Climate Change Data

Environmental Metrics

ESG Focus Areas

• Biodiversity
• Renewable Energy
• Sustainable Development
• Climate Change
• Sustainable Coal Mining
• Methane Emission Reduction

Environmental Achievements

• Reduced fossil fuel subsidies by 85% between 2014 and 2018 (India)
• Increased renewable energy installed capacity by 24.2GW (13.5%) in one year (India)
• Increased solar power capacity by 20.1GW (27.9%) in one year (India)
• Cairn Oil & Gas joined UNEP’s OGMP 2.0, committing to methane emission reduction

Social Achievements

• 248 million individuals escaped multidimensional poverty in the last nine years (India)
• Significantly expanded social protection coverage in India, doubling coverage
• Launched Digital India Common Service Center (DICSC) project to bridge the digital divide in rural India
• Development of Tuna Clusters in Andaman & Nicobar Islands under PMMSY to boost fisheries

Governance Achievements

• Updated National Biodiversity Strategy and Action Plan (NBSAP) unveiled at COP 16, aligned with the Kunming-Montreal Global Biodiversity Framework (KMGBF)
• India streamlined environmental clearances for new industries, reducing dual compliance of Environmental Clearance (EC) and Consent to Establish (CTE)

Climate Goals & Targets

Environmental Challenges

• Developed countries' unwillingness to engage in climate finance and mitigation work program at COP29
• Lack of progress on critical matters for developing countries in climate finance at COP29
• Challenges in achieving equitable climate finance, including the shift from loans to grants
• Need for institutional readiness, legal reforms, and engagement with the private sector for new financial instruments in climate finance

Mitigation Strategies

• India's 'remove, target, and shift' strategy to reduce fossil fuel subsidies and invest in clean energy
• Strategic tax measures, including cess on coal production, to fund renewable energy projects
• Initiatives like the National Green Hydrogen Mission, PM-KUSUM, and PM Surya Ghar to boost renewable energy production and access
• India's proactive participation in the NCQG and LDF at COP29

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Increasing frequency and severity of heatwaves

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNCBD, KMGBF

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 6 (Clean Water and Sanitation)
• Goal 3 (Good Health and Well-being)

Various initiatives contribute to these goals through renewable energy development, climate change mitigation, sanitation improvements, and healthcare advancements.

Sustainable Products & Innovation

• Nafithromycin (new antibiotic)

Awards & Recognition

• Padma Shri
• Padma Bhushan
• Sangeet Natak Akademi Award
• National Gopal Ratna Awards