In addition to helping to mitigate climate change, procuring electricity from renewables is turning out to be extremely beneficial for our business.”
Arvind Bodhankar, CSO, Tata Motors
Welcome to the We Mean Business coalition August newsletter, direct from the Business and Climate Summit in New Delhi, where we are hearing from forward-looking Indian companies taking bold climate action, such as Infosys and Tata Motors.
It is also World Water Week, and we hear how Olam’s innovative approach to water stewardship is helping to save water and reduce emissions. And Moody’s Investors Service discuss how companies can help maximise the opportunities and minimise the risks brought by the low-carbon transition.
India is embracing its pivotal role in helping to lead the global low-carbon transition, writes Nigel Topping, CEO of the We Mean Business coalition. But to realize the potential economic benefits, the nation will need the full force of its companies to help drive the change that’s needed.
Leading Indian IT company Infosys Limited has an ambitious goal of reaching 100% renewable electricity. Here, Rakesh Bohra, Sr. Associate Manager – Green Initiatives & Infrastructures, shares the company’s progress and experiences with The Climate Group.
The transition to a low-carbon global economy has significant implications for global markets, with both opportunities and risks for affected companies. Brian Cahill, Managing Director, and Rahul Ghosh, Senior Vice President, Moody’s Investors Service explain.
Featured case study
Leading agri-business Olam has saved 9.7 billion liters of water and avoided 20,138 metric tons of greenhouse gas emissions since 2009 thanks to the water stewardship program at its onion growing facility in California.
Sector focus: automobiles
We Mean Business coalition CEO Nigel Topping considers the acceleration in the electric vehicle rollout, its implications for the market and whether he’ll win his bet on the death of the internal combustion engine.