First Indian Port To Sign Up For Science Based Targets Initiative

Question : The First Indian Port To Sign Up For Science Based Targets Initiative (SBTi) —
(a) Adani Ports and Special economic Zone Limited (APSEZ)
(b) Jawahar lal Nehru port trust
(c) Vishakhapattnam port
(d) None of the above
Answer : (a)
Related facts

  • Adani Ports and Special Economic Zone Ltd (APSEZ) has recently (July 2020) signed up for the Science-Based Targets initiative (SBTi) becoming the first Indian port to commit to set science-based emissions reduction targets — across their entire value chain — that are consistent with keeping global warming to 1.5°C above pre-industrial levels.
  • APSEZ is the only Port in the country and 7th Port in the world to sign the commitment letter to SBTi.
  • APSEZ has also signed commitment as a supporter to the Taskforce on Climate Related Financial Disclosure (TCFD).
  • The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
  • The SBTi defines and promotes best practices in science-based target setting and independently assesses companies’ targets. Over 800 companies have committed to set science-based emissions reduction targets.

By — Pankaj Pandey.

Link:
https://www.adaniports.com/Newsroom/Media-Releases/2020_07_22-APSEZ-SBTi