Opinion | India Inc should be at the forefront of the climate war
Live MintClimate change is one of the top issues for the policymakers, investors and chief executives gathered in Davos for the 50th World Economic Forum. In addition, firms must also evaluate their vulnerability to climate and resource risks, including energy and water dependence, and supply chain exposures. Effective climate strategies must also include meaningful and regular engagement with supply chains to build capacity, mitigate such risks and improve procurement strategies. Sustained engagement on climate change over time can help businesses go beyond operational improvements toward developing strategic portfolios and tapping new opportunities and markets. Given the climate crisis, companies that strategically align their businesses towards climate-smart practices, products and portfolios are poised to take market leadership and offer us the prospect of a liveable, prosperous and profitable future.