CO₂ emission reduction
NSG Group aims to reduce CO2 emissions per tonne of equivalent product by one percent per year until 2020. This target has been achieved year on year from FY2015 to FY2019 by heavy oil to natural gas conversion, and combination of design and operational innovations.
In addition, our long-term target, which was set in August 2019 to reduce greenhouse gas (GHG), has been approved by the Science Based Targets initiative (SBTi) as "a science-based target to limit the average rise of global temperature to below 2°C from pre-industrial revolution levels" in line with the goals of the Paris Agreement. By 2030, NSG targets to reduce absolute GHG emissions (Scope 1 and Scope 2) by 21% compared to the 2018 level.