The industry should take a serious note on sustainability, as the Union Environment Minister Bhupender Yadav stated on Thursday that India will reach net zero emissions by the year 2070.
He said in a virtual session with the ICC that the impact of climate change on sustainable businesses, corporates and industrial houses in India is taking a serious note of the environmental, social and governance aspects to become more resilient.
By removing as much carbon dioxide from the atmosphere as we can, we would reach net zero emissions by the year 2070.
We all know that the effects of climate change are no longer a prediction of the future. He said that we are already feeling its effects through draughts, untimely cyclones, prolonged heat waves and changing weather patterns.
Prime Minister Narendra Modi announced on COP 26 that India will achieve net zero carbon emissions by the year 2070.
He said that the role of the industry to combat climate change was of paramount importance.
Yadav said India trusts its industry to rise to the occasion and present an example to the world in playing a responsible, capable and efficient partner in a war we are fighting to save this planet, the only one that we have.
The Minister said that the threat of climate change is not for the future, but we are in the middle of it.
Changing rainfall patterns, massive forest fires, increasing number of floods and cyclones and other things happening all around the world should not be ignored, Yadav said.