Tech Mahindra is Committed to Lowering its Greenhouse Gas Emissions by 22 Percent by 2030

Indian IT giant Tech Mahindra recently committed to lowering its total greenhouse gas emissions by 22 percent by 2030, in accordance with the Paris Agreement, a UN agreement designed to address global climate change beginning in 2020. Tech Mahindra’s committed reduction by 22 percent is part of a larger company goal to reduce total emissions by 50 percent by the year 2050.

“The SBTi approval confirms that Tech Mahindra’s long-term targets are in line with the level of decarbonization required to keep global temperature increase below 2°C, as compared to pre-industrial temperatures, as set out in the Paris Agreement on climate change,” the company said in a statement.

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). According to its website, it promotes science-based target setting as a powerful way of boosting companies’ competitive advantage in the transition to the low-carbon economy.

“SBTi gives us a clear roadmap to optimize our carbon footprint and is enabling us to move towards a low carbon economy that will reduce future climate change risks,” explained Sandeep Chandna, Tech Mahindra’s Chief Sustainability Officer.

Tech Mahindra is committing to lowering its carbon footprint through a combination of process optimization and energy conservation initiatives. It’s also striving to use an increasing amount of renewable energy and investing in low emission and green technologies.

 

Source: Money Control, UNFCC, Tech Mahindra, SBTi