Grasim Industries Ltd.

BSE: 500300 | NSE: GRASIM
Large Cap | Diversified
2808.50
12.35 (0.44%)
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Grasim Industries’ pulp & fibre business aims ‘Net Zero Carbon emissions across all its operations by 2040’

Date: 31-01-2022

Birla Cellulose, the pulp and fibre business of Grasim Industries, is planning to bring down its net carbon emissions to zero across all its operations by 2040, with a possibility to reach it earlier by 2035. This is the most ambitious target set by any company in the Man-made cellulosic fibre (MMCF) industry globally.

The company also targets to reduce its greenhouse gas (GHG) emissions intensity to half by 2030 from the baseline of 2019. Birla Cellulose’s commitment to carbon neutrality and GHG reductions includes scope 1, scope 2, scope 3 emissions, and the carbon sequestration in managed forests and are derived using science-based methods.

Grasim Industries is the flagship company of the Aditya Birla Group. The company’s businesses comprise viscose staple fibre, cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.