TCS, Infosys, 14 other Indian firms say climate change will impact business

Infosys and TCS expressed concern over their workforce and operations being affected due to climate change and the changes in the availability of natural resources like water in regions

As many as 16 Indian companies, including IT bigwigs Infosys and TCS, have expressed worries about the risks of climate change to their businesses in the next five years, according to a report.

The 16 Indian companies are in various sectors like banking, cement, IT, consumer goods, automobiles, electric utility, mining, gas processing and distribution, business and financial services and textiles, the report by global forum Carbon Disclosure Project (CDP) stated.

"As climate change threats are on the rise, risks to businesses are also correspondingly increasing. A group of world's biggest companies representing nearly $17 trillion in market capitalization have