CLSA U Research - Long way to green
Date: 30 October 2012
Faced with limited resources and competition, few Indian mining/metals companies have improved their green footprint. Regular violations of environmental laws and poor safety track records suggest that steelmakers have a long way to go to achieve best-in-class benchmarks.
Stiff regulations, strict enforcement, resource constraints and competitive threats should drive better behaviour. CSE's GRP team explains how increased investor scrutiny can help the green production cause