Bengaluru: India’s homegrown e-commerce marketplace Flipkart commits to 100% renewable electricity by 2030. With this commitment, Flipkart has claimed to become the first Indian e-commerce company to pledge to 100% renewable power by 2030. Flipkart will source 100% of its electricity needs from renewable sources to run its entire operations by 2030.
Flipkart commits to 100% renewable power by 2030
As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, a collaboration of the world’s most influential businesses committed to 100% renewable electricity. In alignment with its net zero commitments of reducing the Scope 1 and 2 climate change impacts by 2030. Already, Flipkart is meeting 14% of its electricity requirements from renewable sources against the baseline consumption of CY 2021.
The Flipkart Group said that through a focused approach and structured adoption of existing instruments like rooftop solar (RTS), open access, and evolving market instruments in coming times, it has planned to achieve the ambitious target of sourcing 100% renewable energy by 2030.
“For the Flipkart Group, it has been a concerted priority to integrate sustainable practices across its operations. In the past two years, we have made consistent efforts and have expressed our unwavering intent to tackle climate change with bold ambition and decisive action and we continue to do so,” said Rajneesh Kumar, Flipkart’s Chief Corporate Affairs Officer.
“Being the first Indian e-commerce group to commit to 100% renewable electricity by 2030 and to join RE100, Flipkart looks forward to working in collaboration with this global cohort of influential companies, led by Climate Group,” added Kumar.
Further, “Our commitment to RE100 aligns with our net-zero target and our mission to drive positive climate action. With this step, we are further ready to learn and innovate climate solutions to accelerate action and also to support the ambition of the Indian government to achieve 500 GW RE by 2030,” said Kumar.
“We’re delighted to welcome Flipkart to RE100. By leading the adoption of renewable electricity in the Indian e-commerce sector, Flipkart has set a powerful example for businesses to step up their ambition and action toward clean energy targets,” said Atul Mudaliar, Head of Business Action, India – Climate Group.