In January 2020, Satya Nadella, CEO, Microsoft announced that the $143-billion IT giant targets to remove more carbon from the atmosphere than it emits by 2030, and by 2050 it hopes to have taken out enough to account for all the direct emissions the company has ever made since it was founded in 1975. Anand Mahindra tweeted “bravo @ satyanadella … You have raised the bar for us all.” It is all the more relevant since the Mahindra group had already announced plans to be carbon neutral by 2040, a decade ahead of the deadline set by the UN’s Climate Ambition Alliance.
Aligning India’s commitment to the Paris Agreement, corporate houses, including Tatas, Reliance Industries (RIL), Aditya Birla Group, Mahindras, ITC, Larsen and Toubro, Adani, JSW, Essar, Vedanta, ACC, Dalmia and Ambuja, have mapped their future course of action to achieve ‘net-zero emission’ by cutting down on greenhouse gases (GHG) such as carbon dioxide (CO2), methane, nitrous oxide and fluorinated gases from factories and end-products. That’s important since India is the world’s third-largest emitter of GHG and accounts for 2.46 billion metric tonnes, or 6.8 per cent, of global emissions. Since the country relies on coal-based power plants to generate electricity, it was the highest contributor to household carbon footprints — from 26 per cent in low-expenditure households to 36 per cent among the rich.
“Against the backdrop of multiple competing interests is the one unifying truth which is that, we all share this planet and will collectively drive it to its rescue or doom,” Kumar Mangalam Birla, Chairman, Aditya Birla Group, wrote in a personal LinkedIn blog post in February last year.
Esta historia es de la edición May 30, 2021 de Business Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición May 30, 2021 de Business Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.