Climate change has become an economic risk: KSPCB chairman
Industry leaders and policymakers at the CII Karnataka ESG Summit 2026 emphasized that climate change is now a core business and economic risk. They argued that ESG considerations must be integrated into boardroom strategies to ensure long-term competitiveness.
Why it matters
It reflects a shifting corporate paradigm where sustainability is viewed as a fundamental requirement for business resilience rather than just a compliance task.
Climate change is no longer an environmental or developmen concern; it has now become a business and economic risk, said Srinivasulu, chairman, Karnataka State Pollution Control Board (KSPCB) here on Friday.
“Climate intelligence must therefore become business intelligence, with climate considerations embedded in boardroom decisions alongside land, labour, capital and finance,’’ he urged while delivering the keynote at CII Karnataka ESG Summit 2026.
Themed around: “Building Climate-Resilient and Competitive Businesses: From ESG Commitment to Action,’’ the event brought together industry leaders, policymakers, sustainability experts, technology providers and academia to deliberate on emerging trends, critical challenges, and practical solutions shaping the ESG landscape.
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