LIVE TV DownloadNews18 App
News18 English
»
1-min read

Tech Mahindra Commits to 22 Percent Reduction in Greenhouse Gas Emissions by 2030

Speaking at MAIT's Electronics Manufacturing Summit 2019, Electronics and IT Secretary Ajay Prakash Sawhney said there has been a "widening and deepening" of the electronics manufacturing ecosystem in the country.

PTI

Updated:February 11, 2019, 2:24 PM IST
facebookTwittergoogleskypewhatsapp
Tech Mahindra Commits to 22 Percent Reduction in Greenhouse Gas Emissions by 2030
Tech Mahindra logo (Image for Presentation: Reuters).
Loading...
New Delhi: IT firm Tech Mahindra Monday said it is committed to reducing its greenhouse gas emissions by 22 per cent by the year 2030, from a 2016 base-year.

The company aims to further reduce its greenhouse gas emissions by 50 per cent by the year 2050.

The same has been approved by the Science Based Targets initiative (SBTi), Tech Mahindra said in a statement.

"The SBTi approval confirms that Tech Mahindra's long-term targets are in line with the level of decarbonisation required to keep global temperature increase below 2C, as compared to pre-industrial temperatures, as set out in the Paris Agreement on climate change," it added.

Tech Mahindra Chief Sustainability Officer Sandeep Chandna said the company is consciously adopting a strategy that will deliver innovative solutions without adversely affecting the environment.

"SBTi gives us a clear roadmap to optimise our carbon footprint and is enabling us to move towards a low carbon economy that will reduce future climate change risks," he added.

The Mumbai-based company said it is focusing on improving energy efficiency through process optimisation, energy conservation initiatives, increased use of renewable energy and by investing in low emission and green technologies.

The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). It defines and promotes best practice in science-based target setting and independently assesses and approves companies' targets.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Kaveri Seed 417.35 -0.71
Yes Bank 217.85 2.35
TCS 1,914.75 0.52
Reliance 1,234.35 1.50
Tata Steel 491.15 4.29
Company Price Change %Gain
Reliance 1,234.35 1.48
Apollo Hospital 1,131.75 1.18
Yes Bank 217.90 2.57
Kaveri Seed 416.90 -1.08
Tata Steel 490.60 4.13
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 645.20 5.03
Vedanta 160.25 4.67
Adani Ports 354.75 4.48
Tata Steel 491.15 4.29
ONGC 144.05 3.52
Company Price Change %Gain
Vedanta 160.15 4.67
Tata Steel 490.60 4.13
ONGC 144.05 3.63
NTPC 137.20 2.85
Yes Bank 217.90 2.57
Top Losers
Company Price Change %Gain
Hero Motocorp 2,623.75 -0.50
Bajaj Auto 2,774.70 -0.47
Dr Reddys Labs 2,525.15 -0.46
Zee Entertain 445.05 -0.31
HUL 1,733.50 -0.26
Company Price Change %Gain
Hero Motocorp 2,625.60 -0.66
HUL 1,733.60 -0.30
Bajaj Auto 2,778.20 -0.16
IndusInd Bank 1,480.80 -0.08

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results