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Mahindra News
Mahindra Susten receives SBTi approval for its near-term science-based emissions reduction target
By FY30, Susten commits to reduce absolute Scope 1 & 2 GHG emissions by 51.8%. Scope 3 emissions to drop 51.6% per MWp within the same timeframe.
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Mahindra Susten, the clean-tech arm of the Mahindra Group, has secured approval from the Science Based Targets initiative (SBTi) for its near-term climate commitment targets. This extraordinary achievement is a testament to Susten’s pursuit of excellence and steadfast commitment to a sustainable future.
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.
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, positioning Susten as a critical player in the global fight against climate change.
“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.
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