Last updated: Apr, 2021
In recent years, India’s new age start-up companies have increased their focus on environmental awareness and are going beyond advocacy for plastic-free or paper-free workplaces. The latest agenda is to drive initiatives centred on responsibility towards sustainability. Nearly all companies have begun adopting greener practices to reduce their carbon footprint- it refers to the amount of greenhouse gases produced by a single entity and is measured as tonnes of CO2 emitted per year.
Government policies and corporate initiatives are helping India forge ahead with its sustainability agenda. The government’s support—in the form of regulations and commitments to amplify the use of clean energy resources and promote clean energy concepts—has been vital in driving growth. Also, the authorities have been undertaking several large-scale sustainable power projects to achieve the country’s targets as per the Paris Agreement. India plans to have 175 GW of renewable energy capacity by 2022.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.