How Corporate India Is Investing In Climate & Environmental Resilience

Fo
yea s,
e vi o me tal
CSR
i
I dia
was
la gely
associated
with
t ee
pla tatio
d ives,
clea li ess
campaig s
a d
occasio al
co se vatio
p ojects.
While
those
i itiatives
co ti ue,
compa ies
a e
i c easi gly
di ecti g
thei
CSR
effo ts
towa ds
somethi g
fa
mo e
st ategic.
They’ e
st e gthe i g
climate
esilie ce,
secu i g
wate
esou ces,
p omoti g
ci cula
use
of
mate ials,
a d
helpi g
commu ities
adapt
to
a
wa mi g
wo ld.The
cha ge
eflects
a
g owi g
ealisatio
that
e vi o me tal
sustai ability
is
o
lo ge
just
about
p otecti g
atu e.
It
is
about
p otecti g
livelihoods,
busi esses,
a d
the
eco omy
itself.Climate
cha ge
is
al eady
affecti g
wate
availability,
ag icultu e,
supply
chai s,
a d
i dust ial
ope atio s.
As
these
isks
i te sify,
Co po ate
I dia
is
begi i g
to
see
e vi o me tal
CSR
ot
as
phila th opy
but
as
a
i vestme t
i
lo g-te m
esilie ce.The
scale
of
the
challe ge
is
e o mous.
I dia’s
d aft
Climate
Fi a ce
Taxo omy
estimates
that
the
cou t y
will
equi e
a ou d
$2.5
t illio
(Roughly
a
estimated
Rs
2,50,00,000
c o e
o
Rs
250
t illio )
to
meet
its
climate
commitme ts
by
2030,
while
climate
adaptatio
alo e
could
equi e
i vestme ts
of
ea ly
Rs
56.7
t illio
du i g
the
same
pe iod.

These
figu es
u de li e
why
esilie ce
has
become
a
busi ess
impe ative
as
much
as
a
e vi o me tal
o e.I c easi gly,
compa ies
a e
alig i g
thei
CSR
p og ammes
with
this
ew
eality.
Wate
has
eme ged
as
o e
of
the
biggest
p io ities.Acco di g
to
the
Ce t al
G ou d
Wate
Boa d,
I dia
ext acts
245.6
billio
cubic
met es
(BCM)
of
g ou dwate
a ually,
with
751
assessme t
u its
al eady
catego ised
as
ove -exploited,
206
as
c itical
a d
a othe
711
as
semi-c itical.
Ag icultu e
accou ts
fo
87%
of
g ou dwate
ext actio ,
maki g
wate
sca city
a
co ce
that
exte ds
fa
beyo d
fa ms
to
i dust ies,
cities
a d
supply
chai s.Fo
CSR
p og ammes,
this
has
mea t
a
shift
f om
isolated
wate
p ojects
towa ds
la dscape-level
i te ve tio s.
I fosys,
fo
i sta ce,
epo ts
c eati g
40
lakes
ac oss
its
campuses
with
a
combi ed
ai wate
sto age
capacity
of
430
millio
lit es,
suppo ted
by
409
deep
i jectio
wells
a d
complete
ecycli g
of
wastewate .

The
evolutio
of
e vi o me tal
CSR
eflects
a
b oade
shift
i
co po ate
thi ki g.
Ea lie ,
e vi o me tal
spe di g
was
ofte
evaluated
th ough
the
umbe
of
t ees
pla ted
o
awa e ess
campaig s
o ga ised.

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TOI
commu ity
guideli es

Today,
compa ies
a e
i c easi gly
aski g
whethe
thei
i vestme ts
imp ove
wate
secu ity,
st e gthe
ecosystems,
educe
esou ce
co sumptio ,
a d
help
commu ities
withsta d
climate
shocks.The
app oach
also
alig s
mo e
closely
with
busi ess
p io ities.
Healthie
wate sheds
mea
mo e
eliable
wate
supplies.
Ci cula
esou ce
use
educes
depe de ce
o
vi gi
mate ials.
Climate- esilie t
ag icultu e
st e gthe s
u al
livelihoods
while
imp ovi g
supply-chai
stability.
I vestme ts
i
e vi o me tal
esilie ce,
the efo e,
ge e ate
be efits
that
exte d
beyo d
complia ce
o
co po ate
eputatio .

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