Indo-MIM, a leading global manufacturer of components by Metal Injection Moulding (MIM), headquartered in Bangalore, India, has announced that it has achieved a near-zero carbon footprint, and is on target to become a zero-carbon company by 2026. The company achieved a 95% reduction in CO2e emissions since it began its sustainability journey on FY18, resulting in a reported reduction of 4,920 tons of CO2e in FY22.
The company is committed to ensuring sustainable development by implementing seventeen Nations Sustainable Development Goals (SDGs) in its business operations and stakeholders at large. Indo-MIM revised its sustainable green supply chain management and procurement policy in the reporting period (FY22) in an effort to enhance sustainability performance and minimise environmental, social, and financial risks within Indo-MIM’s supply chain.
As part of it’s net-zero journey, Indo-MIM’s sustainability embraces the following principles:
- Using sustainable energy resources
- Adopting the principles of Refuse, Reduce, Reuse, Recycle and Recovery (5R)
- Encouraging the implementation of sustainability initiatives
- Contribution to organisations devoted to eradicating hunger, poverty & malnutrition, promoting preventative health care, sanitation, and provision of safe water
- Promotion of education
- Promoting gender equality
- Increasing green belt protections and conservation of natural resources
- Creating awareness of UN Sustainability goals and climate change issues
Indo-MIM aims to be a zero-carbon company by 2026 on Scope I, II and III.