Indus Towers

Indus Towers's reported carbon emissions

Indus Towers, headquartered in India, has established significant climate commitments, including a long-term goal to achieve net-zero greenhouse gas emissions across its value chain by 2050. For the fiscal year 2024, Indus Towers reported total emissions of approximately 3.21 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions amounted to about 724.1 million kg CO2e, Scope 2 emissions were approximately 6.22 billion kg CO2e, and Scope 3 emissions totalled around 2.46 billion kg CO2e. In the previous year, 2023, total emissions were approximately 8.38 billion kg CO2e, comprising Scope 1 emissions of about 802.5 million kg CO2e, Scope 2 emissions of approximately 5.57 billion kg CO2e, and Scope 3 emissions of about 2.08 billion kg CO2e. Further detailing their climate strategy, Indus Towers has made commitments through the Science Based Targets initiative (SBTi). They aim to reduce absolute Scope 1 greenhouse gas emissions by 50.4% by 2032, using 2022 as the base year. Similarly, absolute Scope 2 GHG emissions are targeted for a 50.4% reduction by 2032 from the same 2022 base year. Looking towards longer-term goals, the company has committed to a 90% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2050, also from a 2022 baseline. Additionally, Indus Towers aims to achieve a 90% reduction in absolute Scope 3 GHG emissions by 2050, with 2023 as the base year. These targets are aligned with limiting global warming to 1.5°C.