Decarbonizing India: driving climate action through disclosure - CDP India disclosure report 2022

Corporate India is becoming more aware of climate change and the risks it poses to their business, shows the CDP India Disclosure Report 2022. In 2022 alone CDP in India has seen a 40 per cent increase in environmental disclosures across CDP’s three themes – climate change, water security and forests by corporates in response to the request to do so from our investors. Comparing this tremendous growth to the 28 per cent growth reported in 2021. Aside from the upward trend in overall disclosures, a number of other important trends have also shown a positive trend: higher (and more ambitious) targets, expanding board-level scrutiny of environmental-related issues, increased disclosure of overall climate transition plans, and meaningful climate, forest, and water security targets.