Hyundai Motors India Limited (HMIL) has announced its commitment to achieving 100% renewable energy usage, known as the RE100 goal, by the year 2025. This initiative places Hyundai at the forefront of sustainability efforts in the automotive industry, as it aims to surpass its rivals in this endeavor.
Key Areas of Focus for Hyundai's Sustainability Initiatives
Energy Management Systems
Hyundai has implemented measures to conserve energy and utilize renewable sources across its operations. This includes the adoption of 100% LED lighting, thermo-ceramic coating on furnaces and ovens, and waste heat recovery in paint shops. These steps have resulted in the conservation of 19,200 Tonnes Oil Equivalent (TOE).
Reduction in Carbon Emissions
The company monitors direct (Scope 1) and indirect (Scope 2) emissions to minimize its carbon footprint. Initiatives include the use of renewable energy, conversion of propane to LNG, and the establishment of a 10 MW solar plant at its Chennai manufacturing facility. Hyundai has also purchased green power from the Indian Energy Exchange, increasing its renewable energy portfolio to 64% and reducing CO2 emissions by 1,02,060 tonnes.
Water Management
Hyundai has implemented a zero liquid discharge system and constructed six large water reservoirs at its Chennai plant, which hold 3,50,000 metric tonnes of water. This system supports rainwater harvesting and meets 50% of the company's water requirements. Hyundai has achieved 80% water neutrality through recycled RO water and reduced water usage by 30%.
Harmful Substance Management
The company adheres to domestic laws and global standards to manage harmful wastes. Techniques such as screw press filters have led to a 19.4% reduction in hazardous wastes and a 14.3% reduction in non-hazardous wastes over the past five years.
Expanding EV Lineup
Hyundai is committed to expanding its electric vehicle portfolio and has pledged an investment of Rs. 32,000 crores over the next 10 years for this purpose.
Hyundai's Vision for the Future
Mr. Gopala Krishnan CS, Chief Manufacturing Officer at HMIL emphasized the company's dedication to environmental responsibility and sustainable development goals. Hyundai's initiatives are aimed at achieving carbon neutrality, energy transition, circularity, clean tech products and services, operational eco-efficiency, and natural capital conservation. The company's "Integrated Solutions to Climate Change" initiative targets carbon neutrality by 2045, with a focus on creating a sustainable operating system for future generations. Hyundai's proactive approach to sustainability and renewable energy sets a benchmark for the automotive industry and demonstrates its commitment to a greener future.