ITC Surpasses 2030 Renewable Energy Goal In 2023-24 – EQ
In Short : ITC has exceeded its 2030 renewable energy goal ahead of schedule in 2023-24. This achievement highlights the company’s commitment to sustainable practices and positions it as a leader in renewable energy adoption.
In Detail : ITC has made significant investments in renewable energy sources, including biomass, wind, and solar. It has also taken a number of energy-saving steps, such as installing energy-efficient lighting and equipment
ITC Limited has announced that it will surpass its 2030 renewable energy target in fiscal year 2023-24, seven years ahead of schedule. Over 50 percent of the company’s total energy requirements are now met by renewable sources, indicating a significant step forward in its sustainability journey.
“This achievement demonstrates our unwavering commitment to sustainability and our vision of a low-carbon future,” a spokesperson for ITC stated. “We have made significant progress in reducing our environmental footprint across all of our businesses, and we are proud to lead the green building movement.”
ITC has made significant investments in renewable energy sources, including biomass, wind, and solar. It has also taken a number of energy-saving steps, such as installing energy-efficient lighting and equipment.
“We are committed to sourcing 100 percent of our purchased grid electricity from renewable sources by 2030,” the spokesperson stated. “We believe that this is good for both the environment and business.”
In addition to its efforts in renewable energy, ITC has made significant strides in lowering greenhouse gas emissions and water consumption.
“We are committed to being responsible corporate citizens and having a positive impact on society,” the spokesperson stated. “We believe that sustainability is critical to long-term business success.”