Pioneering progress

Godrej & Boyce achieves its 'good & green' vision

- LANCELOT JOSEPH

Over the last decade, Godrej & Boyce has invested ₹500 crore towards its 'good & green' initiatives. It is now aiming at a 16 per cent y-o-y increment on the endeavour. As an EP 100 member, "we are committed to reduce 60 per cent of our carbon intensity by 2030," explains Anil G. Verma, ED & CEO, Godrej & Boyce (G&B). "We have already reached the halfway mark of this 2030 goal, offsetting 48 per cent of our carbon footprint in the last 10 years. Energy productivity in the last 10 years too has nearly doubled".

As a part of advancing environmental responsibility, the company is also collaborating with start-ups that are innovating sustainable products. Recently, G&B invested in two US-based start-ups. The first one has developed a new type of battery, based on zinc and manganese, which is well-suited for back-up power in datacentres, as it provides constant power to prevent data corruption. The other start-up has developed a new technology that replaces traditional cooling methods, using solid-state devices that are similar to semiconductors. "We have invested in upskilling our employees with the knowledge and tools they need to develop capabilities. We have a programme called DigiTalks, which is a Masterclass conducted by external experts, who cover crucial areas such as digital analytics, customer experience, etc," adds Verma.