Tata Steel, Sea Cargo Charter to reduce gas emissions

Tata Steel, the country’s oldest steel producer, has joined Sea Cargo Charter as part of its sustainability objectives and initiatives on reduction of ‘Scope 3’ greenhouse gas emission in ocean trade. The company is the 24th organisation to join the association working to reduce environmental impacts of global seaborne cargo and is the world’s first steel producer to become the signatory of the Sea Cargo Charter. The charter is a global framework for assessing and disclosing the climate alignment of chartering activities. “With our seaborne global volume in excess of 40 million tonne per annum, this is a decisive step in the direction to measure (emissions) correctly,” Peeyush Gupta, vice-president, supply chain at Tata Steel said.