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Tata Motors 2023 Sustainability Factsheet – EQ

Tata Motors 2023 Sustainability Factsheet – EQ

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Tata Motors has adopted a holistic approach towards Net Zero. We are embedding sustainability into our business by focusing on the three interconnected pillars ofdriving decarbonisation of our businesses and value chain,applying a systemic circular economy approach to reduceresource consumption and waste, along with preserving and restoring our natural environment.

Our sustainability goals are aligned with the global climate changemitigation targets, and we follow universally accepted guidelines and commitments like the Science Based Targets Initiative (SBTi) and RE100to reach these goals. The way we operate is reflective of our pioneeringobjective of enabling a greater number of individuals to access and utiliseclean mobility solutions. Considerable investments have been made inrenewable energy sources, innovations in emissions reduction technologies,sustainable materials and circular processes. Link to our Annual Report for FY23 – (https://www.tatamotors.com/investors/annual-reports/)

DRIVING NET ZERO

• Aims to achieve net zero targets for our PV business by 2040 and CV business by 2045
• Committed to a comprehensive decarbonisation strategy based on Science Based Targets (SBTi)
• Developed a roadmap for transitioning to 100% renewable electricity, across our operations by the end of the decade.
• Through its EnergyConservation (‘ENCON’) projects, the company contributed to energy savings of 34.42 lakh kWh electricity and 23,098 GJ of fuel, resulting into avoided emission of 5220 tCO2e and cost savings of `4.89 crores to the Company.
• The Company generates renewable energy (RE) in-house through solar PV (photovoltaic) installations, off-site captive wind farms and through procurement of off-site wind and solar power through “Power Purchase Agreements” (‘PPA’s’). In FY23, 25.9% of total Electricity used was sourced from renewables.
• Robust product strategy has been adopted for transitioning to a greener portfolio. Our product plans involve a whole spectrum of clean alternatives–across Battery Electric Vehicles, Hydrogen Fuel Cell Vehicles andHydrogen ICE Vehicles.

PIONEERING A CIRCULAR ECONOMY:

• In advanced stages of creating a Tata Motors framework to cover all aspects of circularity across the company including materials, water and waste.
• Demonstrated its holistic commitment towards sustainable mobility with the launch of “Re.Wi.Re – Recycle with Respect”to facilitate the safe recycling of End-of-life Vehicles(ELV). There are two active RVSFs in Jaipur and Bhubaneshwar, with a combined capacity to disassemble 25,000 end-of-life vehicles safely and sustainably each year
• Operational circularity:

Zero Waste to Landfill by 2030:

  •  In FY23, the Company sustained its efforts across Plants to divert hazardous waste from landfill / incineration and derive value from the same. Several Plants divert hazardous wastes for energy recovery throughco-processing at cement plants.

Water Neutral by 2030 and Water Positive by 2040:

  • In FY23, the Company conserved a total of 8,09,036.3 lakh m3 of water through recycling effluent and rainwater harvesting, which is 21% of total water consumption.
  • Two of our Plants achieved Water Neutral certification inFY23 and remaining Plants are working towardsachieving the same.

• Product circularity

  • With the launch of TML Smart City Mobility Solutions Limited (TSCMSL), Tata Motors intends to bring specific focus to its EV segment as a service offering across its CV portfolio. A diverse portfolio of commercial vehicles are being offered under a supply, operate and maintain model. So far the e-bus fleets has clocked 70 million cumulative miles. MoUs with Delhi Transport Corporation and Bengaluru Metropolitan Transport Corporation for the deployment of 1,500 and 921 buses, respectively, have been signed.

PRESERVING NATURE AND BIODIVERSITY:

• Aligned to Global BiodiversityFramework
• Driven by scientific principles, to map and settargets across our value chain
• Taking up flagship projects for Nature-based-Solutions
• Currently conducting extensive biodiversity baseline studies at our plant sites to enhance ourefforts in biodiversity and nature conservation.
• Wetlands developed at our Operations for optimal resourcemanagement and habitat creation

Awards / Recognition received:

1. Jamshedpur Plant won the top position in Energy Intensive Group at the 15th CII ENCON Awards 2022, organised by CII Eastern Region.
2. Pune Plant won 23rd “CII – National Award for Excellence in Energy Management-2022
3. Tata Motorswas awarded a ‘Low Risk’ ESG Risk Rating from Sustainalytics with a score of 17.1, the fourth lowest rating out of over 75 companies in the Automotive Sub-Industry
4. Tata Motors won the Occupational Health and Safety Gold category award at the OHSSAI 7th Annual HSE Excellence & Sustainability convention by OHSSAI Foundation
5. Manufacturing facility in Lucknow has been certified as “Water Positive” & facility in Pantnagar has been certified “Water Neutral” by CII-GBC in FY23.

Anand Gupta Editor - EQ Int'l Media Network