Industry eyes green energy, materials for path to net zero

Green materials and energy are necessary to ensure corporations bring down emissions

- Ayaan Kartik

Senior leaders across sectors such as fast-moving consumer goods (FMCG) and construction believe that companies need to move towards green energy sources and use sustainable raw materials to help reach the net zero emissions target.

Speaking at the Mint Sustainability Summit 2025, executives at companies like ITC, Pernod Ricard India, Larsen & Toubro and iForest discussed how their firms and the industry are trying to use more green energy and materials to ensure that emissions are reduced in their processes.

For the unversed, India has committed to achieve net zero by 2070 with companies starting work to phase out old technologies to reduce emissions.

According to Madhulika Sharma, chief sustainability officer of ITC, decarbonisation and renewable energy use is an opportunity for large companies like ITC as it leads to a reduction in cost.

"This year, we have 52% of our energy coming from renewable sources. It's a combination of electrical energy, which is coming from close to 200 MW of wind and solar that we have, assets that we have been putting up across the country, and also converting most of our few fossil fuel-based boilers to biomass-based boilers," Sharma said.