Tech Mahindra Signs UN Global Compact Initiative Statement On Climate Action - GADGET-INNOVATIONS

GADGET-INNOVATIONS

Updates On Latest Technology, Innovations, Apps, Softwares, Mobiles, Computing, Gadgets, Appliances, Fashion, Healthcare, Auto & Many Others......

Post Top Ad

Tech Mahindra Signs UN Global Compact Initiative Statement On Climate Action

Share This



Reiterates commitment towards carbon neutrality and calls for a net-zero recovery from Covid-19



Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business reengineering services has signed a joint declaration with UN Global Compact urging governments to align their COVID-19 recovery efforts with the latest climate science.


Tech Mahindra reaffirms the science-based commitment of achieving net-zero carbon emissions while calling on governments to “prioritize a faster and fairer transition from a grey to a green economy.” By moving towards a zero-carbon resilient economy, Tech Mahindra aims to reduce carbon footprint, emissions and will conserve energy using new-age technologies like internet of things, artificial intelligence and blockchain. Furthermore, an internal Carbon Price of $10/ton CO2 has also been implemented by the company to boost green investments and have also adopted a low emission technology path to increase the use of renewable energy from 1.7% in 2016 to 18% in 2020. Moreover, Tech Mahindra has also taken targets to increase the renewable source of energy to 50% by 2025.


Tech Mahindra has joined 155 global companies in calling for policies that will build resilience against future shocks by supporting efforts to hold global temperature rise to within 1.5°C above pre-industrial levels, in line with reaching net-zero emissions well before 2050. The statement comes as governments around the world are preparing trillions of dollars’ worth of stimulus packages to help economies recover from the impacts of the coronavirus pandemic, and as they prepare to submit enhanced national climate plans under the Paris Agreement.


The United Nations Global Compact has stated that the 155 signatories span across 34 sectors and have a combined market capitalization of more than $2.4 trillion, representing 5 million employees. The business voices are convened by the Science Based Targets initiative (SBTi) and its Business Ambition for 1.5°C campaign partners, the UN Global Compact and the We Mean Business coalition.


Tech Mahindra also works closely with partners and customers to help them increase energy savings, digitize and automate operations and create collaborative work environments addressing the need for sustainable practices. This includes solutions like Micro Grid as a Service, Smart city solutions, Smart grid, Smart Data Hubs, Smart Street light, Smart bin, Smart Energy Management, Smart metering and analytics, IEVCS (Intelligent Electric Vehicle Charging System) and CAPE (Community Action Platform for Energy).






New Delhi – June 5, 2020



Youtube

Post Bottom Ad