Cyient and Thales commit to climate action in new partnership focused on CO2 reduction
Cyient, a global leader in digital, engineering, and technology solutions, has signed a Letter of Intent (LoI) with Thales, a world-renowned technology company, to collaboratively tackle climate change. The signing, held during Thales’s 70th anniversary in India, marks a significant step towards shared and sustainable long-term value.
Commitment to Carbon Reduction
The partnership between Cyient and Thales is underpinned by a shared commitment to a low-carbon future, aligning with Thales’s ambitious CO2 emissions reduction targets for 2030, validated by the SBTi and aligned with the Paris Agreement objectives. These include:
- A 50% reduction in absolute CO2 emissions from operational processes (Scope 1) and energy consumption (Scope 2).
- A 15% reduction in absolute CO2 emissions from the supply chain and product usage (Scope 3).
Net Zero and Eco-Friendly Initiatives
Thales aims to achieve net-zero operations-related CO2 emissions by 2040. Both companies are working together to promote energy efficiency, use of renewable energy, optimize processes, and adopt eco-design principles.
Thales and Cyient forge alliance to tackle climate change, embracing low-carbon future
Leadership Comments on Collaboration
Roque Carmona, Chief Procurement Officer at Thales, emphasized the importance of collaborative efforts: “We will only meet our ambitious objectives by working together with our suppliers… We are proud to join hands with Cyient Ltd in line with our strategy.”
Krishna Bodanapu, Executive Vice Chairman and MD at Cyient Ltd., added: “Cyient has partnered with Thales in a shared commitment to lead the way towards a low-carbon future. Together, we are working to build a world where innovation and environmental responsibility come together.”
Cyient’s Sustainability Efforts
Cyient focuses on eco-friendly practices at its facilities, including plastic elimination, tree plantation drives, waste management, and rainwater harvesting systems, reflecting its belief in “One Earth, One Home.”
Thales’s Supplier Engagement
Thales has engaged over 150 emissive suppliers with action plans for carbon emission reduction, furthering its commitment to a sustainable value chain.
The partnership between Cyient and Thales is a significant stride in the tech industry’s efforts towards environmental stewardship and sustainable development.