News on Medial

Consumer goods companies step up efforts to mitigate climate risks

LivemintLivemint ยท 8m
Consumer goods companies step up efforts to mitigate climate risks

Several large makers of fast-moving consumer products in India are taking steps to mitigate the risks posed by erratic and extreme weather patterns, according to their annual filings. Dabur India, a consumer goods maker, reported that climate change, including unseasonal rainfall and delayed winters, affected its seasonal portfolio in FY24. The company has hired its first-ever chief sustainability officer and is focusing on climate-related uncertainties. Other companies such as Nestlรฉ India, Hindustan Unilever, and ITC are also implementing sustainability measures to reduce their impact on the environment and secure their supply chains. Bisleri, a packaged water maker, is exploring the introduction of water credits to promote water conservation in the beverage industry.

Comments

Download the medial app to read full posts, comements and news.