FMCG major Hindustan Unilever (HUL) today said it has fixed a target of 25 per cent reduction in carbon footprint by 2012.
"We are very committed towards environment sustainability. HUL and its parent company Unilever both have fixed a target of 25 per cent reduction in carbon footprint, taking 2004 as the base level by 2012," HUL CEO Nitin Paranjpe told reporters on the sidelines of India Economic Summit.
HUL has already achieved the level and the company is now working towards water conservation, he said.
Two-third of power plants in India are zero affluent discharge and four of them are already water positive (recharging more water than one can use).
The company has already prepared a roadmap in this direction for 2015, Paranjpe said while declining to comment further.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app