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https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3899| Title: | Stranded Assets and Finance |
| Authors: | Majmudar, Utkarsh |
| Keywords: | Paris Agreement Climate change Glasgow summit Fossil fuels Supply chains Stranded assets Environmental challenges Climate crisis Water tress Biodiversity loss |
| Issue Date: | Aug-2022 |
| Publisher: | The Financial Research and Trading Laboratory (FRTL), IIM Calcutta |
| Abstract: | The Paris Agreement of 2015 signaled the shift towards net-zero. And the Glasgow summit of 2021 has highlighted the urgency for the change. With climate change becoming a reality, addressing the issue has become critical. The shift to net-zero requires moving away from fossil fuels (coal, oil, and gas) and decarbonizing production processes and supply chains. This move requires dramatic changes. Coal-based plants give way to renewable energy plants. Equipment used in production may need to be replaced with equipment that uses new energy sources or uses energy more efficiently. Thus, new equipment or new methods may be required. All this results in stranded assets. In this piece, I explore stranded assets and their implications and focus on environment-related stranded assets. |
| Description: | Biosketch: Utkarsh Majmudar is a professional with over two decades of experience encompassing teaching, research and administration at premier business schools in India (IIM Bangalore, IIM Lucknow, IIM Udaipur etc.) and working with large corporations in India at GE Capital, iGATE and HSBC. Apart from finance, he has done significant work in the area of sustainability – conducting an annual study of the performance of companies on corporate responsibility, working with large companies, publishing cases on sustainability, and writing extensively on the theme. He has co-authored two books. The second book, Shift: Decisions for a Net Zero World, was released recently. Utkarsh is a member of the Board of Governors at IIM Raipur |
| URI: | https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3899 |
| Appears in Collections: | Issue 1, August 2022 (10th Anniversary Issue) |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Stranded Assets and Finance.pdf | Stranded Assets and Finance | 15.36 MB | Adobe PDF |  View/Open |
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