CII – NET ZERO PROGRAM
Program for accelerating climate actions in Indian industry
Need for Net-Zero
Corporate emissions, estimated to comprise around 45% of India's total emissions in FY 2023, are crucial to the government's net-zero strategy, emphasizing the urgent need for their reduction. Anticipated voluntary and regulatory sustainability initiatives are poised to have a notable impact on Indian companies.
SEBI Compliance
Business Responsibility and Sustainability Reporting (BRSR) for India’s top 1000 listed companies.
Trade Regulations
Emissions-related trade regulations are being introduced, such as the Carbon Border Adjustment Mechanism.
Indian Carbon Market
The government has introduced a framework for the Carbon Credit Trading Scheme and the Indian Carbon Market.
Corporate Climate Action in India
An analysis of NSE 500 companies indicates the following:
Accelerating corporate climate action is essential to meet India's Net-Zero goal by 2070.
CII – Net Zero Program
Program Objective
“Steer decarbonization pathways by enabling companies & corporates to commit and accelerate actions towards Net - Zero emissions”
Methodology
Stream 1 - Transition towards Net – zero emissions (addressing scope 1 & 2)
Stream 2 - Enhancing sustainable supply chain (addressing scope 3 emissions)
Participating companies (as of February 2024)
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10+ million tons of CO2e cumulative GHG emissions
Partner
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Benefits of the CII-Net Zero Program
CII-GBC: Experience & Expertise in GHG management
Contact
V Kannan | kannan.vairavan@cii.in | 9177577122
Shashi Kala Agarwal | shashi.agarwal@cii.in | 8004880268
Nisha Jayaram | nisha.jayaram@cii.in
Murali Krishnan Kannan | k.muralikrishnan@cii.in