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Consumer goods companies step up efforts to mitigate climate risks

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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 Nestlé 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.

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