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Sterlite Technologies adopts Science-based Targets initiative

06 Mar 2023 Evaluate

In a bid to further increase its sustainability efforts, Sterlite Technologies (STL) has adopted Science-based Targets initiative (SBTi), for more transparent and granular carbon monitoring, control, and disclosure. STL is now among the 0.01% of the Indian companies that have committed to SBTi. This underscores the company’s bold ambition to become Net-Zero by 2030 and drive towards UN Sustainable Development Goals.

Since STL announced its Net-Zero ambition, the company has accomplished some significant milestones. 8 out of STL’s 11 global plants are now Zero Waste and 6 are Zero Liquid Discharge plants. STL has increased indigenous sustainable procurement in cable manufacturing from 55% in FY21 to 61% in FY22 and recycled over 1,45,000 m3 of water at its facilities.

Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.

Peers
Company Name CMP
Polycab India 8400.00
KEI Industries 4679.50
RR Kabel Ltd. 2527.00
Finolex Cables 1460.40
Precision Wire India 502.25
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