Recognising that business and sustainability go hand-in-hand, Godrej & Boyce Mfg. Co. Ltd., the flagship company of the Godrej Group, is making an ambitious commitment today to smarter energy use as part of the global EP100 initiative.
EP100 is led by the Climate Group, an international non-profit organisation, in partnership with the Alliance to Save Energy. It brings together over a hundred companies with operations around the world, committed to doing more with less energy.
Godrej & Boyce pledges to double its energy productivity and implement an energy management system (EnMS) by 2030 (FY-17 baseline).
The company has made continuous efforts to lower its energy use through various efficiency measures across its manufacturing plants, such as adopting energy-efficient technologies and replacing inefficient processes.
Godrej & Boyce is also aiming at reducing the carbon intensity of its operations by 60% by the year 2030. The company will pursue low carbon pathways across its businesses by adopting the following steps:
- Implementing an energy management system (EnMS) across the organisation by 2030
- Implementing energy conservation measures & efficiency programmes
- Increasing the share of renewable energy
- Adopting technologies that are energy efficient
Jamshyd Godrej, Chairman and Managing Director, Godrej & Boyce, said, “Our ‘Good & Green’ initiative underscores our deep and abiding belief that innovation and sustainability will promote our journey to decarbonisation, energy efficiency and promotion of a circular economy. We are proud to commit to yet another global cause – the EP100 initiative and help lead the way on smarter energy usage.”
Divya Sharma, India Executive Director, the Climate Group, said, “We congratulate Godrej & Boyce on their leadership on smarter energy use. By joining EP100 and improving their energy productivity, companies lower their emissions and can save millions of dollars annually. As we approach the anniversary of the Paris Agreement, we call on other major businesses to follow their example and help accelerate the clean energy transition.”
As one of India’s oldest businesses, Godrej & Boyce is well-positioned to lead and influence the larger business community in India. The company set up India’s first net-zero carbon building under the Indian Green Building Council (IGBC) rating system and partnered with the World Green Building Council to promote net-zero buildings across the Asia-Pacific region.