IMTEX 2023

IMTEX concludes its 20th edition at Bangalore International Exhibition Centre

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“WE ARE AGGRESSIVE ON ACHIEVING NET NEGATIVE BY 2040” 
Anil Kumar, Managing Director, Ceratizit India

Tell us about your company’s plan to go Net- Zero by 2025.

Sustainability and reducing carbon footprint are the core mission of our company. We aim to go carbon neutral by 2025 and net negative by 2040. Our company has already started taking steps from 2020 onwards to achieve them. Globally, the target to achieve Net Zero is 2050; however, we are aggressive on achieving net negative by 2040, which is no less than a challenge.

The company will be going carbon neutral and net negative in stages. By 2025, we will reduce our carbon footprint almost by 35 per cent. With this, we will become carbon neutral. By 2030, we will again reduce the footprint by 65 per cent. Furthermore, by 2040, it will be brought down by 75 to 90 per cent. So this is how we aim to become net negative.

In the first stage, we are working on making our raw materials sustainably. Right now, we are using virgin powder and the elements from the earth and processing them, which consumes a lot of energy. As a result, we have invested in recycling plants in Europe and US. This way, we are already recycling the carbide, and the energy consumption is less as compared to processing the virgin powder, which reduces our carbon footprint to a great extent.

We have introduced green carbide to make rods, and with this, we have utilised almost 78 per cent less carbon. So, it is almost 4.4 against 19 Kg of carbon. Our customers are using these green carbide-made rods to make tools, and in turn, they drastically reduce their carbon footprint.