Flipkart Group commits to reaching net zero carbon emissions by 2040
Walmart-owned Flipkart Group aims to reach net zero carbon emissions across its larger value chain by 2040 and across its own business operations by 2030 by embracing renewable energy and implementing a number of sustainable directives.
Methods the business will employ to reduce its own carbon emissions by 100% in the coming eight years include powering its energy requirements through renewable energy such as solar and increasing energy efficiency at both its corporate office and throughout its supply chain facilities. The business’ decarbonisation pathway will focus on positive collaboration and building a responsible value chain, Flipkart said in a statement, ET Bureau reported.
As the majority of Flipkart’s climate impact currently comes from its extended supply chain, according to the business, it will work with its partners, sellers, and customers to eliminate carbon emissions. The main forms of pollution include transportation of goods and product end-of-life, according to Flipkart.
“As part of our net-zero efforts, our sustainability initiatives will include the larger ecosystem, comprising our sellers, customers, and brands, to bring about an industry-wide shift,” said Flipkart Group’s CEO Kalyan Krishnamurthy in a statement, the Press Trust of India reported. “We recognise the importance of working collaboratively to reduce climate impact and will continue to steer our efforts towards this commitment and to decarbonise the e-commerce value chain.”
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