Abstract
Global Warming is one of the most severe problems the world is facing today. This has resulted due to emissions of Carbon dioxide and Green House Gases (GHGs) from various anthropogenic activities. India is faced with the challenge of sustaining its rapid economic growth while dealing with the adverse consequences of climate change. Serious efforts are required to address the high carbon growth trajectory and mitigate the climate change risks. Indian Corporate sector is the major contributor to the Indian economy. However, these industries generate pollution because of outdated technologies, high waste generation and other economic factors. Leading Sectors such as cement, sugar, paper, iron and steel, power contribute more to the carbon emissions as compared to the IT and Banking sector. Therefore, the corporate sector should integrate sustainability into their business goals to mitigate the risks of climate change. They should invest in clean and renewable energy, adopt sustainable and energy efficient practices which would in return help them to generate revenue from sale of credits and get screened by their carbon performance to the Environmental Index Greenex.
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