State-owned gas utility GAIL (India) Ltd said it has advanced the target to achieve net zero carbon emission by five years to 2035 as it takes a multi-prolonged approach to reaching the goal.
The company was previously targeting net zero carbon emissions by 2040. GAIL Board accorded approval to advance its net zero targets for Scope-I and 2 emissions by five years, from the year 2040 to the year 2035.
Scope 1 covers emissions from sources that an organisation owns or controls directly — for example from burning fuel in factories or even in its fleet of vehicles.
Scope 2 are emissions that a company causes indirectly and come from where the energy it purchases and uses. For example, the emissions caused when generating electricity.
GAIL plans to achieve this ambitious goal through a strategic approach involving electrification of natural gas-based equipment, renewable energy, battery energy storage systems (BESS), compressed biogas (CBG), green hydrogen, CO2 valorization initiatives and afforestation.
The revised target underscores GAIL’s proactive stance in mitigating climate change impacts and contributing towards a cleaner environment, the statement said but did not give details of the measures it plans to undertake.
Tags: Emission, GAIL, NetZero
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