Tata Steel joins UN initiative ‘LeadIT’ to drive net-zero emissions in heavy industry

Tata Steel joins UN initiative ‘LeadIT’ to drive net-zero emissions in heavy industry

Tata Steel has joined hands with Leadership Group for Industry Transition (LeadIT) and will be collaborating with countries and companies striving for net-zero emissions in heavy industry. LeadIT was created by the Government of Sweden and India during the UN Climate Action Summit in September 2019. This collaboration allows Tata Steel to gain valuable insights, best practices, and innovative ideas specifically related to sustainable practices and green technologies in the steel sector. This milestone makes Tata Steel the first Indian steel company to join LeadIT, positioning it as a global leader for driving net-zero industry transformation. Tata Steel has set a goal to become net-neutral in carbon emissions by 2045. By joining LeadIT, the company gains access to a vital platform for sharing best practices, influencing policy, and enhancing its own climate initiatives. Tata Steel would be leveraging the LeadIT platform to communicate the challenges and opportunities of the Indian steel market, which is poised for significant growth in the next several decades. 

 

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