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Carbon Disclosure Project Report 2009: India 200

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The report brings out the challenges Indian companies are facing and outlines how they have integrated the long-term value and costs of climate change impacts into the assessment of the financial health and future prospects of their businesses. The companies’ disclosures are based on their commitments towards the environment and averting climate change. CDP is a platform that enables them to share and highlight such initiatives amongst stakeholders both at local and global levels.

This year CDP was backed by 475 global institutional investors (representing more than US$55 trillion of funds under management), including Indian investors such as IDBI Bank Ltd, Infrastructure Development Finance Company Ltd (IDFC) and Yes Bank Ltd. The CDP 2009 information request was sent to more than 3,700 of the world’s largest corporations. In India, the top 200 Indian companies (identified on the basis of their market capitalisation) were approached for information on their greenhouse gas (GHG) emissions, the potential risks and opportunities related to climate change and their strategies for managing these risks and opportunities.

This report documents the response of the Indian business community to climate change; whether they view climate change as a risk or an opportunity, the absolute emissions levels, emissions intensity, performance over time, benefits, and the management strategy. The report has been prepared by CII-ITC Centre of Excellence for Sustainable Development and WWF-India based on the analysis of the responses received from the participating Indian companies.

Author: sustainabilityoutlook
LibraryType: Document/ report