In India, Hitachi ABB Power Grids unveiled a comprehensive plan to reach carbon-neutrality objectives in its own operations by 2030, confirming its commitment to a sustainable energy future. In the meanwhile, the Company is mobilizing resources to protect workers and assist India’s COVID-19 relief operations.
The pioneering technology leader is taking a three-dimensional approach to decarbonization, contributing to the push to ‘build back better.’ The initiative aims to lower the carbon footprint of the company’s activities as well as the products it provides. The program’s purpose is to promote access to inexpensive and clean energy, which is in line with India’s Mission ‘Innovation’ and the United Nations’ Sustainable Development Goal 7.
By the end of FY22, the Company aims to have reached its carbon-neutral goal of 100 percent fossil-free power. It’s also electrifying its business to save money in the next years. Additional 2030 goals include a 50% reduction in CO2 emissions across the value chain and the use of greenhouse gas-free technology.
Two further aims are a 50 percent decrease in trash creation and a 25 percent decrease in freshwater consumption during the following ten years. It intends to minimize carbon emissions for the benefit of the environment and society by taking a more systematic approach to corporate growth. “We regard ourselves as a vital facilitator of a sustainable energy future and are playing our part in the battle against global warming,” said N Venu, Managing Director, and CEO of Hitachi ABB Power Grids in India.
“To move closer to a carbon-free future, we must first develop our own environmental, social, and governance policies. We’re focusing on electrified, dependable, and decarbonized processes and goods since electricity will be the backbone of the whole energy system. We remain at the forefront of aiding the sustainable energy transition with solutions like our unique electric-bus fast-charging technology,” Venu continued.