RIL chief MukeshAmbani says no option but to make businesses green

Asia’s richest man Mukesh Ambani said there was no option for businesses but to go green and every unit of Reliance Industries will have to pivot as the conglomerate moves towards net-zero.

“We have no option as a society, as a business but to really adopt a sustainable business model,” he said while speaking at the Qatar Economic Forum. On if this green push will require dialing back on some of Reliance’s businesses, Ambani said “it means transforming our businesses and integrating that with the future”, without sharing more details.

The pivot towards a greener, cleaner version of itself won’t be an easy one for India’s most valuable company, which got about 60% of revenue from its hydrocarbon-fuelled energy operations for the year-ended March. Ambani pressed for bridging the digital divide both among nations and within nations, saying connectivity and communications have become the fundamental rights of every person.

The digital divide must be bridged, both among nations and within nations. This is because connectivity and communications have become the basic needs, and also fundamental rights of every human being on the planet (just) as basic as food, clothing, and shelter.

Source: Business Standard