Back MMTC-PAMP is India’s First Precious Metals Company to have Science-based Emissions Reduction Targets Approved by the SBTi
MMTC-PAMP, India’s only London Bullion Market Association (LBMA) Good Delivery gold & silver refinery, reinforces its commitment to sustainability as the first precious metals company in India to have science-based carbon emissions reduction targets approved by the Science Based Targets initiative (SBTi). This marks a pivotal milestone for MKS PAMP GROUP as both MMTC-PAMP and MKS PAMP commit to carbon emission reduction targets.
MMTC-PAMP India Private Limited commits to reduce absolute scope 1 and 2 GHG emissions 47 per cent by FY2029/2030 from a FY2018/2019 base year. MMTC-PAMP India Private Limited also commits to reducing absolute scope 3 GHG emissions by 27.5 per cent within the same timeframe. Continuing its ongoing commitment to sustainability, MMTC-PAMP, among other initiatives has also recently implemented 705 kWp of solar energy panels, actively contributing to decarbonization and reducing its carbon footprint.
Commenting on the target approval by the SBTi, Vikas Singh, Managing Director and CEO, MMTC-PAMP India Private Limited said, “We are proud to be leading our industry in this transformation and are deeply devoted to making a substantial impact in our environmental engagement. In line with this vision, we have set forth a robust commitment to drive meaningful change in our carbon footprint.”
“Today, we welcome MMTC-PAMP’s science-based targets consistent with limiting warming to 1.5°C,” said Luiz Amaral, Chief Executive Officer of the Science Based Targets initiative. “The ambition of MMTC-PAMP’s targets is aligned with the need for the global economy to rapidly cut emissions. This company is setting an example for the rest of its industry, and I urge others in its sector to set their targets too.”
The Science Based Targets Initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.
The initiative is a collaboration between CDP, the United Nations Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practices in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.
MMTC-PAMP’s commitment towards sustainability and the approval from the SBTi underscores MKS PAMP GROUP’s ambition to accelerate its sustainability agenda across its companies.
A joint venture between Switzerland-based bullion refinery, MKS PAMP SA, and MMTC Ltd, a Miniratna and Government of India Undertaking. MMTC-PAMP is the only LBMA-accredited gold & silver good delivery refiner in India and is accepted across global commodity exchanges and central banks. The company seamlessly marries Swiss excellence with Indian insights. MMTC-PAMP India Pvt. Ltd. is internationally recognized as an industry leader in bringing global standards of excellence to the Indian precious metals industry. MMTC-PAMP has received several awards since its inception from local and global industry bodies for transparency and sustainability that it rigorously upholds in its sourcing, refining, and supply of precious metals in the Indian market.
The Science Based Targets initiative (SBTi) is a global body enabling companies and financial institutions to set ambitious emissions reduction targets in line with the latest climate science. The SBTi’s goal is to accelerate businesses across the world to support the global economy to halve emissions before 2030 and achieve net-zero before 2050. The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.
Categories
Recent Posts
-
Simha Jeweller
mansoor khan
Feb 26, 2024 2:01 PM
Web Content Article
KARNATAKA MMTC-PAMP Bengaluru NO.8, SECOND FLOOR, 1ST MAIN ROAD, 60 FEET ROAD, BASAVESHWARANAGAR, BENGALURU 77.53631878226656 null null BENGALURU null Buy Gold & Silver CoinsSell your Old Gold...
-
MP Jeweller
mansoor khan
Feb 26, 2024 2:03 PM
Web Content Article
KARNATAKA MMTC-PAMP Bengaluru NO 249,19TH MAIN, HSR LAYOUT , SECTOR 4, BENGALURU 77.64435253074616 null null BENGALURU null Buy Gold & Silver Coins 12.913617640248578 MP Jeweller INDIA null 560102...
-
Zevraat
mansoor khan
Feb 26, 2024 2:07 PM
Web Content Article
KARNATAKA MMTC-PAMP Bengaluru 2ND FLOOR, 97/8, ROOM NO.1, MAGADI MAIN ROAD, BANGALORE, BENGALURU 77.55560188360576 null null BENGALURU null Buy Gold & Silver Coins 12.975964159281355 Zevraat INDIA...
-
Sri Krishna Diamonds and Jewellery
mansoor khan
Feb 26, 2024 2:09 PM
Web Content Article
KARNATAKA MMTC-PAMP Bengaluru NO 1 COMMERCIAL STREET, BENGALURU 1 null null BENGALURU null Buy Gold & Silver CoinsSell your Old Gold 1 Sri Krishna Diamonds and Jewellery INDIA null 560001...
-
Sri Ganesh Diamonds and Jewellery HSR
mansoor khan
Feb 26, 2024 2:12 PM
Web Content Article
KARNATAKA MMTC-PAMP Bengaluru 08, 17TH CROSS, SECTOR-7, HSR LAYOUT, BENGALURU 77.63684624330614 null null BENGALURU null Buy Gold & Silver Coins 12.91262875656838 Sri Ganesh Diamonds and Jewellery...
-
AUSPERA INDIA PRIVATE LIMITED
mansoor khan
Feb 26, 2024 2:17 PM
Web Content Article
TAMILNADU MMTC-PAMP Chennai NO. 127, 4TH FLOOR, J S COMPLEX, NSC BOSE ROAD, PARK TOWN , CHENNAI 1 null null CHENNAI null Buy Gold & Silver Coins 1 AUSPERA INDIA PRIVATE LIMITED INDIA null 600003...
-
VUMMIDI BANGARU JEWELLERS
mansoor khan
Feb 26, 2024 2:19 PM
Web Content Article
TAMILNADU MMTC-PAMP Chennai NO.603, RANI SEETHAI HALL, ANNASALAI, THOUSAND LIGHTS, , CHENNAI 1 null null CHENNAI null Buy Gold & Silver Coins 1 VUMMIDI BANGARU JEWELLERS INDIA null 600006...
-
SARAVANA STORES ELITE PRIVATE LIMITED
mansoor khan
Feb 26, 2024 2:21 PM
Web Content Article
TAMILNADU MMTC-PAMP Chennai NO. 115,116,117,, USMAN ROAD, T NAGAR, , CHENNAI 1 null null CHENNAI null Sell your Old GoldBuy Gold & Silver Coins 1 SARAVANA STORES ELITE PRIVATE LIMITED INDIA null...
-
POTHYS SWARNA MAHAL PRIVATE LIMITED
mansoor khan
Feb 26, 2024 2:23 PM
Web Content Article
TAMILNADU MMTC-PAMP Chennai D. NO. 48 AND 50, 7TH FLOOR SOUTH WING, SKCL HARMONY SQUARE, PRAKASAM STREET, T NAGAR, , CHENNAI 1 null null CHENNAI null Buy Gold & Silver Coins 1 POTHYS SWARNA MAHAL...
-
CROWN MANUFACTURING
mansoor khan
Feb 26, 2024 2:25 PM
Web Content Article
TAMILNADU MMTC-PAMP Chennai 5, FIRST FLOOR, SHOP NO.7, SRG COMPLEX, 5TH CROSS STREET, ANANDNAGAR, THORAIPAKKAM, CHENNAI 80.23433908985707 null null CHENNAI null Buy Gold & Silver Coins...
-
Sri Kumaran Thangamaligai
mansoor khan
Feb 26, 2024 2:31 PM
Web Content Article
TAMILNADU MMTC-PAMP Coimbatore SF NO. 38/1 SREE KUMARAN THANGAMALIGAI, SCM SPINNING MILL COMPOUND, THEKKALUR AVINASHI, TIRUPUR 1 null null TIRUPUR null Buy Gold & Silver Coins 1 Sri Kumaran...
-
MEENA JEWELLERY
mansoor khan
Feb 26, 2024 2:33 PM
Web Content Article
TAMILNADU MMTC-PAMP Coimbatore 872/873, TRICHY ROAD, RAMANATHAPURAM , COIMBATORE 1 null null COIMBATORE null Buy Gold & Silver Coins 1 MEENA JEWELLERY INDIA null 641045...
-
SUMANGALI JEWELLERS
mansoor khan
Feb 26, 2024 2:34 PM
Web Content Article
TAMILNADU MMTC-PAMP Coimbatore 314-316, 316A, 317, 318, RAJA STREET , COIMBATORE 1 null null COIMBATORE null Sell your Old Gold 1 SUMANGALI JEWELLERS INDIA null 641012...
-
SUMAN JEWELLERY
mansoor khan
Feb 26, 2024 2:36 PM
Web Content Article
TAMILNADU MMTC-PAMP Coimbatore NO.25, SUMAN JEWELLERY, 11TH CROSS STREET, TATABAD , COIMBATORE 76.96281332777949 null null COIMBATORE null Buy Gold & Silver Coins 11.018241377873853 SUMAN JEWELLERY...
-
PAMT JEWELLERY AND LIFESTYLES INDIA PRIVATE LIMITED
mansoor khan
Feb 26, 2024 2:58 PM
Web Content Article
ASSAM MMTC-PAMP Guwahati NO. S10 AND S11, DOLPHIN POINT, LAKHIMI PATH, GUWAHATI 1 null null GUWAHATI null Buy Gold & Silver Coins 1 PAMT JEWELLERY AND LIFESTYLES INDIA PRIVATE LIMITED INDIA null...
-
GUJRANWALA JEWELLERS
mansoor khan
Feb 26, 2024 3:22 PM
Web Content Article
PUNJAB MMTC-PAMP Jalandhar PLAZA CHOWK, G.T. ROAD, JALANDHAR, , PUNJAB,, JALANDHAR 75.5782406622032 null null JALANDHAR null Buy Gold & Silver Coins 31.326040042034236 GUJRANWALA JEWELLERS INDIA...
-
CROWN MANUFACTURING
mansoor khan
Feb 26, 2024 3:26 PM
Web Content Article
PUNJAB MMTC-PAMP Jalandhar 410-R, PARKASH NAGAR ROAD, MODEL TOWN, , JALANDHAR 1 null null JALANDHAR null Buy Gold & Silver Coins 1 CROWN MANUFACTURING INDIA null 144003...
-
NIKKAMAL JEWELS PRIVATE LIMITED
mansoor khan
Feb 26, 2024 3:30 PM
Web Content Article
PUNJAB MMTC-PAMP Jalandhar 365-A, LAJPAT NAGAR, OPP. GYMKHANA CLUB, JALANDHAR 75.57738302886166 null null JALANDHAR null Buy Gold & Silver Coins 31.320623055262196 NIKKAMAL JEWELS PRIVATE LIMITED...
-
BOMBAY JEWELLERS FOREVER
mansoor khan
Feb 26, 2024 3:35 PM
Web Content Article
PUNJAB MMTC-PAMP Jalandhar MODEL TOWN ROAD, ADJ. HOTEL SKYLARK, JALANDHAR 75.5772459454907 null null JALANDHAR null Buy Gold & Silver Coins 31.32327937409832 BOMBAY JEWELLERS FOREVER INDIA null...
-
MALIRAM JEWELLERS
mansoor khan
Feb 26, 2024 3:38 PM
Web Content Article
PUNJAB MMTC-PAMP Jalandhar MALIRAM JEWELLERS, 512, HAMILTON GALLARIA, UGF-1, NEW JAWAHAR NAGAR, JALANDHAR 1 null null JALANDHAR null Buy Gold & Silver Coins 1 MALIRAM JEWELLERS INDIA null 144001...
- News
- News
- Minted Products
- Digital Gold
- News
- Sell Gold
- Digital Gold
- Sell Gold
- Sell Gold
- Digital Gold
- Fashion & Culture
- Digital Gold
- News
- News
- News
- News
- News
Enter your mobile number to proceed
We are currently accepting new accounts by invitation only