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»","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1554,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},914,"Tamilnadu Petroproducts Appoints EY-Parthenon to Lead Carbon-Neutral Initiative","tamilnadu-petroproducts-appoints-ey-parthenon-to-lead-carbon-neutral-initiative","Tamilnadu Petroproducts partners with EY-Parthenon to launch a science-backed carbon-neutral roadmap, advancing sustainable manufacturing.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2024\u002Fshutterstock_2118086474.jpg\" alt=\"\" width=\"322\" height=\"185\">Tamilnadu Petroproducts Ltd (TPL), a Chennai-based petrochemical manufacturing company, announced a strategic partnership with EY-Parthenon, a leading strategy consultancy firm, to support its carbon-neutral goals. Harnessing EY-Parthenon’s expertise in sustainability strategy development and implementation, TPL aims to develop an integrated carbon-neutral roadmap aligned with its long-term sustainability goals.\u003C\u002Fp>\r\n\u003Cp>With a 40-year history, TPL is one of India’s leading manufacturers of industrial intermediate chemicals, namely linear Alkylbenzene (LAB), Caustic Soda, and Propylene Oxide. Leveraging EY-Parthenon’s expertise in sustainability strategy formulation and execution, TPL aims to develop an integrated and inclusive carbon-neutral roadmap that aligns with its long-term sustainability goals.\u003C\u002Fp>\r\n\u003Cp>Ashwin Muthiah, Vice-Chairman, TPL and Founder Chairman, AM International, Singapore, stated, “Aligned with AM International’s broader commitment to sustainable manufacturing, TPL is taking proactive steps to contribute to climate change objectives and embrace environmentally conscious practices in its operations. Our collaboration with EY-Parthenon, a renowned global leader in sustainability consulting, signifies a deliberate move towards this objective with a scientific, measurable, and time-bound approach. Overall, it underscores our commitment to environmental stewardship and collective efforts towards a cleaner future.”\u003C\u002Fp>\r\n\u003Cp>Kapil Bansal, Partner and Leader of Industrial Decarbonization, EY Parthenon India, added, “We are pleased to partner with TPL on their journey towards carbon neutrality. Leveraging EY-Parthenon’s deep knowledge of value led decarbonization, we aim to assist TPL in reaching its emission reduction targets, while reducing cost and fostering impactful change within the industry. As the world progresses towards fulfilling climate objectives outlined in the Paris Climate Accord, initiatives like these empower corporations and industry frontrunners to pave the way for a greener planet.\"\u003C\u002Fp>\r\n\u003Cp>As part of the mandate and in line with TPL’s overarching sustainability-centric approach, EY-Parthenon will assist in constructing a roadmap to comprehend and address greenhouse gas (GHG) emissions. TPL aims to establish internal reduction targets consistent with the Science-Based Targets initiative (SBTi) and devise an emission reduction plan primarily for Scope 1 and 2 emissions. By implementing interventions such as clean energy substitution, process efficiency improvement, circularity, and digital automation, the company aims to move towards its goal of carbon-neutral manufacturing.\u003C\u002Fp>\r\n\u003Cp>With its strategic carbon-neutral initiative and partnership with EY-Parthenon, TPL is setting standards for sustainable manufacturing and industry operations. This collaboration highlights TPL’s proactive approach to addressing environmental challenges and reinforces its commitment to embracing manufacturing best practices that are aligned with present-day requirements.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.tnpetro.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2024\u002FlbvygxzXh9YTR0Weqgs7.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FApril2024\u002FlbvygxzXh9YTR0Weqgs7.jpg","2024-04-27T09:12:53+05:30",0,"Tamilnadu Petroproducts has partnered with EY-Parthenon to develop a strategic, science-backed roadmap toward achieving carbon neutrality.\nThe initiative focuses on reducing Scope 1 and 2 emissions through process efficiency, clean energy, and circularity.\nTPL aims to align its long-term manufacturing operations with Science-Based Targets initiative (SBTi) standards.","Sustainability is no longer an option but a strategic imperative in the petrochemical sector. Tamilnadu Petroproducts (TPL) has taken a significant step forward by announcing a strategic partnership with EY-Parthenon to accelerate its journey toward carbon neutrality. By integrating a science-based, measurable approach, TPL is positioning itself as a leader in industrial decarbonization. This collaboration will focus on addressing Scope 1 and 2 emissions through clean energy adoption, digital automation, and circular manufacturing processes. As industries face increasing pressure to meet Paris Climate Accord objectives, TPL’s commitment to a time-bound, actionable roadmap sets a high standard for environmental stewardship in the manufacturing space. We look forward to seeing the impact of this green transition. #Sustainability #Decarbonization #Manufacturing","Big move in the petrochemical sector: Tamilnadu Petroproducts taps EY-Parthenon to drive its new carbon-neutral manufacturing roadmap. Science-backed goals meeting industry expertise. #Sustainability #GreenManufacturing","Big news in the world of industrial manufacturing! 🏭 Tamilnadu Petroproducts (TPL) is teaming up with EY-Parthenon to fast-track their journey to carbon neutrality. 🌍 By focusing on Scope 1 and 2 emissions through clean energy and digital innovation, TPL is proving that heavy industry can—and should—prioritize the planet. This science-led, time-bound roadmap is a massive step toward cleaner manufacturing and setting a new gold standard for the sector. 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