Undertaken By: World Resources Institute, Recent Publication: 2018
A leading Indian denim manufacturer—Arvind—has committed to continually improve energy performance across all business units. To strengthen existing energy productivity initiatives, it made energy purchases the focus of activity (operational boundary) for its internal carbon pricing scheme. Introducing a shadow price has led to approval for more than 30 new energy efficiency projects, helping the company reduce related operational GHG emissions by close to 12 percent between 2013 and 2015.