Mumbai, February 12, 2024 – In a move that’s sparking joy among environmentalists and car enthusiasts alike, Tata Motors, the titan of tarmac, has teamed up with the Leadership Group for Industry Transition (LeadIT), a green dream team initiated by Sweden and India at the UN Climate Action Summit. This collaboration isn’t just about shaking hands and planting trees; it’s about propelling Tata Motors at full throttle towards a future where their vehicles emit nothing but good vibes.
SJR Kutty, Tata Motors’ Vice President and Chief Sustainability Officer, couldn’t hide his excitement, saying, “We’re revving up our engines with LeadIT by our side, steering towards a future where our Passenger Vehicles business will be net-zero by 2040, and our Commercial Vehicles will follow by 2045. It’s not just about reaching our destination but enjoying the green journey there.”
Romina Pourmokhtari, Sweden’s Minister for Climate and the Environment and Co-Chair of LeadIT, shared her enthusiasm, emphasizing that Tata Motors’ membership sends a powerful message of commitment to net zero. “It’s like putting the pedal to the metal on the green industrial revolution, not just in Sweden but globally. We’re thrilled to have Tata Motors join our band of eco-warriors.”
Tata Motors is not just talking the talk; they’re walking the walk – or, in this case, driving the drive. With a garage boasting 109 MW of renewable energy capacity and plans to add around 300 MW more, they’re speeding towards becoming a RE100 company. Their emissions have taken a backseat, dropping by 44% in intensity over the last three years, as they lead the charge in electric and zero-emissions vehicles, along with exploring low-emission alternatives.
But it’s not all about what comes out of the tailpipe. Tata Motors is circling back to the environment with TATVA, their Circular Economy framework, ensuring that their vehicles leave as little mark on the planet as possible. Their Re.Wi.Re facilities are at the forefront of this, ensuring that the end of a vehicle’s life is just as green as its beginning. They’re also making waves with their water stewardship, achieving water-neutral or positive status at three of their plants and integrating nature and biodiversity into their business strategy.
In this high-octane drive towards a sustainable future, Tata Motors is not just on the fast track to reducing emissions; they’re setting the pace for the entire industry, proving that the road to net zero is not just a possibility but an exhilarating journey.