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Updated On: 24-Dec-2024 08:40 AM
IPM India reduces carbon emissions through eco-friendly CNG and electric vehicles, aiming for net-zero emissions by 2040.
IPM India Logistics is making significant progress in reducing carbon emissions by using CNG and electric vehicles in its fleet. The company has already cut over 30 tonnes of CO2 emissions since introducing these eco-friendly commercial vehicles in Delhi-NCR and Mumbai.
IPM India Wholesale Trading, a subsidiary of Philip Morris International (PMI), is enhancing its sustainable logistics network across India. Over the past year, the company’s efforts have successfully reduced 684 tonnes of CO2 emissions. This is part of a broader strategy to transition to greener, more sustainable logistics practices by FY2025.
PMI, a leading global tobacco company, is focusing on sustainability across its operations. The company plans to achieve net-zero carbon emissions by 2040, integrating cleaner technologies and optimizing its supply chains. PMI’s efforts align with India’s National Action Plan on Climate Change (NAPCC), which encourages the use of renewable energy and sustainability initiatives.
IPM India has added CNG trucks and electric commercial vehicles to its logistics fleet to reduce carbon emissions. These vehicles alone have helped cut over 30 tonnes of CO2 emissions in key areas like Delhi-NCR and Mumbai. This initiative is a major step toward cleaner, more sustainable logistics.
In addition to greener vehicles, IPM India has shifted 70% of its non-tobacco product sourcing from air freight to more eco-friendly sea and land transport. This shift will help reduce an additional 654 tonnes of CO2 emissions by March 2025.
Navaneel Kar, Managing Director of IPM India, commented, “Sustainability and business performance go hand in hand. Our sustainable logistics network is a reflection of our core values. We are proud to drive positive change and create long-term value through innovation and sustainability.”
Divya Vanshika, Head of Operations at IPM India, added, “Investing in a sustainable logistics network is crucial for our business and society. We are committed to supporting India's journey toward a carbon-neutral future, in line with the government’s focus on sustainability.”
IPM India Wholesale Trading is a partnership between Philip Morris Brands Sarl of Switzerland, Godfrey Phillips India Limited, and K.K. Modi Investment & Financial Services. As part of PMI's global sustainability efforts, IPM India continues to implement eco-friendly practices in its operations, driving the company's goal toward a carbon-neutral future.
By introducing greener transport solutions and streamlining its supply chain, IPM India is making impressive strides in reducing carbon emissions and building a more sustainable logistics network.
IPM India is making significant strides in sustainability by reducing carbon emissions through the use of CNG and electric vehicles in its logistics fleet. With a clear focus on achieving net-zero emissions by 2040, the company is also optimizing its supply chain to further reduce CO2 emissions, contributing to a cleaner and more sustainable future for both business and society.
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