FCC

Flipkart commits to 100% RE by 2030

2022-12-29

Flipkart has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030. As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, a collaboration of the world’s most influential businesses committed to 100% renewable electricity. In alignment with its net zero commitments of reducing the Scope 1 and 2 climate change impacts by 2030, this move from Flipkart builds on strong existing action, with the company already meeting 14% of its electricity requirements from renewable sources against the baseline consumption of CY 2021.

The Flipkart Group, through a focused approach and structured adoption of existing instruments like rooftop solar (RTS), open access, and evolving market instruments in coming times, has planned to achieve this ambitious target of sourcing 100% renewable energy by 2030. The group is uniquely positioned to influence other businesses as well as promote the benefits of using renewable electricity among the public, driving a much-needed behavioral change for India’s overall energy transition. The group is embarking on the RE100 journey with committed efforts to add RE portfolio from distributed as well as grid-scale projects.

Flipkart has adopted multiple sustainability initiatives across the Group and has already eliminated single use plastic from its own supply chain. Besides this, it is focused on resource efficiency, having introduced projects to increase its overall energy productivity. Apart from encouraging zero liquid discharge of wastewater in its warehouses and waste management practices, it’s strategic facilities have received an ISO 14001 certification, along with its largest warehouse in Haringhata, West Bengal, being recently awarded IGBC’s Green Building Platinum certification. Led by Climate Group and in partnership with CDP, RE100 aims to accelerate change towards zero carbon grids at scale. Since launching in 2014, more than 370 major businesses across multiple sectors, from fashion and retail to cement and automobile manufacturing, have joined the initiative, doing pioneering work to transform the renewable electricity sector.

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