Tata Consumer Products received an A-, placing the company in CDP Indiaβs leadership band for the second consecutive year, out of a universe of 9600 global companies that were rated this year.
Tata Consumer Products, the focused consumer products company, uniting the principal food and beverage interests of the Tata Group under one umbrella, has been recognized for its actions towards protecting the environment and preventing climate change across the globe by CDP India 2020 Climate Change Report. Tata Consumer Products received an A-, placing the company in CDP India’s leadership band for the second consecutive year, out of a universe of 9600 global companies that were rated this year.
CDP is a global non-profit that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. Companies scoring within the leadership category are recognized for their transparent and comprehensive disclosure of climate data, thorough awareness of climate risks, demonstration of strong governance and management of climate risks, and demonstration of market-leading practices.
Tata Consumer Products took several Green House Gas (GHG) emission reduction initiatives including investments in renewable energy and energy efficiency. The company has been able to bring down its carbon footprint by 26 per cent between 2010-20.