Flipkart Targets Net-Zero Carbon Emissions by 2040

Indian e-commerce firm Flipkart committed to decarbonising its operations by 2030, and its larger value chain by 2040, in line with the 2015 Paris Agreement to keep the rise of global temperature to below 1.5 degrees Celcius.

June 24, 2022. By News Bureau

Indian e-commerce firm Flipkart committed to decarbonising its operations by 2030, and its larger value chain by 2040, in line with the 2015 Paris Agreement to keep the rise of global temperature to below 1.5 degrees Celcius.

In a statement, it said it is the only Indian e-commerce company to have committed to the environmental goal. To push through with the 2030 commitment, Flipkart is going to increase energy efficiency at its corporate office, supply chain facilities, and source power from renewable sources like solar.

It will also work with its sellers, consumers, and partners to achieve the 2040 net-zero emissions as the majority of its climate impact comes from its extended value chain which includes transportation and logistics, amongst others.

“As part of our Net Zero efforts, our sustainability initiatives will include the larger ecosystem, comprising our sellers, customers, and brands, to bring about an industry-wide shift. We recognise the importance of working collaboratively to reduce climate impact and will continue to steer our efforts towards this commitment and to decarbonise the e-commerce value chain.” Flipkart CEO Kalyan Krishnamurthy said.

The company is focusing on key areas to reduce carbon footprint, which include having a sustainable platform that will drive consumer awareness and initiatives to support sustainable products and creating circular business models.

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