Business India ×
  Magazine:
Guest Column

Published on: Nov. 3, 2021, 6:59 p.m.
Why the world must listen to India
  • JSPL has pioneered the use of Clean Technology of Coal Gasification in its Odisha plant at Angul

By Naveen Jindal. The author is Chairman, Jindal Steel and Power Limited

India has always taken pride in being an environmentally-conscious and responsible nation. Indians are known to be concerned about not just fellow humans but also about the flora fauna, and the environment. We have always considered protecting the environment as our collective duty and shared responsibility. 

Mahatma Gandhi’s ideas and ideals have influenced generations of environmentalists and climate activists, and they remain as relevant today. As Gandhi would argue, we are not owners of this planet; instead, we nurture and protect it for future generations. Hence, it is imperative that we respect and protect our surroundings, our habitations, and we don’t degrade the environment. India has always lived up to these ideals. 

To give an example of our environmental commitment in the current context, India is the only G-20 nation today on course towards achieving Paris Agreement goals. Climate change is one of the most important issues facing the world, more so in the post-Covid-19 pandemic era. If unchecked, any climate crisis can spell disaster for humankind. From floods to bushfires, from diseases to pandemics, the ill-effects of climate change are real. Incessant rains in some Indian states, for instance, have been cited as examples of climate change. 

We must work towards saving humankind. It begins with protecting the environment as the first and most important step. In the run-up to the COP26 (the 26th United Nations Climate Change Conference of the Parties) summit, an energy/coal crisis affected the entire world, from Europe to US to Asia, only recently. We must use our natural resources judiciously. 

The COP26 Glasgow summit provides us with an opportunity to present to the world the uniquely all-encompassing Indian worldview. India will impress on the developed world to deliver on its $100 billion per year Climate Finance promise to the developing world. India will network with like-minded developing nations, and impress upon the developed world to realise and work on its obligations as the developed countries are bigger, and richer, polluters. 

While India is aware of its responsibilities towards the environment, it must always factor its massive growth needs. It’s the developed, industrialised western world that causes most pollution, and this has been the case for over a century. Consider this: India’s per capita carbon emissions per year is 1.96 tonnes. US per capita carbon emissions per year, on the other hand, is 18.6 tonnes. The corresponding figures for China and the European Union are 8.4 tonne and 7.16 tonne, while the global average is 6.64 tonne. Countries are being asked to announce emissions reduction targets so as to reach net zero by 2050. In other words, to limit the rise in the planet temperature increase to 1.5 degrees, countries are being asked to produce less carbon than they take out of the atmosphere. India has not committed to the 2050 deadline. 

As part of the plan, they are being asked to work on phasing out coal, encouraging renewables and e-vehicles, and curtailing deforestation. India has done well on renewables and encouraging e-mobility. We have a target to have 450 GW of renewable energy capacity by 2030, and we already have renewable capacity of 100 GW. E-mobility has got a huge boost during recent years in India and has increased its forest cover. 

We, however, need to tread cautiously as far as any pressure on phasing out coal is concerned. For a rapidly growing and industrialising country like India, coal is a precious natural resource. For all our infrastructural needs, coal is important, and infrastructure will be the major driver of growth and expansion. To give a perspective, coal accounts for 70 per cent of the country’s current electricity output. While renewables remain the priority, coal will continue to fuel India’s growth and prosperity, at least for the next two decades. We, however, must innovate and ensure that coal causes little or no damage to the environment. 

To give our own example, JSP has pioneered the use of Clean Technology of Coal Gasification in its Odisha plant at Angul. India has a target of gasification of 100 million tonnes of coal by 2030. Climate protection is a shared goal for governments, corporates, civil society, and individual stakeholders. As a responsible corporate, JSP is committed to reducing its carbon footprint. It has planted more than 5 million trees in and around its plant facilities. It has encouraged waste to wealth practices, along with rainwater harvesting, at its facilities. 

All corporates can play their part in mitigating the climate crisis in their own small, yet meaningful, ways. For example, as India urbanises rapidly, green buildings can be the norm. Water harvesting should be a must for all new urban facilities. All urban townships, IT parks, and emerging business hubs can be encouraged to generate their own electricity, say, by rooftop solar panels. E-mobility can be encouraged and cycling tracks can be made mandatory in urban settings.

Individually, we can be responsible citizens, say, by turning off electrical appliances when not required, or switching off car engines at traffic red lights, or cutting on the use of plastics in everyday lives. India has always believed in protecting the environment. We need to rediscover our roots, improvise and innovate to suit our new-age needs, even as we remain firm on our growth agenda, and re-establish our leadership role on the world stage. All of us can then be Green Warriors working towards a greener, better and more equal and just world.

Don't miss this

Cover Feature

Double impact

The merger drive is expected to make Jindal Stainless a more formidable entity both within the country and outside

Corporate Report

Midhani moves up the value chain

This mini-ratna PSU promises to scale up fast in the future and become a full-fledged navratna

Focus

The battle over MSP

Any government keen on tackling the issue will need the political will and financial resources which currently seem to be in short supply

Corporate Report

Transformation of KEC

KEC’s recent endeavour towards mechanisation and digitalisation has been a major success story

Our letter to you, once a week.
Register with The CSR Weekly for free!

E-MAGAZINE
Jindal Stainless-Double Impact
New Prescription
COP26 Race to NET ZERO
FROM THIS ISSUE

Selections

Enterprise

Corporate Report

Aviation

Cover Feature

Books

Social Responsibility

Healthcare

Goodyear India partners Americares India Foundation

Published on Feb. 2, 2021, 9:21 p.m.

The partnership will support COVID-19 healthcare facilities in Faridabad and Aurangabad

Environment

Tata Motors launches a 'Go Green' initiative

Published on Dec. 23, 2020, 10:34 a.m.

The company will plant a sapling for the sale of every new commercial vehicle

Women Empowerment

Tata Starbucks ties up with Educate Girls to empower women

Published on Dec. 2, 2020, 3:10 p.m.

The partnership aims to provide volunteering and educational support to those who have relocated to urban cities from villages

Environment

Indian Oil has a social initiative for a clean and green world

Published on Nov. 25, 2020, 2:53 a.m.

The public sector company is planting a tree for every retail customer visit during its TreeCheers campaign period

Climate Change

Green Buildings

Buildings to go green by 2050!

Published on Nov. 24, 2021, 6:34 p.m.

CII’s green building council takes a leaf out of India’s Glasgow pledge

Energy

IEX resumes trading

Published on Nov. 24, 2021, 6:30 p.m.

Of about 1,381 billion units of electricity consumed in India, only 7 per cent is traded on power exchanges

Air Quality

The black carbon threat

Published on Nov. 24, 2021, 6:13 p.m.

India and China are the biggest contributors of black carbon – the chief aerosol pollutant

Energy

Jindal to build coal mine in Botswana

Published on Nov. 24, 2021, 6:11 p.m.

The company is shortlisted for a 300MW coal-fired power plant in the country

Stay ahead of the times.
Register with The Climate Change Weekly for free!