![]() As of April 2019, 27 Indian companies have committed to this bold initiative, propelling India to fifth position after US, Japan, UK, France in corporate climate action. The graph shows the top 10 countries from which companies have committed to the Science Based Targets initiative (SBTi). Spearheaded by a global challenge for companies to commit to set a science-based target (SBT) – fronted by Anand Mahindra, Chairman of the Mahindra Group, Indian companies have been at the forefront of the global move towards science-based climate action in the last 12 months. The growth of science-based targets in India ![]() Meanwhile, as they look to align their business strategies with climate science, many are signing up to other ambitious global initiatives such as RE100 (for renewable energy), EV100 (for electric vehicles) and EP100 (for energy productivity). Across the country we are seeing an increasing number of companies stepping up – setting bold targets to reduce their emissions in line with that the science says as it is necessary to hold of the worst impacts of climate change. It is not only at the government level that we are seeing climate pledges. To reach these aims the government has also committed to increase its share of renewable energy, as well as increase the forest cover in the country. Recognising the adverse effects of climate change, the Indian government – under the Paris Agreement – has committed to reduce its emissions intensity of GDP by 33%–35% by 2030, on 2005 levels. From extreme flooding in Kerala in 2018 and Mumbai in 2017 to cyclones battering the east coast, India’s vulnerability to climate change is evident. India, along with the rest of the world, is suffering at the hands of increased extreme weather events.
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