Tata Motors announced on Feb 12 that it has joined the Leadership Group for Industry Transition (LeadIT), a global alliance formed by the governments of Sweden and India at the UN Climate Action Summit in September 2019. As a member of LeadIT, the automaker will be able to leverage the power of global best practices, influence policymaking, and strengthen climate action plans alongside other members, accelerating the transition to net-zero emissions.
"Our pledge to achieve net-zero emissions in our Passenger Vehicles (PV) business by 2040 and Commercial Vehicles (CV) business by 2045 demonstrates our commitment to a greener future," Tata Motors Vice President and Chief Sustainability Officer SJR Kutty said in a statement.
Joining forces with LeadIT brings the automaker closer to its ambitious goals, facilitating a path to long-term transformation, he added.
Romina Pourmokhtari, Sweden's Minister for Climate and the Environment and Co-Chair of LeadIT, stated that the membership represents a significant commitment to net-zero from a major global manufacturer in the supply chain.
"Demand signals are crucial for the transformation of our industry. Fostering dialogues and strengthening partnerships in areas where transition challenges need to be addressed is core to achieving reduced climate emissions," she added.