Mahindra Susten receives SBTi approval for climate commitment targets

SBTi has endorsed Mahindra Susten’s the clean-tech arm of the Mahindra Group's commitment to reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions 51.8% by FY30, from a FY21 base year. 

Autocar Pro News Desk By Autocar Pro News Desk calendar 21 Jan 2025 Views icon1115 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
 Mahindra Susten receives SBTi approval for climate commitment targets

Mahindra Susten, the clean-tech arm of the Mahindra Group has secured approval from the SBTi for its near-term climate commitment targets, becoming the fourth independent power producer to obtain this approval. 

SBTi has endorsed Mahindra Susten, s commitment to reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions 51.8% by FY30, from a FY21 base year. 

Susten also commits to reduce scope 3 GHG emissions 51.6% per megawatt peak (MWp) over the same period. These targets align with the Paris Agreement’s goal to limit global temperature rise to 1.5°C.

Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature. The corporate climate action organisation defines and promotes best practice in science-based target setting and independently assesses companies’ targets.

“We have already achieved 100% water positivity, ensuring we replenish more water than we consume, and obtained a Zero-Waste-to-Landfill certification for our 1.5 GWp developed portfolio by rigorously reducing and recycling material waste," said Deepak Thakur, MD & CEO, Mahindra Susten. He added that the company has taken steps to assess ESG practices of key suppliers. 
 

RELATED ARTICLES
TVS Motor Company Partners with Gujarat Tourism for Rann Utsav

auther Sarthak Mahajan calendar15 Feb 2025

TVS introduces motorcycle-focused activities at Gujarat's annual desert festival, combining traditional cultural experie...

JK Tyre President of India Operations Steps Down

auther Sarthak Mahajan calendar15 Feb 2025

Anuj Kathuria steps down as President (India) of JK Tyre, with the company confirming his resignation in a regulatory fi...

Mahindra's XEV 9e and BE 6 Electric SUVs Record 30,179 First-Day Bookings

auther Sarthak Mahajan calendar14 Feb 2025

Indian automaker Mahindra's new electric SUV models, the XEV 9e and BE 6, secure bookings worth ₹8,472 crores on opening...