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Environment

Inside Tech Mahindra’s corporate climate lobbying push for value-chain partners to go green

Inside Tech Mahindra’s corporate climate lobbying push for value-chain partners to go green
Inside Tech Mahindra’s corporate climate lobbying push for value-chain partners to go green
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Synopsis

Tech Mahindra is among two Indian business entities to join a global declaration on climate lobbying, an idea that is new to India. Active lobbying by powerful industry associations has often decelerated or inhibited the advancement of Paris-aligned climate policies. The aim of climate lobbying is to push for climate action in business and not stall pro-climate decisions for profits.

IT-services major Tech Mahindra has joined a group of 50 companies together having annual revenue of USD900 billion to endorse a global corporate climate-lobbying agreement, committing to push their trade and business associations to advance alignment with the Paris Agreement climate goals that include keeping global warming well below 2°C. The agreement recognises that active lobbying by powerful industry associations has decelerated or
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The Economic Times