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climate change: India Inc and the risky business of climate change


Synopsis
World over, more and more companies are sharpening their strategies as experts such as the WEF’s Global Risk Report 2021 released last month lists climate change as one of the most impactful risks after COVID. How prepared is India Inc?
A year ago, when BP CEO Bernard Looney said, “We have to change. And we want to change. This is the right thing for the world and for BP”, little did people realise that one of the world’s oil and gas ‘supermajors’ would not only increase investment in renewables but also scale back on hydrocarbon production. In a LinkedIn blog post last September, Looney outlined 10 reasons why he is positive about this transition towards a renewable energy future. ....

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