
Monthly Update22 Apr 2025, 06:52 pm
Marico Targets 93% Clean Energy Usage by 2030, Tripling Renewable Usage Since 2017
AI Summary
Marico Limited, an Indian FMCG giant, has reaffirmed its commitment to sustainability with a target of 93% renewable energy usage by 2030. The company began its journey to transition towards clean energy in 2017 and has since made significant strides in its sustainability journey. Marico has doubled its usage of renewable energy to currently meeting 67.4% of its operational energy requirements through clean energy sources. The Jalgaon unit of Marico has signed a Green Energy Agreement with MSEDCL to start sourcing 100% green energy. Marico aims to reduce direct GHG emissions by 93% and offset the remaining 7% through sequestration and carbon offset by 2030.
Key Highlights
- Marico targets 93% renewable energy usage by 2030
- Company began its clean energy journey in 2017
- Marico has doubled its renewable energy usage to 67.4%
- Jalgaon unit signs Green Energy Agreement with MSEDCL
- Marico aims to reduce direct GHG emissions by 93% by 2030