BAT signs up to UN-backed Race to Zero campaign

Observer Report

Today, on Climate Action Day, BAT announced that it has signed up to the UN-backed Race to Zero campaign, committing to net zero emissions by 2050.

Race to Zero is the largest ever alliance committed to halving global emissions by 2030 and achieving net zero carbon emissions by 2050.

The campaign represents over 4,000 businesses estimated to cover nearly 25% global of carbon dioxide emissions and more than 50% of GDP.

Kingsley Wheaton, Chief Marketing Officer, BAT, said “Our purpose of building A Better Tomorrow ensures that sustainability is front and center in all we do. We are proud, therefore, to support the Race to Zero campaign.

In 2020 alone, BAT achieved a 30.9% reduction in emissions from its operations, contributing to a 37.4% reduction against a 2017 baseline, he added.

In line with BAT vision, the Chief Executive Officer of Pakistan Tobacco Company Limited (PTC), Syed Ali Akbar, said that to build A Better Tomorrow, we at PTC have also embarked upon our journey to achieve 100% carbon neutrality in our operations.

In 2021, we at PTC installed a “3.1MW On-site solar plant” in both our factories and we have ambitious plans in the coming years to ensure that we are amongst the biggest contributors to BAT’s agenda of achieving Carbon Neutrality.

To further contribute to a greener Pakistan, PTC in 2021 has planted and distributed more than 40+ million saplings, he added.

Previous articleSteel policy to be rolled out soon with consultation of steel sector: Makhdum
Next articleGold dips to Rs97,600 per 10gm amid rebound in US treasury yield