NDIA: November 23, 2007
Story by Krittivas Mukherje
MUMBAI - Most firms in India, one of the world's worst polluters, are yet to plan for the impact of climate change on their businesses, do not measure emissions or have deadlines to curb them, a study said on Thursday.
However, many Indian companies are aware of the commercial opportunities presented by global warming, according to the survey by the Carbon Disclosure Project (CDP), a global agency working towards a low-carbon economy.
In contrast, more and more global corporations were providing for risks and opportunities presented by climate change and were factoring them while planning projects, he said.
Booming economies such as China and India have been criticised by the West for refusing to commit to emissions targets, despite being among the world's top polluters.