Apollo Tyres to become carbon neutral by 2050
Apollo Tyres Ltd. recently outlined a series of goals to advance the sustainability of its operations and products over the coming decades in its drive to become a more "responsible and progressive" organization. According to a statement made by Neeraj Kanwar, vice chairman and managing director of Gurugram-based Apollo Tyres, Apollo, the largest tire manufacturer in India and No. 14 globally, committed to becoming "carbon neutral" by 2050, with an initial target of improving its Scope-1 and Scope-2 emissions intensity by 25% by 2026 compared to the baseline year of 2020.