AGI Greenpac has submitted its greenhouse gas (GHG) emissions reduction targets to the Science Based Targets initiative (SBTi), marking a step in the company’s sustainability and decarbonization efforts. The targets, based on FY2023–24 as the baseline year, include near-term emissions reduction goals through FY2033–34 and a commitment to achieve net-zero emissions by 2050. The targets have been submitted to SBTi and are currently under validation.
The Science Based Targets initiative (SBTi) is a global organization that enables companies to set greenhouse gas reduction targets aligned with the Paris Agreement and climate science. According to the company, its targets are aligned with the ‘1.5°C pathway’, which aims to limit the rise in average global temperatures to 1.5 degrees Celsius above pre-industrial levels.
The company stated that India faces increasing climate-related risks, including extreme heat, erratic rainfall, and water scarcity, while industrial sectors are under growing pressure to integrate climate considerations into business strategies. AGI Greenpac said it has adopted a science-based decarbonization roadmap in response to these challenges.
Commenting on the submission, Rajesh Khosla, chief executive officer, AGI Greenpac, said, “Industrial growth can no longer come at the cost of climate stability. This decade is critical. Delayed action will only make the transition more disruptive and more expensive for businesses and economies alike. For an industry like glass manufacturing, transformation cannot be incremental; it must be deliberate and time-bound. By committing to science-based targets, we are holding ourselves accountable to measurable progress. This is about making climate discipline a boardroom priority, embedding it into capital decisions, and ensuring that our growth is decoupled from emissions. The companies that act decisively today will shape the competitive landscape of tomorrow.”
Chandramohan Mangalagiri, chief technology officer, AGI Glaspac, said, “Our decarbonization roadmap focuses on increasing renewable energy adoption across facilities, enhancing energy efficiency in glass manufacturing, strengthening circular economy practices through higher recycled content, and optimizing logistics emissions. As we undertake major growth initiatives, including the new glass manufacturing plant in Madhya Pradesh and the expansion into aluminum can packaging, sustainability remains embedded in every capital investment and operational decision.”
According to the company, its decarbonization strategy is built around four areas. In renewable energy, AGI Greenpac has installed approximately 21.0 MWp of solar power capacity across its manufacturing facilities, which the company said contributes to an estimated annual mitigation of more than 22,000 tCO2eq. In circular economy initiatives, the company stated that it reuses more than 200,000 tonnes of cullet annually and aims to increase cullet utilization to 50% by 2027 to reduce energy intensity and raw material consumption.
The company also stated that it has reduced Scope 1 emissions by 11,880 tCO2eq through ongoing decarbonization efforts and has partnered with Glass Futures to evaluate alternative fuels as part of its long-term decarbonization roadmap. In logistics, AGI Greenpac said it is implementing supply chain decarbonization measures through electric vehicle adoption, route optimization, and improved load efficiency.
According to the company, the submission of its SBTi targets marks the next phase of its sustainability program, focused on emissions reduction, disclosure, and implementation. Validation of the submitted targets by SBTi is currently awaited.
