Tata Motors has major plans to achieve Net Zero goals

Tata Motors has adopted a holistic approach towards Net Zero. The company is embedding sustainability into its business by focusing on the three interconnected pillars of driving decarbonisation of its businesses and value chain, applying a systemic circular economy approach to reducere source consumption and waste, along with preserving and restoring the natural environment.

The company’s sustainability goals are aligned with the global climate change mitigation targets, and the company follows universally accepted guidelines and commitments like the Science Based Targets Initiative (SBTi) and RE100 to reach these goals. The way it operate is reflective of its pioneering objective of enabling a greater number of individuals to access and utilise clean mobility solutions. Considerable investments have been made in renewable energy sources, innovations in emissions reduction technologies, sustainable materials and circular processes.

DRIVING NET ZERO

• Aims to achieve net zero targets for PV business by 2040 and CV business by 2045

• Committed to a comprehensive decarbonisation strategy based on Science Based Targets (SBTi)

• Developed a roadmap for transitioning to 100% renewable electricity, across our operations by the end of the decade.

• Through its Energy Conservation ('ENCON') projects, the company contributed to energy savings of 34.42 lakh kWh electricity and 23,098 GJ of fuel, resulting into avoided emission of 5220 tCO2e and cost savings of `4.89 crores to the Company.

• The company generates renewable energy (RE) in-house through solar PV (photovoltaic) installations, off-site captive wind farms and through procurement of off-site wind and solar power through “Power Purchase Agreements” ('PPA’s'). In FY23, 25.9% of total Electricity used was sourced from renewables.

• Robust product strategy has been adopted for transitioning to a greener portfolio. Product plans involve a whole spectrum of clean alternatives–across Battery Electric Vehicles, Hydrogen Fuel Cell Vehicles and Hydrogen ICE Vehicles.

PIONEERING A CIRCULAR ECONOMY:

• In advanced stages of creating a Tata Motors framework to cover all aspects of circularity across the company including materials, water and waste.

• Demonstrated its holistic commitment towards sustainable mobility with the launch of “Re.Wi.Re – Recycle with Respect” to facilitate the safe recycling of End-of-life Vehicles(ELV). There are two active RVSFs in Jaipur and Bhubaneshwar, with a combined capacity to disassemble 25,000 end-of-life vehicles safely and sustainably each year

• Operational circularity:

 Zero Waste to Landfill by 2030:

• I n FY23, the Company sustained its efforts across plants to divert hazardous waste from landfill / incineration and derive value from the same. Several Plants divert hazardous wastes for energy recovery through co-processing at cement plants.

•Water Neutral by 2030 and Water Positive by 2040:

• In FY23, the Company conserved a total of 8,09,036.3 lakh m3 of water through recycling effluent and rainwater harvesting, which is 21% of total water consumption.

• Two of the company’s plants achieved Water Neutral certification inFY23 and remaining Plants are working towards achieving the same.

• Product circularity

• With the launch of TML Smart City Mobility Solutions Limited (TSCMSL), Tata Motors intends to bring specific focus to its EV segment as a service offering across its CV portfolio. A diverse portfolio of commercial  vehicles is being offered under a supply, operate and maintain model. So far the e-bus fleets has clocked 70 million cumulative miles. MoUs with Delhi Transport Corporation and Bengaluru Metropolitan Transport Corporation for the deployment of 1,500 and 921 buses, respectively, have been signed.