Adani Ports and Special Economic Zone Ltd (APSEZ) has become the first Indian port to sign the Science-Based Targets initiative (SBTi). After signing up for the SBTi, APSEZ has committed to set up science-based emissions reduction targets across their entire value chain. These targets would be consistent with keeping global warming to 1.5°C above pre-industrial levels.
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The Science-Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). It encourages the best practices in science-based target setting and independently evaluates the companies’ targets. APSEZ has join the group of 43 Indian companies who have signed a commitment letter to SBTi.
Important takeaways for all competitive exams:
- Chief Executive Officer of Adani Ports and Special Economic Zone Ltd: Karan Adani.
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