Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Tata Motors has collaborated with the Leadership Group for Industry Transition (LeadIT), a global alliance initiated by governments of Sweden and India at the UN Climate Action Summit in September 2019.
As a member of LeadIT, the auto major will be able to harness the power of global best practices, influence policy-making, and together with other members strengthen climate action plans, thereby accelerating transition towards net-zero emissions.
"Our pledge to attain net-zero emissions across our Passenger Vehicles (PV) business by 2040, and our Commercial Vehicles (CV) business by 2045, is a testament to our commitment to a greener future," Tata Motors Vice President and Chief Sustainability Officer SJR Kutty said in a statement.
Joining forces with LeadIT propels the automaker closer to these ambitious goals, facilitating a journey towards sustainable transformation, he added.
Sweden's Minister for Climate and the Environment and Co-Chair of LeadIT, Romina Pourmokhtari said the membership signals an important commitment to net-zero from a leading global manufacturer in the supply chain.
"Demand signals are crucial for the transformation of our industry. Fostering dialogues and strengthening partnerships in areas where transition challenges need to be addressed is core to achieving reduced climate emissions," she added.
Also Read : Scindia will inaugurate Jindal Stainless's 1st green hydrogen place on Feb 27 JSW Group in talks with Volkswagen for EV joint venture in India
Jindal Stainless Ltd (JSL) supplied a high-end steel grade for the Indian Railways' Vande Metro trai...
Large Corporate 15-May-2024
Shyam Metalics & Energy revealed its bold move into a greenfield growth project centred on alumi...
Mid Corporate 21-Mar-2024
France's steel industry faced a significant slowdown as production fell by 12.8% in January compared...
Business 28-Feb-2025
GAIL (India) Ltd, a state-run natural gas provider, intends to launch its first green hydrogen proje...
Renewables 18-Apr-2024
India plans to protest the European Union's proposed carbon tax on imports of steel, iron ore and ce...
Business 08-Feb-2024
Thailand aims to begin producing lithium from a mine in its southwest in about two years, enhancing...
Asia 24-Jan-2024