Climate change has become an economic risk: KSPCB chairman
Karnataka State Pollution Control Board chairman Srinivasulu warned that climate change has become a direct economic risk for businesses, urging firms to treat climate intelligence as core business intelligence at the CII Karnataka ESG Summit 2026. Several industry leaders echoed the call to embed ESG and resilience into boardroom decisions across Karnataka and India.
- ✓Karnataka State Pollution Control Board chairman Srinivasulu warned that climate change has become a direct economic risk for businesses, urging firms to treat climate intelligence as core business intelligence at the CII Karnataka ESG Summit 2026.
- ✓Several industry leaders echoed the call to embed ESG and resilience into boardroom decisions across Karnataka and India.
- ✓Civic Domain: Categorized under business public notices.
Karnataka State Pollution Control Board (KSPCB) chairman Srinivasulu addressed the CII Karnataka ESG Summit 2026 on Friday, stating that climate change is no longer merely an environmental concern but a tangible business and economic risk. He urged that climate intelligence be integrated alongside land, labour, capital and finance in boardroom deliberations, positioning it as essential business intelligence.
The summit, convened in Bengaluru, Karnataka, gathered senior executives and policymakers, including former CII Southern Region chairman and Volvo Group Managing Director Kamal Bali, CII Karnataka ESG Summit chair Vijaykrishnan Venkatesan of Kennametal India, and Bosch Group India chairman Guruprasad Mudlapur. Bali highlighted that ESG is shifting from aspiration to execution, with resilience becoming a critical business imperative amid climate, geopolitical and supply‑chain challenges.
Speakers underscored that ESG has evolved from a compliance checklist to a strategic foundation for long‑term competitiveness. They warned that businesses ignoring climate risks, supply‑chain realignments and geopolitical uncertainties may face reduced growth, while those embedding resilience into products, partnerships and operations can capture new market opportunities. The dialogue reflects a broader national trend of treating sustainability as a core driver of economic performance.
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| Issuing Authority | The Hindu National |
|---|---|
| Topic Category | BUSINESS |
| Jurisdiction | KA State |
| Publication Date | 11 September 2026 |