Among the top 200 Indian companies by market capitalization, only 59 companies (30%) responded to the CDP survey (India 200 Climate Change Report 2014). Over 90% of them (53+) state that climate change opportunities are driven by change in regulation.
About 15% of them (10) reduced their emissions despite a tough business situation and 50% of them have reduced their emission quantity or emission intensity, without compromising on business growth and profitability.
The following 5 Indian companies have made it to the global ranking : Wipro, Essar, Tech Mahindra, L&T, TCS.
The responding companies have acknowledged the role of government and regulations as the primary driver of climate change opportunities and investments.