NE BUSINESS BUREAU
NEW DELHI, DEC 30
JK Tyre on Thursday said with a mission to be the “Greenest Company” under the Sun, it has set a benchmark for becoming a carbon neutral by 2050. The company- which features among the top 3 tyre makers globally in terms of least energy consumed while producing a finished tyre – has commenced efforts to reduce energy consumption and achieved 53% of energy through renewable sources. JK Tyre targets to increase this proportion to cross 75% in next 5 years.
- The company’s GHG reduction has been over 57% in the last eight years
- JK Tyre environment stewardship is driven by goals of zero waste to landfill, single use plastic and zero effluent discharge as well as reduced water use.
“JK Tyre is continually striving to achieve efficiency in each of the areas towards sustainability goals for 2030. As one of the greenest tyre manufacturers, JK Tyre follows a low-carbon strategy, which also forms the basis of our future growth. Our GHG reduction has been over 57% in the last eight years and we aim to be carbon neutral by 2050”, the company said in a statement.
The recent testament of efforts in this direction is the recognition given by the leading rating agency “CareEdge”, which has rated the company in the leadership position and has assigned the “Very Good” rating, with “Best in Class” in Tyre Industry.
The company believes in producing more with less, which is the foundation of environmental responsibility and is working on reducing energy intensity, greenhouse gas emissions. Furthermore, it is also extensively evaluating new greener, thus, sustainable materials and processes. JK Tyre environment stewardship is driven by goals of zero waste to landfill, single use plastic and zero effluent discharge as well as reduced water use. It is working towards, alignment with the United Nations Sustainable Development Goals, including those on human rights, anti-corruption and upholding of labour interests.
Dr Raghupati Singhania, Chairman & Managing Director – JK Tyre & Industries Ltd. said, “The company’s focus is to work on substituting energy needs with renewable sources. In this direction JK Tyre is meeting its fair amount of thermal energy requirement through other sources replacing coal. All these efforts have significantly curbed the carbon emission in its processes and enabled to reduce the emission intensity by almost 57% in last 8 years to meet the aim of being the greenest company. JK Tyre is now amongst the most energy efficient tyre manufacturers in the world”.
