What is Climate Action Charter Assessment?
The CII Climate Action Charter (CCAC) will provide a platform for Indian businesses to map Climate Change as a material risk across value chains and develop long-term actions to build resilience. This platform will facilitate businesses to lead their sectoral climate actions and showcase best practices for addressing climate risks.
The CII Climate Action Charter (CCAC) has been designed to provide impetus for collective action by Indian businesses to drive solutions for a just, equitable and resilient transition. CCAC will provide a platform for Indian businesses to map climate change as a material risk and develop actions to build sustainable and resilient businesses, thus ensuring long-term competitiveness.
Charter Principles
CCAC is based on the four principles which will support businesses in addressing climate change risks in their operations. The principles are based on four critical areas.
GHG Emission Reduction
Develop measurable short term (5 years) and long term targets for GHG emission reduction.
Transition in Value Chain
Support value chain in climate transition.
Building Resilience
Build resilience for future climate change impacts.
Mobilizing Green Finance
Accelerate green finance for climate transition.
