Lodha commits to setting science-based targets for emissions reduction
May 16, 2022 | By LODHA
Lodha, announces its commitment to set carbon emissions targets in line with climate science with the Science Based Targets initiative. This announcement is further to Lodha’s pledge on this World Environment Day to go carbon neutral by 2035.
Commenting on the announcement, Raunika Malhotra, President – Marketing and Corporate Communications, Lodha said, “With a commitment to provide a better Earth to our future generations, we established a North star goal of becoming carbon neutral by 2035 and now taking a step ahead with setting science-based targets for reducing significant emissions."
Science-based targets give a clear roadmap for companies to reduce greenhouse gas (GHG) emissions, thereby helping avert climate catastrophe and safeguarding businesses from climate risks. The goal of halving the Greenhouse Gas emissions by 2030 and reaching net-zero by 2050 is critical for all stakeholders. This will bring the necessary awareness in the industry and the workforce – thereby causing a chain reaction and fostering innovation in the space, which can accelerate the solutions to abate emissions.