Global warming and climate change have accelerated in the last decade. When the Paris Agreement committed to keeping the global warming below 2°C, it was in fact a commitment to drastically reduce carbon emissions and move toward a carbon neutral world by the end of this century.
While the need for climate action is well acknowledged in the corporate world, purposeful climate action has been lacking in the industry at large. For Indian corporates, the 2°C regime may mean more pressure to cut emissions because India is a big emitter and our emissions are growing while global emissions are showing signs