GAIL Advances Net Zero Emission Target to 2035

02 Jul 2024 CW Team

GAIL (India) Ltd has accelerated its target to achieve net zero emissions by 2035, a significant advancement from its previous goal. This bold move is part of GAIL's comprehensive strategy to address climate change and promote sustainable development within the energy sector.

To meet this ambitious target, GAIL plans to implement a series of measures including enhancing energy efficiency, increasing the use of renewable energy, and investing in carbon capture and storage technologies. The company will also focus on reducing methane emissions across its operations, a critical step given methane's high global warming potential.

Sandeep Kumar Gupta, Chairman and Managing Director of GAIL, emphasised the company's commitment to environmental stewardship. He highlighted that achieving net zero emissions is not only essential for combating climate change but also for ensuring the long-term viability of the business in an evolving energy landscape.

GAIL's strategy includes expanding its renewable energy portfolio, with substantial investments in solar and wind energy projects. The company is also exploring the potential of hydrogen as a clean energy source, aligning with global trends towards the hydrogen economy.

Additionally, GAIL plans to enhance its operational efficiency by adopting advanced technologies and optimising its existing infrastructure. This will involve modernising pipelines and other assets to minimise energy loss and emissions.

The revised target aligns GAIL with global energy companies that are stepping up their climate commitments. By advancing its net zero goal to 2035, GAIL aims to play a pivotal role in India's transition to a low-carbon economy.

This proactive approach not only positions GAIL as a leader in sustainable energy but also reflects its dedication to contributing positively to the environment. The company is poised to make significant strides in reducing its carbon footprint, setting a benchmark for the industry.

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