Schedule a Call Back
JK Tyre becomes India’s first tyre company to join RE100
Industry News- Nov 15,24
The company has set a primary objective to incrementally increase the utilisation of renewable energy by 2-5% annually and has consistently pursued the installation or procurement of green energy sources across its manufacturing facilities.
JK Tyre & Industries, India’s leading tyre manufacturer, has reaffirmed its commitment towards sustainability by joining RE100 and using 100% renewable electricity by 2050.
JK Tyre is the first Indian tyre manufacturer and 16th Indian business to join RE100. To stay on course, the company has set a midterm goal (by FY’30) to reduce its greenhouse gas (GHG) emission intensity by 50% compared to the base financial year 2019. JK Tyre aims to drive sustainable practices within the sector, paving the way towards a carbon-neutral future by not only preparing for future climate regulations but going “Beyond Compliance”.
On joining the RE100 initiative, Dr Raghupati Singhania, Chairman & Managing Director, JK Tyre, said, “Our decision to join RE100 represents our unwavering commitment to environmental responsibility. Under the motto "today for tomorrow," we at JK Tyre believe that a sustainable future requires significant action today. As an environmentally conscious brand, energy efficiency and conservation remain at the top of our priority list. We take pride in joining world leaders in promoting this shift towards renewable energy and look forward to inspiring constructive change in the industry.”
Dr Divya Sharma, India Executive Director, Climate Group, said, “JK Tyre’s decision to procure 100% renewable electricity for their operations by 2050 is a milestone commitment. It shows that renewable electricity can indeed be considered for large scale, intensive manufacturing needs. We welcome them into the RE100 network and look forward to working with them – and to their progress.”
JK Tyre has been able to achieve positive sustainability results year-on-year. The company has set a primary objective to incrementally increase the utilisation of renewable energy by 2-5% annually and has consistently pursued the installation or procurement of green energy sources across its manufacturing facilities. Currently, 40% of the company's energy consumption comes from renewable sources.
The company has also decreased its GHG Emission Intensity by 64% since base year 2013-14. JK Tyre has set a global benchmark in raw water usage at all its manufacturing facilities in India and has made them Zero Liquid Discharge, Zero-Waste-to-landfill as well as free of single-use plastic.
RE100 is a global initiative bringing together the world’s most influential businesses committed to 100% renewable electricity. Led by Climate Group, the initiative has over 400 of the world’s largest and most influential companies as members from diverse industries. RE100 was established in partnership with CDP.
Related Stories
Electrical & Electronics
OMC Power aims 1 GW target, to scale up BESS deployment: Rohit Chandra
In this interview with Rakesh Rao, Rohit Chandra, MD and CEO of OMC Power, highlights the role of the distributed renewable energy sector in driving India’s energy transition.
Read moreElectrical & Electronics
OMC Power Attracts Investment from Honda Motor, Targets 1 GWp RE Capacity
The partnership unites Honda’s technology with OMC’s rural reach to drive a 1 GWp clean energy goal and advance battery repurposing innovation.
Read moreElectrical & Electronics
Juniper Green Adds 64 MWp Renewable Capacity across Gujarat and Maharashtra
Juniper Green Energy commissions ~64 MWp, completing wind and solar projects months ahead of schedule, underscoring its strong execution and clean energy focus.
Read moreRelated Products
Automotive Oil Pump
AUTO COMPONENTS & ACCESSORIES
Kalpak Auto Pvt Ltd offers a wide range of
automotive oil pump.
Tata Motors unveils facilities for development of Hydrogen propulsion tech
AUTO COMPONENTS & ACCESSORIES
Tata Motors, India?s largest automobile company, unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions. The unveilings constitute of Read more
Tata Motors plans petrol powertrain for Harrier and Safari SUVs
AUTO COMPONENTS & ACCESSORIES
Tata Motors is in the process of developing a new petrol powertrain for its premium sports utility vehicles, the Harrier and Safari, as confirmed by a senior company official. Currently, these models Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
