India’s leading logistics service provider Mahindra Logistics Ltd announced that Science Based Targets Initiative has validated its target to reduce carbon emissions and the company remains on course to meet its long-term sustainability goals. This achievement of Carbon Reduction Targets has been set in line with the level of reduction needed to limit global warming to 1.5 degree Celsius, as per the Paris Agreement. This is an important milestone towards the company’s ambitious aim of being carbon neutral by 2040. Mahindra Logistics is incidentally the few companies in the logistics sector to get this validation from SBTi and is working towards achieving its sustainable goal by 2040.Mahindra Logistics had signed an agreement with SBTi last year and has managed to accomplish the set standards targeted in the first year. By joining the initiative in 2021, MLL signalled its intention to align its targets to theambitious aim of the Paris Agreement: To limit global temperature rise to 1.5 degree Celsius above preindustrial levels and reach net-zero by 2050 for the best chance of avoiding the worst impacts of climate change.Mahindra Logistics has undertaken several sustainable initiatives, focused on carbon neutrality, circularity and resource conservation. As part of the same, a robust electric ecosystem is developed for its supply chain and enterprise mobility businesses. The company has also been driving adoption of CNG based cargo and mobility vehicles across partner fleets. Additionally, Mahindra Logistics is investing in circularity, energy efficiency and renewable energy and is establishing new facilities which comply with IGBC & LDEED certification standards and aims to have over 1 MW of solar power in its warehouses by the end of FY2022-23.
India’s leading logistics service provider Mahindra Logistics Ltd announced that Science Based Targets Initiative has validated its target to reduce carbon emissions and the company remains on course to meet its long-term sustainability goals. This achievement of Carbon Reduction Targets has been set in line with the level of reduction needed to limit global warming to 1.5 degree Celsius, as per the Paris Agreement. This is an important milestone towards the company’s ambitious aim of being carbon neutral by 2040. Mahindra Logistics is incidentally the few companies in the logistics sector to get this validation from SBTi and is working towards achieving its sustainable goal by 2040.Mahindra Logistics had signed an agreement with SBTi last year and has managed to accomplish the set standards targeted in the first year. By joining the initiative in 2021, MLL signalled its intention to align its targets to theambitious aim of the Paris Agreement: To limit global temperature rise to 1.5 degree Celsius above preindustrial levels and reach net-zero by 2050 for the best chance of avoiding the worst impacts of climate change.Mahindra Logistics has undertaken several sustainable initiatives, focused on carbon neutrality, circularity and resource conservation. As part of the same, a robust electric ecosystem is developed for its supply chain and enterprise mobility businesses. The company has also been driving adoption of CNG based cargo and mobility vehicles across partner fleets. Additionally, Mahindra Logistics is investing in circularity, energy efficiency and renewable energy and is establishing new facilities which comply with IGBC & LDEED certification standards and aims to have over 1 MW of solar power in its warehouses by the end of FY2022-23.
