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Veedol Targets Net-Zero by 2050 as FY26 GHG Emissions Fall, Renewable Energy Reaches 18.36 Percent
['Baburajan Kizhakedath', 'Baburajan Kizhakedath Is The Editor Of Greentechlead.Com. He Has Three Decades Of Experience In Tech Media.']
GreentechLead
Veedol Corporation accelerated its sustainability and decarbonization initiatives during FY 2025-26, reporting lower greenhouse gas emissions, improved energy efficiency, increased renewable energy adoption, and continued investment in sustainable lubricant innovation.
Basu said the lubricant industry is moving toward high-performance, eco-conscious products, with Veedol positioning sustainability as a core business priority.
Scope 1 and Scope 2 Emissions DeclineVeedol reported a reduction in operational greenhouse gas emissions across its manufacturing facilities during FY26.
Energy Consumption Falls as Renewable Energy Share RisesVeedol improved its energy efficiency during FY26 as total operational energy consumption declined to 11,647 gigajoules, compared with 13,211 gigajoules a year earlier.
Renewable energy accounted for 18.36 percent of total energy consumption, contributing 2,141 gigajoules of clean energy.