Country Director Prarthana Borah Leads Discussion on Financing India’s Sustainable Future
CDP India recently hosted a significant panel discussion titled “Financing for ‘Net-Zero’: Inspiring Investors with Disclosure.” This event brought together key players from the financial sector, including industry experts and thought leaders, to discuss India’s Net-Zero future.
The distinguished panel included notable figures such as Kathlyn Collins from Matthews Asia, SK Gupta from ICMAI (Institute of Cost Accountants of India), Nirnita Talukdar from UNEP FI (United Nations Environment Programme Finance Initiative), Dhruba Purkayastha from CPI (Climate Policy Initiative), Hetal Gandhi from CRISIL, and Abhejit Agarwal from Axis Bank.
Prarthana Borah, Country Director of CDP India, emphasized the critical role of investors in driving disclosures for a net-zero future in India. She highlighted the diverse perspectives offered by the panelists, contributing to a comprehensive understanding of this crucial endeavor.
CDP India’s efforts in sustainable finance included discussions on sustainability targets for Asian financial institutions, capacity building in the sustainable finance ecosystem, and innovative financing collaborations. They also addressed challenges in decarbonizing industries like steel and cement, underlining the potential for transformative change.
Borah stressed the importance of companies investing in climate action and called for regulators and investors to demand climate-related data. She acknowledged progress with SEBI’s BRSR mandate but emphasized the need to integrate sustainability into every financial decision.
Nicolette Bartlett, Chief Impact Officer at CDP, added a global perspective to the conversation, emphasizing the importance of adapting global sustainability frameworks locally. These discussions reaffirm CDP’s commitment to advancing sustainable finance and a more sustainable, resilient future.