Cairn Oil & Gas targets net-zero carbon emissions by 2050

Anil Agarwal, Founder and Chairman, Vedanta, said, “Vedanta Group has been at the forefront of sustainable practices that align with the Prime Minister’s goals of achieving net-zero coupled with positive economic growth. Our oil and gas business is today poised to meet India’s energy needs and growth aspirations. Inspired by the philosophy of ‘Zero Harm, Zero Waste, Zero Discharge’, we have formulated strong ESG targets for our operations that will help India’s energy sector become more efficient and enable the country’s journey to become self-reliant “

The objectives of the ESG will broadly focus on uplifting the lives of 1 million people in operational areas through sustainable livelihood opportunities, education as well as educating ~9 million students through digital education programs by 2030 will focus on the upliftment of 20 million women and children through nutrition, health care and wellness. ,

Prachoor Sah, Deputy CEO, Cairn Oil & Gas, said, “ESG has always been a top priority for Cairn Oil & Gas. As we continue our sustainability journey, we remain committed to our vision of ensuring holistic socio-economic development while achieving our goal of ensuring an energy self-reliant India for India. This announcement is a reiteration of our commitment to delivering growth responsibly and sustainably. In line with the Prime Minister’s vision of net-zero carbon emissions by 2070, Cairn stands by our nation’s energy aspirations.”

The company is innovating for a healthier planet by positively impacting pure water, the use of renewable energy, planting 2 million trees by 2030, and protecting and increasing biodiversity throughout the project lifecycle.