The Climate Has Changed Better Business iN India
Summary
Indian companies are investing heavily in energy efficiency to combat high energy prices and meet regulatory requirements. Data from CDP shows that between 2012 and 2013, companies invested nearly $1 billion in over 200 projects, achieving an average internal rate of return (IRR) of 12.7%. Key investments include industrial process improvements and heat recovery systems, with the latter yielding a 30% IRR. Government initiatives like the Perform, Achieve and Trade (PAT) scheme are significant drivers, with 50% of CDP-surveyed companies citing the scheme as a key strategic driver. The report highlights that adopting low-carbon technologies could reduce India's projected 2050 emissions from 7.8 GtCO2 to 2.4 GtCO2, though this would require annual investments between $200 billion and $400 billion.
Key insights
- Between the 2012 and 2013 financial years, Indian companies invested nearly $1 billion in more than 200 energy efficiency projects, yielding an average internal rate of return (IRR) of 12.7%.
- Investment in energy efficiency is concentrated in specific areas: industrial and manufacturing process improvements deliver the highest carbon savings (nearly 1 million tonnes CO2e annually) with a 2% IRR, while heat recovery systems provide a higher 30% IRR and nearly 0.6 million tonnes of annual carbon savings.
- Government regulation is a primary catalyst for climate investment in India; 90% of companies responding to CDP indicate that climate change opportunities are driven by regulatory changes, and 50% identify the Perform, Achieve and Trade (PAT) scheme as an important driver of their strategic direction.
- To reduce projected 2050 emissions from 7.8 GtCO2 to 2.4 GtCO2, India would need annual investments of $200 billion to $400 billion until 2050, representing 1.2% to 2.4% of projected 2050 GDP.
Cite the original document
- APA
- We Mean Business Coalition (n.d.). The Climate Has Changed Better Business iN India. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/The-Climate-Has-Changed-India_0.pdf
- Chicago
- We Mean Business Coalition. The Climate Has Changed Better Business iN India. n.d. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/The-Climate-Has-Changed-India_0.pdf.
- Wikipedia
- {{cite report |author=We Mean Business Coalition |title=The Climate Has Changed Better Business iN India |url=https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/The-Climate-Has-Changed-India_0.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{wemeanbusinesscoalitionndclimate, author = {{We Mean Business Coalition}}, title = {{The Climate Has Changed Better Business iN India}}, institution = {We Mean Business Coalition}, url = {https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/The-Climate-Has-Changed-India_0.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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