UFlex switches to renewable energy for packaging plant in Karnataka, India

UFlex switches to renewable energy for packaging plant in Karnataka, India  Yahoo! Voices

UFlex switches to renewable energy for packaging plant in Karnataka, India

UFlex switches to renewable energy for packaging plant in Karnataka, India

UFlex Limited Transitions to Renewable Energy for Packaging Plant in Karnataka, India

UFlex Limited, a major player in the packaging films industry, has signed a long-term agreement to source renewable energy for its packaging films plant located in Dharwad, Karnataka.

Introduction

This move aligns with UFlex’s ambitious goal of achieving net zero emissions by 2035 or even sooner.

Power Purchase Agreement (PPA)

The agreement is a Power Purchase Agreement (PPA) with Amplus Phoenix Private Limited, which will supply clean energy under a group captive power policy.

Impact on Carbon Footprint

UFlex expects this switch to renewable power to significantly reduce its carbon footprint by an estimated 19,000 tCO2e (tonnes of CO2 equivalent) annually.

The Dharwad Facility

The Dharwad facility, commissioned in 2022, is a state-of-the-art plant housing advanced production lines for BOPET (biaxially oriented polyethylene terephthalate), CPP (cast polypropylene), and metallizers. This plant in Karnataka contributes significantly to UFlex’s global manufacturing footprint, which spans across nine countries.

Commitment to Sustainability

UFlex’s commitment to sustainability extends beyond just this agreement. The company is a leader in recycling multi-layer plastics and aseptic packaging waste. It actively shares its expertise with businesses worldwide to promote sustainable practices.

Statement from Director of Global Operations

“UFlex has a robust and well-defined energy optimisation transition strategy for reducing emissions. The organisation believes that every company is responsible for adopting sustainable practices that are beneficial for the environment, long-term business success, and stakeholder value,” said Apoorvshree Chaturvedi, Director of Global Operations for the UFlex Group.

“The investment in renewable energy is a significant and positive step in the right direction for both the business and the planet, shaping a brighter and more sustainable future”.

Positive Impact on the Packaging Industry

UFlex’s transition to renewable energy is a positive development for the packaging industry, showcasing a commitment to a more sustainable future. This move will not only benefit the environment but also serve as an inspiration for other companies to explore clean energy solutions.

Ramped Up Production

The company recently ramped up production in India and Russia to meet the growing demand for packaging films.

“UFlex switches to renewable energy for packaging plant in Karnataka, India” was originally created and published by Packaging Gateway, a GlobalData owned brand.


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SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 7: Affordable and Clean Energy 7.2: Increase the share of renewable energy in the global energy mix – Renewable energy capacity installed
– Percentage of renewable energy in total energy consumption
SDG 12: Responsible Consumption and Production 12.5: Substantially reduce waste generation through prevention, reduction, recycling, and reuse – Amount of waste generated
– Percentage of waste recycled or reused
SDG 13: Climate Action 13.2: Integrate climate change measures into national policies, strategies, and planning – Existence of climate change policies and strategies

1. Which SDGs are addressed or connected to the issues highlighted in the article?

  • SDG 7: Affordable and Clean Energy
  • SDG 12: Responsible Consumption and Production
  • SDG 13: Climate Action

The article discusses UFlex Limited’s transition to renewable energy for its packaging films plant, which aligns with SDG 7’s goal of affordable and clean energy. It also mentions UFlex’s commitment to recycling multi-layer plastics and aseptic packaging waste, which relates to SDG 12’s goal of responsible consumption and production. Additionally, UFlex’s aim to achieve net zero emissions by 2035 or sooner connects to SDG 13’s goal of climate action.

2. What specific targets under those SDGs can be identified based on the article’s content?

  • SDG 7.2: Increase the share of renewable energy in the global energy mix
  • SDG 12.5: Substantially reduce waste generation through prevention, reduction, recycling, and reuse
  • SDG 13.2: Integrate climate change measures into national policies, strategies, and planning

The article highlights UFlex’s transition to renewable energy, indicating progress towards SDG 7.2. It also mentions UFlex’s leadership in recycling multi-layer plastics and aseptic packaging waste, contributing to SDG 12.5. Lastly, UFlex’s commitment to achieving net zero emissions aligns with SDG 13.2.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

  • – Renewable energy capacity installed
  • – Percentage of renewable energy in total energy consumption
  • – Amount of waste generated
  • – Percentage of waste recycled or reused
  • – Existence of climate change policies and strategies

The article mentions that UFlex’s switch to renewable power will significantly reduce its carbon footprint by an estimated 19,000 tCO2e annually, indicating progress towards the targets. However, specific indicators related to waste generation and recycling are not provided in the article. The existence of UFlex’s climate change policies and strategies is implied but not explicitly mentioned.

4. SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 7: Affordable and Clean Energy 7.2: Increase the share of renewable energy in the global energy mix – Renewable energy capacity installed
– Percentage of renewable energy in total energy consumption
SDG 12: Responsible Consumption and Production 12.5: Substantially reduce waste generation through prevention, reduction, recycling, and reuse – Amount of waste generated
– Percentage of waste recycled or reused
SDG 13: Climate Action 13.2: Integrate climate change measures into national policies, strategies, and planning – Existence of climate change policies and strategies

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: yahoo.com

 

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