62% of Nifty 50 firms set green goals

Of the 31 companies, 20 have net-zero target and 11 carbon neutrality target: IIAS report

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More than half of the Nifty 50 companies have set climate goals, including net-zero or carbon neutrality targets, according to September 2024 disclosures analysed by proxy advisory firm Institutional Investor Advisory Services (IIAS).

The IIAS report found that 31, or 62 per cent, of the Nifty 50 companies have either a net-zero or a carbon neutrality target. Among these, companies with commitments to both goals have chosen the more stringent net-zero target.