Hitachi ABB Power Grids today announced Sustainability 2030 – its strategic plan under which it has outlined its main commitments to act and drive business in a sustainable way.
As a first step, the company expects to have moved to 100% fossil-free electricity by the end of 2021. It has also announced a target to halve CO2 emissions along the value chain by 2030 and is working closely with suppliers to achieve this. Other 2030 planet-oriented targets include halving waste disposed and reducing freshwater usage by 25%.
“We see ourselves as a key enabler of a sustainable energy future and are playing our part in the fight against global warming,” said N Venu, Managing Director and CEO of Hitachi ABB Power Grids in India. “To get closer toward a carbon-neutral future, means that we have to start by strengthening our own environmental, social and governance practices. Electricity will be the backbone of the entire energy system and we are working on electrified, reliable, and decarbonized operations and products.”
The company aims to be at the front of enabling the clean energy transition for its customers too with revolutionary technologies like electric-bus fast-charging. Recently, it tied up with Ashok Leyland under an e-bus pilot at IIT Madras campus to support sustainable in-campus commuting for students and staff. It expects the pilot to be running in a couple of months from now.
Under the project, Hitachi ABB Power Grids will provide its innovative flash-charging technology for the e-bus provided by Ashok Leyland. IIT Madras will host the infrastructure required to operate the flash-charging system for the e-bus.
Headquartered in Switzerland, Hitachi ABB Power Grids serves utility, industry and infrastructure customers across the value chain, and emerging areas like sustainable mobility, smart cities, energy storage and data centers. The company prides itself on making in India for India and the world for over six decades. More than 80% of its portfolio today is locally manufactured.
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