India's top firms face little stakeholder pressure to combat climate change with only about 40 percent of the companies surveyed setting voluntary carbon emissions reduction goals, a report said.
A survey by KPMG consultants of 70 CEOs found their response to climate issues was driven largely by the need to comply with expected regulations, while leaving the leadership role in tackling global warming to the government.
The survey included top companies from power, automobile, petroleum, cement mining and construction sectors.
There was no dearth of understanding of the subject with 83 percent of the firms saying they either had a clear strategy in place to reduce carbon emissions or were developing such plans.
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