Mahindra takes lead on stepping up India’s ambition on climate change

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NEW DELHI: Stepping up ambition on the climate related actions being taken by India, Mahindra group organized a meet to highlight efforts being taken in India inviting stakeholders across the sustainability fora.

The forum had a panel discussion with Dr. Ajay Mathur, Director General, The Energy Research Institute (TERI), Dr. Arunabha Ghosh, Chief Executive Officer, Council on Energy, Environment & Water (CEEW) and moderated by Anirban Ghosh, Chief Sustainability Officer, Mahindra Group.

India is home to one-sixth of the world’s people and is one of the most densely populated countries in the world. It is the second most populous country and is on course to becoming the most populous in less than a decade. While its per-capita emissions are amongst the lowest in the world, India is the third biggest generator of emissions.

Because of this sheer size and rapid growth, sustainability is a challenge and sustainability actions are key. The successful implementation of UJALA program focussed on LED, Make in India program and SMART cities have showcased the use of Technology and backing it up with finance emerging as the key issues to address.

The Summit aims to bring leaders and people together from around the world to “Take Ambition to the Next Level.” It hopes to celebrate the extraordinary achievements of states, regions, cities, companies, investors and citizens with respect to climate action.

Recently, the Science Based Targets initiative announced that more than 448 major global corporations have committed to work towards emissions reduction aligned with what climate science says is required to prevent dangerous global warming.

Of these companies, more than 120 have already had their targets approved as being in line with the Paris Agreement’s goal of limiting global warming to well below 2°C above pre-industrial levels.

Additionally, 13 of Mahindra group companies have signed on SBTi. This is aligned to the work being done within the group. In 2017, Mahindra & Mahindra became the first company in India to announce its internal carbon price of $10.

(Based on statement)

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