Mumbai, India – Birla Carbon has announced that it is aiming to bring down its net carbon emissions to zero by 2050.
To achieve the target, Birla is collaborating with sister companies within the Aditya Birla Group to develop decarbonisation initiatives, said a company statement 12 Aug.
Furthermore, Birla is creating a series of partnerships with “leading sustainability solution providers” to explore new and advanced technologies to achieve the goal.
As part of the project, Birla said it will reference the Science-Based Target Initiative (SBTi), a joint initiative by the UN Global Compact, CDP (formerly the Carbon Disclosure Project), World Resources Institute (WRI) and World Wide Fund for Nature (WWF) to encourage companies to set greenhouse gas (GHG) emissions-reduction targets.
The carbon black manufacturer said it was committing to evaluate and release interim targets to reduce its GHG emissions within the next 12 months.
"Climate change is the biggest challenge we face today as a human race, and the burden of it will be carried by our future generations,” said Dr Santrupt B. Misra, group director, carbon black; director, chemicals and director, group HR, Aditya Birla Group.
The company, he said, will focus on sustainable operational excellence (SOE) and combine it with sustainable materials for customers.
“We are choosing to lead through bold commitment and industry-first initiatives for a more sustainable tomorrow,” also commented CEO John Loudermilk.
To achieve the ambitious target, Birla said it will be focusing on four over-arching segments, covering research, reduction of dependence on traditional production processes, use of alternative energy and offering sustainable solutions to customers.