Conserving and planting 1.05 million trees to safeguard nature.
Pledge by Apollo Tyres Limited
This pledge will take place from 2013 to 2030
Pledge overview
Biodiversity Conservation is a global theme for the organisation. The investment in nature base solutions is a step towards creating a positive impact for the planet, and thereby meeting the organisation’s climate goals. Our company climate strategy is complemented by investments in afforestation projects, restorations of mangroves, and conservation of environment projects across all our manufacturing geographies - India, Enschede & Hungary.
Actions in this pledge
Conserving trees and forest landscapes - 0.41 million trees
Biodiversity Conservation is a global theme for the Company, wherein it has undertaken various projects which are illustrated below.
Restoring and growing trees and forest landscapes - 0.64 million trees
Tree plantation will be done with the support of the implementing partner in collaboration with beneficiaries. It includes identifying land, finding native species and empowering a selected group of beneficiaries to plant and maintain the trees to ensure best results. Progress is monitored, regularly through group meetings. Support will be provided by experts in all related areas of specialization.
Enabling activities for trees and forest landscapes
Our ecologically and socially responsible approach
The pledge takes into account the Environment, Social and governance framework of the organisation. Given biodiversity conservation is a key theme under Environment, the section of land and restoration activities is given a prime focus on enhancing the biodiversity-ecosystem. The projects are funded through the Corporate Social Responsibility programme, where the selection of beneficiaries will be from economically weaker sections, and the improvement of their livelihood is of utmost importance.
We're using SDG13-Climate Action, SDG14-Life below Water, Taskforce on Nature-Related Financial Disclosure (TNFD), and the India Business & Biodiversity Initiative (IBBI) as references.
Our results tracking
Ecological metrics: Type of species & Land area in hectare
Social metrics: Number of beneficiaries
Our locations
We are working at locations across Hungary, India, and Netherlands.