Grasim Industries, Birla Cellulose aims to reduce its net carbon emissions to zero across all its operations by 2035
02 February 2022, Mumbai:
Pulp and fiber business of Grasim Industries, Birla Cellulose aims to reduce its net carbon emissions to zero across all its operations by 2035. As per a Textile Value Chain report, the company also aims to reduce its greenhouse gas (GHG) emissions intensity to half by 2030 from the baseline of 2019.
Birla Cellulose’s commitment to carbon neutrality and GHG reductions includes scope 1, scope 2, scope 3 emissions, and the carbon sequestration in managed forests and are derived using science-based methods. Birla Cellulose’s net-zero announcement aligns with the United Nations Sustainable Development Goals (SDGs) 7 & 13 on climate change and affordable and clean energy.
HK Agarwal, Managing Director Grasim Industries and Business Director, Birla Cellulose says, climate target is at the core of their business strategy that aims to address climate change-related risks and adapt to changing consumer preferences for more sustainable, nature-based, and low emission products.
The company aims to increase use of renewable energy in its processes, invest in innovative low emission technologies, target net positive carbon sequestration in its managed forests, and focus on circular fashion.
Currently, around 40 per cent of the energy for global operations of Birla Cellulose comes from renewable sources. In addition to this, in an assessment carried by E&Y in 2019, the carbon sequestered in its directly managed forests exceeded the entire scope 1 and scope 2 emissions from global sites during the year.
Birla Cellulose leads the industry in sustainability practices such as sustainable forestry (ranked #1 in Canopy Hot Button Ranking 2021) and has set the industry benchmark for the lowest water intensity for viscose and lyocell production.
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