Firms aware of climate change issues: survey

Firms aware of climate change issues: survey
PTI
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First Published: Tue, Dec 23 2008. 09 31 PM IST
Updated: Tue, Dec 23 2008. 09 31 PM IST
New Delhi: A number of Indian firms are making strategic changes in their businesses to address climate change risks, a recent survey says.
The FE-EVI Green Business Survey 2008 was conducted by AC Nielsen ORG-Marg among chief executives, chief information officers and senior executives of 213 firms from the FE 500 list complied by The Financial Express newspaper.
At least 62% of the participants said they are aware about the implications of climate change on their business and are making strategic changes, and 17% said they are aware but waiting for others to take steps before deciding their own strategy.
“Operational risk was considered to be the highest in the manufacturing sector. So, it’s more proactive than the services sector,” said the survey, which was released by The Energy Resources Institute director general R.K. Pachauri.
It covered firms from manufacturing to services, public sector undertakings to multinational firms, and top 100 firms to top 300-500 firms.
Around 58% of the respondents claimed to have an understanding about climate change issues and international policies. About three-fourths of the firms said the issues will impact them.
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First Published: Tue, Dec 23 2008. 09 31 PM IST