Question – Which company aims to reach net-zero greenhouse gas emissions by 2040 ?
(A) Wipro
(B) Infosys
(C) TCS
(D) None of the above
Answer – (A)
Related facts
- IT major Wipro has recently (April 2021) said it aims to achieve Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5 C.
- Wipro, while unveiling its pledge on Earth Day, also set an intermediate goal of reducing GHG emissions to 55 percent of absolute emission levels by 2030 compared to their base year of 2016–17 (April – March).
- These goals are based on the globally accepted Science Based Targets initiative (SBTi) and reflect the deep decarbonisation and operational changes Wipro will drive within its value chain to achieve Net-Zero within 2040.
- The primary levers of decarbonisation drive are improving energy efficiency of facilities for a sustained reduction in energy consumption, increasing use of renewable energy in owned facilities in India through private power purchase agreements and captive solar power, and combining behavioural, technological, and collaborative approaches that help reduce the carbon footprint of air travel, commuting and purchased goods and services.
- It is notable that Wipro has steadily reduced its energy, water, waste footprint, and bio-diversity impact over the last two decades, and remains steadfast in its commitment to a more sustainable, just and equitable society.