JM Baxi Ports & Logistics Ltd 2024 Sustainability Report
Company: JM Baxi Ports & Logistics Ltd
Sector: Transport & logistics
Country: India
Year: 2024
Type: Sustainability Report
Pages: 76
The report describes the company's fourth ESG reporting year, covering April 2023 to March 2024, as a milestone period for climate action. It highlights SBTi validation of a 50.4% absolute reduction target for Scope 1 and 2 emissions and a 70% reduction target for Scope 3 by 2031-32. The company also adopted a double materiality approach and expanded solar generation, reporting 84% reliance on solar energy relative to imported grid electricity. Operational initiatives include electrification of cargo-handling equipment, water recycling, rainwater harvesting, and waste-management programs.
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