Ad Here  
Chennai Port is at last decongested! Four daughters and a proud father Veritas Finance- financing the unfinanced ALL – truck industry is recovering from degrowth Techies trip to India More gensets and diesel engines from TAFE Indigo stays leader with 40 per cent share TOP 10 CEO Compensation Placing the right shoe forward... Murugappa- a year of consolidation Research needs more funding Applauding enterprise... Hyundai excites again Economic, business and social sustainability Housing Innovation Challenge, 2015 On the ‘milky’ way TN budget pragmatic and moderate on fiscal deficit Auto test tracks launched at GARC Oragadam campus Time to fast-pace the logistics sector Adding Zest to Scooty IFCI to raise NCDs upto Rs 2000 crore TII-challenging year with flat growth Hero Motocorp - smooth ride Chennai to get a roundabout Metro Towards peace of mind TII’s single largest investment at Thiruthani Tata Steel commence operations at Kalinganagar AirAsia India infuses funds to fight out competition Nigeria comes nearer LVB gears to become a financial supermarket Changing dynamics in human resource management World labour laws at a glance Need to focus on ease of doing business... Climate change may change the way businesses work... Waste, a gold mine Business Breif Smart controls for cooling large multi-zone spaces ... STFC raises money Reality bytes An aerospace-defence cluster in Tamil Nadu… Chola MS net crosses 100 crores Purdue and IIT-M sign the dotted line Airlines wage price war Steel loses its sheen Strategy war escalates between Hero and Honda Brand leaders come forward... Focus on self-certification and third party inspection ALL to launch electric busses When Centre visits the state Business Briefs Holiday Inn opens in OMR Chennai Scoot offers just Rs.13,500 to ANZ... Innovation that helped Chennai port Rating of states to be released soon Curbing steel imports will hurt small business... Celebration time at MS Chola WABCO’s second Chennai plant Blue Star plans a new plant in south Connecting the unconnected Carrefour’s quick exit A global plastic event in India Creating Tamil Nadu Banana brand Inclusive and forward moving... Ridley marathon to India TVS Logistics – another acquisition to sharpen the business model Realising double digit growth in Tamil Nadu Gem of social service... TCS’ revenues cross Rs 100,000 crore Apple maps – finding its way Illicit markets a concern to growing economy Dynamic e-commerce scenario Flexible labour laws… Schwing Stetter India joins hands with US-based Gomaco Secured NCDs from Shriram City BRICS development bank Chola MS launches motor app OBO Bettermann for better lightning protection European crisis is a global crisis! Celebrating 180 years of relevance Industry-well poised to invest on expansion Indian Bank – global businesses crosses Rs 3 lakh crore... ALL-two launches in a row Make way for the new and dynamic railways Striking cords for 25 years… Investor friendly Japan Big-ticket investments march towards Punjab Three more leather clusters… Is Indian telecom industry heading for a monopoly? Sun Edison launches solar pumps Chennai will soon get its World Trade Centre Pharma market dozes People Flow Day- Safety Digital retail transactions stabilise at higher level… TiE applauds innovative entrepreneurs The new look- 4s Verna Economic issues take a back seat at G20 summit Nothing to hide... Automotive Vision Plan II... - Bridging the skill deficit in pharma industry Well-refined – RIL’s refinery margins zoom Durga - India’s largest blast furnace; now operational An American alliance in the chemical industry? ISRO's 100th mission CUB: towards card-less withdrawal Backpack laboratory Downsizing spree... ECGC expands operations SumInfra- corridor based development... Realty sector takes a break...
Climate change may change the way businesses work...

Heat wave kills more than 2500 people in India; Drought in most parts of India for the second year. Floods in Jammu and Kashmir; Cyclones in Odisha; Delhi has the most poisonous air to breath. In the recent times we read these news items. “Is climate change a hype or reality?”

Madras Chamber of Commerce and Industry(MCCI) organised a panel discussion on Climate Change. “Studies conducted by World Bank show the dramatic impact of climate change. Heat and weather extremes are already impacting people, damaging crops and coastlines and putting food, water, energy and security at risk, ” said Vidya Soundarajan, Senior Regional Advisor, Climate Change  and Energy.


Tara Parthasarathy, Jt. MD, Ultramarine & Pigments Ltd, said: “due to climate change, industry and business reliant on coal, oil and gas may expect greater regulation of use and less regulation on price. Interest rates will increase due to credit downgrading and cost of capital for carbon-intensive projects will increase.”

The solution to these lies in implementing less resource-intensive products and services and investing in efficiency and new technology. Identification of climate risk in any long term projects and mitigating cost including the environmental cost, will become necessary in times to come.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236