Hyundai Motor India commits to reach RE100 benchmark by 2025, targeting 100% use of Renewable Energy

Hyundai Motor India Limited (HMIL) has reiterated its dedication to sustainability by setting a goal to achieve the RE100 benchmark by 2025. The company, currently meeting 64% of its energy needs through renewable sources, aims to become one of the frontrunners among automakers in India to reach 100%. The RE100 initiative, led by the Climate Group, unites businesses globally committed to utilizing 100% renewable electricity.

Emphasis on Sustainability and Energy Conservation

Mr. Gopala Krishnan CS, Chief Manufacturing Officer at HMIL, underscores Hyundai’s strong focus on sustainability and environmental responsibility. The company’s sustainability initiatives encompass carbon neutrality, energy transition, circularity, clean technology products, operational eco-efficiency, and natural capital conservation. The ‘Integrated Solutions to Climate Change’ initiative outlines Hyundai’s path to achieve carbon neutrality by 2045.

Robust and Innovative Energy Management Systems

HMIL’s Energy Management System is robust, incorporating low-carbon practices and innovative approaches to reduce emissions across its value chain. Noteworthy practices include a complete transition to LED lighting, thermo-ceramic coating on furnaces, waste heat recovery, and other measures that have resulted in significant energy conservation.

Reduction in Carbon Emissions

Hyundai actively monitors and seeks to reduce both direct and indirect carbon emissions in its manufacturing process. The company has invested in a 10 MW rooftop solar plant, strategically purchasing green power to increase its renewable energy portfolio to 64%. HMIL has successfully reduced CO2 emissions by 102,060 tonnes and aims for a further reduction of 161,940 tonnes in the next five years.

Efficient Water Management

For water management, HMIL has implemented a zero liquid discharge system, utilizing six reservoirs for rainwater harvesting, fulfilling 50% of its water requirements. The company has achieved 80% water neutrality through recycled RO water and received accolades for water efficiency at industry summits.

Management of Harmful Substances

HMIL is committed to minimizing and responsibly managing harmful substances in its products and operations, adhering to domestic laws and global standards. Initiatives such as screw press filters have resulted in significant reductions in hazardous and non-hazardous waste over the past five years.

Expanding EV Line-up

As part of its 10-year investment plan, Hyundai is focusing on expanding its electric vehicle (EV) range and enhancing existing car and SUV platforms. The company is set to invest over Rs. 32,000 crores in the next decade, demonstrating a commitment to sustainable transportation.

Dedication to ESG and Building a Sustainable Future

With a strong commitment to Environmental, Social, and Governance (ESG) principles, HMIL is actively contributing to building a sustainable future, viewing it as a responsibility for the next generation and a fundamental right for everyone. Hyundai aims to lead positive action for a better tomorrow.

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