Company Profile: Tata GroupWe Mean Business coalition
Tata Group is one of India’s largest and most diverse conglomerates, with annual revenues of over $110 billion. The group has more than 30 companies, employing over 700,000 people, operating in over 100 countries across a wide variety of sectors including steel, power, automobiles, chemicals, hospitality, consumer businesses, information and communication technology.
- Tata Power has a target of achieving 40% of its power generation through non fossil sources by 2025. It has also committed to stop building new coal-fired power plants going forward.
- Tata Chemicals has a goal to make a 20% reduction in the carbon intensity of all its products by 2020 and is committed to setting a science-based target with the Science Based Targets initiative.
- Tata Motors has a target to be 100% renewable by 2030 and 50% by 2022, with RE100.
- Tata Steel has set an ambitious target to be the global benchmark for steel in terms of CO2 emissions – <2tCO2/tcs – by 2025.
- Tata Housing has taken target to abate the carbon footprint of previous year by 10% year on year.
- Tata Communication aims to be carbon neutral by 2022, including sourcing 100% renewable energy.
- Tata Sons Limited is committed to improving water security, reporting climate change information and responsible corporate engagement in climate policy, through the We Mean Business coalition’s Take Action campaign.
- While Tata Motors’ electricity consumption increased by 3.3% in 2017-18, indirect (Scope 2) emissions decreased by 2.1% on the previous year due to the increase in the share of renewable energy – from 16.3% to 20.76%.
- Tata Motors’ energy and greenhouse gas (GHG) emission intensity per vehicle produced decreased by 5.9% in 2017-18, from the previous financial year – to 4.91 GJ/vehicle and 0.71 tonnes of carbon dioxide equivalent (tCO2e) per vehicle, respectively.
- In 2017-18, Tata Motors’ energy reduction initiatives resulted in 86,086 GJ of energy savings and 18,378 tCO2e in emission reduction, thanks to fuel use optimization and electrical energy-saving measures.
- In 2017, Tata Motors sourced 20.8% of energy from renewables (up from 16.3% in the previous year) thanks to direct procurement from offsite grid-connected generators (PPA), purchase from onsite installations owned by a supplier, and self-generation.
- Tata Motors now has total renewable energy installed capacity of 6.11 MW of solar power at five of its manufacturing sites and 21.95 MW of wind power at Pune.
- Tata Power’s current renewable capacity stands at 3,417 MW (32% of total installed capacity). This will grow to 12,000MW by 2028, the company says.
- Tata Power’s Clean energy portfolio grew by 8.8% to 3,417 MW from 2017 to 2018.
- Tata Motors is committed to low-carbon vehicle development. The company invested US$350 million in research and development in 2017 and has launched Tata EVision, an electric concept car.
Cost savings through decarbonisation
- Tata Power Solar increased its revenues by more than two and a half times in just two years, with profits increasing 330% during 2017.
- Tata Power installed Mumbai’s first EV charging station at Vikhroli, in 2017. This was followed by further installations which helped make the city ‘EV Ready’.
- Tata Motors’s wide ranging CSR programme benefited 380,000 people across India, including malnourished children, those looking for work and needing education. 40% of the 380,000 people helped are in the country’s poorest communities.
- In 2017-18, Tata Motors’ total water abstraction decreased by 7.9% from the previous year, largely due to fixing underground water leakages in plants, an increase in rainwater harvesting facilities and effluent recycling. Also, 9.5 m3 of water/vehicle was used – down from 11.31 m3 water/vehicle the previous year.
- Tata Steel Europe is working with other steelmakers in Europe on a major research and development project, ULCOS (ultra-low CO2 steelmaking), to develop breakthrough technologies which can reduce the CO2 emissions produced per tonne of steel by at least 50%.
- Tata Motors launched India’s Starbus Electric and the Starbus Hybrid buses.
- Tata Power’s Green Community campaign focused on ‘Reverse Parenting’ where the children are encouraged to spread awareness and engage their families and society at large to save energy.
- Tata Steel’s ‘Greenfection’ initiative is designed to spread the message of ‘green’ from person to person exponentially.
- To mark World Environment Day, Tata Motors runs more than 570 workshops across India, offering free pollution check camps to all passenger vehicle customers.