5 Jan 2022 , 04:05 PM
Sterlite Technologies Limited (STL) an industry-leading integrator of digital networks, today announced its commitment to become a carbon-neutral company by 2030. As STL drives digital networks of the future, it is accelerating its efforts towards net-zero manufacturing and sustainable network build strategies.
Recently, at the COP26 Summit, nations discussed the importance of urgent climate action. They have committed to reducing emissions and limiting the average annual temperature rise to 1.5 degree. According to estimates, the Internet and supporting network components account for ~3.7% of global greenhouse emissions.
As a global technology company, STL aims towards creating digital networks that are green and sustainable. Keeping this in view, STL has outlined a 20-year roadmap to deliver on its commitment towards its sustainability and social goals and achieve UN SDGs:
Commenting on STL’s sustainability initiatives, Ankit Agarwal, MD, STL, said: “As STL continues to transform billions of lives through digital networks, mainstreaming climate control actions is at the core of our business practises. We have taken giant strides towards implementing our environmental impact programmes through zero waste to landfill, sustainable sourcing, water positivity and much more. We will continue to aggressively invest in becoming a carbonneutral company through various energy efficiency initiatives.”
Sterlite Technologies Ltd ended at Rs280.25 per share down by Rs0.85 or 0.3% from its previous closing of Rs281.10 per share on the BSE.
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