You are here: Home » Companies » News
Supreme Court to hear Amazon's appeal against NCLAT order on October 11
Business Standard

Indian cos leading global fight against climate change: Mahindra Group MD

"We've seen our PM make some very bold statements, including getting to 50% renewable energy by 2030, and that is really an acknowledgement of the fact that India can lead the world on this," he said

Topics
Climate Change | Indian companies | Mahindra Group

Press Trust of India  |  New Delhi 



Mahindra Group MD & CEO, Anish Shah
Mahindra Group MD & CEO, Anish Shah

India can take the lead in the global fight against as a number of homegrown are already leading the march, MD & CEO, Anish Shah said on Tuesday.

Global warming has resulted in a number of natural disasters and if it continues unabated it would lead to catastrophic consequences, he said while speaking at the FICCI LEADS 2022 event here.

"We've seen our Prime Minister (Narendra Modi) make some very bold statements, including getting to 50 per cent renewable energy by 2030, and that is really an acknowledgement of the fact that India can lead the world on this," Shah said.

He further said, "a number of have been leading at the world stage in this, as well by looking at new technologies, by looking at green materials coming in by decarbonising industries."

Therefore, Shah said, "It's something that we cannot ignore and say we are a developed country or a developing country and it's for others to solve. We have to be able to take the lead and help solve this."

Concerned over the current global warming, he said, "We are on a path today, which is not sustainable. We are seeing a number of natural disasters around us when we have 1.1 degrees more than what we expect, or what is normal, and the path will take us to two and a half degrees, which will be catastrophic in many ways."

He called for collective efforts to fight .

Hindustan Unilever CEO and MD Sanjiv Mehta also expressed confidence that India can lead from the front by pursuing growth but at the same time reducing environmental footprints.

"We have to grow, there is no option. Today, I believe the situation is as fertile as it could get for India to accelerate the growth journey. It's not an accident that this year, India is being looked upon, as perhaps the fastest growing large economy in the world. We have to keep at that pace and beyond," he said.

The country has to aim to consistently grow at 8 per cent to 9 per cent, more than the 6 per cent "historical growth rate that we have delivered in the last three decades'', he said adding, "but we have to do it in a manner that we decouple and reduce our environmental footprints. There is no option about that".

"I think India can do it, that we can look back and say that India has led from the front and made a difference not only to itself, but to the world at large," Mehta said.

He also pointed out that the planet cannot afford to have India, which has 2.5 per cent of the landmass and 70 per cent of the global population, a per capita greenhouse gas emission of the industrialised world.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, September 20 2022. 15:57 IST

.