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JK Tyre & Industries aims to become carbon net zero company by 2050: Report

30 Dec 2022 Evaluate

JK Tyre & Industries is reportedly aiming to become carbon net zero company by 2050. The company’s Greenhouse Gas (GHG) reduction has been over 57% in past eight years. The company’s focus is to work on substituting energy needs with renewable sources. The company is taking efforts to cut energy consumption and achieved 53% of energy through renewable sources. It aims to cross 75% in the next five years.

JK Tyre & Industries is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments that includes Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and Tractors.

Peers
Company Name CMP
MRF 123000.00
Apollo Tyres 403.95
JK Tyres & Inds. 333.45
Ceat 3284.75
Balkrishna Inds. 1995.60
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