Archive · 30 Jan 2026
India's $10T Net-Zero Goal Faces Corporate Transition Challenges
India wants to reach net-zero emissions by 2070, which will cost about $10 trillion.
A study looked at 33 big companies in industries like power and steel.
It found that most companies have set climate goals, but very few have detailed plans on how to achieve them.
Only seven companies have clear plans, and just 11 have analyzed climate risks.
Many companies also don't link their climate goals to their spending or executive pay.
The study says India needs better rules to make sure companies follow through on their climate promises.
India needs $10 trillion to reach net-zero emissions by 2070, but corporate transition plans are lacking.
Only 7 of 33 assessed companies have clear, time-bound transition strategies.
Just 11 companies conducted climate scenario analysis, a key tool for investors.
Less than one-third of companies linked emissions targets to capital expenditure plans.
Governance structures are present but weak, with few companies tying executive pay to climate performance.
- Who
- Indian companies across high-emitting sectors and the Institute for Energy Economics and Financial Analysis (IEEFA)
- What
- Assessment of corporate readiness for India's net-zero emissions target by 2070
- When
- Present and future transition planning
- Where
- India
- Why
- To understand the gap between climate commitments and actionable transition plans
- Investment Needed
- $10 trillion (₹883 lakh crore)
- Companies Assessed
- 33
- Sectors Covered
- Power, Steel, Cement, Oil & Gas, Chemicals, Commodities
- Companies with Transition Plans
- 7
- Companies with Climate Scenario Analysis
- 11
- Companies with ESG-Linked Executive Pay
- 9
- Companies Disclosing Scope 3 Emissions
- Fewer than half
