Consider the following statements: 1)“The Climate Group” is an international nonprofit organization that drives climate action by building large networks and running them.2) The International Energy Agency in partnership with the Climate Group launched a global initiative “EP100”. [2022]

Consider the following statements:

“The Climate Group” is an international nonprofit organization that drives climate action by building large networks and running them.
The International Energy Agency in partnership with the Climate Group launched a global initiative “EP100”.
EP100 brings together leading companies committed to driving innovation in energy efficiency and increasing competitiveness while delivering on emission reduction goals.
Some Indian companies are members of EP100.
The International Energy Agency is the Secretariat to the “Under2 Coalition”.

The Climate Group is an international nonprofit organisation that focuses on accelerating climate action by mobilising networks of businesses, governments, and other stakeholders. It operates various initiatives and campaigns to reduce carbon emissions and promote sustainable practices. By creating and managing large networks, The Group works to amplify climate action and influence global policy.
Founded: The organisation was founded in 2003 and officially launched in 2004.
Offices: Has offices in London, New York, New Delhi, Amsterdam, and Beijing.
Network: Grown to include over 500 multinational businesses across 175 markets worldwide.
Climate Group acts as secretariat of the Under2 Coalition, which is the largest network of subnational governments committed to reaching net zero emissions by 2050 or earlier.

In 2019, the EP100 Cooling Challenge, led by Climate Group and the Alliance to Save Energy, was launched. EP100 member companies were challenged to identify ways of cooling their operations as efficiently as possible , optimising the contribution of efficient, clean cooling to their energy productivity goals.

EP100 brings together companies committed to enhancing energy efficiency. This initiative supports innovation and helps companies improve their competitiveness while working towards emission reduction targets.

There are Indian companies that are members of EP100, demonstrating their commitment to improving energy efficiency and contributing to global emission reduction efforts.
For example – Mahindra & Mahindra Ltd. has joined EP100, committing to double its energy productivity by 2030. Additionally, two prominent Indian cement companies, Dalmia Cement and JSW Cement, have embraced key Climate Group initiatives.