7 Companies from India Feature in the Carbon Clean200 report

According to the latest Clean200 list, featuring the world’s largest publicly traded companies making significant revenue from clean energy, seven of India’s companies are included. Only Germany, Japan, the U.S., and Greater China have a larger representation than India on the list.

These seven companies are Suzlon Energy (rank 55), Bharat Heavy Electricals (rank 85), Tata Chemicals (rank 144), Exide Industries (rank 155), IDFC Ltd (rank 167), Thermax Ltd (rank 169), and Havells India (rank 200).

Forbes reports that the companies in the Carbon Clean200 report, compiled by the non-profit organizations As You Sow and Corporate Knights, are listed on the basis of certain criteria, some of which are:

  • their estimated green revenues in U.S. dollars
  • they are companies with over $1 billion of market capitalization (at Q3 2017-end)
  • those that earn more than 10 percent of total revenues from New Energy sources

“The Clean200 excludes all oil and gas companies and utilities that generate less than 50 percent of their power from green sources, as well as the top 100 coal companies measured by reserves, top 100 weapons producers, and laggards on tropical deforestation, and child or forced labor, and companies who engage in negative climate lobbying,” the report said.

Suzlon Wind Energy

Suzlon Wind Energy

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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