28 June 2022, Mumbai:
India’s homegrown internet ecosystem, Flipkart aims to decarbonize operations by 2030 and the larger value chain by 2040.
The company aims to conform with the global Science-based Targets initiative (SBTi) that targets controlling rising global temperature to below 1.5 degrees Celsius per the Paris Climate Agreement.
As a part of this commitment, Flipkart will reduce 100 percent emissions in its own operations by 2030.
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This will be achieved by increasing energy efficiency at its corporate office, and supply chain facilities, and powering its energy requirements through renewable sources such as solar.
The e-commerce major will also work with sellers, consumers, and partners to achieve net-zero emissions by 2040. It will focus on developing a sustainable platform to drive consumer awareness and initiatives to support sustainable products while creating circular business models.
It will also look to create a responsible value chain, through electrification of logistics, incorporating renewable energy, environment-friendly packaging, waste management initiatives, responsible sourcing in business practices, the establishment of green infrastructure, and supplier engagement and seller education.
The company will encourage positive collaborations and industry partnerships to develop innovative solutions for creating a sustainable e-commerce model for climate change mitigation and adaptation.
It has collaborated with initiatives such as the Climate group’s EV100 initiative to deploy 25,000 electric vehicles across the country by 2030, and not-for-profit environmental organisation, Canopy, for responsible sourcing of sustainable packaging and man-made cellulosic fibres to offer sustainable products to millions of customers among other initiatives.
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