April 27, 2024
CRISIL ESG Ratings Unit Gets Sebi Nod
CRISIL, which began its ESG scoring business in 2021, will transfer its over 1,000 companies across 65 sectors to its subsidiary
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Shifting sands: 5 Takeaways from Women@Work Survey
The Women@Work survey underscores the importance of GELs in boosting loyalty, productivity, and belongingness, emphasizing the need to combat gender bias.
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April 26, 2024
Biodiversity, Human Capital May Fall Under ISSB Gambit
ISSB plans to establish specific disclosures for sustainability-related financial disclosures, establishing a global baseline
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TERI, Chambal Fertilizers Partner for Sustainable Farming
Through widespread adoption, bio-nano fertilizer is promoting sustainable farming technologies that increase productivity
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April 25, 2024
CSIR Turns on the Climate Clock
The climate clock provides real-time data on global temperature increases, indicating irreversible consequences if they exceed 1.5°C
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NABARD Unveils Climate Strategy 2030
NABARD unveiled its Climate Strategy 2030 document on Earth Day, aiming to address India’s growing need for green financing
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April 24, 2024
Why is the Social component important in ESG?
Our endeavor to focus on the social component of ESG is being widely appreciated. Our Editor, Sonal Desai, is in conversation with Vikram Shetty of 73bit with more details.
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April 23, 2024
India Needs a Water Vulnerability Index
The Water Vulnerability Index will help make data-driven, scientifically supported decisions about business, policy, and water management
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April 22, 2024
CCUS will not Play a Major Role in Steel Decarbonization
A recent report indicates that CCUS, despite its support at COP28, is unlikely to significantly contribute to steel decarbonization
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April 19, 2024
IREDA CMD: Need policies that fortify the supply chain network
A resilient supply chain policy will enable the RE value chain to enhance TAT and reduce lead times but also impact project costs
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How will Climate Change Affect Annual Economics?
By 2049, the economic cost of climate change to human income is projected to be approximately $38 trillion annually
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April 12, 2024
22 Indicators, Common Scorecard to Track World Bank Group Progress
The World Bank Group initiative is aimed at improving healthcare, sustainable food systems, and prioritizing results over inputs
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40% Public Companies Report Scope-3 Emissions: MSCI
The IPCC predicts a global emissions peak by 2025, followed by a 7% annual decline until 2030 to combat climate change
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April 11, 2024
Climate Change Challenging Monetary Policy
Climate change-induced weather shocks pose monetary policy challenges potentially causing a 9% decrease in long-term output by 2050
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NTPC’s GEM for Women Empowerment
GEM provides a platform for the all-around development and uplift of young girls through a one-month workshop during the summer holidays
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Kerala High Court Sheds the Traditional Black for Summer
Lawyers and judges in the Kerala High Court have had the option to ditch black! In other words, the lawyers will be moving from black and white to all-white this summer.
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April 9, 2024
Healthy Environment is a Fundamental Human Right: SC
The SC has recognized the right to a healthy environment, free from the adverse effects of climate change, as a fundamental human right
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April 5, 2024
There is no Silver Bullet to Achieve Net-Zero: Report
Achieving net-zero doesn’t require a magic bullet; it requires coexistence of various energy technologies in our energy basket.
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April 3, 2024
MUFG Triples Sustainable Financial Goal
The bank has tripled its 2030 sustainable finance goal to 100 trillion yen; also established a Sustainability Risk Office
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Brace for longer heatwaves, this summer
The Indian Meteorological Department (IMD) has issued a warning about potential climate-related hazards in various regions due to heatwaves.
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April 2, 2024
JAM, MAE to Establish Carbon Fiber Plant
The Rs 2,700 crore plant plans to increase its capacity to 10,000 MT by 2027, aiming to produce 3,500 MT of carbon fiber annually
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Sentra Joins SAIL’s Carbon Emissions Journey
SAIL is implementing a 3-pronged strategy to reduce carbon emissions, including increasing scrap usage, using RE, and utilizing natural fuels
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SABIC, Pashupati Group Partner for Plastic Waste Recycling
The MoU includes a plastic waste recycling project for pyrolysis oil, enabling certified circular polymer production
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April 1, 2024
6,000 Starbucks Locations are Green Stores
The greener stores demonstrate Starbucks’ commitment to sustainability and environmental impact including waste diversion
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March 29, 2024
UNGA Adopts AI Resolution
The UNGA has adopted a draft resolution emphasizing human rights in AI design, acknowledging AI’s potential to accelerate the SDGs
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Green GDP, Climate Change Dominate Modi-Gates Dialogue
The PM emphasized the need for a new approach to Green GDP, signifying the importance of climate-friendly lifestyle choices
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March 26, 2024
Blue Economy: The Next Multiplier of Economic Growth
Blue Economy, if prioritized can stimulate growth, safeguard marine ecosystems, and safeguard coastal communities
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India’s First Bioplastics Facility to use Sulzer’s PLA Technology
The bioplastics plant will achieve sustainability goals and meet increasing demand due to reduced production costs and environmental benefits
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March 22, 2024
India can Become a Circular Economy Hub in the Solar Industry
The sector should establish reverse logistics and storage, explore innovative financing, and update its installed capacity database
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March 21, 2024
GoodEnough Energy to Establish BESS Gigafactory with Rs 450-cr outlay
Led by Akash Kashik, GoodEnough Energy 500 GW renewable energy capacity by 2030
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March 19, 2024
Tata Power, MCGM Partner for Solar-Powered Demand Flexibility Program
The initiative promotes a shift towards solar water pumping, resulting in a ToD tariff benefit and a reduction of 21 tonnes of carbon
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March 14, 2024
SIDBI Secures $120 M Green Climate Fund Project
The green climate fund will contribute to the adaptation, mitigation, and strengthening of resilience in economically vulnerable sectors
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Demand for Lithium-Ion Battery Soars in India
By 2028, the lithium-ion battery market is anticipated to grow at a 20 percent CAGR to reach Rs 1.77 trillion
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March 12, 2024
WriteCanvas Joins Forces with GreenFi
WriteCanvas, a Mumbai-based knowledge powerhouse, has partnered with GreenFi, a Singapore-based company specializing in ESG risk analysis.
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Female-Headed Households can Lose 34% Income for 1% Rise in Climate Change
Heat stress and flooding significantly impact female-headed households, causing an annual income loss of 8% and $16 billion.
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March 8, 2024
Workshop on Digital Forecasting for Climate Resilient Agriculture
The workshop aimed to promote sustainable agricultural practices through collaboration, revolutionize the sector & improve farmer livelihoods
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March 7, 2024
SEC Approves Standardized Climate-Related Disclosures
The rules aim to offer information on the financial impact of climate-related risks on a company’s operations and risk management
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Siemens Launches Sustainability Product Label
The sustainability product label will help Siemens to achieve a net zero-carbon footprint in its global production facilities by 2030
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March 6, 2024
Global Gender Gap Wider-than-Expected: World Bank
The global gender gap analysis identifies safety from violence and access to childcare services as crucial factors influencing women’s choices
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TPSSL, UBI Renew partnership to Finance Solar Energy Transition
TPSSL and UBI have renewed their partnership to provide financing solutions, and enhance the accessibility of solar energy transition
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TERI Successfully Completes Pilot to Treat Industrial Wastewater
TERI has successfully completed a pilot project in Kanpur, effectively treating wastewater and effluent discharge from textile units
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March 5, 2024
Women Contribute Only 18% to India’s GDP: Report
Addressing the gender gap in the workforce could boost the nation’s GDP by at least 30%, according to the report
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March 4, 2024
How can India explore the potential of e-Mobility in Energy Transition?
A recent event highlighted the Indian carbon market’s potential for decarbonization and the role of e-mobility in energy transition
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March 2, 2024
India Unveils Alliance for Global Good – Gender Equity and Equality
The alliance plans to launch projects in digital skill development, rural entrepreneurship, finance, women’s health security, etc
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March 1, 2024
India Introduces Coal Logistics Plan and Policy
The Coal Logistics Plan is a significant step towards modernizing coal transportation, enhancing efficiency and sustainability
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February 29, 2024
Sustainability Disclosure netting corporate sector
Starting in 2025, Singapore has mandated climate-related reporting, emphasizing the benefits of sustainability disclosures
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February 26, 2024
Updates on the Integrated Web Portal for Power DISCOMs
Updates to the integrated Web portal include DISCOM ratings, energy accounting, GSDP borrowing, regulatory parameters, etc
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February 24, 2024
41% Businesses will Struggle to Provide CSRD Data
Around 41% of businesses will struggle to provide the data for Corporate Sustainability Reporting Directive (CSRD) compliance
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February 23, 2024
How is the Coal Sector Transforming Landscapes?
The coal/lignite PSUs have increased output to meet energy needs and implemented sustainable measures to protect the environment
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Lindstrom Commits to Science-based Climate Targets with Sustainable Clothing
Lindström India is incorporating recycled polyester from PET bottles demonstrating its commitment to sustainability
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Guidelines for use of Green Hydrogen in Steel Sector
The MNRE issued guidelines for pilot projects utilizing Green Hydrogen in the steel sector under the National Green Hydrogen Mission
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February 22, 2024
GOI’s Rs 100 Crore DEI Push for Persons with Disabilities
The Ministry of Social Justice & Empowerment is investing Rs 100 crore in infrastructure projects to empower persons with disabilities
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Finance Adaptation Key to Mitigate Climate Change
India must prioritize policy and institutional action of finance adaptation by developing programs and building resilient actions
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February 21, 2024
PowerElec Nigeria 2024 Electrifies Lagos
More than a thousand people attended the first day of PowerElec Nigeria which reflected their interest in the renewable energy
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February 17, 2024
50 Percent Large US Firms Depend on Spreadsheets to Manage ESG Data
Fifty percent large US firms dependent on spreadsheets to manage ESG data are ramping up their ESG data and reporting capabilities
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February 16, 2024
Consumer Fatigue Stalling Sustainable Energy Adoption Globally
Consumers are hesitant to invest in sustainable energy, despite high awareness, due to affordability and access barriers
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February 15, 2024
TPREL, Tata Communications Sign PDA for Captive Solar Plant
The captive solar plant will produce about 40 million units of power and offset more than 30,000 tonnes of CO2 emissions
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CIAL to Establish World’s First Green Hydrogen Plant
CIAL has announced strategic agreement with BPCL to establish the world’s first green hydrogen plant in an airport
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ESG Dynamics Changing in the US
The US’s ESG dynamics are still changing due to investor preferences, consumer purchasing patterns, and geopolitics
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February 12, 2024
Parliamentary Panel Recommends 3-Year Deferment on CBAM
The move aims to alleviate financial constraints on Indian MSME manufacturers who may not be able to meet CBAM’s demands
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Louis Dreyfus India Secures Sustainable Finance for RSPO
The DBS Bank supported the Indian arm of the
company to achieve sustainable finance for RSPO-certified palm oil procurement
February 9, 2024
Google, HSBC to Offer Venture Debt financing Option to GCR-Sustainability Companies
Google Cloud is partnering with HSBC to introduce GCR-Sustainability companies to explore venture debt financing options
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New Platform to reduce Sustainability Disclosures Gap between Private and Public Enterprises
Launched amid global demand for sustainability reporting, the platform offers investors insights into private company sustainability practices
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February 8, 2024
HDFC Bank Raises $300M Through Maiden Sustainable Finance Bond
The proceeds of the sustainable finance bond will be utilized for funding green and social loans, and general banking activities
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Policy for Adoption of Green Hydrogen for Renewable Energy
The new policy is part of the government’s efforts to promote RE adoption and green hydrogen use, per the National Green Hydrogen Mission
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New GRI Sustainability Standard for the Mining Sector
The new sustainability standard is aimed to accelerate accountability in the mining sector
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February 7, 2024
PowerElec Nigeria 2024 to Fuel the Country’s Energy Sector
Organized by Verifair, Dubai, and the Africa Solar Industry Association (AFSIA), the event will be held from February 20–22, 2024, at the Landmark Centre, Lagos.
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February 6, 2024
India to Invest $67B in Energy sector in 5-6 Years
India aims to increase natural gas’s primary energy mix from 6% to 15%, making it the third largest global energy consumer
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DHL, Aragen Partner for Scope-3 Emissions
With the scope-3 emission reduction partnership in place, Aragen is DHL Express’s first SBTi customer in India
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February 5, 2024
Cochin Shipyard Strengthens Footprint in Global Renewable Energy Segment
Cochin Shipyard has strengthened its footprint in the high-end global renewable energy segment with the new SVO contract
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Supreme Court Orders Periodic Audit of 26 Environmental Bodies
The Supreme Court said that the mandate and role of each authority must be clearly demarcated so as to avoid overlap and duplication of work
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Govt. Nod for Green Hydrogen Pilots in the Shipping Sector
The NGHM scheme to pilot green hydrogen in the shipping sector marks a significant step towards sustainable maritime practices
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February 2, 2024
Climate-Smart Farming: IRRI, BASF Collaborate to Raise Carbon Intensity of Rice Systems
IRRI and BASF will research various ways to improve climate-smart farming and raise the carbon intensity of rice systems
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January 30, 2024
New Forum to Address Climate Resilient Agrifood Systems in India
The forum aims to develop an investment and partnership among the government, private sectors, farmers’ organizations in India
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January 29, 2024
Novotel Hyderabad Airport Obtains Green Key Certification
Novotel is the first hotel in south India and the third in India to receive the green key certification
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January 26, 2024
Crowning Glory: WriteCanvas Wins Sustainable Steward Award!
This award cements our determination to provide creative and interactive narratives for clients who want to convey their green stories to stakeholders.
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January 25, 2024
Sustainability in Sports Takes Center Stage at ISSK
Policy makers, panelists, delegates, and speakers at ISSK 2024 highlighted the importance of integrating environmental and social responsibility into sports development
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Technology can Drive SDGs in India
Technology can drive SDGs in India was the underlying theme at the recently concluded NASSCOM Foundation event
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January 23, 2024
Tech Mahindra Launches ESG Risk Assessment Platform
i.Riskman, the ESG risk assessment platform helps organizations to identify, assess, and manage climate-related risks
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January 21, 2024
Exicom Taps Thailand’s EV Market with INNOPOWER Partnership
The strategic partnership strengthens Exicom’s foothold in the market and aligns with Thailand’s goal of achieving carbon neutrality by 2050
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January 20, 2024
Delta Electronics to Enhance Green Hydrogen Energy Stack
The company plans to develop green hydrogen energy applications to enable various industrial sectors’ transition to net-zero
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January 19, 2024
Vervotech Expands Community Outreach with New Branch in Remote Village
The company recently opened the regional office in Dawadi in the Khed to expand its community outreach initiative
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How are Industries Leveraging Technology to Minimize Carbon Footprint?
Robotics, sensors, and digitization are decreasing waste, and minimizing the carbon footprint across industries
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January 18, 2024
Lubrizol wins Technology Advancement Award
Lubrizol won the award for its wire corrosion test WCT which measures the effectiveness of lubricants in preventing corrosion in EVs
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January 16, 2024
“Ours is the only technology which can create water from thin air”
Water availability is a growing challenge with fast-depleting sources. But amidst the crisis, organizations like Maithri Aquatech are taking efforts to provide clean potable water to all the corners of the country.
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January 15, 2024
Del Monte Transitions to Sustainable Packaging with Recyclable Aluminum Cans
Del Monte has partnered with Ball Corporation for the sustainable packaging initiative
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January 12, 2024
Lodha Receives SBTi Validation for Net-Zero Targets
Lodha aims to achieve net-zero emissions by reducing Scope-1 and -2 emissions by 97.9% by FY2028 and 51.6% by FY2030
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January 11, 2024
6 ESG Trends that will Influence Credit Outlook in 2024
Moody’s ESG Outlook 2024 predicts that the six key ESG trends will impact credit strength in industries vulnerable to the carbon transition
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First Solar to Power India Manufacturing Facility with Cleantech Solar PPA
American Solar Company, First Solar, Inc. has entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar.
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January 10, 2024
India Grid Trust Signs $199 M Contract with ReNew Solar Urja
ReNew Solar’s sale aligns with investor interest and strategy, generating $82 million in cash inflow.
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January 9, 2024
NHAI Developing Green Cover Index for Highway Sustainability
NRSC and ISRO have collaborated to establish the Green Cover Index, a strategy aimed at enhancing the sustainability of highways
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Indian Railways, CII Renew MoU for Green Initiatives
The updated MoU attempts to cut GHG emissions by consuming less water and energy
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January 3, 2024
Adani Green Expands Joint Venture Partnership with TotalEnergies
TotalEnergies’ joint venture investment in Adani Green includes a 50% stake in a portfolio of more than 1 GW of solar and wind projects
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January 2, 2024
Reliance Turns Plastic Waste into Circular Polymers
To reduce plastic waste, Reliance works with partners to increase the production of pyrolysis oil and turn the yield into circular polymers
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January 1, 2024
JinkoSolar Becomes First PV Company with SBTi Approved Net-Zero Targets
JinkoSolar has underscored its ambition to address climate change and provide a clear action guide for full value chain emissions reduction
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December 27, 2023
SBI, WB to Sign $165 Million LoC for Rooftop Solar Projects
SBI is raising its exposure to green initiatives, including funding green buildings, battery recycling, and solar rooftop plans
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December 20, 2023
Navigating a Greener Future
Two examples of how technology and sustainable alternatives can save emissions and lead India toward a greener future
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December 19, 2023
NABARD, ADB Partner for Climate Resilience in ANR Sectors
The partnership will allow NABARD to address the challenges posed by climate change to India’s rural livelihood and agriculture sectors
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December 18, 2023
Social Finds Emphasis at BRSR workshop
In a recent workshop, speakers highlighted the significance of social responsibility and the impact of investments on businesses
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A Green Leap: Reliance & DBS Partner for Compressed Biogas Project
The collaboration will promote compressed biogas as a sustainable alternative and also address the challenge of unorganized agricultural residue management
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