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Companies struggling to manage reporting on climate risks, says report


Businesses are finding it hard to manage reporting on climate risks and need to take urgent steps to meet the expectations of regulators as well as investors, according to a report.
Leading consultancy EY s report covered over 1,100 organisations across 42 countries, including India, and focussed on efforts made by them to publish their climate-related risks and opportunities based on the recommendations set by the Task Force on Climate-related Financial Disclosures (TCFD).
The TCFD was established to improve and increase reporting of climate-related financial information. The scores of companies are based on the number of recommended disclosures that they make (coverage) and the extent or detail of each disclosure (quality). ....

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Sustainable architecture: Not only energy efficient; it is also about natural resource conservation


Synopsis
With real estate developers and architects witnessing an uptick in enquiries and bookings about green homes post Covid-19, India may finally see the masses embracing the concept of sustainable buildings.
ET Spotlight
“We have been getting several enquiries from people who either want to buy a green house or are converting their existing ones into an eco-friendly home,” says Manit Rastogi, Co-Founding Partner of Morphogenesis, a sustainable architecture firm. Mahindra Lifespaces’ Managing Director & Chief Executive Arvind Subramanian adds: “Enquiries and bookings in our projects have witnessed an uptick since last July, when ‘unlocking’ began in earnest.” His company makes buildings that are certified green either by GRIHA (Green Rating for Integrated Habitat Assessment) or by IGBC (India Green Building Council). ....

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