- All key Tata companies are continuously engaged in lowering their carbon emissions.
- Tata Power – India’s largest integrated power company is leading the renewable energy transition in India, targeting to maintain 40% to 50% of its total generation capacity from non-fossil fuel-based generation sources by 2025, as per the Company’s strategic intent. Tata Power has nearly 33% of its capacity (in megawatts [MW] terms) under hydro, wind, solar, and waste heat recovery.
- The Tata Group established a center of excellence (renamed Tata Sustainability Group) almost a decade ago to address climate change.
- Following through on these commitments has included training more than two-hundred C-suite executives, including CEOs and MDs, along with over 800 climate change champions, to lead low carbon transition across the Group.
- A transition to low carbon pathways can be accelerated by setting ambitious targets and using an internal carbon price for making key business decisions. Tata Chemicals has committed to set a science based target (SBT). Tata Steel and Tata Chemicals have started using an internal carbon price for their capex approval process.
- Tata Chemicals plans to build Tata Group’s first industrial-scale carbon capture, utilization, and storage (CCUS) demonstration plant to trap emissions for use in sodium carbonate manufacturing. The £16.7 million ($21.2 million) project will be located at the company’s Northwich industrial site in Cheshire, England, and should start operations in 2021.
- The Group has fully embraced this challenge as it looks to harness innovation to radically cut emissions across the wide variety of sectors it operates in, including steel, power, automobiles, chemicals, hospitality, consumer businesses, and information and communications technology.
- As part of its drive toward renewable energy, Tata Power developed the world’s largest rooftop solar system of 12 megawatts (MW) for Radha Soami Satsang Beas Educational and Environmental Society, Punjab, India, and commissioned India’s largest vertical solar farm for Dell in Bangalore.
- Tata Steel, which is one of the world’s 10 largest steel companies by volume, has set an ambitious target to set the global industry benchmark in CO2 emissions by 2025.
- Tata Motors – India’s largest automobile manufacturer – is seeking to cut its emissions and enable customers to join the effort by developing cutting-edge electric vehicles. In 2016, Tata Motors joined the RE100 initiative and committed to transition to 100% renewable electricity. Tata Motors is utilizing ~60 MW of renewable energy and plans to add another 9.5 MW of solar power in 2019, taking the cumulative renewable capacity to ~70 MW.
For more information, visit http://www.tatasustainability.com/.