Flipkart Commits 100% Renewable Electricity by 2030 for Operations

E-commerce giant Flipkart has said that it has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030.  As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, which is a collaboration of the world’s most influential businesses committed to 100% renewable electricity.

Flipkart is already meeting 14% of its electricity requirements from renewable sources against the baseline consumption of 2021.

The Flipkart Group has planned to achieve this ambitious target through Rooftop Solar (RTS), Open Access, and evolving market instruments in coming times. The Group claims it is uniquely positioned to influence other businesses as well as promote the benefits of using renewable electricity among the public, driving a much-needed behavioral change for India’s overall energy transition. The group is embarking on the RE100 journey with committed efforts to add RE portfolio from distributed as well as grid-scale projects.

Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart, said, “In the past two years, we have made consistent efforts and have expressed our unwavering intent to tackle climate change with bold ambition and decisive action and we continue to do so.”

Kumar added, “Our commitment to RE100 aligns with our Net-Zero target and our mission to drive positive climate action. With this step, we are further ready to learn and innovate climate solutions to accelerate action and also to support the ambition of the Indian government to achieve 500 GW RE by 2030.”

Atul Mudaliar, Head of Business Action, India at Climate Group, said, “By leading the adoption of renewable electricity in the Indian e-commerce sector, Flipkart has set a powerful example for businesses to step up their ambition and action toward clean energy targets.”

Flipkart said that it has successfully adopted multiple sustainability initiatives across the Group. Led by Climate Group and in partnership with CDP, RE100 aims to accelerate change towards zero carbon grids at scale. While companies joining RE100 have committed to sourcing 100% of their global electricity from renewable sources by 2040, the commitment of Flipkart to RE100 is significant as it seeks to reach its commitment a decade earlier.

The Climate Group drives climate action. Its goal is a world of net zero carbon emissions by 2050 as it targets systems with the highest emissions and where its networks have the greatest opportunity to drive change.

The said global initiative brings together the world’s most influential businesses committed to 100% achieving renewable electricity.