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Corporate net zero goals backed by data, governance and sustainability KPIs: Industry leaders at ET India Net Zero Forum 2025
Corporate net zero goals backed by data, governance and sustainability KPIs: Industry leaders at ET India Net Zero Forum 2025

Time of India

time18-06-2025

  • Business
  • Time of India

Corporate net zero goals backed by data, governance and sustainability KPIs: Industry leaders at ET India Net Zero Forum 2025

New Delhi: Top Indian and multinational firms are embedding ESG and net zero targets into core operations, backed by measurable key performance indicators and structured governance, company executives said at the ET India Net Zero Forum 2025. Ankit Todi, Chief Sustainability Officer, Mahindra Group, said, 'The conversation on sustainability and net zero differs across sectors, but for us, it began with a simple question—how do we build planet-positive businesses? At Mahindra, that means integrating emission reduction, water conservation, waste management and material circularity into our core operations. We've been water positive since 2014, and aim for zero waste to landfill across all sites.' He added, 'We are focused on making our manufacturing as well as non-manufacturing sites zero waste and also undertake circularity of materials utilised. Sustainability measures should not be looked upon as expense.' Taruna Saxena, Head of Sustainability & Societal Initiatives, Nestlé India, said the company began its net zero journey in 2020 with a 2050 target. 'It is backed by strong governance, internal carbon pricing, and task forces across high-emission areas. Sustainability is now embedded into our global operations and tracked quarterly through clear KPIs,' she said. 'We set a target to cut emissions by 20% from our 2018 baseline by 2025—and we've already achieved it globally, despite strong market growth. Now, we're working toward a 50% reduction by 2030, closely monitoring progress across all markets,' Saxena said. She also noted that Nestlé has created sustainability cadres across business units and follows an operational master plan. Arvind Talan, Chief Financial Officer, Energy Efficiency Services, said growing awareness is being matched by action. 'Offshore wind was unheard of in India, but we now have our first 500 MW tender. Nuclear energy too has received a boost, with over ₹20,000 crore earmarked in the recent budget. These are capital-intensive areas, but the intent is clear—public and private sectors are coming together, and I'm confident we'll achieve our target of net zero 2070.' Ranjan Kumar, Director - Legal, Sustainability & Corporate Affairs, SKF India, said that integrating net zero targets into the company's ESG framework helps drive impact. 'In our net zero journey at SKF, we focus on three key metrics—carbon emissions, energy efficiency, and renewable conversion. We've aligned these with global standards like RE100, ISO 50001, and GHG protocols. This alignment strengthens our data, enabling informed decisions and building stakeholder confidence.' He added, 'ESG compliance is a strongly data supported framework. ESG framework which is data driven helps us take informed decisions which are reliable and accurate.' Ashok Kumar Shrivastava, Centre of Excellence – Head IMS & Sustainability, Reliance Jio Infocomm, said the company has expanded clean energy adoption and waste recycling. 'This year, we recycled 1,655 metric tonnes of non-hazardous waste for energy use and installed 23,600 distributed solar systems, generating 2.18 lakh MWh annually and reducing 5.9 lakh tonnes of CO₂ emissions. Our energy efficiency programme alone saved 1.25 lakh MWh in FY 2023–24,' he said. The panel discussion on 'Integrating ESG with Net-Zero Commitments: Corporate Leadership in a Changing World' showcased how businesses are designing long-term sustainability strategies that are aligned with national climate goals and global reporting standards.

Centerra Gold Publishes 2024 Sustainability Report
Centerra Gold Publishes 2024 Sustainability Report

Yahoo

time05-06-2025

  • Business
  • Yahoo

Centerra Gold Publishes 2024 Sustainability Report

TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Centerra Gold Inc. ('Centerra' or the 'Company') (TSX: CG) (NYSE: CGAU) announces that it has published its 2024 Sustainability Report, which outlines the Company's performance on Environmental, Social and Governance ('ESG') topics. Key highlights and achievements from the report are included below. The full report can be accessed on Centerra's website at: Paul Tomory, President and Chief Executive Officer of Centerra, commented 'At Centerra, we continue to believe that responsible mining is a key driver of long-term value and profitable growth. In 2024, we achieved several key milestones in workplace health and safety, climate and environment, and governance and transparency. Our sustainability reporting continues to evolve, and we are committed to meeting rising expectations through increased transparency and alignment with accepted frameworks and standards.' Environmental Total global scope 1 and 2 greenhouse gas ('GHG') emissions were 137,719 and 34,727 tonnes of carbon dioxide equivalent ('tCO2e'), respectively. Emissions per ounce of gold produced at the Company's two main operating mines, Mount Milligan and Öksüt, was 0.28 tCO2e per ounce, which is well below the sector's weighted average emissions intensity of 0.66 tCO2e per ounce. Centerra continued to implement its climate change strategy with a focus on economically feasible site-level decarbonization initiatives, refining climate risk scenario analysis, and strengthening climate disclosures. Centerra completed a climate resiliency plan outlining key climate physical and transitional risk and opportunities across all operations. Öksüt earned an ISO 50001 energy management system certification and attained certification from the International Cyanide Management Institute, confirming full compliance with the International Cyanide Management Code. Mount Milligan implemented initiatives to improve mine water recycling to reduce freshwater intake volumes, further strengthening recycling and conservation goals. Social Reduced total reportable injury frequency rate to 0.71, down from 0.76 in the prior year. Increased collaboration with Indigenous-owned businesses by 31% to 21 businesses, up from 16 in from 2023 and achieved 19% Indigenous employee representation across British Columbia operations. Local procurement spending across all operating jurisdictions increased by 26% from 2023, for a total of $134 million spent in 2024. Continued global talent management initiatives aimed at identifying and developing future leadership potential. Governance Centerra surpassed its 2026 gender diversity goal for a second year in a row with 38% female representation on the Board of Directors and 33% among officers of the Company. Received independent assurance of conformance with the World Gold Council's Responsible Gold Mining Principles. About Centerra Gold Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra's shares trade on the Toronto Stock Exchange ('TSX') under the symbol CG and on the New York Stock Exchange ('NYSE') under the symbol CGAU. The Company is based in Toronto, Ontario, Canada. For more information: Lisa WilkinsonVice President, Investor Relations & Corporate Communications(416) Additional information on Centerra is available on the Company's website at on SEDAR+ at and EDGAR at

Fine Hygienic Holding's Egypt subsidiary awarded EcoVadis commitment badge for sustainability excellence
Fine Hygienic Holding's Egypt subsidiary awarded EcoVadis commitment badge for sustainability excellence

Zawya

time04-05-2025

  • Business
  • Zawya

Fine Hygienic Holding's Egypt subsidiary awarded EcoVadis commitment badge for sustainability excellence

Cairo, Egypt – Fine Hygienic Holding (FHH), one of the world's leading groups in wellness and hygienic products, is proud to announce that its Egypt subsidiary/plants have been awarded the prestigious EcoVadis Commitment Badge. This accolade underscores the company's strong commitment to sustainability and its ongoing efforts to integrate responsible practices into its operations. The EcoVadis Commitment Badge is a globally recognized award for excellence in sustainability, granted based on rigorous evaluation across key areas including environmental performance, workplace safety, human rights, and ethical procurement. This recognition follows EcoVadis' earlier acknowledgment of FHH's UAE business unit, further solidifying its position as a sustainability leader in the hygiene industry. Commenting on this achievement, Hesham Abouzeina, General Manager of Fine Hygienic Holding in Egypt, said: "We are proud to be the first tissue, jumbo rolls, and diaper manufacturer in Egypt to receive the EcoVadis Commitment Badge. This accomplishment reflects our continued efforts to create value responsibly while aligning our operations with the highest global sustainability standards. We are committed to leading by example and inspiring positive change within our industry." It is worth noting that Fine Hygienic Holding remains focused on setting new benchmarks for sustainability in the sector. This includes the use of natural gas to generate electricity for its factories, and implementing a co-generation project that not only generates electricity, but also provides heat for its drying process, thus reducing CO2 emissions. Additionally, Fine was among the first companies to establish a water treatment plant, the first to sign the UN Global Compact, and has received the Forest Stewardship Council (FSC) certification, the internationally recognized ISO 50001 energy management certificate, the ISO 14001 environmental management systems, and became the first company in Egypt to obtain the Product Environmental Footprint (PEF) certification.​​​​

Simtra BioPharma Solutions Releases First Sustainability Report, Underscoring Commitment to Responsible Growth
Simtra BioPharma Solutions Releases First Sustainability Report, Underscoring Commitment to Responsible Growth

Malaysian Reserve

time01-05-2025

  • Business
  • Malaysian Reserve

Simtra BioPharma Solutions Releases First Sustainability Report, Underscoring Commitment to Responsible Growth

PARSIPPANY, N.J., May 1, 2025 /PRNewswire/ — Simtra BioPharma Solutions, a leading contract development and manufacturing organization (CDMO) specializing in sterile injectables, today announced the publication of its inaugural Sustainability Report for the year ended December 31, 2024. 'Since becoming an independent company in 2023, environmental, social and governance-related matters have played a vital role in shaping the way we do business, supporting our employees, our customers, and engaging with our local communities,' said Franco Negron, CEO of Simtra BioPharma Solutions. 'As such, we are proud to publish our first full-length Sustainability Report.' Key highlights of the 2024 report include: Conducted its first greenhouse gas (GHG) emissions inventory and set waste reduction goals aligned with ISO 14001 and ISO 50001 certifications, utilizing modern equipment to ensure sustainable and efficient operations. Recycled 51% of its waste across manufacturing sites and offset approximately 1,400 tons of CO2 from solar panels installed at the Germany site. Grew employee base by 26% and revamped onboarding and training programs. Completed more than 430 supplier diligence checks; became EcoVadis rated. Established a dedicated Sustainability Committee to oversee progress and drive initiatives across the organization. 'This report is a starting point,' said James Garrett, General Counsel and Chief Compliance Officer of Simtra BioPharma Solutions. 'It shows where we are today, where we need to go, and how we will hold ourselves accountable as we build the premier CDMO for injectable products.' To learn more about Simtra BioPharma Solutions' commitment to sustainability, view the full report here: Simtra Sustainability Report 2024 About Simtra BioPharma Solutions As the premier, independently owned Contract Development Manufacturing Organization with more than 65 years of sterile injectable manufacturing expertise, Simtra BioPharma Solutions offers world-class cGMP sterile fill and finish, technical expertise, quality service, and a uniquely collaborative approach to support our customers' strategic objectives. For more information, visit

OPAZ, OQAE ink pact to drive energy efficiency in Oman's industrial hubs
OPAZ, OQAE ink pact to drive energy efficiency in Oman's industrial hubs

Observer

time29-04-2025

  • Business
  • Observer

OPAZ, OQAE ink pact to drive energy efficiency in Oman's industrial hubs

MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed yesterday, April 29, a Memorandum of Cooperation with OQ Alternative Energy (OQAE) to implement an Energy Excellence Programme. This initiative is part of efforts to reduce carbon emissions in economic zones, free zones and industrial cities, and to support the implementation of the national strategy to achieve net-zero carbon emissions by 2050. The memorandum also aims to explore potential cooperation opportunities in identifying and implementing energy efficiency initiatives and related certifications. The Memorandum of Cooperation was signed on behalf of OPAZ by Eng Ahmed bin Hassan al Dheeb, Deputy Chairman of OPAZ, and on behalf of OQAE by Najla al Jamali, CEO of OAQE. The areas of cooperation under the memorandum include providing support and consultancy services for energy efficiency assessments and decarbonisation of certain technical and non-technical assets owned by the Public Authority for Special Economic Zones and Free Zones; identifying and implementing energy efficiency improvement projects through performance contracting if both parties wish; supporting and advising the Authority on obtaining ISO 50001 certification in energy management; and providing consultancy services for developing an energy strategy for OPAZ. Eng Mazin bin Mansour al Balushi, Head of the Technical Studies Section at the Public Authority, stated that the Authority places great importance on environmental preservation and carbon emission reduction across the economic zones, free zones, and industrial cities under its supervision. The implementation of the Energy Excellence Programme comes in line with these objectives. He emphasised that the signing of the Memorandum of Cooperation reflects the Authority's commitment to achieving Oman Vision 2040 objectives under the priority area of environment and natural resources. He pointed out that in recent years, the Authority has signed numerous agreements and memoranda of cooperation to establish projects in green hydrogen, green ammonia, green steel, and direct reduced iron, reflecting the Authority's dedication to promoting environmental sustainability in line with national sustainability goals. He further explained that the Energy Excellence Programme will contribute to improving energy usage in the economic zones, free zones and industrial cities, and will have a positive impact on enhancing innovation and developing human capital in the areas under the Authority's supervision. OQAE provides a range of consulting services and solutions in energy efficiency, decarbonisation, and renewable energy for various companies under the OQ Group as well as external clients. Energy Excellence Programmes are among the environmental sustainability initiatives that are receiving growing global attention due to their significant economic and environmental benefits.

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