled with the Autorité des marchés financiers (AMF - the French Financial Market Authority) on March 23, 2026, as the competent authority under Regulation (EU) 2017-1129, without prior approval in accordance with Article 9 of this Regulation. The Universal Registration Document may be used when securities are offered to the public or admitted
to trading on a regulated market, if supplemented by securities note and, where applicable, a summary and all amendments made to the Universal Registration Document. The resulting documents are approved by the AMF in accordance with Regulation (EU) 2017-1129.
A global leader
and strategic partner for companies
More than
423,000
people
Over
50
countries
More than
160
nationalities
Americas
33,000
people
Europe, Middle East and Africa
132,000
people
Asia Pacific
258,000
people
Our people
40.5%
of women in the global headcount*
Around
8%
of the capital is owned by employees*
97.2
Average number of learning hours per employee, including learning in the flow of work*
Client satisfaction level on contracts(1)
4.3/5
Our financial results
Revenues
€22,465m
Operating margin(2)
13.3%
Organic free cash flow(3)
€1,949m
Our businesses Our ratings and commitments
Strategy & Transformation Application & Technology Engineering
Operations
Our seven values
Honesty Boldness Trust Freedom Fun Modesty
Member of the
DJBIC
Europe Index
A
in CDP's "Climate Change 2025" scoring
A net zero business by
2040
35%
of women in leadership positions in 2030
Team spirit
* As an exception, these figures do not account for WNS and other acquisitions completed at the end of 2025, unlike the rest of the data of this double-page section, which includes them.
Score obtained through regular assessment of contractually defined clients' expectations.
Operating margin is one of the Group's key performance indicators. It is defined as the difference between revenues and operating costs, and calculated before "Other operating income and expenses."
Organic free cash flow is equal to cash flow from operations less acquisitions of property, plant, equipment and intangible assets (net of disposals)
and repayments of lease liabilities, adjusted for cash out relating to the net interest cost.
Presentation of the Group and its activities
Capgemini Group fundamental 6
Group history 6
Seven values at the heart of our ethical culture 8
Our Businesses 8
An agile and innovative portfolio of offerings 9
Sector expertise 10
Recognized Achievements 11
Unique assets in a constantly changing market 14
A dynamic global services market 14
Market trends 14
A demanding competitive environment 16
Partners and ecosystem of partners 16
A strategy to support long-term growth 19
Value creation drivers 19
An adapted investment policy 26
Financing policy and financial rating 26
An agile business 27
The main subsidiaries and a simplified Group organizational chart 27
A client-focused organization 29
Innovation at the heart of Capgemini's organization 30
Solid performance in 2025 32
Recognized Publications 32
Client Wins in 2025 35
Financial highlights 36
-
Capgemini Group fundamental
-
Group history
From 1967 to today, the milestones of a world leader
Founded in 1967 by Mr. Serge Kampf in Grenoble, the Group has developed around principles which continue to guide us today: an entrepreneurial spirit, followed by a passion for clients, an obsession with getting the best from people, extremely high-performance expectations, and a commitment to being ethically irreproachable at all times.
Now, led by Mr. Aiman Ezzat and chaired by Mr. Paul Hermelin, Capgemini has more than 420,000 employees and it operates in more than 50 countries. As in 1967, Capgemini still has the same passion: helping businesses to be more efficient, innovative, and agile through technology.
1967-1974 | The rise of an entrepreneurial spirit
1967
Mr. Serge Kampf founds Sogeti, an IT services company, in Grenoble.
1970
The visionary Sogeti is the first IT services company in Europe to offer organizational Consulting Services.
1974
The first acquisitions with the purchase of two competitors: CAP (France) and Gemini Computer Systems (USA).
1975-1989 | Expansion
1975
Sogeti becomes Cap Gemini Sogeti, the European leader in IT services, with 2,000 employees.
1976
SESA, the French IT services company specializing in system integration (which will join the Group in 1987), develops TRANSPAC, the first public European data transmission network.
1978
Cap Gemini Sogeti launches on the US market and creates Cap Gemini Inc. in Washington.
1985
Cap Gemini Sogeti is listed on the Paris Stock Market: the share price surges +25% in just five days.
1987
Acquisition of SESA, the French IT services company. Cap Gemini Sogeti had already held a 42% stake in the Company since 1982.
1990-1997 | Pursuing leadership
1990
Cap Gemini Sogeti acquires the UK company Hoskyns, the European leader in managed services.
1992
Just two years later, Cap Gemini Sogeti becomes the European leader in its sector following successive acquisitions of the Dutch company Volmac - recognized at the time as the most profitable IT services company in Europe - and Programmator, one of the largest IT services companies in Sweden.
1996
Name change to Cap Gemini - removing the Company's original name (Sogeti).
1998-2001 | Emergence of a global champion
1998
Multinational contract signed with General Motors to develop new client/server systems in 42 countries.
2000
Cap Gemini acquires the consulting arm of Ernst & Young, with integration proving more difficult than expected. The Group opens its first offshore delivery center in Mumbai, India. Cap Gemini now has over 50,000 employees.
2002-2009 | New horizons
2002
Mr. Paul Hermelin, who had worked alongside Mr. Serge Kampf since 1993, becomes Group CEO. The Sogeti name returns with the creation of a subsidiary specializing in local IT services.
2003
The Group signs one of the largest outsourcing contracts in its history with the UK's Inland Revenue.
2007
The Group closes another key acquisition with Kanbay International. This US IT services company specializing in Financial Services has a significant presence in India (7,000 employees). The Group now has 12,000 employees in India. In 2007, Capgemini also marks its commitment to rugby by becoming the official sponsor of the World Cup in France.
Since 2010 | An industry leader
2010 Capgemini, now operating in 30 countries, launches in South America with the acquisition of CPM Braxis, the Brazilian IT services company. The Group now has over 100,000 employees worldwide.
2012 45 years after creating the Group, Mr. Serge Kampf stands down as Capgemini Chairman and passes the torch to Mr. Paul Hermelin, who becomes the Group's Chairman and Chief Executive Officer.
2015 Capgemini acquires the US company IGATE and significantly reinforces its presence in the US and India.
2016 Mr. Serge Kampf passes away at the age of 81 in Grenoble, where he had created Capgemini 49 years previously.
2017 Capgemini launches its new brand identity on its 50-year anniversary. The Group reinforces the flagship Digital and Cloud businesses with the targeted acquisitions of Itelios, TCube Solutions, Idean and Lyons Consulting Group.
2018 Capgemini creates Capgemini Invent, a new line of global services dedicated to digital innovation, consulting and transformation.
The Group becomes the Global Innovation Partner of the men's and women's HSBC World Rugby Sevens Series.
2019 Capgemini acquires Leidos Cyber and strengthens its cybersecurity services and solutions. Capgemini signs a contract worth over €1bn with the Bayer AG Group, to transform its IT landscape and accelerate the digital transformation of its organization.
2020 Mr. Aiman Ezzat succeeds Mr. Paul Hermelin as the Chief Executive Officer of Capgemini. Mr. Paul Hermelin retains the Chairmanship of the Board of Directors. Capgemini unveils its purpose: "Unleashing human energy through technology for an inclusive and sustainable future".
2021 A record year during which Capgemini makes great strides towards its 2025 ambitions. The Group completes the acquisition of Altran bringing together its engineering and R&D expertise. The year marked a milestone for the Group in sustainability, with the unveiling of an ambitious new ESG policy covering climate change, investing in human capital and responsible governance. The Group extends its global footprint with four acquisitions in the APAC region.
2022 The Group reinforces its positioning as a leading business and technology transformation partner creating tangible business value for its clients, helping them to meet their most pressing challenges - including how to become more sustainable companies. It is one of the first companies to have its net zero targets validated by the SBTi (Science Based Target Initiative). The Group boosts its key expertise in consulting, design, and financial services with a number of strategic acquisitions, while expanding its geographic reach in North America and APAC.
2023 2023 was another year of growth for the Group with improving profitability and a strong cash flow conversion, despite a slowdown in our industry. Capgemini made a strong commitment to AI, with a €2 billion investment to strengthen its leadership and its ecosystem of partners including Microsoft and Google, and launched a Generative AI Lab. The Group also expanded through targeted acquisitions, that included BTC Corporation in Japan, Exiger's Financial Crime Compliance (FCC) division in New York, and HDL Design House to strengthen its semiconductor engineering capabilities.
2024 Last Year, Capgemini continued to strengthen its ecosystem of partnerships. The Group notably collaborated with Schneider Electric to offer its "Energy Command Center" solution to clients. Capgemini also signed new Gen AI partnerships with pure players such as Mistral AI and C3 AI, and expanded its long-standing strategic partnerships with AWS, SAP as well as with both Microsoft and Mistral AI for the Intelligent App Factory on Azure. In addition, the Group has further enhanced its digital transformation capabilities with four strategic acquisitions, reinforcing its footprint in the Americas as well as its services in Intelligent industry: Unity's Digital Twin Professional Services arm, D+I (a leading product design and development consultancy based in Australia), Lösch & Partner (a Munich-based expert in application lifecycle management and systems engineering for automotive manufacturers) and Syniti (a leader in enterprise data management software and services).
2025 This year, Capgemini further reinforced its strategic positioning by accelerating growth through targeted acquisitions and high-impact partnerships. The Group completed several notable acquisitions, including WNS - positioning Capgemini as a leader in intelligent operations powered by Agentic AI thanks to its global reach, strategy and transformation capabilities, technology and AI leadership, combined with WNS's deep industry expertise and platforms. Capgemini also acquired Cloud4C, leveraging its market-leading hyper automation and AI-ready platforms to enhance the Group's cloud managed services offerings and accelerate its SAP leadership, and finally SEIMAF, to expand its engineering expertise and technical capabilities in the nuclear industry.
In parallel, Capgemini continued to drive innovation and responsible growth. The Group launched its Resonance AI framework, providing clients with a structured, scalable approach to deploy AI at enterprise level, while also renewing and strengthening its ESG policy, reaffirming its long-term commitment to sustainable growth, responsible business practices and corporate accountability.
-
Seven values at the heart of our ethical culture
Since the creation of the Group by Serge Kampf in 1967, seven core values inspire our team members and guide our decision-making and actions. They shape the ethical business practices and culture of which we are proud.
Honesty signifies loyalty, integrity, uprightness, a complete refusal to use any underhanded method to help win business or gain any kind of advantage. Neither growth nor profit nor independence have any real worth unless they are won through complete honesty and probity. And everyone in the Group knows that any lack of openness and integrity in our business dealings is strictly unacceptable.
Boldness implies a flair for entrepreneurship and a desire to take considered risks and show commitment (naturally linked to a firm determination to uphold one's commitments). This is the very soul of competitiveness: firmness in making decisions and their implementation, an acceptance periodically to challenge one's orientations and the status quo. Boldness also needs to be combined with a certain level of prudence and a particular clear-sightedness.
Trust, meaning the willingness to empower both individuals and teams; to have decisions made as close as possible to the point where they will be put into practice. Trust also means giving priority, within the Group, to real openness toward other people and the widest possible sharing of ideas and information.
Freedom means independence in thought, judgment and deeds, and entrepreneurial spirit, creativity. It also means tolerance, respect for others, for different cultures and customs: an essential quality in a multicultural worldwide group.
Fun signifies feeling good about being part of the Group or one's team, feeling proud of what one does, feeling a sense of accomplishment in the search for better quality and greater efficiency, feeling part of a challenging project.
Modesty, that is simplicity, is about being discreet, showing common sense, being attentive to others and taking the trouble to be understood by them.
Team spirit, meaning solidarity, friendship, fidelity, generosity, fairness in sharing the benefits of collective work; accepting responsibilities and having an instinctive willingness to support common efforts.
With our values guiding our decisions and actions, our Group seeks to build trusting, sustainable business relations with all stakeholders, extending the benefits of our ethical culture to the ecosystems in which we operate.
For us, technology promises progress. We are committed to being a reference in terms of contribution to society, for our own activities and for those of our clients, by promoting sustainability, diversity, equal opportunities, and digital inclusion. Our values inspire both our belief that digital transformation must benefit all humanity, and the ethical behaviors that help us achieve our purpose: "Unleashing human energy through technology for an inclusive and sustainable future".
-
Our Businesses
Strategy & Transformation
Capgemini Invent is the Group's digital innovation, design, and transformation brand that helps decision makers design and build the future of their organizations. Capgemini's expertise builds on the know-how of our brands frog and Cambridge Consultants, both part of Capgemini Invent. Frog partners with global brands and ventures to drive customer-centric transformations at scale through innovative and human-centric design work. Cambridge Consultants is the deep tech powerhouse of the Capgemini Group.
Applications & Technology
Capgemini helps clients to develop, modernize, extend, and secure their IT and digital environment, using the latest technologies. Our teams design and develop technological solutions and help our clients to optimize and maintain their applications for agile operations. Through its subsidiary Sogeti, part of Capgemini, the Group develops, tests, and safeguards innovative applications for businesses, relying on its expertise in four areas: consulting, testing, agile and cloud development, and cybersecurity.
Engineering
Capgemini Engineering helps innovative organizations around the world unleash their R&D potential and engineer the products and services of tomorrow thanks to the latest digital and software technologies.
Operations
This business line comprises the Group's Business Services (where WNS is being integrated), including Business Process Outsourcing and transactional services, as well as installation and maintenance services for our clients' IT infrastructures, whether in data centers or in the cloud. Through Business Process Outsourcing, these services offer our clients greater efficiency, and operational and technological excellence.
-
An agile and innovative portfolio of offerings
To help our clients address their challenges, Capgemini constantly adapts and transforms its offerings portfolio.
The sustained pace of change in client needs and technology has encouraged Capgemini to implement an agile and innovative management of its offering portfolio to continually anticipate market developments. We therefore accelerated our development around three playing fields dedicated to the digital transformation of companies: Customer first, Intelligent Industry and Enterprise Management. To achieve this goal, we rely on three pillars essential to all forms of digital transformation - Intelligent Operations, Data & AI and Cloud - and place the main issues of Cybersecurity and Sustainable development at the center of this transformation.
All our offers are founded on the various services proposed by the Group: strategy, transformation to new business and commercial models, solutions, Engineering Services, integration services, maintenance services and business-process management services for clients.
Three playing fields
Customer First
Customer First focuses on transforming the experience that our clients deliver to their customers, including the value of their products and services, and the quality of each customer interaction.
Intelligent Industry
Intelligent Industry addresses the digital transformation of the value chain, from the design and development of intelligent products and services to intelligent supply chain, extending to the smart manufacturing of products and intelligent service operations.
Enterprise Management
Enterprise Management focuses on transforming the processes, teams, solutions and operations in order to run enterprises with greater agility and operational efficiency and therefore offer a seamless, personalized experience to employees.
Three pillars
Cloud
Our cloud offerings fuel innovation for all business functions, through the transformation of IT and security systems. We design and develop cloud native applications and business APIs tailored to industry specificities, leveraging agile methodologies and DevSecOps chains powered by AI. In software engineering, we partner with our clients in a new Software House approach, aligning around shared transformation KPIs to achieve impactful results. We also offer product-driven infrastructures and security
systems. We support the cloud migration of applications and data, the optimization of processes and the hyper-automation of operations using AI, equipping our clients with the tools to harness the latest cloud technologies and launching intelligent, innovative and value-creating products and services.
Data & Artificial Intelligence (AI)
Central to our offerings, Data & AI - including Machine Learning, Generative AI, and Agentic AI - lie at the core of the strategies and roadmaps we craft for our customers, empowering them to deliver outstanding customer experiences, as well as intelligent, sustainable products, manufacturing processes, and supply chain solutions. Our Data & AI teams design, deploy and administer data management solutions, data platforms and AI solutions customized with proprietary company data at scale. They integrate confidentiality, security and safeguards to create new revenue streams and generate measurable operational efficiencies. We are committed to using data and AI to help build positive, inclusive and sustainable futures for the benefit of the planet, people and society.
Intelligent Operations
Our Intelligent Operations offerings integrate data-driven insights, sector-specific expertise, and change management to deliver agility, speed, and superior value for clients. This approach moves beyond traditional cost arbitrage to a consulting-led, tech-driven model, blending human capabilities with AI agents for seamless orchestration across processes.
We build and run agentic operations powered by advanced AI agents, digital platforms, and enterprise data foundations, ensuring security, privacy, and compliance. By shifting to transaction-based and outcome-based engagements, we help clients achieve better, faster, and cheaper results, aligned with strategic business goals.
Two enablers
Cybersecurity
Cybersecurity is at the heart of all our offerings. We help IT and security teams enhance corporate security by identifying and assessing risks and vulnerabilities, developing risk mitigation plans, and implementing processes, security architectures, and resources for cyberattack detection and response. We deploy protection solutions - including data center and cloud security, application and endpoint protection, identity and Access Management, and data security - to prevent cyberattacks, safeguard against data breaches, and mitigate threats. By actively detecting and responding to cyberattacks, our Security Operation Centers (SOCs), equipped with automation and AI technologies, minimize their impact and ensure operational continuity.
Sustainability
All our offerings incorporate sustainability at the core. We work with our clients' management teams to tackle the climate emergency and accelerate their journey toward carbon neutrality. Together with their operations managers, our mission is to decarbonize value chains, from production to distribution. We
support them to address critical challenges: eco-design, monitoring of scope 3 emissions, regulatory compliance and waste reuse in a circular economy framework. Sustainable development and respect for the planet lie at the core of our client's concerns and decisions.
-
Sector expertise
The Group cultivates expertise across seven major sectors. Over the years, Capgemini has strengthened its expertise and organization to better meet the needs of its clients while offering solutions on the cutting edge of innovation.
Consumer Goods, Retail and Distribution
Consumers are commanding the spotlight; they want to engage with brands in increasingly personalized, intelligent, and digital ways. Consumer Products and Retail industry will shift from generative experimentation to agentic execution, making possible diverse Intelligent Operations use cases across value chain, from hyper-personalization for consumers to predictive resilience for global supply chains. Capgemini guides clients through this rapidly changing business, technology and environmental context, working with consumer products companies, retailers and distributors to create a transformative digital vision and roadmap for their business.
Energy & Utilities
Energy and utilities companies are facing an unprecedented level of change as these industries embark upon the energy transition. Market uncertainty, driven by geopolitics and the shift from product push to demand pull markets in select geographies, is creating increasing need for sovereign strategies while intensifying the focus on operational efficiency and capital productivity.
The convergence of IT and OT is heightening cybersecurity risks but also enabling new efficiencies. Generative and agentic AI are expected to accelerate process automation and decision making, unlocking further value across the energy and utilities value chain through Intelligent Operations. Our industry-wide perspective is built to guide energy and utilities companies as they master these market shifts and technology-triggered trends.
Financial Services (Banking, Capital Markets & Insurance)
Capgemini steers the digital and operational transformation of leading financial institutions. These Institutions are rapidly evolving their AI strategies, moving beyond traditional GenAI tools toward autonomous AI agents capable of executing complex tasks across for example customer service, fraud detection, and risk management. The limitations of legacy technologies and the growing demand for scalable, intelligent automation drive this Intelligent Operations shift.
Focusing on open enterprises, data compliance, deep customer experience, and automation, Capgemini helps create scalable and flexible systems for our clients. We leverage the full breadth of Capgemini's expertise to execute end-to-end transformation and invent, build and run the intelligent technologies specific to this sector's challenges. Using AI in particular, our solutions also help clients manage risks, ensure compliance with prevailing regulations and capitalize on the full potential of FinTechs.
Manufacturing
With profitable growth at the top of the agenda, manufacturing companies (e.g. automotive, aerospace and defense) are accelerating innovation, strengthening customer proximity, and driving a step change in operational efficiency. In today's evolving geopolitical landscape, rapid and agile production ramp-up and the securitization of supply chains have become mission-critical across the industry, while defense manufacturers are experiencing surging demand for their solutions. Clients now expect end-to-end capabilities for a holistic transformation journey and the ability to make operations truly intelligent by harnessing the power of software, data and Artificial Intelligence. Capgemini's deep industry expertise, combined with diverse, highly skilled teams, enables us to deliver proven, industry-specific end-to-end solutions that activate business growth platforms, while ensuring resilience, innovation and sustainability.
Life sciences is one of Capgemini's fastest-growing sectors. We work with leading brands in pharmaceuticals, medical devices, and consumer healthcare companies across the world to help clients transform their business, more effectively expand production capacity, create more enriching experiences for their customers and patients and help bring novel therapies and medical devices to market faster. By aligning the expertise of its life science specialists, data scientists, and data engineers, Capgemini brings the power of data and artificial intelligence at scale to our life sciences clients. In this, we are bringing AgenticAI and GenAI to bear not only to optimize and rethink core business processes along the value chain through Intelligent Operations but also to accelerate the discovery and development of completely new therapies to drive productivity and create new value.
Public Sector
Public sector organizations are tackling the great challenges of our time such as social and economic impacts of geostrategic disruptions, climate change, and the increasing instability of our welfare systems. Digitalization is a key enabler to address these societal challenges, helping governments and institutions deliver better outcomes with more constrained budgets and fewer scarce experts. Generative and agentic artificial intelligence will increasingly empower the public sector to modernize legacy IT systems, meet rising demands for efficiency, plus deliver more informed, outcome-driven government decisions and processes.
Capgemini has extensive experience working with public sector organizations at all levels to drive impact through digital transformation and citizen-led innovation. The Group helps clients balance their need for resilience and sovereignty in the digital realm with innovation and provides proven solutions for modern and efficient digital government services in its main fields of expertise, such as tax and customs, public security & safety, public administration, welfare, defense, and health & social care. It supports organizations in their journey to a multi-cloud infrastructure and fosters transparent, data-driven solutions that boost the adoption of Artificial Intelligence and meet sustainability objectives.
Telecommunications, Media & Technology
Capgemini is bringing innovation, creativity, and the domain expertise of our people to solve our telecom clients' most pressing challenges. We provide end-to-end service across strategy, implementation and operations - all united by our market-leading technology, engineering, and Artificial Intelligence capabilities.
The rapidly changing demands of a new generation of end-consumers are driving unprecedented disruption as companies strive to deliver immersive experiences while adapting to innovative and emerging technology platforms. Artificial intelligence is becoming central to telecoms, transforming networks, customer experiences, and operations, and enabling new revenue opportunities. From the growing importance of 5G, fibre and satellite in telecoms, to evolving content consumption and distribution models in media and entertainment and the accelerating pace of technological change for all players, Capgemini partners with clients to address these fast-moving challenges and deliver measurable business outcomes.
Services
The services industry is changing at an exponential pace as landmark shifts in technology are enabling more personalized and efficient customer interactions. From the hospitality industry to travel and transport, engineering and construction, and professional services in general, Capgemini builds a global approach with clients to accompany the digital transformation of their model and propose services that better reflect the expectations of their end-customers.
-
Recognized Achievements
Capgemini received numerous awards in 2025 from technology partners as well as recognitions from analysts and independent bodies.
Partner Awards
Capgemini's leadership in generative AI and sustainability recognized with two Google Cloud Partner of the Year awards
Capgemini won two Google Cloud Partner of the Year awards including the Google Cloud Global Industry Solutions Partner of the Year award and the Google Cloud Sustainability Industry Solutions Partner of the Year Award. These awards by Google Cloud have demonstrated Capgemini's ability to leverage Google Cloud's capabilities to deliver innovative solutions that address specific industry challenges and enhance customer experiences.
Read more here:
https://www.capgemini.com/insights/expert-perspectives/ capgeminis-winning-hand-receiving-three-partner-of-the-year-awards-at-google-cloud-next/
Capgemini wins SAP awards
Capgemini's expertise in AI innovation and SAP solutions was recognized with two SAP awards: the 2025 SAP Pinnacle Award for Business Innovation in the Customer AI use case category and winner in the Transformation Titan category of the SAP Innovation Awards 2025. In addition to these two awards, Capgemini was honored with the Partner Innovation Award 2025 at the SAP & SAP Fioneer for Financial Services Forum 2025, and a 2025 Tricentis Global Partner Award as Global SAP Innovation Partner. Together, these awards underscore our strong posture as a global SAP partner that demonstrates exceptional performance and innovation capabilities.
Read more here:
https://www.capgemini.com/news/press-releases/capgemini-mistral-ai-and-sap-combine-forces-to-offer-secure-scalable-gen-ai-powered-solutions-for-regulated-industries/
https://www.sap.com/documents/2025/03/d6556318-fc7e-0010-bca6-c68f7e60039b.html
Capgemini wins 2025 Salesforce Partner Innovation Award
Capgemini's strong AI customer service expertise has been recognized with a 2025 Salesforce Partner Innovation Award, highlighting the strength of our partnership with Salesforce and the bold outcomes we've delivered together. This award reflects our shared belief that customer experience should be intuitive, intelligent, and inclusive.
Read more here:
https://www.capgemini.com/insights/expert-perspectives/ recognized-for-innovation-capgeminis-trailblazing-work-with-engie-and-salesforce/
Capgemini wins four local Microsoft Partner of the Year Awards
Capgemini's market leadership in AI innovation was recognized with a total of four local Microsoft Partner of the Year Awards, including France Copilot - Innovation Partner of the Year, GitHub EMEA Services and Channel Partner of the Year, UK Services Partner of the Year, and Spain Partner of the Year in the Best Copilots & Agents Partner category. This recognition speaks to the strength of our partnership with Microsoft, and highlights our ability to serve Microsoft-enabled enterprises across the Americas, Europe, and Asia Pacific.
Additionally, Capgemini won two Pega awards, including the 2025 EMEA Pega Delivery Excellence Award and the Industry Excellence Award in insurance. Capgemini also won Adobe's 2025 Digital Experience Partner of the Year Award in the ANZ region, and, the following Databricks partner awards: 2025 Databricks Manufacturing Partner of the Year, Databricks EMEA Industry Leader of the Year, and the Databricks EMEA Partner Champion Award 2025.
Market Analyst Recognition
Capgemini positioned a Leader in the Forrester Wave™: SAP Services in Europe, Q2 2025
Capgemini was called out as a "customer favorite" and recognized for its strong global partnership ecosystem. The report highlights our core implementation and hyperscaler services as well as our ability to excel through our solution accelerators and prebuilt IP. Finally, acquisitions made this year, support Capgemini's vision for data-driven digital core business transformation services.
Find the press release here: https://www.capgemini.com/news/analyst-recognition/capgemini-named-a-leader-and-customer-favorite-in-the-forrester-wave-sap-services-in-europe-q2-2025/
Capgemini is a Leader in Everest's Net-Zero Consulting Services PEAK Matrix® Assessment 2025
Everest recognizes Capgemini as a leader in net-zero consulting in large parts thanks to Capgemini's consulting-led portfolio, proprietary frameworks, strategic acquisitions, collaborative impact and internal sustainability campus. This is the second year running that Capgemini has been recognized a Leader.
Find the press release here: https://www.capgemini.com/news/analyst-recognition/capgemini-recognized-as-a-leader-in-everest-groups-net-zero-consulting-services-peak-matrix-assessment-2025/
Capgemini is a Leader in IDC's MarketScape Worldwide IT and Engineering Services for Software-Defined Vehicles Vendor Assessment 2025
IDC calls out Capgemini's strong engineering and R&D services capabilities, and the fact that it has a dedicated Software Defined Vehicles (SDV) practice, to deliver integrated services across the full SDV lifecycle from next generation vehicle architecture to software development, verification and validation, and product sustenance, as key strengths. Finally, Capgemini's global delivery network and innovation-driven teams exceed its customers' expectations, fostering strong customer loyalty and lifetime value.
Find the press release here:
Capgemini is recognized as a Leader in the IDC MarketScape: Worldwide IT and Engineering Services for Software Defined Vehicles 2025 report - Capgemini
Capgemini recognized as a "Leader" in The Forrester Wave™: Connected Product Engineering Services, Q4 2025 report
The report calls out Capgemini's brand recognition among senior executives and its well-established expertise in physical product design and prototyping. Capgemini is consistently recognized for its ability to manage connected product initiatives across the entire lifecycle - from concept and delivery to ongoing operations. Capgemini clients particularly value the firm's strategic vision and leadership in driving innovation, helping them unlock new value streams, optimize operations, and accelerate growth in fast-changing markets.
Find the press release here: https://www.capgemini.com/news/analyst-recognition/capgemini-named-a-leader-in-the-forrester-wave-connected-product-engineering-services-q4-2025/
Capgemini ranked a Leader in the 2025 Gartner® Magic Quadrant™ for Digital Experience Services 2025
Digital experience services are focused on creating the optimal user experience, to better sell to, market to, inform and manage the target user (customer, partner, citizen or employee). Capgemini is performing well in all aspects of DX services - from DX design and platform implementation, to content creation and marketing. We are gaining traction in agency and technical services, as well as increasing awareness and mind share. We have a clear vision of market evolution and are actively building competencies and assets to sustain our leadership position in this market.
Find the news alert here: https://www.capgemini.com/news/analyst-recognition/capgemini-named-a-leader-in-the-2025-gartner-magic-quadrant-for-digital-experience-services/
Capgemini is a Leader and Star Performer in Everest Group AI and Gen AI Services PEAK Matrix 2025
Capgemini was recognized for its significant investment in agentic AI solutions to enable custom and industry-specific automation, whilst having a strong emphasis on responsible AI through risk management and governed deployment. Its broad partner ecosystem with hyperscalers, niche AI providers and agentic platforms to deliver sector-specific solutions was also called out.
Find the press release here: https://www.capgemini.com/news/analyst-recognition/a-leader-and-a-star-performer-in-everest-groups-ai-and-generative-ai-services-peak-matrix-assessment-2025/
Capgemini positioned as a Leader in the 2025 Gartner®
Magic Quadrant™ for Custom Software Development Services
The Magic Quadrant evaluates providers on their ability to Design, Build, Modernize, and Iterate Custom Applications and Software Products to meet clients' unique Business needs. The report highlights Capgemini's strengths in the integration of Agentic and generative AI into key software development processes via proprietary frameworks and advanced multiagent orchestration, the firm's flexible commercial models, offering a mix of outcome based and hybrid contracts and its industry and regulatory expertise.
Find the press release here:
https://www.capgemini.com/gb-en/news/press-releases/ capgemini-named-a-leader-in-2025-gartner-magic-quadrantfor-custom-software-development-services/
Capgemini was identified as a Leader(1) in ISG's Provider Lens™ evaluation for Finance and Accounting Outsourcing (FAO) Services 2025
This ISG Provider Lens® covers four quadrants for services/ solutions: Invoice to Pay (I2P), Order to Cash (O2C), R2R & Tax Services, and Financial Planning & Analysis (FP&A)
Capgemini was identified as a Leader(2) in ISG's Provider Lens™ evaluation for Cybersecurity - Services and Solutions
Services 2025
This ISG Provider Lens® quadrant report covers eight quadrants for services/solutions: Identity and Access Management (Global), Data Leakage/Loss, Prevention and Data Security, Extended, Detection and Response (Global), Security, Service Edge (Global), Technical Security, Services, Strategic Security Services, Next-Gen SOC/MDR Services and Next-Gen SOC/MDR, Services - Midmarket.
Capgemini was identified as a Leader in ISG's Provider Lens™ evaluation for Power & Utilities 2025
This ISG Provider Lens® covers four quadrants for services/ solutions: Enterprise Asset Management, Process and Customer Experience Management, Smart Metering and Grid Modernization and Technology, Transformation and Consulting.
Other Awards
Capgemini has been recognized for its commitment to inclusion in the workplace
In 2025, Capgemini was recognized by Equileap as a "gold" leader for its commitment and actions on advancing gender equality in the workplace. This recognition is based on Equileap's independent
analysis of public data from 6,000 companies worldwide, across 19 criteria. The Group was also recognized as a Gold Top LGBTQ+ Inclusive Employer in the 2025 Stonewall Global Workplace Equality Index (GWEI). These recognitions reflect its ongoing commitment to gender equality and LGBTQ+ inclusion across its global operations.
Capgemini has maintained a Platinum medal in the EcoVadis sustainability assessment
Capgemini has received the Platinum rating in the EcoVadis assessment. This is the highest rating, and it places Capgemini in the top 1% of companies scored. With over 89,000 companies assessed, EcoVadis is one of the industry reference platforms for the assessment of how an organization has integrated the principles of sustainability/CSR into its business and management system. Capgemini score continues to rise year-on-year and, the score for Environment as reached a 100% showcasing how environmentally friendly Capgemini operations and products are.
Capgemini has been recognized
for its commitment to disability inclusion
Capgemini was recognized for the second year in a row, as one of the "Best Places to Work for Disability Inclusion™" in 2025, with its teams in Brazil, the US, India & UK achieving top scores in the Disability Equality Index, a platform that benchmarks corporate disability inclusion policies and programs globally. This year, its employee network group, CapAbility, has notably been recognized as the Outstanding Ability Network of the Year at the European Diversity Awards 2025.
Capgemini has been recognized as One of the World's Most Ethical Companies® for 13 consecutive years
Capgemini was recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2025 World's Most Ethical Companies. In 2025,
136 honorees were recognized spanning 19 countries and
44 industries. This is Capgemini's 13th recognition in a row highlighting, once again, the Group's strong ethical culture rooted in its core values and reflected in its Code of Business Ethics.
Capgemini recognized for its leadership in addressing climate change
The Group retained its position on the A list in the CDP climate change assessment, recognizing its leadership position in taking action on climate change.
(1) Identified as a Leader in the domains of Procurement Operations and Modernization Services.
(2) Identified as a Leader in the domains of Technical Security Services, Strategic Security Services and Solutions, Next-Gen SOC/MDR Services.
-
Group history
-
Unique assets in a constantly changing market
-
A dynamic global services market
Capgemini is active in the business and technology transformation market, as well as in the engineering, research & development (ER&D) services market. Together, those markets are estimated to be worth $1.8 trillion(1) and are both growing at strong single digit growth rates.
Building on the momentum of a robust post-pandemic rebound in 2021, the IT services market sustained its growth throughout 2022 and 2023, fueled by accelerated digital transformation initiatives across diverse industries. Through the uncertain recent macro environment of 2024 and 2025, the market continued to grow driven by surging demand for AI-enabled solutions.
The below table approximates Capgemini's addressable services market sizes:
Capgemini Market
North America
France
United Kingdom & Ireland
Rest of Europe
Asia Pacific, Latin America, and Rest of World
Size of overall addressable market
> $780B
> $75B
> $130B
> $300B
> $520B
Sample Capgemini
Accenture, Deloitte,
Accenture, Atos,
Accenture, CGI, IBM,
Accenture, Deloitte,
Accenture, NTT Data,
Competitors in Regional Markets
Infosys, TCS, Wipro and Cognizant
CGI, IBM, Sopra Steria and Alten
Infosys and TCS
IBM, Tieto, TCS and Alten
Cognizant, Deloitte, IBM and TCS
Within these markets:
the worldwide consulting market is a cyclical market; Capgemini maintains strong market positions;
Capgemini is a market leader in the application, infrastructure & network implementation market with a particular focus on application implementation;
the system integration and outsourcing markets remain predictable, and activities are based on long term relationships with clients;
through the acquisition of WNS, Capgemini has significantly expanded its position in the Business Process Services market, which continues to grow and is increasingly driven by automation and artificial intelligence;
Capgemini is the market leader in the engineering, research & development (ER&D) services market(2).
-
Market trends
Capgemini addresses a large market beyond the "traditional" Chief Information Officer (CIO) perimeter driven by the growth of digitalization across the enterprise, and the increasing pressure to accelerate the AI journey - with cloud and data being the two pillars enabling this transformation - compelling companies to view their transformation holistically, involving the entire C-Suite in discussions.
The Chief Information Officer (CIO) has become pivotal in steering digital transformation strategies across the organization's IT infrastructure. As the architect of digital strategy, the CIO drives innovation, agility, and growth through technologies like Cloud, Data analytics, and Generative AI. This role extends beyond managing IT infrastructure to reimagining business processes into intelligent operations, and enhancing customer experiences. By aligning technology initiatives with strategic goals in collaboration with the C-suite, the CIO ensures the organization adapts to rapid technological change and remains competitive. Investments are increasingly focused on scalable AI solutions, cybersecurity, and digital platforms that enable smarter decision-making. The modern CIO is not just a tech leader but a strategic driver of enterprise-wide transformation and long-term competitiveness.
The Chief Marketing Officer (CMO) whose spend on technology continues to increase notably due to the growth of digital marketing and generative AI which has become a key enabler for the CMO to deliver the "end-to-end, hyper-personalized, customer experience" to their customers. The IT spend on digital marketing is largely incremental to the traditional IT budget. Technologies are fundamental to the CMO in the customer experience (CX). CMOs are increasingly focusing their budget on technology and data to engage, capture and retain customers.
The Chief Operating Officer (COO), product owners and/or Manufacturing Executives control significant spend across product development, operations, and processes. There is a growing focus on enabling more intelligent, automated, adaptable and faster delivery models, through increased efficiency, intelligent production, and ongoing product customization (to meet changing consumer demands). Here again the IT spend is largely incremental to the traditional IT budget.
(1) Source: Estimates based on Gartner 4Q25: Services Forecast, (USD, Constant currency figures, excluding IaaS), adjusted to reflect ER&D.
(2) Source: Everest Group, Engineering Services - Top 50 Service Providers, 2024.
The Chief Sustainability Officer (CSO), whose role is expanding rapidly across the enterprise, is increasingly connected to business decisions. Strategy, finance, operations, human resources and technology facets need to be included in the discussions to ensure environmental, social and governance (ESG) performance in the long term. Specifically, the CSO starts spending on technology to track environmental impacts in an industrialized way, across the enterprise value chain, to understand their sources and rapidly take actions to reduce them.
The Chief Digital Officer (CDO), responsible for unlocking enterprise value from data and digital capabilities, and the Chief AI Officer (CAIO), accountable for the strategic adoption, governance, and scaling of artificial intelligence - together ensuring value creation within regulatory, ethical, and legal constraints.
As products and manufactures are connected and intelligent, enterprises must become real-time data-driven to design and develop intelligent supply chains that improve operational efficiency and customer experience.
Customer First
Customer First focuses on the relationships between our clients and their customers and how they can better meet consumer expectations in a continually evolving world.
What are enterprises looking for today?
Providing compelling, rich and hyper-personalized customer experiences - helping our clients engage and interact with their customers to increase revenue, customer satisfaction and loyalty by deploying the technological environment allowing the next-generation of customer experiences.
Continuous business re-invention - businesses must continuously re-invent and adapt their value proposition to stay relevant on the market with new services, products, ecosystems, and business models to meet rapidly evolving customer expectations. New approaches enable customers to receive personalization and flexibility in their experience.
Purpose and sustainability - our clients and their customers demand greater responsibility in the development and delivery of sustainable products and services. We play a key role in delivering this ambition across the supply chain, especially by capitalizing on the capabilities of Intelligent Industry.
Within the end-to-end customer journey, data and artificial intelligence are increasingly important; data has intrinsic strategic value independent of the technology. Data is now ubiquitous -from consumers, devices, and environments. The data revolution began in marketing and continues with the delivery of connected experiences powered by data across channels, responding to customer signals in real-time with personalization at scale. For brands, success used to mean relying on data for interesting insights to justify decisions. Today, with Generative AI representing tremendous opportunities for the production of hyper-personalized marketing content and interactions, re-thinking the way customers interact with the brand, the data-rich, dynamic technology landscape requires a different approach.
Success is now the instrumental value-driving activation of data. Data-native brands, born with a focus on the capture, mobilization, and activation of data, are out front. Our unique ability to navigate the technology landscape through proprietary partnerships and approaches to creating experiences empower traditional marketers to take the lead.
Intelligent Industry
Intelligent Industry goes beyond Industry 4.0, applying digital technologies to connect the entire end-to-end industrial value chain from design, research & development, and engineering, through to production, operations, supply chain and support -realizing the inherent value of real-time data within manufacturing and the wider industrial world.
What can be made now?
Intelligent products and systems: with products and systems now being smart and connected, they can continuously be improved thanks to real-time data-driven feedback. This means greater uptime, reduced costs, and improved efficiency.
Intelligent supply chains: traditional plants and industrial operations become smart with new digital technologies, which in turn changes the design of factories, systems, and their supply chains, how they operate, and how employees work within them.
Intelligent support and services: with all products connected digitally, support and service departments will move from being cost centers to customer experience ambassadors and revenue generators, with data-driven services connected to the ongoing use of a product rather than longer ownership.
Manufacturing will move from being uni-directional (humans directing machines to produce goods, which are then sold to consumers) to being multi-directional, where consumers request goods straight from companies. Generative AI will play a significant role in this transformation, as it will be able to simulate multiple scenarios, optimize production plans, and even create new product designs based on consumer preferences. Manufacturing planning systems, powered by Generative AI, will direct production (thanks to automation and Industrial IoT) and organize raw materials (through digital supply chains) and relevant logistics (via self-driving/robot warehousing) accordingly.
At the heart of this is the need for the enterprise to become data driven and AI-powered in all that it does.
As a global leader in AI-powered technology & transformation services, Capgemini is well positioned to work with clients across the whole end-to-end value chain of Intelligent Industry, from the business model, to products, operations, and services.
Sustainability
In front of the current environmental crisis, enterprises across the world face a major shift challenge, thus giving rise to a new and fast-growing sustainability services market. This market is leading to a massive acceleration in corporate transformation toward science-based environmental sustainability, driven by four underlying trends:
tightening regulations on climate and biodiversity: at least 10 countries are rolling out climate regulations for companies and investors, including UK, USA (upcoming SEC regulation on climate-related disclosures), and EU ("Fit for 55" package, Corporate Sustainability Reporting Directive, Carbon Border Adjustment Mechanism…);
increasing social expectations: ESG concerns are increasingly influencing consumer purchasing decisions and employee's choices. For instance, 79% of consumers are declaring changing purchase preference based on the social or environmental impact of their purchases(1);
rising corporate awareness: according to the United Nations, over 1,200 companies have put in place science- based targets in line with net zero. Those goals, if fully met, would represent an annual investment of US$4 trillion by 2030;
the need for new technologies and scaling-up of existing ones: as outlined by the Intergovernmental Panel on Climate Change, low-emissions technologies are available in all sectors. Some are mature and need to be scaled-up (renewable energies, EVs, heat pumps…). Others (carbon capture, hydrogen-based steel…) are still under development or in R&D and will require engineering expertise, ad hoc digital technologies, or market analyses.
Overall, the cost to fully decarbonize our economies could reach
$150 trillion within the next 30 years(2). In this context, this would inevitably drive demand for sustainability services in three domains:
Digital & technology: this domain will contribute to decarbonization and reduction of climate and biodiversity impacts. Smart & digital solutions will support the scale up of
new flexibility sources, energy efficiency, or cuts in energy consumption by redesigning the end-use in buildings, transport or industry. Artificial intelligence, including Generative AI, will help create more intelligent and sustainable supply chains;
Advisory & consulting: the market for sustainability consulting has begun to take shape as businesses struggle with setting decarbonization goals, measuring progress and delivering business transformation;
Products & operations services: sustainability is a cornerstone of today's manufacturing operations, both as a way for organizations to fulfill their social and environmental contracts, and as a source of tangible benefits from increased sales to reduced costs. Sustainability is also paramount in the design of products and services and, for the coming years, in every industry.
As a world leader and a pioneer in the sustainability services(3)(4), Capgemini is well positioned to work with its partners to develop new sustainability standards and solutions and help our clients on all the aspects of their sustainability challenges: from climate strategy and roadmap to sustainable product design and engineering, supply chains and operations decarbonization, up to carbon and biodiversity accounting challenges.
-
A demanding competitive environment
Our global marketplace continues to evolve, and we compete with a variety of organizations that offer services comparable to ours:
technology players (e.g., Infosys, Wipro, Cognizant or TCS);
consulting and advisory players (e.g., Accenture, Deloitte, EY, PwC, McKinsey, BCG);
digital natives players (e.g., EPAM, Globant, or Thoughtworks);
Engineering Services players (e.g., Akka, Alten or Bertrandt);
infrastructure focused players (e.g., Kyndryl or NTT Data);
business Process Services focused players (e.g., Genpact, EXL, Conduent);
regional players (Reply, Sopra Steria, Indra, Tieto).
Moreover, we see the continued growth of Engineering Research & Development spend within clients with the emergence of an addressable Digital Engineering market that increasingly looks to consume, integrate, deploy, and secure new technologies across artificial intelligence, cloud, Internet of Things, cybersecurity, etc.
The main competitive factors that we believe exist in the marketplace are:
ability to deliver - in both individuals and products;
expertise - in business, technology as well as industry knowledge;
innovation - through partner ecosystems, services and portfolio offers;
reputation and integrity - in both testimonials and client references;
value - in adding and improving business performance;
time-to-value - in executing value-added projects at pace;
pricing - in contractual terms and pricing;
service and scope - in bringing the right people and products to clients;
delivery - quality results on a timely basis;
global reach and scale - in providing the right level of presence in key markets.
-
Partners and ecosystem of partners
Capgemini has always forged strategic partnerships with high-profile technology companies and innovative startups with specialized skills. By maintaining an independent posture with partners, the Group ensures the freedom to select those offering the best solutions to meet clients' unique expectations and challenges.
The majority of our client engagements are delivered in collaboration with one or multiple partners. Continuous evaluation and monitoring of our partners guarantee enterprise-grade capabilities and stability
for our clients. Additionally, Capgemini prioritizes a proactive, opinionated approach to selecting technologies tailored to client needs, accelerating their transformation journeys.
We champion and drive a new ecosystem of partners combining hyperscalers, independent software vendors (ISVs), AI native partners and industry-specialized partners to enable our clients to achieve rapid Return on Investment (ROI).
(1) Capgemini report: How sustainability is fundamentally changing consumer preferences.
(2) IEA, Net Zero by 2050 - A roadmap for the global energy sector.
(3) Everest Group Net-Zero Consulting PEAK Matrix Assessment 2025.
(4) Everest Group PEAK Matrix Assessment 2025.
We have continued to accelerate joint initiatives with selected partners, to help clients manage and accelerate their digital transformation and AI journey while delivering business outcomes:
Revolutionizing customer experience with Google Cloud: We launched a strategic agentic AI initiative with Google Cloud to transform customer experience (CX) into a key value driver for clients. Building on our existing partnership, we created industry-specific agentic AI solutions designed to handle customer requests across all communication channels (web, social, phone, etc.) and improve employee productivity. Underpinned by Google Cloud's AI technology, we developed bespoke solutions designed to enhance customer services with intelligent automation and deep customer insights, enabling organizations to deliver more personalized, efficient, and effective CX to elevate brand perception, increase loyalty, and drive revenue growth.
Accelerating industry-focused cloud and AI transformation at scale with AWS: We expanded our collaboration with AWS to redefine how industries harness cloud and AI at scale. This partnership unites Capgemini's deep sector expertise with AWS's technology leadership to deliver ready-to-deploy solutions that accelerate innovation and business impact. Together, we are introducing nine co-developed solutions designed to address pressing challenges in automotive, aerospace & defense, and energy and unlock new possibilities -driving faster product cycles, resilient operations, and sustainable growth. Furthermore, our smart manufacturing initiative enables intelligent, connected factories across key sectors, setting the foundation for the next era of digital transformation.
Agentic Industry Studio with Microsoft: We launched the Agentic Industry Studio with Microsoft designed to help enterprises embed agentic AI into the heart of their operations securely, responsibly, and at scale. The studio brings together Capgemini's deep industry knowledge and proven expertise in delivering transformative agentic AI with Microsoft's advanced platforms. This combination enables clients to deploy tailored, high-impact solutions that drive real business results with precision for industries such as financial services and manufacturing. It delivers solutions that are enterprise-ready and tailored to the regulatory, operational, and cultural realities of each sector. The Agentic Industry Studio marks a new phase in Capgemini and Microsoft's long-standing partnership, focused on shaping the future of enterprise AI with agentic systems that are deeply aligned with business ambitions and the principles of human-AI chemistry.
Bolstering Europe's digital sovereignty with SAP: We strengthened our partnership with SAP to accelerate agentic AI-driven enterprise transformation solutions for European industries - notably the public sector, defense organizations, and those in highly regulated sectors. We launched a Sovereign Technology Partnership to help enable European organizations to innovate securely and independently.
Secure, scalable Gen AI-powered solutions with Mistral AI and SAP: We expanded our partnership to help drive growth for regulated organizations by transforming operations and improving business outcomes through a broad range of AI models. Our collaboration provides a trusted and secure environment to deploy custom AI solutions for regulated industries with strict data requirements, such as financial services, public sector, aerospace & defense, and energy & utilities. We leverage Mistral AI's revolutionary Gen AI models and the SAP Business Technology Platform (BTP) to develop multiple, easily accessible business AI use cases with a lower carbon footprint.
AI-powered contact center of the future with Salesforce: We announced a joint market presence and commitment to deliver a data- and agentic-enabled Customer Engagement Center (CEC), a unified and intelligent ecosystem designed to elevate customer service from a cost center to a driver of business value. Leveraging our combined expertise, the solution modernizes the contact center by addressing persistent challenges such as fragmented systems, slow innovation, and high agent turnover. The AI CEC is built on a vision of seamless case handoff and trusted customer interactions, enabling faster time-to-value, accelerated deployment, cost efficiency, and a scalable, secure foundation. Capgemini's strengths in business transformation, user experience, and management consulting ensure the thoughtful integration of Agentforce into core processes, while Salesforce's Agentforce 360 delivers enterprise-grade agentic AI through augmented and autonomous digital agents.
Driving AI-powered business with ServiceNow: We help clients disrupt their industries with an innovative, enterprise platform that harnesses agentic AI and Capgemini's capability, culture, and deep industry expertise to drive intelligent business outcomes. Together, we empower our clients to do more than leverage technology by enabling them to differentiate with the best of Capgemini. Using ServiceNow's AI platform, we co-create tailored solutions that drive automation and innovation.
Elevating customer experience transformation with Adobe: We advanced our strategic partnership with Adobe to deliver data-driven, AI-enabled customer experience solutions built on Adobe Marketing Cloud. We focused on capabilities and solutions that help organizations monetize their data ecosystems, increase conversion of sponsored promotions, and strengthen lifetime customer value. Through agentic AI for hyper-personalized experiences and generative AI to meet rising content demand, we enabled multiple sectors to modernize their marketing operations and deliver more relevant, scalable, and effective customer experiences.
Empowering the next era of manufacturing with Siemens: We expanded our strategic partnership with Siemens to co-develop AI-native digital solutions for product engineering, manufacturing, and operations, fundamentally embedding artificial intelligence at their core instead of adding it as a feature. We focused on high-impact capability areas that can deliver measurable outcomes in production efficiency, time-to-market, quality, sustainability, and beyond. We enabled organizations to bridge the gap between the business promise of technology and industrial reality by becoming more flexible, scalable, resilient, and sustainable.
Simplifying enterprise complexity with Dassault Systèmes: Our 25-plus-year partnership with Dassault Systèmes continued to demonstrate significant impact in 2025. The collaboration
Capgemini has a global sales and delivery partner network with companies whose solutions are complementary to our own. Our unique expertise, in collaboration with our alliance partners' products and services, allows us to build new and valuable business solutions for our clients in less time and with a degree of accuracy not possible without this approach.
Our ecosystem of partners provides critical synergy and is crucial to our efforts to solve the toughest business challenges for our clients, be it in new business model creation, new technology solution implementation, or progression into new global markets.
As of today, Capgemini's global ecosystem includes the following sample of partners:
was highlighted through major consortium initiatives such as DAWN (Digital Assembly for Wing), developed with leading industry partners to increase performance and production rates for next-generation fuel-efficient aircraft.
Redefining the future of physical AI with Intel: As a prestige partner, Capgemini and Intel combine advanced computing, AI performance, and industry-specific solutions to drive innovation. Initiatives such as Project Reach illustrate our work together in exploring the evolving field of robotics enabled by the convergence of physical AI, advanced perception technologies, edge computing, and increasingly capable electromechanical systems.
Accelerating enterprise adoption of agentic AI for industries with NVIDIA: We announced the introduction of customized agentic AI solutions designed in collaboration with NVIDIA to accelerate enterprise AI adoption. Combining Capgemini's deep
Adobe
Appian
AWS
Aveva
C3.ai
Dassault Systèmes
DELL
Duck Creek
Google
Guidewire
IBM/Redhat
Intel
Liquid AI
Majesco
Microsoft
Mistral AI
Nvidia
OpenText
Oracle
Pega
PTC
Qualcomm
Salesforce
SAP
Schneider
Electric
Siemens
ServiceNow
Sweep
Tenemos
UiPath
Unity
Verizon
industry expertise and NVIDIA's state-of-the-art technology, we deliver end-to-end AI services tailored to the diverse needs of multiple industries when implementing AI agents, from healthcare and financial services to manufacturing and telco. In addition, by leveraging NVIDIA NIM and a dedicated agentic gallery, the partnership further streamlines deployment and supports key objectives such as rapid prototyping, consistent integration, scalability, and governance.
Advancing as a Top Oracle Partner: We celebrated our 30th anniversary with Oracle by elevating our partnership to the new Enhanced Oracle Partner Network (Enhanced OPN) program. We also expanded our Oracle Cloud Solutions portfolio with an array of AI services and platforms, including the Oracle AI Data Platform, Oracle Cloud Infrastructure (OCI) Generative AI and Oracle AI Agents, strengthening our ability to support clients' business transformation and deliver measurable outcomes.
Humanoid robot in nuclear sector with Orano: We deployed the first intelligent humanoid robot in the nuclear sector, a major technological breakthrough with potential benefits for the sector's performance. Orano is a recognized industrial leader in the recovery and transformation of nuclear materials. The robot was deployed at the Orano Melox Ecole des Métiers in the Gard region of France and is equipped with embedded artificial intelligence and advanced sensors for real-time perception, autonomous navigation, execution of technical gestures, and interaction. This initiative is expected to enhance industrial performance and potentially support operators through robotic assistance.
Innovation cannot happen in a vacuum. It needs energy and momentum. It needs a thriving ecosystem that provides partnerships and investment initiatives for both large organizations and the brightest startups.
Capgemini continued to build its innovation-centric emerging partner ecosystem program. With several hundred participants covering AI, Data, Advanced Analytics, IoT, 5G, Intelligent Automation, Edge Computing, AR/VR, cybersecurity and FinTech technologies, Capgemini continues to maintain a flexible and forward-looking pattern of partnership evolution. Over 200+ clients have collaborated with the emerging partner ecosystem by embracing innovations that will put their businesses ahead and allow adoption of new business models ecosystem to create innovative solutions and new business value.
Through our global network of Applied Innovation Exchanges, our ecosystem of technology partners constantly works with clients to turn innovation into valuable, business-focused solutions at pace.
Further, Capgemini Ventures aims at co-creating and delivering value with startups, clients, and tech partners. By building a joint go-to-market with startups and partner ecosystems and in some cases, making minority investments, we are able to provide greater value for our clients. We have launched Startup Catalyst, an end-to-end framework for startup ecosystem management that is designed to enable collaboration in a structured way between Capgemini and startups to provide value to our clients.
Capgemini's thriving partner ecosystem exemplifies our commitment to solving complex challenges, driving innovation, and delivering measurable outcomes for our clients worldwide.
-
A dynamic global services market
-
A strategy to support long-term growth
-
Value creation drivers
Capgemini is ideally positioned to capitalize on the growth opportunities of the worldwide Business & Technology transformation market with the expertise to help our clients transform at scale. We are in an industry which is at the forefront of change; digital remains on every CxO agenda. Technology is driving transformation in all industries; Cloud, Data and AI are everywhere.
A technology and innovation strategy at the core
Our focus is on strategic value generation to address the needs of our clients within focused industries as they seek to drive one of the most significant waves of digitalization ever seen. We are proud of our expertise in new technologies: we understand their potential and the impact they will have on our clients' business activities. This outstanding expertise is essential in gaining our clients' trust and becoming their chosen strategic transformation partner.
We assess technology trends with our best global experts in domains including artificial intelligence, blockchain, cloud, edge computing, connectivity, cybersecurity, data, IoT, 5G, digital twins, quantum and metaverse.
We help enterprises navigate the compelling opportunities for business with TechnoVision, our annual technological guide to implement enterprise-ready technology in the complex systems of our clients.
Similarly, our Applied Innovation Exchange (AIE), a global network composed of 22 innovation labs, provides a controlled environment for organizations to immerse themselves in the understanding, experimentation, and application of emerging technologies. We are fueled by the intense transformation needs of our clients.
Our ecosystem of partners, both business and technological, represents a strategic asset for Capgemini and our clients. By collaborating closely with our partners and through our deep understanding of our clients' business environments, we can create a competitive advantage and new business capabilities.
Therefore, we tirelessly invest in content, industry knowledge, assets and offerings.
Our people as our best asset
Capgemini's spirit of conquest and passion for entrepreneurship on behalf of our clients have always been key for our employees. The people of Capgemini are proven experts in their fields and are our greatest strength. They are at the frontline of business transformation, driving our high-performance culture and providing our clients with cutting-edge services. Thanks to them, we are able to ensure high-quality deliverables and reach the most ambitious objectives.
In 2025, we continued to invest in our people, including emerging talent pools, to attract, retain and train the best in the industry. We also offered leadership opportunities to our diverse and emerging talents, recognizing the importance of cultivating new perspectives and skills. By investing in our people and fostering a culture of inclusivity, we are able to drive innovation and remain competitive in a rapidly changing market.
We work hand-in-hand with our clients to help them attain their objectives in terms of innovation, business development, and effectiveness and we are passionate about our clients' challenges. Our conviction is that the purpose of a transformation program should not be digital for digital's sake. It should be driven by specific business needs and designed with the optimal architecture to best capture the value from innovation.
We partner with clients to drive end-to-end transformation enabled by our capabilities, which range from innovation, consulting, and systems integration to managed service operations.
Moreover, as a global strategic partner, we believe that in-depth industry knowledge is critical. We align our skills and expertise in seven sectors to transform our clients' businesses.
Our resources
Human
› 423,400 talented employees in more than 50 countries
› A broad diversity of profiles and expertise
Industrial
Our Business Model
Our purpose: "Unleashing human energy through technology for an inclusive and sustainable future".
Our client-oriented strengthsPeople & Organization
› Recognized industrial
and technology know-how
› Management of complex projects
› 8 security operations centers
› 72 delivery centers
Intellectual
› Continuous investment in R&D, especially in AI
› The multi-award-winning Capgemini Research Institute
› TechnoVision, a report to help decode and deploy relevant technology evolutions
› Strategic partnerships with technology and business leaders
› Alliances with universities, schools, research centers, startups and recognized experts
› Capgemini, an internationally recognized brand
Financial
Passionate, committed & skilled talents
› Seven core values
› A bold entrepreneurial spirit
› Ethical culture as a guide
› A dynamic, evolving skills pipeline, filled internally and externally
by an agile talent marketplace and expanded talent pools
› Tailored world-class learnings and customized employee
experiences to continuously develop tomorrow's skills (GenAI & Agentic AI)
› Specific programs to build holistic leadership capabilities
› An inclusive and flexible work environment
An agile organization
› Global delivery model supported by multiple hubs, the largest one being in India
› Proven expertise in the allocation of talents and skillsets
› Global Quality Management System
› 99% of Capgemini employees have access to our flexible work policy*
› Global Cybersecurity Governance and Management System
Enhanced capabilities
We help clients by applying capabilities in:
› Strategy & Transformation
› Applications & Technology
› Engineering
› Operations
› A strong balance sheet,
with a total equity of €11.7 billion
› €1,949 million organic free cash flow generation
› Credit rating attributed by the rating agency Standard & Poor's: "BBB+ with stable outlook"
The Group has developed specific policies to access and leverage these resources, and these are fully embedded in our internal controls and risk management systems.
*As an exception, these figures do not account for WNS and other acquisitions completed
at the end of 2025, unlike the rest of the data
of this double-page section, which includes them.
A global ecosystem of research and innovation
Our research and innovation ecosystem leverages:
› In-house resources (labs, centers of excellence and creative studios);
› Our Applied Innovation Exchange centers (AIE) to co-innovate with our clients; and
› A network of startups or joint ventures with industry leaders.
Capgemini Ventures, part of our open innovation strategy, also aims at co-creating and delivering value with startups, clients, and tech partners.
Safe and sustainable by design
Cybersecurity & data protection
Cybersecurity provides the Group and its clients with a complete portfolio of specialized services in governance, protection, detection, and response to cyberattacks, with the aim of safeguarding on-premise as well as cloud computing, connected objects, and industrial systems. Personal data entrusted by its clients, employees,
and other stakeholders are protected by Capgemini by design, and in accordance with applicable regulations.
Committed to corporate sustainability
ESG is embedded in our corporate strategy with a focus on nine priorities that have significant positive impact on our business, our stakeholders, and society at large.
Sustainable development, and in particular the reduction of carbon footprint and our contribution to circularity, are part of our commitments for a sustainable and inclusive future.
For shared outcomes
Our value proposition
Client business needs
We are a responsible AI-powered global business and technology transformation partner delivering business value to our clients and society at large. We imagine the future
of organizations and make it real with AI-powered sustainable technology and people.
We deliver end-to-end services and solutions with our deep industry expertise and strong partner ecosystem.
Clients
› 4.33/5: client satisfaction level on engagements
› A target to increase bookings
for deals that deliver sustainability benefits to our clients
Talents
› €15,296 million paid in gross wages and salaries, payroll taxes and benefits
› 40.5% - proportion of women
Customer First
Transforming
the experience that our clients deliver to
their customers, including the value of their products and services and
the quality of each customer interaction.
Core expertise
Intelligent Industry
Digitally transforming our client value chain, from the design and development of sustainable, intelligent products and services to intelligent supply chain, extending to the smart
manufacturing of products and intelligent service operations.
Enterprise Management
Transforming
the processes, teams, solutions, and operations to run enterprises
with a greater agility and operational efficiency,
in a sustainable manner and for a personalized employee experience.
in the workforce*
› 30.5% - proportion of women
in executive leadership positions*
› 34.7 million hours of training, including learning in the flow of work*
› 194,775 talents upskilled on Agentic AI*
› 7.7/10: employee engagement score, as measured in monthly
internal surveys*
› 8.4% employee share ownership*
Business and technology partners
› €3,083 million in purchase of goods
Industry expertise
Knowing the unique challenges that each industry faces is critical to
business success. We have developed deep industry knowledge in:
› Consumer Goods & Retail
› Energy & Utilities
› Financial Services
› Manufacturing
› Public Sector
› Services
› Telecommunications, Media & Technology
Cloud
While our clients move away from physical data centers, we are operationalizing
their move to cloud by providing managed services for hybrid cloud environments and streamlining business operations.
As a strategic lever of transformation, the cloud enables them to innovate, and launch intelligent products and services to create new revenue streams.
Data & artificial intelligence (AI) We help our clients draw significant business and operational benefits in an ethical fashion, by developing and implementing AI-powered transformations, solutions,
and operations at scale.
Intelligent Operations
We help clients drive agility
and value by integrating data insights, industry expertise, and change management. Our consulting-led, tech-driven approach blends human
capabilities with AI agents to orchestrate processes seamlessly.
Sustainability
A comprehensive portfolio
of services and solutions to leverage climate technologies, transform business models, develop products, and optimize operations and value chains towards a sustainable future.
Engineering
We unleash the potential of R&D
and innovation to develop the products and services of tomorrow and transform industrial operations by leveraging advanced digital and software technologies, agile engineering platforms, and an industrialized delivery model.
and services with our suppliers
› The majority of our sales are made alongside our partners
Society and public authorities
› €534 million income tax expense
› >750 social impact projects*
› Net zero business by 2040
› Contribution to 11 out of 17 Sustainable Development Goals adopted by the United Nations
› 8.5 million citizens have benefited from our digital inclusion initiatives since 2018
Shareholders and investors
› Earnings per share of €9.46 (down 3.7% on 2024)
› €1,120 million returned to shareholders (€578 million dividend,
€542 million share buyback)
› 13.3% operating margin
Our ESG ambition embedded into our strategy and value creation model (SBM 1)
The Environmental, Social and Governance (ESG) performance is a core pillar of our strategic vision and value creation model.
On the environmental pillar, we are committed to reducing our own environmental impacts while helping our clients achieve their net-zero objectives. Our clients are today fully engaged in a dual transition towards a digital and sustainable economy that is redefining the way they create value. Sustainability is therefore embedded in our offerings to support them in fundamentally transforming the consumption of information technologies and working practices, while guiding them through a sustainable digital transformation. Taking a comprehensive approach, we help organizations identify their major emission hotspots and implement effective reduction strategies. We leverage new technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), Virtual Reality (VR) and advanced analytics to enable efficient data capture, evaluation and analysis, monitoring and control, ultimately supporting informed decision-making.
On the social pillar, we work closely with our stakeholders to create positive impact across our value chain while actively monitoring and mitigating potential negative effects of our activities. We strive to maintain regular dialogue with all stakeholders and require our suppliers to operate in line with the highest environmental and social standards, specifically avoiding all forms of corruption, bribery, extortion or embezzlement, as well as unfair business practices. We are committed to protecting the privacy of our clients, employees and partners.
On the governance pillar, we uphold the highest standards by adopting policies that safeguard the long-term interests of Capgemini and its stakeholders.
Our sustainability ambition and vision are embedded in our refreshed ESG Policy, published in 2025. It sets out a holistic approach to addressing the most pressing environmental, social and governance challenges and driving positive change for our company, our stakeholders and society at large, with nine priorities and fourteen objectives.
We detail below our contribution to the United Nations Sustainable Development Goals (please refer to the part B - Other information, "our contribution to SDGs"), our commitment to having a positive impact on our stakeholders, and the key achievements of the ESG policy, published in 2025.
Our contribution to UN Sustainable Development Goals
In 2015, all 193 UN Member States adopted an ambitious roadmap to transform our collective future. This agenda sets a clear direction: eliminating extreme poverty, reducing inequalities, and protecting the planet by 2030. At the heart of this vision lie the 17 Sustainable Development Goals (SDGs), a universal framework that defines the world we aim to build: more just, more inclusive, and sustainable for all.
Capgemini is therefore committed to contributing to 11 of these 17 SDGs, as they best align with our ability to act through our activities and areas of expertise. These goals are also fully consistent with our long-standing commitment to the ten principles of the United Nations Global Compact, which we have supported since 2004.
Committed for a positive impact for our stakeholders
Capgemini ensures that profit value is shared between stakeholders.
Value creation Value added sharing
€18.9 bn
68.3%
Employees
17.2%
Public Authorities
10.5%
The Group (Enterprise)
3.0%
Shareholders
1.0%
Creditors
Revenues
€22.5 billion
Purchased goods and services
€3.6 billion
Value added
€18.9 billion
Capgemini confirms its leadership in ESG by publishing its revised ESG policy in 2025
As a leader of the eco-digital economy, we allow our clients to deliver growth while also driving transparent environmental and societal sustainability. We are at the forefront of the transition to a more sustainable economy and drive progress for positive futures.
Our ESG Policy forms the basis for our sustainability activities. We intensify our efforts on areas where we are uniquely positioned to achieve our Purpose of "Unleashing human energy through technology for an inclusive and sustainable future", creating a virtuous circle that generates economic, environmental and social value for all the communities we operate in.
At Capgemini, we pursue a consistent Environmental, Social and Governance (ESG) strategy embedded in all our activities by leveraging technology, human capabilities, and alliances with key partners. We also believe that effective sustainability and responsible business practices must be driven by a deep understanding of the issues that matter most to our stakeholders. To ensure that our environmental, social and governance efforts are meaningful and impactful, the Group aligned its updated 2025 ESG policy with the outcomes of the double materiality assessment conducted in 2024.
Our ESG Policy is now structured around nine priorities and 14 objectives, fully aligned with our sustainability challenges. It details our global approach to addressing issues like: combating climate change, creating a safe, inclusive and fulfilling work environment for our talents, fostering digital inclusion, adhering to the highest ethical standards in all our decisions and actions, and ensuring rigorous management of confidentiality, data protection and cybersecurity. This policy not only reinforces our commitment to a more sustainable model but also consolidates Capgemini's position as a responsible leader in eco-digital transformation.
Over the next five years, we will ensure the ethical use of AI, which is already transforming our economies and integrated into our offerings. We will also expand our portfolio of sustainability-focused services, adapting it to the evolving ESG challenges facing our clients, in order to better support them in meeting their commitments.
Focusing on nine priorities and 14 objectives
Main ESG achievements in 2025 against targets
Priorities Objectives
Environment: Protecting the planet
-
Value creation drivers
Priority A: Act on climate change and become a net zero business by 2040
Objective 1: Reduce our Scope 1, 2 and 3 emissions by 90% by 2040
Objective 2: Scale up our investment in climate and nature solutions at a level commensurate with our total GHG emissions
Priority B: Lead to a sustainable economy, by helping our clients achieve their sustainability commitments
Objective 3: Increase bookings (value) delivering sustainability benefits to our clients
Social: Shaping a future with protection and respect for all
Priority C: Invest in our talents through an empowering experience Objective 4: Reach and maintain, on average, 70 learning hours
per headcount per year
Objective 5: Upskill our talents on one yearly defined strategic topic
Objective 6: Maintain our employees' belonging index above 80
Priority D: Maintain high ethical standards at all times Objective 7: Keep over 80% of the employees with a positive perception
of our Values, culture, and the demonstration of ethical behaviors in the Group
Objective 8: Enhance awareness and foster the adoption of Ethical AI practices
Priority E: Enhance inclusion in our activities Objective 9: Maintain at least 40% of women in our global teams and reach 35% of women in group executive leadership positions, by 2030*
Priority F: Support digital inclusion in our communities Objective 10: Support 10M beneficiaries in underserved communities
through our programs, by 2030
Governance: Embedding trust and transparency at every level
Priority G: Foster a diverse and accountable governance Objective 11: Maintain best-in-class corporate governance
Priority H: Value responsible business practices across the value chain Objective 12: By 2030, suppliers covering 80% of the purchase amount
of the previous year, will have committed to our ESG standards
Priority I: Protect and secure data, infrastructure, and identity Objective 13: Embed data protection into our culture, operations
and clients' delivery
Objective 14: Be recognized as a front leader on cybersecurity
(C) Scope Capgemini legacy
* We recognize that countries must operate within their local regulatory/legal framework. The objectives for 2030 are set at a Group level and will accelerate our inclusion efforts. The information provided in this table does not account for WNS and other acquisitions that were also completed at the end of 2025.
Metrics Units 2019 2025 2030 Target 2040 Target
Absolute Scope 1 and 2 emissions (market based) tCO₂e | 154,078 | 8,747 | -80% absolute | -90% absolute | |
Scope 3 Business travel emissions per employee (average total tCO₂e/ head | 1.26 | 0.38 | -55% per employee | -90% absolute | |
headcount) | |||||
Scope 3 employee commuting emissions per employee (average tCO₂e/ head | 1.08 | 0.50 | -55% per employee | -90% absolute | |
total headcount) | |||||
Scope 3 purchased goods and services tCO₂e | 305,718 | 279,527 | -50% absolute | -90% absolute | |
% of residual operational emissions for which carbon credits have % | - | 100% | 100% | - | |
been retired | |||||
% of residual total emissions for which carbon credits have been % | - | 57.81% | 100% | - | |
retired | |||||
Variation of booking values delivering sustainability benefits to % our clients | - | 7% | Increasing every year | - | |
Average Completed Learning Hours, including learning in the flow of Hours work, per headcount at the end of the year | 41.90 (C) | 97.2 | >=70 | - | |
Number of active learners on a yearly defined strategic topic | - | 194,775 | Above the target defined by the Group | - | |
Belonging Index Score score | - | 84 | >80 | - | |
% of employees surveyed with an average Ethical culture score % between 7 and 10 (annual average number of employees) | - | 85% | >80% | - | |
% of headcount (total headcount at the end of the year) who % completed the annual "Ethics in AI" training | - | to be reported from 2026 | >80% | - | |
% of women in the workforce % | 33.0 (C) | 40.5% | >=40% | - | |
% of women in group executive leadership positions % | 16.8 (C) | 30.5% | >=35% | - | |
Cumulated number of Digital Inclusion beneficiaries (since 2018) | 29,012.00 (C) | 8,497,643 | >10M | - | |
MSCI ESG rating on Corporate Governance Score | - | Rating achieved | Top quartile of MSCI ESG rating compared to industry peers | - | |
Purchase amount with suppliers who have committed to our ESG % standards (committed to the Capgemini's Supplier Standards of Conduct or equivalent commitment) over the total purchase amount of the reporting year (%) | - | 71.8% | >80% | - | |
% of headcount (total headcount at the end of the year) who % completed the mandatory e-learning module on data protection | - | 94% | >90% | - | |
% of DPO (number of DPO at the end of the year) certified with the % International Association of Privacy Professionals | - | 87% | >90% | - | |
% of qualified client engagements having reached a top-level % comprehensive digital data protection maturity assessment | - | 58% | >85% | - | |
% of operation centers and sensitive facilities at the end of the year, % ISO 27001 certified | - | 98% | >98% | - | |
% of headcount (total headcount at the end of the year) who % completed the mandatory e-learning module on Cybersecurity | - | 96% | >95% | - | |
-
An adapted investment policy
In 2025, our investments were centered around making the Agentic AI opportunity real for our clients, and positioning the group as a leader in the agentic era, by:
strengthening foundational capabilities and enhancing our cloud and data AI capabilities, which are the essential pillars for scalable, secure, and enterprise-grade AI adoption;
empower client AI journeys by providing expertise and solutions that fast-track AI integration and deliver measurable business outcomes, with Intelligent Operations at the forefront of this evolution;
accelerating our next-gen services resources through focus investments to establish the group as a frontrunner in AI-driven transformation, Expand IP and asset-led offerings and enrich the asset portfolio to deliver differentiated value.
In July, the Group announced the acquisition of WNS, Capgemini's biggest acquisition since Altran in 2020, creating a global leader in Digital BPS (Business Process Services), transforming end-to-end
business processes from traditional BPS to Agentic AI-powered Intelligent Operations.
The acquisition of Cloud4C in September - a leader in automation-driven managed services for hybrid and sovereign cloud environments - reinforces Capgemini's leadership in cloud managed services.
Finally, in October, the acquisition of Seimaf - an industrial engineering and technical consulting firm specializing in nuclear, energy, environmental, and industrial sectors - strengthens Capgemini's nuclear engineering capabilities across Europe.
Through 2026, the Group will continue to evaluate the market for opportunities to enable its client's AI transformation journey and strengthen its positions across high-growth domains. These acquisitions will be possible thanks to the Group's solid financial position and leading market positions.
-
Financing policy and financial rating
The Capgemini financing policy is intended to provide the Group with adequate financial flexibility and based on the following main criteria:
a moderate use of debt leverage: over the past ten years, Capgemini has striven to maintain at all times a limited level of net debt, including in the manner in which it finances its external growth;
diversified financing sources adapted to the Group's financial profile: Capgemini bases its financing around "bank" sources (mainly a €1,000 million multi-currency syndicated credit facility undrawn at December 31, 2025 and bilateral credit facilities totaling €750 million, also undrawn at December 31, 2025) and "market" sources: bond issues totaling €8,300 million in principal at December 31, 2025 and a €1,600 million short-term negotiable debt securities program, unused at December 31, 2025;
a good level of liquidity and sustainable financial resources, which means:
maintaining an adequate level of liquidity on the balance sheet (€3,032 million at December 31, 2025), supplemented
mainly by a €1,000 million multi-currency syndicated credit facility secured on February 9, 2021 and maturing on February 7, 2028, and bilateral credit facilities totaling
€750 million secured in the second half of 2024, with a 12-month maturity and an additional 12-month extension option (exercised in the second half of 2025),
borrowings with maturities up to 2034, with only a limited portion falling due within 12 months (borrowings contractual cash flows due within less than one year - see Note 22 to the consolidated financial statements), representing 11% of total borrowings contractual cash flows at December 31, 2025.
Financial rating
The Group's ability to access financial and banking markets and the cost of accessing such markets depend at least in part on the credit rating awarded by the rating agency Standard & Poor's. At March 1st 2026, Capgemini's credit rating was BBB+/stable outlook.
-
An adapted investment policy
-
An agile business
An agile business
- The main subsidiaries and a simplified Group organizational chart
The Group operates in over 50 countries and through subsidiaries -the main subsidiaries are listed in Note 33 to the consolidated financial statements.
The parent company, Capgemini SE, via its Board of Directors, defines the strategic objectives of the Group and ensures their implementation. In its role as a shareholder, Capgemini SE contributes, in particular, to the financing of its subsidiaries, either in the form of equity or loans. Finally, it makes its trademarks and methodologies available to its subsidiaries, notably "Deliver", and receives royalties in this respect.
Capgemini SE notably holds:
the entire share capital of an inter-company service company, Capgemini Service S.A.S.;
the entire share capital of Capgemini Gouvieux S.A.S., which operates the Serge Kampf Les Fontaines campus, housing the Group's international training center;
as well as operating subsidiaries held directly or indirectly via regional holding companies. The main operating subsidiaries are presented in the simplified organizational chart below.
Finally, it is Group policy not to own its business premises, except in India where the significant growth and workforce concentration justify real estate ownership. The other Group subsidiaries rent their business premises from third-party lessors. There is no relationship between these lessors and the Group and its senior Executive Management.
The sole real estate assets owned by the Group are:
a building owned by SCI Paris Étoile and housing Capgemini SE's headquarters, located at 11, rue de Tilsitt - 75017 Paris;
the Group's international training center in Gouvieux owned by a real estate limited liability Company, Immobilière Les Fontaines;
nine campuses located in India (primarily in Mumbai, Bangalore, Hyderabad, Chennai, Noida, Pune and Calcutta);
an Altran site located in Wolfsburg in Germany.
The organizational chart of the main operating subsidiaries (reporting revenue in excess of €50 million) and the Group's support and resource subsidiaries, directly or indirectly wholly-owned by Capgemini SE, with the exception of Capgemini Technology Services India Ltd. (held 99.55%, representing 99.55% of voting rights) is presented below.
Africa
Capgemini Finland
Oy
Capgemini Mexico
S. de R.L.
de C.V.
Capgemini Brasil Ltda
South America
Capgemini Sverige AB
Capgemini España S.L.
Altran Technologies S.A.S.
Capgemini Japan
K.K
Capgemini Singapore Pte. Ltd
Capgemini Suisse S.A.
Capgemini Engineering Deutschland
S.A.S. & Co. KG
Capgemini Solutions Canada Inc.
An agile business
Capgemini SE
Other countries
Rest of Europe
United Kingdom & Ireland
France
North America
Immobilière Les Fontaines S.A.R.L.
Capgemini Gouvieux S.A.S.
SCI Paris Etoile
Capgemini service S.A.S.
Capgemini America, Inc.
Capgemini Technology Services S.A.S.
Capgemini UK plc
Capgemini Nederland B.V.
Sogeti Nederland B.V.
APAC
Capgemini Government Solutions LLC
Capgemini Consulting S.A.S.
Cambridge Consultants Ltd.
Capgemini Deutschland Holding GmbH
Capgemini Deutschland GmbH
Capgemini Technology Services India Ltd.
WNS Global Services Pvt. ltd.
Capgemini Canada Inc.
Capgemini Engineering Research and Development S.A.S.
Capgemini Ireland Ltd.
Capgemini Ukrayina LLC
Capgemini Belgium N.V./S.A.
Capgemini (China) Co. Ltd
Capgemini Australia Pty Ltd.
Backoffice Associates LLC
Altran Technology
& Engineering Center S.A.S.
Sogeti Luxembourg S.A.
Capgemini Polska Sp. z.o.o.
Capgemini Singapore Pte. Ltd. Dubai branch
Capgemini Finance Tech
S.r.l.
Capgemini Italia S.p.A.
Capgemini Engineering Sverige
AB
Sogeti Sverige AB
Capgemini Portugal S.A.
Capgemini Technology Services Maroc S.A.
Altran Maroc S.A.R.L.U.
Capgemini Norge
AS
Capgemini Services Romania s.r.l.
Capgemini Danmark A/S
Attachments
- Original document
- Permalink
Disclaimer
Capgemini SE published this content on March 23, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 23, 2026 at 17:01 UTC.
