印度企业转型评估介绍

A guide for bankers to assess the transitionrisks and opportunities of companies About the Organisations Rocky Mountain Institute, or RMI, is an independent, nonpartisan nonprofitfounded in 1982 that transforms global energy systems through market-drivensolutions to secure a prosperous, resilient, clean energy future for all. Incollaboration with businesses, policymakers, funders, communities, and otherpartners, RMI drives investment to scale clean energy solutions, reduce energywaste, and boost access to affordable clean energy to enhance security,economics and improve people’s livelihoods. RMI is active in over 50 countries.RMI has been supporting India’s mobility and energy transformationsince 2016. Climate Policy Initiativeis an analysis and advisory organization with deepexpertise in finance and policy. Our mission is to help governments,businesses, and financial institutions drive economic growth while addressingclimate change. CPI has seven offices around the world in Brazil, India,Indonesia, South Africa, the United Kingdom, and the United States. Authors and Acknowledgements Acknowledgements RMI The authors would like to express their gratitude to Dhakshin Kumar, Parimal Kogekar, Harsha Pallerlalmudi, ZoyaZakai, Estefania Marchan, Nicholas Halterman, and Thomas White from RMI and James Mitchell (ex-RMI), who haveprovided foundational insights to shape this work. We also extend our gratitude to Saarthak Khurana from theClimate Policy Initiative for his inputs to further strengthen the report. Akshima GhateAnkur MalyanRiya SaxenaKaustav Sood Climate Policy Initiative India Disclaimer The views and opinions expressed in this document are those of the authors and do not necessarily reflect thepositions of their institutions or governments. While every effort has been made to verify the data and informationcontained in this report, any mistakes or omissions are attributed solely to the authors and not to the organisationsthey represent. The report does not endorse any company, organisation, or individual mentioned in the report. Kalpesh GadaAnjan GhoshKhaja Mohammad HarisNeha KhannaDivya PingeGauri Tandon The authors value collaboration and support India’s energy transition through sharing knowledge and insights. Wetherefore allow interested parties to reference, share, and cite our work through the Creative Commons CC BY-SA4.0 licence.https://creativecommons.org/licenses/by-sa/4.0/. All images used are from Unsplash unless otherwise noted. Citation Akshima Ghate, Ankur Malyan, Kaustav Sood, Riya Saxena, Anjan Ghosh, Divya Pinge, Gauri Tandon,Kalpesh Gada, Khaja Mohammad Haris, and Neha Khanna,An Introduction to Corporate Transition Assessmentsin India: A guide for bankers to assess the transition risks and opportunities of companies, RMI, Climate PolicyInitiative, 2026, https://rmi.org/insight/an-introduction-to-corporate-transition-assessments-in-india About this guide This guide provides insightinto why and how to conductcorporate transitionassessments, using a casestudy of a leading primarysteel producer This guide has been developed jointly by RMI and the Climate Policy Initiative (CPI) India to providebankers with an India-specific case study of how to use the corporate transition assessment (CTA)framework in India. The assessment benefits from being region- and sector-specific; thus, thisplaybook has been designed for the steel sector in India. What does the guide cover? Step-by-step outline and guidance on how to conduct a CTAReal-world case study of a leading primary steel producer (hereafter identified as Company X)Insights into the dynamics of the steel sector in India and the breakdown of the dependenciesassociated with each steel decarbonisation lever in India from a technology, market, and policypoint of view How is the guide structured? The playbook is organised into five sections. Section 1 introduces the need for a CTA. Section 2outlines the methodology and provides guidance on how to conduct a CTA. Section 3 provides awalkthrough of a CTA with a case study covering the key insights of the CTA results for Company X.Section 4 briefly discusses what is needed for CTAs to be mainstreamed. Section 5 includes detailedappendices covering the in-depth CTA of Company X and a primer on the decarbonisation of India’ssteel sector, which provides a background for the CTA case study and helps bankers develop abroader perspective on how the sector is evolving. Table of Contents Section 2 Section 4 Section 3 Section 5 Section 1 Pathways forMainstreamingCTAs Walkthrough: CTAof a Leading IndianSteel Producer The Value ofCorporate TransitionAssessments Guidance onConducting CTAs Appendices Page 43 Page 16 Page 41 yAppendix A: CompleteCTA of company X43yAppendix B: Overview ofIndian steel sectordecarbonisation102 Page 22 FOREWORD India’s journey to net zero by 2070 will depend in significant part on how effectively we transition our hard-to-abate sectors.Steel, cem