Tata Motors Partners with UN-Backed LeadIT initiative to bolster transition towards net zero emissions
As a member of LeadIT, Tata Motors will be able to harness the power of global best practices, influence policy-making, and together with other members strengthen its climate action plans.
Tata Motors has partnered with the Leadership Group for Industry Transition (LeadIT), a global alliance launched by the governments of Sweden and India at the UN Climate Action Summit in September 2019.
As a member of LeadIT, Tata Motors will be able to harness the power of global best practices, influence policy-making, and together with other members strengthen its climate action plans, thereby accelerating its transition towards net-zero emissions, the press release noted.
SJR Kutty, Vice President and Chief Sustainability Officer, Tata Motors, said, "Our pledge to attain net-zero emissions across our Passenger Vehicles (PV) business by 2040, and our Commercial Vehicles (CV) business by 2045, is a testament to our commitment to a greener future. Joining forces with LeadIT propels us closer to these ambitious goals, facilitating our journey towards sustainable transformation."
Romina Pourmokhtari, Minister for Climate and the Environment, Sweden and Co-Chair of LeadIT, said, “This membership signals an important commitment to net zero from a leading global manufacturer in the supply chain. Industry is driving the green industrial transformation here in Sweden and we hope to inspire change globally. I look forward to seeing Tata Motors in our group of leading partners."
Tata Motors has already installed 109 MW of renewable energy capacity and plans to add ~300 MW in the next three years to become a RE100 company. Over the past 3 years, Tata Motors has reduced its Scope 1+2 emissions intensity by 44% and is pioneering the electric and zero emissions vehicle revolution along with a host of low-emissions alternate powertrain options to enable deep decarbonisation in its Scope 3 emissions, the press release noted.
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