Tamilnadu Petro ropes in EY-Parthenon to drive carbon-neutral initiatives

Tamilnadu Petro ropes in EY-Parthenon to drive carbon-neutral initiatives

Upgraded – April 24, 2024 at 08:32 PM.|
Chennai

TPL is a leading producer of commercial intermediate chemicals such as direct alkylbenzene (LAB), caustic soda, and propylene oxide

TPL is taking actions to add to environment modification goals and accept ecologically mindful practices in its operations|Image Credit: Gerra Madhusudan

Tamilnadu Petroproducts Ltd (TPL) has actually selected EY-Parthenon, a method consultancy company, to drive its carbon-neutral and sustainability objectives.

EY-Parthenon will help in building a roadmap to understand and deal with greenhouse gas (GHG) emissions. The 40-year-old TPL intends to develop internal decrease targets constant with the Science-Based Targets effort (SBTi) and develop an emission decrease strategy mainly for scope 1 and 2 emissions.

By executing interventions such as tidy energy replacement, procedure effectiveness enhancement, circularity, and digital automation, the Company intends to move towards its objective of carbon-neutral production.

Environment modification goals

“TPL is taking proactive actions to add to environment modification goals and accept ecologically mindful practices in its operations. Our cooperation with EY-Parthenon represents an intentional relocation towards this goal with a clinical, quantifiable, and time-bound method,” stated Ashwin Muthiah, Vice-Chairman, TPL & & Founder Chairman, AM International, Singapore.

“We intend to help TPL in reaching its emission decrease targets while lowering expense and cultivating impactful modification within the market,” stated Kapil Bansal, Partner and Leader of Industrial Decarbonization, EY Parthenon India.

TPL is a leading producer of commercial intermediate chemicals such as direct alkylbenzene (LAB), caustic soda, and propylene oxide.

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