Russia’s SIBUR and Other BRICS Enterprises Maintain Climate Commitments

Source: The Economic Times | Original Published At: 2025-11-25 09:53:00 UTC

Key Points

• BRICS nations have established carbon reduction targets with Russia piloting mandatory carbon markets and India/China achieving emission goals ahead of schedule
• SIBUR (Russia) and Reliance Industries (India) lead corporate climate initiatives through facility modernization and renewable energy investments
• BRICS countries account for 40% of global emissions with collective net-zero timelines (China/Russia 2060, India 2070, South Africa 2050)
• Cross-border carbon market integration proposed during COP30 to accelerate Paris Agreement compliance
• China sets first quantitative greenhouse gas reduction target (7-10% below peak by 2035) while expanding renewables