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Article

22 Nov 2007

Author:
Krittivas Mukherjee, Reuters

Climate change not priority for Indian firms: study

Most firms in India, one of the world's worst polluters, are yet to plan for the impact of climate change on their businesses, do not measure emissions or have deadlines to curb them, a study said on Thursday. However, many Indian companies are aware of the commercial opportunities presented by global warming, according to the survey by the Carbon Disclosure Project (CDP)...In contrast, more and more global corporations were providing for risks and opportunities presented by climate change and were factoring them while planning projects [said Paul Simpson, a senior CDP official].