Climate Change
By 2030, our goal is to reduce GHG Emissions for SCOPE 1+2 by 42% with respect to the base year 2020-21 by improving the share of renewable energy for electricity generation by 100% with respect to the base year 2020-21. Shifting to cleaner fuel to reduce organizational Greenhouse gas emissions.
GHG emission accounting and reduction is an integral part of our long-term agenda toward sustainability and climate change mitigation. Several energy conservation themes and projects have been executed which have resulted in a reduction of power consumption, fuel consumption, and improved energy efficiency. We have completed our GHG accounting for the financial year 2022-23, as per the ISO 14064-1:2018 standard. Prepare and increase a renewable source of energy to 100% for purchased electricity.
Galaxy is continuously improving its sustainability performance through various supplier sustainability programs and disclosure platforms like CDP’s Climate Change program, EcoVadis, Responsible Care, and BRSR.
Galaxy received a management status after receiving a B in CDP 2023.