Page 8 - CESD Annual Report 2022_Page01-46
P. 8
As an organisation, CII, over the last several Change Performance Index. The index is
decades has put a significant focus on published by German Watch, New Climate
sustainability. As a thought and action Institute and Climate Action Network
leader, CII has the convening power to bring International based in Germany. The top-5
stakeholders together. Industry is taking rank globally reflects that India is
leadership in bringing to life innovative implementing energy transition
business models that tackle environmental programmes such as renewable capacity
and social challenges, build resilience, and installation at much faster rate than
impact society positively. anywhere in the world.
The WEF Global Risks Report 2023 clearly For the third consecutive year, India has
states that the long-term risk of failure to attained the position of fastest-growing
tackle climate change emerges as the large economy in the world - during the year
biggest set of risks. From failure to mitigate FY2022-23, India’s GDP expanded to 7.1
climate change to biodiversity loss and percent, and it is set to continue on a path of
ecosystem collapse, the top 4 most severe robust and accelerated growth. As India
CII is committed to risks over the next 10 years are all embarks on a dynamic growth era towards
partnering with Indian environmental . The report said the window 2047, when it completes 100 years as a
industry in achieving its for action on the most serious long-term nation, CII is committed to partnering with
aspirations for growth, while threats is closing rapidly and concerted, Indian industry in achieving its aspirations for
contributing majorly to the collective action is needed before risks reach growth, while contributing majorly to the
a tipping point. Over the past few years, we global and Indian challenges of inclusive
global and Indian challenges
have seen an increase in natural calamities development, competitiveness,
of inclusive development,
– from wildfires and storms to floods and sustainability, and globalisation, and building
competitiveness, droughts. Since 2008, devastating floods and trust with all stakeholders.
sustainability, and storms have forced more than 20 million
globalisation, and building people from their homes each year. Through our Centres of Excellence (CoEs), we
trust with all have facilitated industry’s evolution and
stakeholders. On India’s part, every effort at enhanced progress in the arena of sustainability. And in
ambition is being undertaken, which include particular, the CII-ITC Centre of Excellence for
India’s updated NDCs and declaration of sustainable development, while creating a
net-zero by 2070 and tremendous efforts in significant repertoire of subject matter
domestic climate action with a wide range of knowledge in sustainability has created
initiatives, programmes and schemes by the platforms to dynamically work in the areas of
government. In fact, India is ranked among Climate Action, Biodiversity, Clean Air,
the top five countries, and the best among Plastics, Circular Economy, ESG, and Supply
the G20 nations, under the global Climate Chain Sustainability, among others, and
mobilizes collaborative industry action. The
08 Commitment Towards a Sustainable Future
