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 fiscal year 2023-24, as per the ISO 14064-1:2018 standard.
Galaxy is continuously improving its sustainability performance through various supplier sustainability programs and disclosure platforms like CDP’s Climate Change program, Eco Vadis, Responsible Care, and BRSR (Business Responsibility and Sustainability Reporting).
Galaxy received a management status after receiving a B in CDP 2023.