The primary challenge post pandemic is to get rid of vaccination divide and a digital access divide, Mukesh Ambani said<\/p>\n\n\n\n
The world has no option but to do business in a sustainable manner, and Reliance Industries Ltd (RIL) will transform each of its units as its strives to achieve net zero-carbon emissions by 2035, chairman Mukesh Ambani said.<\/p>\n\n\n\n
\u201cWe have no option as a society, as a business, but to really adopt a sustainable business model,” the RIL chairman and managing director said at the start of the three-day Qatar Economic Forum. Sustainability is a prerequisite for every business to survive, and this means transforming businesses and integrating them with the future, the billionaire businessman added.<\/p>\n\n\n\n
Ambani had mentioned his plans to make the oil-to-telecom-to-digital conglomerate net carbon zero by 2035 at the company\u2019s annual general meeting last July.<\/p>\n\n\n\n
RIL, India\u2019s largest private sector enterprise, has laid out a 15-year vision to transform itself into a new energy company, with its focus on recycling carbon dioxide, creating value from plastic, and building clean and affordable energy with hydrogen, wind, solar, fuel cells and battery.<\/p>\n\n\n\n
The company has begun converting its CO2 emissions at Jamnagar into high-value proteins, nutraceuticals, advanced materials and fuels. The company has the largest single site refinery at Jamnagar in Gujarat with crude processing capacity of 1.24 million barrels per day.<\/p>\n\n\n\n
It intends to develop next-generation carbon capture and storage technologies and is evaluating novel catalytic and electrochemical transformations to use CO2 as a valuable feedstock as RIL has proprietary technology to convert transportation fuels to valuable petrochemical and material building blocks. RIL also intends to replace transportation fuels with clean electricity and hydrogen.<\/p>\n\n\n\n
When asked about the biggest challenge for industry as the world emerges from the pandemic, Ambani said the primary challenge is to \u201cget rid of the vaccination divide” and a digital access divide as more people are forced to stay home to work and study in a pandemic-hit world. Reliance Jio Infocomm aims to close this access gap and boost connectivity, which according to Ambani is now akin to a basic need. \u201cThe digital divide must be bridged,” he said. \u201cBoth among nations and within nations.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The primary challenge post pandemic is to get rid of vaccination divide and a digital access divide, Mukesh Ambani said The world has no option but to do business in a sustainable manner, and Reliance Industries Ltd (RIL) will transform each of its units as its strives to achieve net zero-carbon emissions by 2035, chairman […]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"RIL chairman Mukesh Ambani spoke at the Qatar Economic Forum on Monday and mentioned his plans to make the oil-to-telecom-to-digital conglomerate net carbon zero by 2035","footnotes":""},"categories":[5571],"tags":[10744,10743],"supplier":[18650],"class_list":["post-91571","post","type-post","status-publish","format-standard","hentry","category-co2-based","tag-carboncapture","tag-useco2","supplier-ril-reliance-industries-limited"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/91571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=91571"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/91571\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=91571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=91571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=91571"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=91571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}