RIL chief Mukesh Ambani says no option but to make businesses green

Asia’s richest man Mukesh Ambani on Monday 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 dialling 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.

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