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Volvo Group is committed to becoming a climate neutral company by 2040, this includes its supply chain & global suppliers from India. As a key milestone in this journey, Volvo Group in India today launched the First Green Castings that will go into building its engines.
The green castings from India will include bearing caps and bearing housing for select Volvo engines. This is the first step. However, just these two parts translate to 8500 Tons CO2 reduction for Volvo. When fully implemented, the impact of this initiative would be much higher. Assuming the industry adopts this approach, this could amount to 210 million tons of annual CO2 emission reductions across Global Foundries.
The castings being produced in India are certified by the Confederation of Indian Industry – Green Products & Services Council. As per the definition, the manufacturing of Green Casting involves the elimination of toxic chemicals and elements, has zero carbon footprint, uses minimal resources, where products can be recycled and reused, and comes with eco-friendly packaging.
These Green Castings, which will be produced by Brakes India, utilize scrap, alloys, and raw materials which are 100% radioactive elements free. It involves recycling of 100% metallic scrap generated by other industries to manufacture a usable product. The plant will operate on 100% green power from solar and wind energy.
Speaking at the occasion, Kamal Bali, President & Managing Director, Volvo Group in India, said, “At Volvo Group, we are proud to be playing a vital role in shaping the future of the transportation industry. India is a home base for the Group and we not only ‘Make in India’, but also design, process, sell and source from India to the world. In line with our global sustainability targets and ambitions, our aim is to create an environment that is safe and sustainable for future generations – while being immersed in advanced technology that goes into making world-leading commercial vehicles. Green Casting has the potential to kick-start a revolution in the casting manufacturing process for a sustainable future.
India is a crucial supply for the global casting needs of Volvo Group, thus this is a significant step.Read more
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