a responsible and progressive tyre manufacturer, Apollo Tyres, has made further
commitments in the ESG (Environment, Social and Governance) space. The company
has undertaken the following commitments
Commitment to be carbon neutral by 2050; this would entail improving
Scope-1 and Scope-2 emission intensity by 25% by 2026 against baseline year of
Increase in renewable power in total
power share to 25% by 2026
Improve water withdrawal intensity by 25% by 2026 against baseline year of
Commitment to improve its D&I (Diversity and Inclusion) to 12% globally by
Increase usage of sustainable raw material to 40% by 2030
about the defined targets Neeraj Kanwar, Vice Chairman & MD, Apollo Tyres
Ltd, said “With an aspiration to be carbon neutral by 2050, we are working
towards creating climate-resilient operations. Dedicated teams and investments
are being made in energy saving initiatives and towards renewable energy to be
prepared for the future and to contribute towards a decarbonised tomorrow.”
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