Home-grown automaker Tata Motors has joined 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 the alliance, the company will work towards accelerating its shift towards net-zero emissions by harnessing the power of global best practices, influence policy-making, and strengthening its climate action plans.
The move comes as Tata Motors embraces sustainability as a business transformation with significant progress in zero-emission products, renewable energy, circular economy, water neutrality and biodiversity. The company 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 three years, the auto manufacturer 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. The idea is to enable deep decarbonisation in its Scope 3 emissions.
Tata Motors has pledged to attain net-zero emissions across its Passenger Vehicles (PV) business by 2040, and its Commercial Vehicles (CV) business by 2045. “Joining forces with LeadIT propels us closer to these ambitious goals, facilitating our journey towards sustainable transformation. This collaboration will not only expedite our own transition but also catalyse a climate for change within the automotive industry. We eagerly anticipate working alongside other pioneering companies within LeadIT, creating a dynamic ecosystem of shared insights and collective advancement,” said SJR Kutty, Vice President and Chief Sustainability Officer, Tata Motors.
Meanwhile, the company has been working on its circular economy framework, called Tatva. It is working across Materials, Energy, Lifetime and Utilization pathways of its products for a holistic transformation. The company has also established five Re.Wi.Re facilities across various cities in order to extract maximum value while leaving minimal footprint at the end of a vehicle’s lifecycle. It has a dedicated water stewardship, achieving water-neutral or positive status at three of its plants. Further, it is integrating nature and biodiversity into its business strategy to conserve habitats around its operating sites.