Birla Cellulose, the pulp and fibre business of Grasim Industries Ltd. a flagship company of the Aditya Birla Group, announced its goal to bring down its net carbon emissions to zero across all its operations by 2040, with a possibility to reach it earlier by 2035.
The company also targets to reduce its greenhouse gas (GHG) emissions intensity to half by 2030 from the baseline of 2019.
Sharing his thoughts on the announcement, H K Agarwal, Managing Director Grasim Industries Ltd and Business Director, Birla Cellulose said, “This is a natural progression in Birla Cellulose’s global leadership in the area of sustainability. Birla Cellulose’s climate target is at the core of its 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 roadmap would include increased use of renewable energy in its processes, investment in innovative low emission technologies, net positive carbon sequestration in its managed forests, and a sharp focus on circular fashion.
Currently, around 40% of the energy for the global operations of Birla Cellulose comes from renewable sources.