Toyota Kirloskar Motor recognized by Ministry of New and Renewable Energy for Energy Compact Goals submission

#TKM #ToyotaKirloskarMotor #MNRE #EnergyCompactGoals

Source: Toyota Kirloskar Motor

“Through various energy initiatives, TKM has successfully achieved 100% renewable energy in Grid Electricity from June 2021, which includes TKM Manufacturing Plant at Bidadi and Onsite Supplier Companies, resulting in a carbon offset of over 2.7 lakh tons. - Raju B Ketkale, EVP, Manufacturing, TKM

February 2022 : : Toyota Kirloskar Motor (TKM) was recently felicitated with the Certificate of Recognition for the submission of Energy Compact (EC) goals and continued commitment to enhance its energy efficiency initiatives, by The Ministry of New & Renewable Energy (MNRE) in collaboration with CEEW- Council on Energy, Environment and Water, as a part of the ongoing celebration for Azadi Ka Amrit Mahotsav on the eve of India's 75th year of Independence in Delhi.

The Energy Compact submitted by TKM served as an input to present India’s Energy Transition at UN High Level Dialogue on Energy and at COP26. TKM has adopted various risk mitigating measures through Toyota Environment Challenge 2050 towards creating a net positive impact on the planet and society.

In line with the Toyota Environment Challenges 2050, TKM has developed an excellent energy-based strategic approach aiming to achieve zero carbon emissions in its manufacturing sites. TKM has been continuously and rapidly shifting from non-renewable to renewable sources of energy across its business operations. It is moving towards renewable energy and has 8.2 MW solar capacity installed inside TKM premises and 18 MW offsite installation (which is exclusive for TKM). TKM aims to further excel by utilizing the Renewable Energy verticals to promote and scale up energy efficient practices across the supply chain, and also Toyota Ecozone, an outdoor experiential learning centre to enrich the knowledge and create awareness amongst all stakeholder groups.

Expressing delight on receiving the certificate, Raju B Ketkale, Executive Vice President, Manufacturing, TKM said, “We are extremely honoured and pleased that our endeavours in reducing energy consumption towards CO2 reduction are well acknowledged. TKM has invested enormous efforts to significantly improve energy efficiency, by reducing and monitoring daily energy consumption in all its operational processes. Through various energy initiatives, TKM has successfully achieved 100% renewable energy in Grid Electricity from June 2021, which includes TKM Manufacturing Plant at Bidadi and Onsite Supplier Companies, resulting in a carbon offset of over 2.7 lakh tons.

As a pioneer in green mobility solutions, Toyota is leading the way towards a better tomorrow and has always put an emphasis on environmentally sustainable solutions in everything we do, be it material sourcing, manufacturing, or sales & services. We are also expanding our learnings and initiatives across our value chain (Supplier, Dealer & Logistic Partner), thus making a larger impact on carbon footprint reduction. As we strive to ensure energy efficiency, this comes as an inspiration to further improve our processes to harness the energy sources.”

Needless to mention, we are also working towards rapid introduction of a full range of green vehicle technologies that includes electrified vehicles (xEVs) in support of national objectives including the reduction of consumption & carbon emissions, and fast pacing mass electrification with a focus on ‘Make in India’.”

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