Automakers ramp up sustainable initiatives to reduce GHG emissions
Category: #energy-and-environment  By Pranali Mehta  Date: 2022-04-20
  • share
  • Twitter
  • Facebook
  • LinkedIn
Automakers ramp up sustainable initiatives to reduce GHG emissions

Automotive industry players across the globe are aggressively scaling up initiatives to boost renewable energy adoption while encouraging suppliers to curb emissions and reduce carbon footprint of the sector.

Automakers are leveraging large manufacturing facilities to address the bigger challenge – dealing with tailpipe emissions of vehicles sold – by deploying solar panels for generating captive renewable energy.  

Rahul Bharti, Executive Director of Corporate Affairs at Maruti Suzuki, recently announced that the automaker is ramping up its captive solar power generation to 26 MW, which was only 1MW four years ago and is boosting railway use for curbing logistics-emissions.

Meanwhile, Mahindra & Mahindra (M&M) is competitively assessing an internal carbon price for better decision-making in business, according to the Executive Director for Auto & Farm sectors at Mahindra Group, Rajesh Jejurikar.

As a part of a new project, M&M will examine pricing model of $10/ton of CO2 to ensure that the cost-effective but high-polluting alternatives do not overpower the sustainable options despite their expensive nature.

Critical challenges in addressing carbon footprint goals

Despite the ongoing efforts of automakers, realistic reduction in carbon footprint needs companies to review overall emissions including the tailpipe emissions, as per the framework deployed by Greenhouse Gas (GHG) Protocol.

Any organization must consider carbon footprint driven by both direct as well as indirect emissions throughout the product life cycles, its supply chain, and the energy used.

2021 sustainability report of Volkswagen AG indicated that tailpipe GHG emissions accounted for the company’s three-quarters of overall emissions, while Daimler noted that 80% of its total emissions in 2020 were contributed from the use phase of its manufactured vehicles.

Even though automakers are focusing on initiatives to reduce tailpipe emissions to comply with government mandates like BS-VI, experts believe cleaner vehicle technologies such as hydrogen fuel cell vehicles or EVs to be the real game changers.

Source Credit: https://vervetimes.com/automakers-speed-up-drive-to-reduce-carbon-footprint/

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta

Pranali Mehta    

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

RedBrick AI backed by Sequoia India & Surge in $4.6 million funding
RedBrick AI backed by Sequoia India & Surge in $4.6 million funding
By Pranali Mehta

RedBrick AI, the health-tech startup has reportedly raised $4.6 million in a funding round, which was led by Sequoia India and Southeast Asia’s Surge. According to reports, this fund will be used to expand the market for RedBrick’s medica...

UK increases borrowing as energy support starts and economy declines
UK increases borrowing as energy support starts and economy declines
By Pranali Mehta

The UK has reportedly increased its borrowings as government assistance with energy costs and the effects of a weak economy led to an increase in the UK public debt last month to the fourth highest level for an October on record. Office for Nation...

China signs one of its biggest, longest LNG deals ever with Qatar
China signs one of its biggest, longest LNG deals ever with Qatar
By Pranali Mehta

China inked a historic agreement worth US$ 60 billion to buy liquified natural gas (LNG) from Qatar as the largest economy in the world seeks to boost its energy security efforts for decades. Qatar Energy will supply Sinopec around 4 million tonne...