Sonal Desai, Author at ESG News.earth

50% APAC organizations Will Work with IT vendors that Meet ESG-related AI criteria

Sonal Desai - February 18, 2025

The transition to AI in enterprises requires strong governance frameworks and increased collaboration between business and IT teams for sustainable growth

SEBI Tightens Regulatory Framework for ERPs

Sonal Desai - February 16, 2025

In a new consultation paper, SEBI has invited proposals that cover ERPs following a subscriber-pays model and an issuer-pays business model

Bridging the industry-academia-policymakers divide: key to achieve Sustainability Goals by 2030

Sonal Desai - January 29, 2025

A strong partnership between the government, academia, and policymakers is crucial for India to achieve its sustainability goals by 2030

Google, Varaha Sign Largest Carbon Credit Deal

Sonal Desai - January 16, 2025

Google will receive the offtake agreement credits by 2030 from Varaha’s industrial biochar carbon credit project in Gujarat

We want to leverage Advanced AI to Measure Impact: Gagandeep Bhullar

Sonal Desai - January 15, 2025

SuperHumanRace aims to leverage real-time data and advanced AI to identify emission hotspots, track progress against reduction targets, and design region-specific mitigation strategies

Oil Green Energy: OIL’s Green Energy Subsidiary

Sonal Desai - December 25, 2024

OIL Green Energy plans to invest Rs 25,000 crore in green energy projects by 2040 to accelerate its shift to sustainable energy

Avaada Group Pledges $12 Billion in Rajasthan

Sonal Desai - December 24, 2024

Renewable energy company Avaada Group has announced a $12 billion investment in Rajasthan to accelerate the green energy transition.

SEBI Defers ESG Disclosure Deadline for Value Chain Partners to FY26

Sonal Desai - December 23, 2024

SEBI has extended the ESG disclosure deadline for value chain partners of listed companies to FY26, allowing more time for compliance with BRSR requirements.

Green Sustainability’ is No Longer an Option: Dr. Jitendra Singh

Sonal Desai - December 23, 2024

Union minister Dr. Jitendra Singh has called for collective action to achieve green sustainability, emphasizing the need for tech-driven solutions.

India’s Solar Equipment Manufacturing Capacity to Rise by FY2027-28

Sonal Desai - December 20, 2024

India's solar equipment manufacturing capacity is projected to grow in the next 2-3 years, with capacities of around 80 GW and 50 GW

Banks must Step Up Finance for the RE Sector: MNRE

Sonal Desai - December 18, 2024

According to reports, the RE sector requires an investment of around Rs 42 trillion to upgrade infrastructure and build new transmission lines

UltraTech Boosts Sustainable Transport with Inland Waterways

Sonal Desai - December 16, 2024

UltraTech is the first Indian cement company to transport gypsum at scale via National Waterway 1, the Ganga-Bhagirathi-Hooghly river system.

India’s Nuclear Power Plants Among the Safest Globally: Union Minister

Sonal Desai - December 6, 2024

A Union Minister has asserted that India's nuclear power plants as among the safest globally, stating that its safety is beyond doubt

Himalaya Wellness Company Optimizing Sustainability Goals with SAP

Sonal Desai - December 5, 2024

Himalaya Wellness Company is integrating SAP's RISE with SAP sustainability solutions to optimize its supply chain, power, and water use

High Emission Industries Must Fast-Track Net-Zero Commitments

Sonal Desai - December 5, 2024

Although India's power sector is significantly transitioning towards RE, high emission industries must commit to achieving net-zero targets

India’s Rs 9 Lakh Crore Boost to the Transmission Sector

Sonal Desai - November 28, 2024

The NEP plans to expand transmission lines by 190,000 circuit kilometers to support 600 gigawatts of RE capacity over the next ten years

COP29 ends with compromise on climate financing: WMO

Sonal Desai - November 28, 2024

WMO emphasized the need for significant reductions in GHG emissions and increased funding for resilience, particularly in strengthening early warning systems

UAE Fast-Tracking Decarbonization with Smart Infrastructure

Sonal Desai - November 22, 2024

UAE aims to achieve 44% renewable energy capacity by 2050 by promoting, developing, and implementing advanced policies and technologies for smart infrastructure

Taxing Just 7 O&G Cos Can Grow Loss & Damage Fund 20 Fold

Sonal Desai - November 20, 2024

According to analysis, taxing big oil would increase the UN climate loss & damage fund by 20 times

Just transitions must be Just: India at COP29

Sonal Desai - November 19, 2024

India's intervention emphasized the importance of justice in climate action and the need for a broader understanding of 'Just Transitions'

BESS Projects in India get $300 M Push

Sonal Desai - November 15, 2024

EnerGrid plans to develop transmission and battery energy storage system (BESS) projects worth $1.2 billion in the coming years

Global South Must Accelerate Climate Action Mitigation: CEEW

Sonal Desai - November 14, 2024

The Global South index indicates that advanced economies have made significant efforts in climate mitigation through international cooperation and climate governance frameworks.

Climate finance Target: Real or Hogwash?

Sonal Desai - November 11, 2024

India is advocating for a $1 trillion annual climate finance target at the Azerbaijan United Nations Climate Change Conference or COP29

Diageo India Details Positive drinking, Inclusion, Diversity, and Sustainability in New ESG Report

Sonal Desai - November 7, 2024

Diageo India's ESG Reporting Index 2024 showcases the company's progress in its "Spirit of Progress" ESG action plan, focusing on positive drinking, inclusion, diversity, and sustainability

Akshaya Patra Foundation Kitchens to be Solar Powered

Sonal Desai - November 7, 2024

ReNew Power will invest about Rs 2 crore to solarize the Akshaya Patra Foundation kitchens, with completion estimated two months after construction begins

NetApp Appoints Pamela Hennard as Chief DEI Officer

Sonal Desai - November 7, 2024

Pamela Hennard who has served as the Vice President, Global Talent Acquisition, NetApp, will foster the company DEI initiatives across the organization

Key Highlights from ISA Annual Assembly

Sonal Desai - November 5, 2024

The seventh session of the ISA Annual Assembly re-elected India as the President, and discussions revolved around VGF and the inclusion of women in the alliance

TPREL, IndusInd Bank to Issue Solar Energy Finance to MSEs

TPREL, IndusInd Bank for Solar Energy Finance to MSEs

Sonal Desai - November 5, 2024

Through loans ranging from ₹ 10 lakh to ₹ 2 crore, TPREL and IndusInd Bank will give MSEs access to solar financing without the need for collateral

Lack of Motivation Leading to Sustainability Fatigue in UK Consumers

Sonal Desai - November 5, 2024

A Deloitte report indicates evidence of increasing sustainability fatigue among consumers in 2024 with regard to making sustainable choices

States Urged To Prioritize WASH Asset Management

Sonal Desai - November 4, 2024

The Department of Drinking Water and Sanitation has urged state representatives to prioritize WASH asset maintenance and community leadership

New Trends and Gaps in ESG Reporting

Sonal Desai - November 4, 2024

The CFA Institute, NSE, and CFA Society India have released the first edition of their BRSR Data Assessment, revealing significant trends and gaps in ESG reporting

How are Indian Manufacturers Aligning Sustainability with Industry 5.0?

Sonal Desai - November 4, 2024

According to PwC India research, 93% of Indian manufacturers aim for sustainability with 2-3x profitable growth through Industry 5.0

Carbon Clean Launches Columnless Carbon Capture Series: Cyclone CC C1 series

Sonal Desai - November 4, 2024

Carbon Clean’s Cyclone CC C1 series is available in concentrations ranging from 3 % to 20 %, capturing up to 100,000 tonnes of CO2 per year

Plastic Recyclers Generated 0.7 M Fake Certificates: CSE

Sonal Desai - November 1, 2024

A recent CSE assessment reveals flaws in plastic pollution policies used to produce fake certificates, urging for stricter policy implementation to prevent malpractices

Is S the Blindspot in ESG?

Sonal Desai - October 30, 2024

Yesterday evening marked a major milestone for WriteCanvas and ASSOCHAM. Having released the synopsis of research report Is S the Blindspot in ESG? In June, we released the detailed survey.

Despite 200GW Milestone, India’s RE Future Faces Import Headwinds

Sonal Desai - October 23, 2024

India's RE target to reach 500 GW by 2030could be hindered by $30 billion in annual solar imports.

Private Sector Can Fuel MENA’s Sustainability Initiatives

Sonal Desai - October 22, 2024

A WEF report states that the MENA region can achieve its sustainability goals with active participation from the private sector and strong government support.

Inclusive Workforce Must be the Norm

Sonal Desai - August 15, 2024

As per a recent report, 40 percent of women face discrimination at work. Is an inclusive workforce a distant dream?

Sovereign Green Bonds May be Traded at IFSC

Sonal Desai - August 12, 2024

The Indian government introduced sovereign Green Bonds in FY 23 to mobilize funds for sustainable public sector projects.

Thermal Power Back in Focus

Sonal Desai - August 10, 2024

Private sector companies like Adani Power, JSW Energy, and Tata Power are refocusing on thermal power to meet rising electricity demand

COP29: Hope for Climate Mitigation and Climate Fund

Sonal Desai - August 8, 2024

Climate incidents have played global havoc. The loss and damage are yet to be established. All eyes are now on COP29

Is Corporate India Fuelling Climate Change?

Sonal Desai - August 3, 2024

Corporate India, despite having the resources and grit to take a proactive stance on climate action, largely remains a passive observer

Nature’s Fury on a Rampage

Sonal Desai - August 2, 2024

Nature's fury is rampaging as we ignore warnings. As the nation recovers from the Wayanad landslide shock, more disasters are being reported

DEI Weighs High, But Shunted by Corporates?

Sonal Desai - July 27, 2024

The trend is in contrast to DEI reports by market analysis and advisory companies, despite the lack of consolidated data on the issue

India to Develop Taxonomy for Climate Finance

Sonal Desai - July 23, 2024

The GoI plans create a taxonomy for climate finance to increase the availability of funding for climate change adaptation

Fairness Concerns Cloud EU’s CBAM

Sonal Desai - July 20, 2024

CBAM, currently affecting only 1.64 percent of India's total exports, is an additional tax burden and trade barrier

New L&T CMD S N Subrahmanyan Outlines ESG Plans

Sonal Desai - July 5, 2024

S N Subrahmanyan outlined plans to enhance green energy capacity, encourage women's participation in the workforce and community development

Strict Regulations for Sustainable Coal Mining

Sonal Desai - July 5, 2024

The regulations aim to mitigate the environmental impacts of coal and promote continuous improvements in water quality monitoring

3 Reasons Why India Relies on Coal to Address Peak Power Demand

Sonal Desai - July 4, 2024

The amount of electricity generated from coal increased by 10.4 percent during the six months ended June 30

SLB, TotalEnergies Partner for Next-Gen Energy Solutions

Sonal Desai - July 4, 2024

The partnership establishes a flexible framework for companies to tackle key challenges in the energy value chain, including CCUS

GAIL advances Net Zero Target for Scope-1, 2 GHG Emissions to 2035

Sonal Desai - July 3, 2024

GAIL is promoting sustainable development, by advancing its emission reduction in India's booming energy sector

WB Approves $1.5B Green Bond for India’s Low Carbon Energy Transition

Sonal Desai - July 1, 2024

The second low carbon energy transition operation aims to enhance green hydrogen production through reforms and technology support

ISO Developing Net Zero Standard

Sonal Desai - July 1, 2024

The ISO standard is an evolution of its Net Zero Guidelines, aimed at providing best practices and protecting against greenwashing

BRICS Environment Ministers Review Progress

Sonal Desai - June 29, 2024

BRICS countries must maintain close multilateral ties, to uphold equity and CBDR-RC values, and adopt sustainable lifestyles

Maharashtra Govt. Promotes Sustainable Agriculture, EVs in Budget 2024-25

Sonal Desai - June 28, 2024

The Maharashtra government plans to offer solar pumps for free electricity generation to farmers and finance e-rickshaws for 10,000 women

Cleantech Solar to Advance C&I Portfolio with Rs 855 Crore Green Finance

Sonal Desai - June 27, 2024

Clearnech will use the green finance loan for the open-access solar and wind park development and operation projects

Mindspace REIT Secures Rs 650-crore SLL bond from IFC

Sonal Desai - June 26, 2024

The coupon of the 7-year bond is linked to Mindspace REIT’s commitment to achieve certain ESG targets towards building a greener ecosystem

Panasonic, SBI Partner for Solar Finance

Sonal Desai - June 26, 2024

The alliance aims to aid the government in achieving 500 GW of renewable energy capacity by 2030 and making solar energy solutions accessible

Facor Awards 80 M Euro Ferrochrome Plant Contract to Mesto

Sonal Desai - June 26, 2024

The new plant is expected to produce 300,000 tonnes of ferrochrome annually, and will commence operations in 2025

Two New BIS Safety Standards for Electric Vehicles

Sonal Desai - June 25, 2024

The BIS standards, IS 18590: 2024 and IS 18606:2024, concentrate on the powertrain, a crucial component of electric vehicles

Tata Communications Secures Maiden $250 Million SLL

Sonal Desai - June 24, 2024

The company's carbon emissions will impact the SLL interest rate margin, aligning with its global Net Zero goal by 2035

India Slips to -2 in WEF’s Gender Parity Index 2024

Sonal Desai - June 24, 2024

India's ranking of -2 in the WEF Index is primarily due to a decline in educational attainment and political empowerment

NTPC to Establish World’s First Flue Gas CO2-to-4G Ethanol Power Plant

Sonal Desai - June 22, 2024

Advanced microbial fermentation technology combines captured carbon dioxide and generated hydrogen, converting these inputs into 4G ethanol

Double-Digit CAPEX Anticipated for Renewable Energy: CRISIL

Sonal Desai - June 21, 2024

CRISIL highlights a surge in auctioned capacity, rising from 12 GW in FY23 to a significant 35 GW in FY24, reflecting a 2.5-fold increase

Gender Diversity Push in the Aviation Sector

Sonal Desai - June 21, 2024

The DGCA has issued a circular urging airlines and airports to increase women representation in the aviation sector to 25% by 2025

Cabinet approves VGF for Offshore Wind Energy Projects

Sonal Desai - June 20, 2024

The successful commissioning of 1 GW offshore wind projects will produce renewable electricity of about 3.72 billion units annually

100 % SAF Use Can Reduce Impact of Contrails by 26%: Study

Sonal Desai - June 19, 2024

100% SAF use in both commercial engines could reduce the impact of contrails by at least 26% compared to the Jet A-1 reference fuel

Hitachi Energy to Invest $4.5 billion For Clean Energy Transition

Sonal Desai - June 19, 2024

By 2027, Hitachi Energy aims to accelerate the clean energy transition and double its investments in manufacturing, engineering, digital, R&D

Girish Tanti Appointed GWEC India Chair

Sonal Desai - June 18, 2024

GWEC India's position is crucial for promoting momentum and policy frameworks to unlock India's wind energy potential and supply chains

Emissions reduction: Ambition Vz reality

Sonal Desai - June 18, 2024

India's carbon emissions are expected to rise due to increased industrial use of fossil fuels, necessitating a bottom-up approach

Why is the Social Component Important in ESG?

Sonal Desai - June 14, 2024

Indian businesses are enhancing their social component by fostering an inclusive corporate culture and developing their annual ESG strategy

Regulations Driving SAF Demand: Report

Sonal Desai - June 13, 2024

The sustainable aviation fuel (SAF) demand is primarily driven by regulatory developments, with a total demand of 16.1 Mt across countries

Businesses Must Promote Inclusive Workforce: Survey

Sonal Desai - June 12, 2024

An inclusive workforce can change the dynamics of an organization says a recently published WriteCanvas-ASSOCHAM South survey

Global Energy Investment to Exceed $3T by 2024

Sonal Desai - June 11, 2024

Global energy investment is projected to surpass $3 T by 2024, with $2 T allocated to infrastructure and clean energy technologies

What Is Fueling India’s EV Growth?

Sonal Desai - June 10, 2024

India aims to sell 30% EVs by 2030, using grants and subsidies to promote alternative fuel infrastructure and charging station expansion

Less Than 10% ESG Heads are Data Custodians: ASSOCHAM-WriteCanvas Survey

Sonal Desai - June 7, 2024

The survey highlights concerns about individual business units as custodians of ESG data, with 94% responsible for vertical data and security

BMC Debuts Climate Budget with Rs 10,000 Crore Outlay

Sonal Desai - June 6, 2024

The climate budget which represents 32.18% of the total capital expenditure, has been integrated into BMC's existing fiscal framework

Is Social the Blindspot in ESG?

Sonal Desai - June 6, 2024

Our research suggests that many organizations are neglecting this critical area or limiting their social efforts to CSR initiatives

Is India’s Real Estate Sector Aiding Net-Zero?

Sonal Desai - June 5, 2024

The real estate sector is buoyed by the LEED and GRIHA credits and certifications. But are these enough for net-zero?

India’s Port Sector must Decarbonize Operations Value Chain

Sonal Desai - June 4, 2024

India's port sector is leading global efforts towards cleaner and greener energy solutions due to its focus on decarbonization

AI-ML-Based Software to Modernize Utility Grid Assets

Sonal Desai - May 31, 2024

The platform digitizes utility grid data into actionable, real-time operational insights by integrating data from multiple sources

Sustainability Programs Not Integrated in 1/3rd Companies: Report

Sonal Desai - May 31, 2024

As businesses increase their senior positions, the roles and reporting lines of chief sustainability officers are becoming erratic

Varanasi to Launch $3 M City Challenge in June

Sonal Desai - May 30, 2024

The initiative aims to accelerate sustainable mobility, promote healthier urban environments, and improve people's access to services.

ASSOCHAM Webinar on World Environment Day

Sonal Desai - May 29, 2024

ASSOCHAM South has on-boarded WriteCanvas to host a webinar titled: Leading the Way: Driving Environmental Innovation, on June 5

UK to increase ETS Scope

Sonal Desai - May 29, 2024

The UK ETS aims to expand the scheme to include waste and waste incineration, and integrate engineered greenhouse gas removals

Reliance, Nel Sign Technology Licensing Agreement

Sonal Desai - May 28, 2024

Reliance will acquire an exclusive technology license for Nel's alkaline electrolyzers in India & global production for captive purposes

Are corporates using the BRSR loopholes rope to climb up?

Sonal Desai - May 28, 2024

Recent surveys reveal market regulator's questionnaire format lapses and the corporate sector's use of BRSR loopholes for their benefit

Tightening loose-ends in BRSR

Sonal Desai - May 27, 2024

The current BRSR questionnaire format leads to incomplete submissions, hindering the creation of a reporting structure

SEBI Outlines Value Chain Disclosure Provisions in BRSR Core

Sonal Desai - May 27, 2024

SEBI has outlined ESG provisions for the value chain, including upstream and downstream partners and reporting of KPIs in BRSR Core

Is wind power regaining sheen?

Sonal Desai - May 24, 2024

Crisil predicts a 25 GW increase in wind power by FY 28, requiring Rs 2 lakh crore in capex

Mangroves: Why They Must be Saved?

Sonal Desai - May 23, 2024

Over 50 percent of mangroves are on the brink of collapse, and the resultant devastation is unstoppable, unthinkable

Climate Crisis: SOS for Action

Sonal Desai - May 22, 2024

The climate crisis is hindering the achievement of the goal of limiting global temperature rise to pre-industrial levels

How is India dealing with Climate Change?

Sonal Desai - May 22, 2024

India's population is already grappling with the impacts of climate change, with over a third considering or moving due to weather events

Global Carbon Pricing Revenues Top $100 Billion

Sonal Desai - May 22, 2024

75 global carbon pricing instruments operate, with over half of collected revenue used to fund climate and nature-related programs

Decarbonizing India’s Real Estate Sector

Sonal Desai - May 18, 2024

Infosys, AEEE, and IIHS have launched ASSURE to decarbonize India's real estate sector, promote climate action and sustainability

Carbon Pricing Works: Study

Sonal Desai - May 17, 2024

The empirically measured effect of carbon pricing systems in their first few years of operation is between 5 and 21% emission reductions

India a primary source of GHG Emissions in Agrifood System

Sonal Desai - May 17, 2024

India's farm-gate emissions are the primary source of greenhouse gas emissions in the agrifood system according to a WB report

TotalEnergies to Invest $400 M for Clean Cooking Access

Sonal Desai - May 16, 2024

The clean cooking initiative aims to decrease gender disparities, enhance health, and foster sustainable development in Africa and India

Most common mistakes listed companies make while filing BRSR

Sonal Desai - May 14, 2024

After reviewing the BRSR submissions for FY2022–2023, NSE found many discrepancies in the disclosures provided by the listed companies

Green Hydrogen Production, QS Discussed at MNRE Workshop

Sonal Desai - May 13, 2024

MNRE conducted a workshop to establish clear quality standards and a uniform ecosystem for green hydrogen production processes

Bioprime Agrisolutions,Yara Partner for Sustainable Agriculture

Sonal Desai - May 13, 2024

The partnership aims to enhance agricultural sustainability by utilizing advanced technology to reduce weather-related crop failures

Green Gains: Clean Energy ETFs Outperform Oil & Gas

Sonal Desai - May 11, 2024

Clean energy ETFs are experiencing a resurgence, outperforming those centered on oil and gas exploration and production

First All-Women Construction Management Team at Lodha

Sonal Desai - May 10, 2024

The project strives to empower women and accelerate industry-wide change by giving them the chance to succeed in essential construction roles

Sustainability a priority for 50% CEOs

Sonal Desai - May 9, 2024

A recent survey shows CEOs are committed to decarbonizing their businesses to reach net zero, with over half prioritizing it

NSE-listed companies’ CSR spending Reached Rs 155.24 B in FY23

Sonal Desai - May 8, 2024

Since April 2014, the CSR law requires businesses to allocate 2% of their average net profit for CSR initiatives

Heatwaves and the Rising Tide of Climate Casualties in India

Sonal Desai - May 7, 2024

Heatwaves have a human cost, even though floods and storms have been responsible for the majority of reported deaths and financial losses.

India Auctioned Rs 20,000 Crore Green Bonds in FY24

Sonal Desai - May 7, 2024

Growing interest in environmentally responsible investments and India's potential as a green finance market is driving green bonds demand

India Enhancing ESE Aspects of Castor Production

Sonal Desai - May 6, 2024

India is enhancing the economic, social, and environmental (ESE) aspects of castor production through a traceable and sustainable supply chain

Four G20 Countries will have Positive Ecological Footprint by 2050

Sonal Desai - May 6, 2024

The University of Sheffield research predicts that barring four, the UK and G20 countries will have a negative ecological footprint by 2050

Tata Communications Adopts SLL Framework

Sonal Desai - May 4, 2024

Linking SLL margins to measurable targets, demonstrates commitment to quantifiable results, allowing stakeholders to track progress

G7 Agrees to Coal Phase-Out

Sonal Desai - May 3, 2024

The G7 decision is a crucial step towards the coal phase-out of polluting fuel from energy generation, based on consensus among major forces

Sustainability Regulations Fostering Changes in Corporate Reporting

Sonal Desai - May 2, 2024

Sustainability regulations are promoting innovation in disclosures, making assured integrated reporting the gold standard

Policy Push Must Expedite Domestic Production, Attract Investors

Sonal Desai - May 2, 2024

A panel discussion highlighted the importance of policy push, regulatory certainty, financing frameworks, & ESG standards to attract investors.

EU Postpones ESRS Deadline by Two Years

Sonal Desai - April 30, 2024

The new directive postpones the adoption of the ESRS for non-EU companies to June 2026, and the 2028 reporting obligations to 2030

ICRA Subsidiary Receives Sebi Nod for ESG Ratings

Sonal Desai - April 30, 2024

The approval makes the ICRA subsidiary one of India's few organizations offering comprehensive risk-monitoring solutions for ESG ratings

Partnerships to Transition Critical Minerals to Low-Carbon Energy Sources

Sonal Desai - April 30, 2024

The partnerships aim to provide knowledge support in critical minerals, crucial for India's low-carbon energy transition

AdaniConneX Secures $1.44B for Green Data Centers

Sonal Desai - April 29, 2024

The initial $875 million commitment will be used for green data centers that utilize renewable energy to minimize environmental impact

CRISIL ESG Ratings Unit Gets Sebi Nod

Sonal Desai - April 27, 2024

CRISIL, which began its ESG scoring business in 2021, will transfer its over 1,000 companies across 65 sectors to its subsidiary

Biodiversity, Human Capital May Fall Under ISSB Gambit

Sonal Desai - April 26, 2024

ISSB plans to establish specific disclosures for sustainability-related financial disclosures, establishing a global baseline

TERI, Chambal Fertilizers Partner for Sustainable Farming

Sonal Desai - April 26, 2024

Through widespread adoption, bio-nano fertilizer is promoting sustainable farming technologies that increase productivity

CSIR Turns on the Climate Clock

Sonal Desai - April 25, 2024

The climate clock provides real-time data on global temperature increases, indicating irreversible consequences if they exceed 1.5°C

NABARD Unveils Climate Strategy 2030

Sonal Desai - April 25, 2024

NABARD unveiled its Climate Strategy 2030 document on Earth Day, aiming to address India's growing need for green financing

India Needs a Water Vulnerability Index

Sonal Desai - April 23, 2024

The Water Vulnerability Index will help make data-driven, scientifically supported decisions about business, policy, and water management

CCUS will not Play a Major Role in Steel Decarbonization

Sonal Desai - April 22, 2024

A recent report indicates that CCUS, despite its support at COP28, is unlikely to significantly contribute to steel decarbonization

IREDA CMD: Need policies that fortify the supply chain network

Sonal Desai - April 19, 2024

A resilient supply chain policy will enable the RE value chain to enhance TAT and reduce lead times but also impact project costs

How will Climate Change Affect Annual Economics?

Sonal Desai - April 19, 2024

By 2049, the economic cost of climate change to human income is projected to be approximately $38 trillion annually

The Dubai Deluge: Is This the Future?

Sonal Desai - April 18, 2024

Dubai faces a potential economic washout as historic rainfall cripples infrastructure, exposing the region's vulnerability to climate change

Heat Waves Power Struggles in Mumbai

Sonal Desai - April 17, 2024

The real battle is being fought on the distribution front, even though generation companies are working very hard to meet the surge in demand

22 Indicators, Common Scorecard to Track World Bank Group Progress

Sonal Desai - April 12, 2024

The World Bank Group initiative is aimed at improving healthcare, sustainable food systems, and prioritizing results over inputs

40% Public Companies Report Scope-3 Emissions: MSCI

Sonal Desai - April 12, 2024

The IPCC predicts a global emissions peak by 2025, followed by a 7% annual decline until 2030 to combat climate change

Climate Change Challenging Monetary Policy

Sonal Desai - April 11, 2024

Climate change-induced weather shocks pose monetary policy challenges potentially causing a 9% decrease in long-term output by 2050

NTPC’s GEM for Women Empowerment

Sonal Desai - April 11, 2024

GEM provides a platform for the all-around development and uplift of young girls through a one-month workshop during the summer holidays

Healthy Environment is a Fundamental Human Right: SC

Sonal Desai - April 9, 2024

The SC has recognized the right to a healthy environment, free from the adverse effects of climate change, as a fundamental human right

There is no Silver Bullet to Achieve Net-Zero: Report

Sonal Desai - April 5, 2024

Achieving net-zero doesn't require a magic bullet; it requires coexistence of various energy technologies in our energy basket.

Summer Fury: Heatwaves and a Climate Emergency

Sonal Desai - April 4, 2024

The inconvenient truth is – we have crossed the tipping point. This is an emergency siren blaring at the highest pitch.

MUFG Triples Sustainable Financial Goal

Sonal Desai - April 3, 2024

The bank has tripled its 2030 sustainable finance goal to 100 trillion yen; also established a Sustainability Risk Office

Brace for longer heatwaves, this summer

Sonal Desai - April 3, 2024

The Indian Meteorological Department (IMD) has issued a warning about potential climate-related hazards in various regions due to heatwaves.

JAM, MAE to Establish Carbon Fiber Plant

Sonal Desai - April 2, 2024

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

Sentra Joins SAIL’s Carbon Emissions Journey

Sonal Desai - April 2, 2024

SAIL is implementing a 3-pronged strategy to reduce carbon emissions, including increasing scrap usage, using RE, and utilizing natural fuels

SABIC, Pashupati Group Partner for Plastic Waste Recycling

Sonal Desai - April 2, 2024

The MoU includes a plastic waste recycling project for pyrolysis oil, enabling certified circular polymer production

6,000 Starbucks Locations are Green Stores

Sonal Desai - April 1, 2024

The greener stores demonstrate Starbucks' commitment to sustainability and environmental impact including waste diversion

UNGA Adopts AI Resolution

Sonal Desai - March 29, 2024

The UNGA has adopted a draft resolution emphasizing human rights in AI design, acknowledging AI's potential to accelerate the SDGs

Green GDP, Climate Change Dominate Modi-Gates Dialogue

Sonal Desai - March 29, 2024

The PM emphasized the need for a new approach to Green GDP, signifying the importance of climate-friendly lifestyle choices

How can Maharashtra retain dominance in the EV market?

Sonal Desai - March 28, 2024

Maharashtra leads the nation in EV adoption, with a 130% increase in electric cars, two-wheelers, and buses

Blue Economy: The Next Multiplier of Economic Growth

Sonal Desai - March 26, 2024

Blue Economy, if prioritized can stimulate growth, safeguard marine ecosystems, and safeguard coastal communities

India’s First Bioplastics Facility to use Sulzer’s PLA Technology

Sonal Desai - March 26, 2024

The bioplastics plant will achieve sustainability goals and meet increasing demand due to reduced production costs and environmental benefits

Water Crisis: The Call to Action

Sonal Desai - March 22, 2024

The global water crisis is rapidly affecting urban areas and could worsen in the near future. An urgent appeal for participation

India can Become a Circular Economy Hub in the Solar Industry

Sonal Desai - March 22, 2024

The sector should establish reverse logistics and storage, explore innovative financing, and update its installed capacity database

GoodEnough Energy to Establish BESS Gigafactory with Rs 450-cr outlay

Sonal Desai - March 21, 2024

Led by Akash Kashik, GoodEnough Energy 500 GW renewable energy capacity by 2030

The True Cost of Climate Change

Sonal Desai - March 20, 2024

Climate change is a costly affair; in terms of L&D to property, adverse impact on the lives of people, and the overall health of our planet

Tata Power, MCGM Partner for Solar-Powered Demand Flexibility Program

Sonal Desai - March 19, 2024

The initiative promotes a shift towards solar water pumping, resulting in a ToD tariff benefit and a reduction of 21 tonnes of carbon

Will the 17th LS Election Emit Less Carbon Footprint?

Sonal Desai - March 18, 2024

The CEC has initiated green initiatives, but no political party has pledged to reduce their carbon footprint during their campaigns

SIDBI Secures $120 M Green Climate Fund Project

Sonal Desai - March 14, 2024

The green climate fund will contribute to the adaptation, mitigation, and strengthening of resilience in economically vulnerable sectors

Demand for Lithium-Ion Battery Soars in India

Sonal Desai - March 14, 2024

By 2028, the lithium-ion battery market is anticipated to grow at a 20 percent CAGR to reach Rs 1.77 trillion

Headwinds in Favor of Female Bonding

Sonal Desai - March 13, 2024

Globally, female bonding is gaining momentum. It is empowering women to explore new opportunities and achieve limitless growth

Female-Headed Households can Lose 34% Income for 1% Rise in Climate Change

Sonal Desai - March 12, 2024

Heat stress and flooding significantly impact female-headed households, causing an annual income loss of 8% and $16 billion.

Workshop on Digital Forecasting for Climate Resilient Agriculture

Sonal Desai - March 8, 2024

The workshop aimed to promote sustainable agricultural practices through collaboration, revolutionize the sector & improve farmer livelihoods

SEC Adopts Regulations to Standardize Climate-Related Disclosures

SEC Approves Standardized Climate-Related Disclosures

Sonal Desai - March 7, 2024

The rules aim to offer information on the financial impact of climate-related risks on a company's operations and risk management

Siemens Launches Sustainability Product Label

Sonal Desai - March 7, 2024

The sustainability product label will help Siemens to achieve a net zero-carbon footprint in its global production facilities by 2030

India Slips to -2 in WEF’s Gender Parity Index 2024

Call for Gender Neutral Nomenclature

Sonal Desai - March 6, 2024

The Indian navy is setting gender-neutral goals. I believe that the initiative will integrate gender neutrality in the defense forces

Global Gender Gap Wider-than-Expected: World Bank

Sonal Desai - March 6, 2024

The global gender gap analysis identifies safety from violence and access to childcare services as crucial factors influencing women's choices

TPREL, Tata Communications Sign Power Delivery Agreement for Captive Solar Plant

TPSSL, UBI Renew partnership to Finance Solar Energy Transition

Sonal Desai - March 6, 2024

TPSSL and UBI have renewed their partnership to provide financing solutions, and enhance the accessibility of solar energy transition

TERI Successfully Completes Pilot to Treat Industrial Wastewater

Sonal Desai - March 6, 2024

TERI has successfully completed a pilot project in Kanpur, effectively treating wastewater and effluent discharge from textile units

Women Contribute Only 18% to India’s GDP: Report

Sonal Desai - March 5, 2024

Addressing the gender gap in the workforce could boost the nation's GDP by at least 30%, according to the report

How is India exploring the potential of e-Mobility in Energy Transition?

How can India explore the potential of e-Mobility in Energy Transition?

Sonal Desai - March 4, 2024

A recent event highlighted the Indian carbon market's potential for decarbonization and the role of e-mobility in energy transition

India Unveils Alliance for Global Good – Gender Equity and Equality

Sonal Desai - March 2, 2024

The alliance plans to launch projects in digital skill development, rural entrepreneurship, finance, women's health security, etc

Strict Regulations for Sustainable Coal Mining

India Introduces Coal Logistics Plan and Policy

Sonal Desai - March 1, 2024

The Coal Logistics Plan is a significant step towards modernizing coal transportation, enhancing efficiency and sustainability

Sustainability Disclosures netting corporate sector

Sustainability Disclosure netting corporate sector

Sonal Desai - February 29, 2024

Starting in 2025, Singapore has mandated climate-related reporting, emphasizing the benefits of sustainability disclosures

Advancing India’s Green Shipping, RE Narrative on a Global Stage

Beyond solar, wind and hybrid: Updates on India’s alternates in the RE sector

Sonal Desai - February 28, 2024

The RE segment in India is focused on solar power due to its dominance. Other alternatives are also gaining momentum

Solar, Wind, Hybrid: India’s benchmarking in RE addition

Sonal Desai - February 27, 2024

India's dynamic grid and green transmission corridors help integrate and enhance renewable energy capacity, overcoming challenges

5 Ways in Which Amazon Achieved its 100% RE Target

Trends and Opportunities in the Renewable Energy Segment

Sonal Desai - February 26, 2024

India aims to deploy renewable energy to advance economic development, improve energy security, and mitigate climate change

Updates on the Integrated Web Portal for Power DISCOMs

Sonal Desai - February 26, 2024

Updates to the integrated Web portal include DISCOM ratings, energy accounting, GSDP borrowing, regulatory parameters, etc

41% Businesses will Struggle to Provide CSRD Data

Sonal Desai - February 24, 2024

Around 41% of businesses will struggle to provide the data for Corporate Sustainability Reporting Directive (CSRD) compliance

How is the Coal Sector Transforming Landscapes?

Sonal Desai - February 23, 2024

The coal/lignite PSUs have increased output to meet energy needs and implemented sustainable measures to protect the environment

Lindstrom Commits to Science-based Climate Targets with Sustainable Clothing

Sonal Desai - February 23, 2024

Lindström India is incorporating recycled polyester from PET bottles demonstrating its commitment to sustainability

Guidelines for use of Green Hydrogen in Steel Sector

Sonal Desai - February 23, 2024

The MNRE issued guidelines for pilot projects utilizing Green Hydrogen in the steel sector under the National Green Hydrogen Mission

GOI’s Rs 100 Crore DEI Push for Persons with Disabilities

Sonal Desai - February 22, 2024

The Ministry of Social Justice & Empowerment is investing Rs 100 crore in infrastructure projects to empower persons with disabilities

Finance Adaptation Key to Mitigate Climate Change

Sonal Desai - February 22, 2024

India must prioritize policy and institutional action of finance adaptation by developing programs and building resilient actions

PowerElec Nigeria 2024 Electrifies Lagos

Sonal Desai - February 21, 2024

More than a thousand people attended the first day of PowerElec Nigeria which reflected their interest in the renewable energy

How has the Renewable Energy Sector Metamorphosed in India?

Sonal Desai - February 21, 2024

By 2030, each state must meet 43.3% of its power demand from renewable energy; grid infrastructure availability and compliance are the key

50 Percent Large US Firms Depend on Spreadsheets to Manage ESG Data

Sonal Desai - February 17, 2024

Fifty percent large US firms dependent on spreadsheets to manage ESG data are ramping up their ESG data and reporting capabilities

Three key government initiatives in sustainable energy sector this week

Four government initiatives in sustainable energy sector this week

Sonal Desai - February 16, 2024

Despite initial concerns about the hurdles in sustainable energy, India's 2070 net-zero goal is gaining traction due to recent policy actions

Consumer Fatigue Stalling Sustainable Energy Adoption Globally

Sonal Desai - February 16, 2024

Consumers are hesitant to invest in sustainable energy, despite high awareness, due to affordability and access barriers

TPREL, Tata Communications Sign PDA for Captive Solar Plant

Sonal Desai - February 15, 2024

The captive solar plant will produce about 40 million units of power and offset more than 30,000 tonnes of CO2 emissions

CIAL to Establish World’s First Green Hydrogen Plant

Sonal Desai - February 15, 2024

CIAL has announced strategic agreement with BPCL to establish the world’s first green hydrogen plant in an airport

ESG Dynamics Changing in the US

Sonal Desai - February 15, 2024

The US's ESG dynamics are still changing due to investor preferences, consumer purchasing patterns, and geopolitics

Indian Banks Taking a Green Leap

Sonal Desai - February 13, 2024

India's energy transition and decarbonization journey require Rs 160 billion annually until 2030. The Indian banks are taking the green leap

Parliamentary Panel Recommends 3-Year Deferment on CBAM

Sonal Desai - February 12, 2024

The move aims to alleviate financial constraints on Indian MSME manufacturers who may not be able to meet CBAM's demands

Louis Dreyfus Secures Sustainable Finance for RSPO

Louis Dreyfus India Secures Sustainable Finance for RSPO

Sonal Desai - February 12, 2024

The DBS Bank supported the Indian arm of the company to achieve sustainable finance for RSPO-certified palm oil procurement

IICA, HP India, Launch ESG Professional Program

Google, HSBC to Offer Venture Debt financing Option to GCR-Sustainability Companies

Sonal Desai - February 9, 2024

Google Cloud is partnering with HSBC to introduce GCR-Sustainability companies to explore venture debt financing options

Indian Sustainable Agriculture Projects on Global Centre Stage

New Platform to reduce Sustainability Disclosures Gap between Private and Public Enterprises

Sonal Desai - February 9, 2024

Launched amid global demand for sustainability reporting, the platform offers investors insights into private company sustainability practices

HDFC Bank Raises $300M Through Maiden Sustainable Finance Bond

Sonal Desai - February 8, 2024

The proceeds of the sustainable finance bond will be utilized for funding green and social loans, and general banking activities

Policy for Adoption of Green Hydrogen for Renewable Energy

Sonal Desai - February 8, 2024

The new policy is part of the government's efforts to promote RE adoption and green hydrogen use, per the National Green Hydrogen Mission

New GRI Sustainability Standard for the Mining Sector

Sonal Desai - February 8, 2024

The new sustainability standard is aimed to accelerate accountability in the mining sector

India to Invest $67B in Energy sector in 5-6 Years

Sonal Desai - February 6, 2024

India aims to increase natural gas's primary energy mix from 6% to 15%, making it the third largest global energy consumer

DHL, Aragen Partner for Scope-3 Emissions

Sonal Desai - February 6, 2024

With the scope-3 emission reduction partnership in place, Aragen is DHL Express’s first SBTi customer in India

Cochin Shipyard Strengthens Footprint in Global Renewable Energy Segment

Sonal Desai - February 5, 2024

Cochin Shipyard has strengthened its footprint in the high-end global renewable energy segment with the new SVO contract

Supreme Court Orders Periodic Audit of 26 Environmental Bodies

Sonal Desai - February 5, 2024

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

Govt. Nod for Green Hydrogen Pilots in the Shipping Sector

Sonal Desai - February 5, 2024

The NGHM scheme to pilot green hydrogen in the shipping sector marks a significant step towards sustainable maritime practices

Buzz, Blitz, Biodiversity

Sonal Desai - February 3, 2024

Protecting biodiversity should not be part of corrective action. Protecting the wetlands, forests and marine culture requires dedicated effort

Climate-Smart Farming: IRRI, BASF Collaborate to Raise Carbon Intensity of Rice Systems

Sonal Desai - February 2, 2024

IRRI and BASF will research various ways to improve climate-smart farming and raise the carbon intensity of rice systems

“Inclusive” Dominated Budget 2024

Sonal Desai - February 1, 2024

Though being populist, Nirmala Sitharaman, Union Finance Minister, carefully and successfully has traded on the inclusive lines or, in simple words, kept it women (rural) centric.

India to Establish Domestic Carbon Market Regulations

Agriculture in carbon credit fold

Sonal Desai - January 30, 2024

India's agriculture sector has over 40 carbon credit projects, with pilot programs paying $10-30 per acre per year, according to various studies

New Forum to Address Climate Resilient Agrifood Systems in India

Sonal Desai - January 30, 2024

The forum aims to develop an investment and partnership among the government, private sectors, farmers' organizations in India

Novotel Hyderabad Airport Obtains Green Key Certification

Sonal Desai - January 29, 2024

Novotel is the first hotel in south India and the third in India to receive the green key certification

ISSK 2004 - Sustainable Sports Development

Sustainability in Sports Takes Center Stage at ISSK

Sonal Desai - January 25, 2024

Policy makers, panelists, delegates, and speakers at ISSK 2024 highlighted the importance of integrating environmental and social responsibility into sports development

How is the ICICI Bank Propelling its SDG Journey?

Technology can Drive SDGs in India

Sonal Desai - January 25, 2024

Technology can drive SDGs in India was the underlying theme at the recently concluded NASSCOM Foundation event

Green Claims under Scrutiny: New Guidelines in the Offing

Sonal Desai - January 23, 2024

India's two-pronged approach to green claims showcases its commitment to responsible business practices and sustainable development

Tech Mahindra Launches ESG Risk Assessment Platform

Sonal Desai - January 23, 2024

i.Riskman, the ESG risk assessment platform helps organizations to identify, assess, and manage climate-related risks

Greenwashing: A Sneaky Shade of Green

Sonal Desai - January 22, 2024

For starry-eyed consumers who believe everything printed on labels to be the truth, rising instances of greenwashing are a wake-up call

Exicom Taps Thailand’s EV Market with INNOPOWER Partnership

Sonal Desai - January 21, 2024

The strategic partnership strengthens Exicom's foothold in the market and aligns with Thailand's goal of achieving carbon neutrality by 2050

India Charts Green Energy Strategy at US-India Bilateral Meet

Delta Electronics to Enhance Green Hydrogen Energy Stack

Sonal Desai - January 20, 2024

The company plans to develop green hydrogen energy applications to enable various industrial sectors’ transition to net-zero

Vervotech Expands Community Outreach with New Branch in Remote Village

Sonal Desai - January 19, 2024

The company recently opened the regional office in Dawadi in the Khed to expand its community outreach initiative

How are Industries Leveraging Technology to Minimize Carbon Footprint?

Sonal Desai - January 19, 2024

Robotics, sensors, and digitization are decreasing waste, and minimizing the carbon footprint across industries

Lubrizon wins Technology Advancement Award

Lubrizol wins Technology Advancement Award

Sonal Desai - January 18, 2024

Lubrizol won the award for its wire corrosion test WCT which measures the effectiveness of lubricants in preventing corrosion in EVs

Green Hydrogen on a Slow Track?

Sonal Desai - January 17, 2024

Green hydrogen, when achieves its potential in generation clubbed with demand from industry, can put India truly on an energy transition

Del Monte Transitions to Sustainable Packaging with Recyclable Aluminum Cans

Sonal Desai - January 15, 2024

Del Monte has partnered with Ball Corporation for the sustainable packaging initiative

Decarbonizing India’s Real Estate Sector

Lodha Receives SBTi Validation for Net-Zero Targets

Sonal Desai - January 12, 2024

Lodha aims to achieve net-zero emissions by reducing Scope-1 and -2 emissions by 97.9% by FY2028 and 51.6% by FY2030

6 ESG Trends that will Influence Credit Outlook in 2024

Sonal Desai - January 11, 2024

Moody's ESG Outlook 2024 predicts that the six key ESG trends will impact credit strength in industries vulnerable to the carbon transition

NHAI Developing Green Cover Index for Highway Sustainability

Sonal Desai - January 9, 2024

NRSC and ISRO have collaborated to establish the Green Cover Index, a strategy aimed at enhancing the sustainability of highways

Indian Railways, CII Renew MoU for Green Initiatives

Sonal Desai - January 9, 2024

The updated MoU attempts to cut GHG emissions by consuming less water and energy

Textile MSMEs Embracing Sustainability

Sonal Desai - January 8, 2024

India is the only one with an end-to-end value chain and the USP of servicing small lot orders and niche hand-crafted textile products.

Why Should Companies Prepare a Sustainability Report?

Sonal Desai - January 5, 2024

A sustainability report is a crucial tool for companies seeking to gain a competitive edge in a fiercely competitive market

Climate Change’s Triple Threats

Sonal Desai - January 4, 2024

The triple threats of climate change—intensity, insecurity, and inequality—are wreaking havoc on people's lives

Adani Green Expands Joint Venture Partnership with TotalEnergies

Sonal Desai - January 3, 2024

TotalEnergies’ joint venture investment in Adani Green includes a 50% stake in a portfolio of more than 1 GW of solar and wind projects

Reliance Turns Plastic Waste into Circular Polymers

Sonal Desai - January 2, 2024

To reduce plastic waste, Reliance works with partners to increase the production of pyrolysis oil and turn the yield into circular polymers

JinkoSolar Becomes the First PV Company with SBTi-Approved Net-zero Targets

JinkoSolar Becomes First PV Company with SBTi Approved Net-Zero Targets

Sonal Desai - January 1, 2024

JinkoSolar has underscored its ambition to address climate change and provide a clear action guide for full value chain emissions reduction

10 Key Sustainability Regulations to watch out for in 2024

Sonal Desai - January 1, 2024

The sustainability regulations list includes compliances that will impact the MSMEs

8 policies that enabled climate action in India in 2023

Sonal Desai - December 30, 2023

India's commitment to climate action and a sustainable future is gaining momentum, though the impact of policies will take time to realize

Climate Action: The Power of One

Sonal Desai - December 29, 2023

Individuals can be the first level of torch bearers for climate action. Together, they can develop a value chain that benefits our community

ReNew, Microsoft Ink 437.6 MW Green Energy Contract

SBI, WB to Sign $165 Million LoC for Rooftop Solar Projects

Sonal Desai - December 27, 2023

SBI is raising its exposure to green initiatives, including funding green buildings, battery recycling, and solar rooftop plans

Climate Change and Migration or Abandonment Patterns

Sonal Desai - December 26, 2023

The blog is the second narrative from WriteCanvas as part of our YEAR-ENDER Stories. We hope you will like the articles. Happy Reading.

Navigating a Greener Future

Sonal Desai - December 20, 2023

Two examples of how technology and sustainable alternatives can save emissions and lead India toward a greener future

Green Energy: Surat Takes a Kangaroo Leap

Sonal Desai - December 20, 2023

Surat, so far known as the textile and jewelry hub of India, is leading the renewable energy winds in Gujarat

NABARD, ADB Partner for Climate Resilience in ANR Sectors

Sonal Desai - December 19, 2023

The partnership will allow NABARD to address the challenges posed by climate change to India's rural livelihood and agriculture sectors

Why is the Social Component Important in ESG?

Social Finds Emphasis at BRSR workshop

Sonal Desai - December 18, 2023

In a recent workshop, speakers highlighted the significance of social responsibility and the impact of investments on businesses

Cognizant Unveils Framework to Boost Tech Women Leaders

Sonal Desai - December 16, 2023

Cognizant aims to redefine current policies and programs and unify all women-centric initiatives under one roof through Shakti

What went missing at COP28?

Sonal Desai - December 15, 2023

While everyone is busy celebrating the historic achievements at COP28, here are 5 crucial points that got little attention

India to Reduce Coal Power Dependency to 33% by 2030

Sonal Desai - December 15, 2023

Despite announcement to hike coal-fired power generation capacity by 78-80 GW, India aims to drop coal power capacity to 33 percent by 2030

Energy conservation: Best cost-effective option

Sonal Desai - December 14, 2023

India can improve its per capita consumption (

India Launches Certification Scheme for Sustainable Forests

Sonal Desai - December 14, 2023

The voluntary national certification initiative aims to encourage sustainable forests and agroforestry practices in the country

SIBUR Commits to Climate Action Plan at COP28

Sonal Desai - December 13, 2023

SIBUR has conducted Russia's first carbon unit transaction and is currently in negotiations for potential deals with China and India

Keppel, AM Green Sign MoU for Biogenic Carbon-Based SFs

Sonal Desai - December 13, 2023

The companies will jointly explore opportunities to produce biogenic carbon-based SFs such as bio and green methanol, 2G ethanol, and SAF

Dual financing approach can boost MSME involvement in RE: IREDA

Sonal Desai - December 13, 2023

IREDA emphasized the importance of dual financing to MSMEs in RE in a session organized by the CII and ISA

JSW Group joins the World Business Council for Sustainable Development

Sonal Desai - December 12, 2023

Mr. Seshagiri Rao, Joint Managing Director and Group CFO, JSW Group will represent the company at the council

India’s Pace Toward Circular Economy

Sonal Desai - December 12, 2023

India's decisive transition towards a circular economy is being ably supported by favorable government policies and industry participation

IATA: SAF Production may Reach 1.9 Billion Litres in 2024

Sonal Desai - December 11, 2023

IATA believes that global SAF accounting framework and regional feedstock value chains will drive sustainable aviation fuel production

Nestlé Cuts Ocean Transport Emissions

Sonal Desai - December 11, 2023

To reduce ocean transport emissions, Nestle has been using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped in 2023

2,456 Fossil Fuel Lobbyists Attend COP28 Climate Talks

Sonal Desai - December 9, 2023

Fossil fuel lobbyists have outnumbered delegates from the ten most climate-vulnerable nations at COP28 this year

Dow to Develop World’s First Net-Zero Complex

Sonal Desai - December 8, 2023

Dow's net-zero complex is expected to decarbonize 20% of its global ethylene capacity and increase polyethylene capacity by 2 M MTPA

Hero Motocorp, Ather Energy Partner for Interoperable EV Charging

Sonal Desai - December 8, 2023

The partnership outlines the benefits of unified standards for all OEMs and paves the way for interoperable EV charging infrastructure

DP World, PIL Partner for Green Supply Chain

Sonal Desai - December 8, 2023

As a part of decarbonization agreement, DP World and PIL will jointly develop green supply chain solutions for global operations

SECL to Invest Rs 4 crore for Miyawaki Forest in Chhattisgarh

Sonal Desai - December 8, 2023

SECL will use the Miyawaki plantation method to enhance green cover in the coal belt region of Chhattisgarh

AdaniConneX invest in green data Centers

Infosys, Shell Partner for Green Data Centres

Sonal Desai - December 6, 2023

The partnership between Shell and Infosys is aimed at accelerating the adoption of immersion cooling services for green data centres

ADB Approves $250M Loan to Power Indian Energy Sector

Sonal Desai - December 6, 2023

The policy-based ADB loan will enable the country to improve financial sustainability and facilitate the shift to renewable energy

Hospitals: The New Victims of Emissions?

Sonal Desai - December 5, 2023

In India, the proportion of hospitals at high risk of being shut down by extreme weather events would be 5.7 per cent by 2050

EY Global Climate Risk Barometer: Businesses Neglecting Climate Strategy

Sonal Desai - December 5, 2023

The EY Global Climate Risk Barometer indicates that despite improved reporting, businesses neglect adequate climate strategy and action

How far has India fared in terms of DEI?

Sonal Desai - December 2, 2023

DEI currently presents a scenario of a glass half full or half empty. But I am certain it will be a part of our daily parlance very soon

4 Global Banks Exit SBTi

Sonal Desai - December 1, 2023

Four global banks including HSBC, Standard Chartered, Société Generale, and ABN AMRO have exited the Science Based Targets initiative (SBTi).

COP28 Delegates Pledge Millions for Loss and Damage Fund

Sonal Desai - December 1, 2023

The COP28 delegated have agreed to operationalize the loss and damage fund to compensate vulnerable nations for climate change-related losses

IASB Proposes Amendment to Some Financial Instruments

Sonal Desai - November 30, 2023

IASB has proposed amendment to IAS 32, IFRS 7 Financial Instruments: Disclosures, and IAS 1 Presentation of Financial Statements

COP28 Unveils Innovative Global Accountability and Inclusivity Program

COP28: Phasing Out or Phasing Down Fossil Fuels?

Sonal Desai - November 29, 2023

The annual event - Conference of Parties COP28, no doubt, will be a critical crossroads for energy transition

Disability Inclusion Accelerates Business Performance

Sonal Desai - November 29, 2023

Companies leading in disability inclusion have seen increased revenue and a higher chance of outperforming their industry peers

ADNOC, Santos Partner for CCS

Sonal Desai - November 29, 2023

ADNOC and Santos will advance CCS technologies and also support the decarbonization plans of their APAC customers

Indian, Filipino & Spanish Start-ups Win at OCBC Sustainability Innovation Challenge 2023

Sonal Desai - November 28, 2023

Three winners were announced during the conclusion of the sustainability innovation challenge organised by the OCBC bank of Singapore

ABFRL, 1M 1B, Conclude Sustainability Accelerator Program 2023

Sonal Desai - November 28, 2023

Aditya Birla Fashion and Retail Limited or ABFRL, and 1M 1B recently concluded the Sustainability Accelerator Program 2023

Bloomberg Launches Data Mapping, Materiality Assessment Tool

Sonal Desai - November 28, 2023

The data mapping, materiality assessment tool from Bloomberg will enable investors to assess the impact of a company’s business on UNSDGs

Richest 1 percent Plundering the Planet

Sonal Desai - November 27, 2023

The richest 1 percent of the global population produced twice as much carbon pollution as the five billion people

NIMS University Establishes Global Centre for Sustainable Development

Sonal Desai - November 27, 2023

Jaipur-based NIMS University has established the Global Centre for Sustainability Development (GCSD) to align with UNSDGs

Frontier signs $47 M DAC Agreements with CarbonCapture, Heirloom

Sonal Desai - November 24, 2023

Valued at $47 million, the DAC agreements with Heirloom and CarbonCapture are to remove 72,000 tons of CO2 from the atmosphere

JCCU’s CO-OP using Circular Raw Materials for Food Packaging

Sonal Desai - November 23, 2023

The initiative enables the packaging of seaweed snacks made from circular raw materials, with plans for additional applications

COP28: Navigating the complexities

Sonal Desai - November 22, 2023

While COP28 is themed around four key subjects ranging from technology to climate finance, the world leaders would face more challenges

UN Supervisory Body Agrees to Adopt Carbon Removal, Crediting Methodology to Accelerate Paris Agreement

Sonal Desai - November 21, 2023

The Article 6.4 Supervisory Body has agreed on recommendations on CO2 removals and standards to develop carbon crediting methodologies

ASCI Issues Draft Guidelines to Prevent Greenwashing in Ads

Sonal Desai - November 21, 2023

ASCI has issued guidelines to prevent greenwashing and enhance transparency and accountability in environmental claims-based ads

Supply chain decarbonization: A collaborative approach needed

The Economics of Decarbonizing Heavy Industry

Sonal Desai - November 21, 2023

Heavy industry leaders can break economic stalemate within only three years by reinventing decarbonization strategies says Accenture

Sustainable Real Estate: A Realty check

Sonal Desai - November 21, 2023

A new report on India's sustainable real estate reveals rapid growth in eco-friendly real estate, particularly in Grade A office categories

Severe Water Scarcity Impacts 739 Million Children

Sonal Desai - November 20, 2023

Severe water scarcity is impacting one in three children; also altering their mental and physical health says a UNICEF report

Sustainability Important to Make Investment Decisions

Sonal Desai - November 17, 2023

94 % of investors in a recent PWC survey said that corporate reporting on sustainability performance contains unsupported claims

Sun Pharma, WOTR Partner for Water Harvesting in Maharashtra

Sonal Desai - November 16, 2023

The three year water harvesting program aims to address the challenges of water security and climate change in the two districts

COP28: The Dilemma of Demand Vs Environment

Sonal Desai - November 15, 2023

I believe that logical and practical decisions made by countries may differ from the promises made at COP28

Will COP28 fulfil its energy commitment?

Sonal Desai - November 15, 2023

Even before COP28 is formally inaugurated, concerns are being raised about the energy strategy proposed by the COP28 President

GRI, IFRS Foundation to Establishes Sustainability Innovation Lab

Sonal Desai - November 14, 2023

The GRI sustainability lab will serve as a capacity building and research platform to turbo-drive sustainability transformation

Indian G20 Presidency to Align Climate Action Outcomes with COP28

Sonal Desai - November 13, 2023

The sessions are aimed to connect the outcomes and insights of the Indian G20 Presidency on climate action to the COP28 agenda

Green Data Center Market to Reach $146B by 2027

Sonal Desai - November 10, 2023

The global green data center market is expected to grow due to data center operators' preference for cost-effective, low-OPEX infrastructures

EVs connect Amazon DSPs with the last mile

Sonal Desai - November 9, 2023

As part of the company's global last mile fleet program, Amazon is enabling its last-mile delivery partners with electric vehicles or EVs

IREDA Launches CSR Portal

Sonal Desai - November 8, 2023

Through the portal, IREDA will ensure transparency in CSR requests, and provide a CSR policy and proposal checklist for examination

India to comply with CBAM during the transition phase

Sonal Desai - November 7, 2023

As India plans its own carbon tax, it is likely to accept the EU’s Carbon Border Adjustment Mechanism (CBAM)

Technology to Boost Circular Economy in the Indian Steel Industry

Sonal Desai - November 6, 2023

The capture and conversion of emitted CO2 into CO can lead to a circular economy, reducing the carbon footprint and associated costs

Sustainable Individual Development: Balancing Work, Life, and Health

Sonal Desai - November 1, 2023

Sustainable individual development has emerged as one of the key focal points, particularly under the ESG compliance

The story of rising women participation in the Indian workforce

Sonal Desai - October 31, 2023

The participation of women in India’s workforce saw a 30 percent rise in the last six years, and increased to 37 percent in FY2022-23

Developed countries off track to meet 2030 carbon emission targets

Sonal Desai - October 31, 2023

Developed countries, including the US, EU, and Russia, are not on track to meet their 2030 carbon emission reduction targets

Mercedes-Benz launches e-Trucks in Hongkong

Sonal Desai - October 28, 2023

Mercedes-Benz has launched two new e-trucks in Hongkong to support the country’s carbon neutral commercial transportation

Restore 1.5 Billion Hectares of Degraded Land to Meet LDN Targets

Sonal Desai - October 27, 2023

Countries can surpass LDN targets by halting any new land degradation and accelerating existing commitments

India Top Country of Origin for New Migrants to OECD Countries

Sonal Desai - October 26, 2023

India has replaced China as the top country of origin for new migrants to OECD countries in 2021, and also in 2022

GAIL Starts MW-Scale Operations for Green Hydrogen

Technip Secures EPC Contract for Advanced Biofuels, Green H2 Units

Sonal Desai - October 25, 2023

The advanced biofuels unit will produce renewable diesel and sustainable aviation fuel from bio-feedstock and waste residues

Samskip Group to unveil world’s first hydrogen fuel celled container ships

Sonal Desai - October 23, 2023

Each vessel will reduce annual CO2 emissions by approximately 25,000 tons when powered by hydrogen fuel cells

Is ESG losing steam?

Sonal Desai - October 16, 2023

Is ESG being pushed over to maintain profits? It is time, ESG is dusted off the silos and integrated into the mainstream

Upping the Scope 3 Upstream Emissions ante in the Semiconductor Industry

Sonal Desai - October 13, 2023

Scope 3 upstream emissions in the semiconductor industry are attributed to purchased materials, and supplier transportation among others

Lindstrom establishes Board Sustainability Committee

Sonal Desai - October 12, 2023

The board sustainability committee will ensure the board's strategic reflection on sustainability, and focus on its impacts

DEI gets a New Synonym: Claudia Goldin

Sonal Desai - October 11, 2023

As Claudia Goldin takes home the Nobel this December, a million voices, mostly women, will wolf whistle for her

EU Approves Green Bond Standards to Combat Greenwashing

Sonal Desai - October 10, 2023

The EU lawmakers have approved green bond standards to combat greenwashing, promote transparency, and prevent misleading claims

What is CRISIL predicting for the e2W market segment?

Sonal Desai - October 9, 2023

CRISIL says that the e2W market segment will see a reduction in volume growth; adoption will accelerate in the mid-term

Gender Diversity must not be the Blink of an Eye

Sonal Desai - October 9, 2023

I am wondering when and how India will see improvements in gender diversity. It is a long bridge that needs to be crossed

New ADNOC Projects to operate with Net Zero Emissions

Sonal Desai - October 6, 2023

ADNOC has taken a final investment decision for offshore development projects that aim to operate with net zero emissions

All you want to know about the new Global Framework on Chemicals

Sonal Desai - October 6, 2023

The Global Framework on Chemicals outlines specific goals and rules for key industries throughout the chemical lifecycle

India, Japan Boost Climate Finance for Environmental Sustainability

Sonal Desai - October 5, 2023

India and Japan have launched a $600 million fund to promote low-carbon emission projects and environmental sustainability

World must invest $9.2T to meet net zero goals

Sonal Desai - October 5, 2023

To meet net zero and sustainable development goals, the world must invest $9.2 trillion in infrastructure, according to CDRI

GHIAL Bags L 4 Transition Accreditation for Carbon Management

Sonal Desai - October 5, 2023

GHIAL has achieved level 4 transition accreditation for carbon management signifying its alignment with global climate action goals

Pests destroy Rs 2 lakh crores worth of crop yield/year in India

Sonal Desai - October 4, 2023

According to a CropLife India-Yes Bank report, pests are estimated to cause an annual loss of INR 2 lakh crores worth of crop yield.

Delhi Announces Action Point Plan, Upgrades Green War Room

Sonal Desai - October 4, 2023

The Delhi government announced a 15-point action plan and upgraded the green war room to combat air pollution

Boosting Circular Economy in the Construction Industry

Sonal Desai - October 4, 2023

Cemex UAE and Star Cement Partner have partnered to boost the circular economy in the construction industry; aiming to recycle concrete waste

Nestle Malaysia, MCB Partner for Sustainable Cocoa Farming

Sonal Desai - October 3, 2023

In a bid to boost agriculture, Nestle Malaysia and the Malaysian Cocoa Board (MCB) have partnered to promote sustainable cocoa farming

Collaboration is strengthening our outreach: Bonani Roychoudhury

Sonal Desai - October 3, 2023

Bonani Roychoudhury, MD, Nabsamruddhi, believes that collaboration is vital to reach WASH lending to the last mile

DCM Shriram Raises Rs 200 crore Sustainability Linked Loan

Sonal Desai - October 3, 2023

DCM Shriram has raised a sustainability linked loan (SLL) of Rs 200 crore from HSBC India to fund its capex plan in Gujarat

ICRA Subsidiary Receives Sebi Nod for ESG Ratings

ICRA to Foray in ESG Rating

Sonal Desai - October 3, 2023

Credit rating agency ICRA has applied for an ESG Rating Provider (ERP) license under its wholly-owned subsidiary, ICRA ESG Ratings Ltd

DFRL combats plastic pollution with biodegradable water bottles

Sonal Desai - October 2, 2023

DFRL, a part of DRDO, has unveiled eco-friendly biodegradable water bottles to combat plastic pollution and promote sustainability

To car pool or not? NO, determines Bengaluru State Transport Department

Sonal Desai - October 2, 2023

Bengaluru may face yet another climate crisis if the state transport department does not find a feasible solution to its ban on carpooling

L&T Finance, Ather Energy Partner for EV LTVs

Sonal Desai - September 29, 2023

L&T Finance has partnered with Ather Energy to offer up to 100% of loan-to-value (LTV) on electric vehicles (EVs)

Nigeria can boost the economy by $8.1 B by addressing gender disparities

Sonal Desai - September 29, 2023

By addressing gender disparities in agriculture, Nigeria can boost the country's economy by $8.1 billion annually according to a WB report

Forests and carbon emissions: the tide will turn

How were carbon emissions reduced at traditional medicine summit?

Sonal Desai - September 29, 2023

WHO Traditional Medicine Global Summit co-hosted by Ministry of Ayush adopted eco-friendly methods to reduce 72,964 Kg carbon emission

Supreme Court opens door for participation from lawyers with disabilities

Sonal Desai - September 28, 2023

Advocate Sara Sunny made history by participating in the Supreme Court virtual proceedings with the help of Indian Sign Language interpreter

DEI, Health on FSSAI Focus

Sonal Desai - September 28, 2023

FSSAI announced equal opportunities for women and transgender business owners; urged people to refrain from wrapping food in newspapers

Nabsamruddhi Champions WASH Loans to Lead Sustainable Finance

Sonal Desai - September 27, 2023

Bonani Roychoudhury, MD, Nabsamruddhi, details the company’s strategy and the significance of WASH lending with Renjini Liza Varghese

American President Joe Biden Promises to Act on Climate Change

Sonal Desai - September 26, 2023

American President Joe Biden has promised Pacific Islands leaders that he will act on climate change warnings

India Led Dialogue on Sustainable Urbanization: Union Minister Puri

Sonal Desai - September 26, 2023

India has anchored the dialogue and paved the way for sustainable urbanization and climate change under its G20 Presidency

OCED countries must adopt SCGs to meet SDGs: ORF

Sonal Desai - September 26, 2023

SDGs are not enough for global sustainability. OECD countries need to adopt Sustainable Consumption Goals (SCGs)

KRIBHCO investing Rs 1,100 crore to set up 3 grain-based ethanol plants

Sonal Desai - September 25, 2023

KRIBHCO-the fertilizer cooperative is setting up three plants in Gujarat, Telangana, and Andhra Pradesh, with a capacity of 250-kilo litre per day

Farmers are seeing major climate change effect in agriculture

Indian farmers most concerned about climate change: Survey

Sonal Desai - September 25, 2023

Globally, more than 70% farmers have seen large impacts of climate change on their farm, a new research has revealed

Sustainable Energy for All: Ghana launches $550 B Investment Plan

Sonal Desai - September 25, 2023

The sustainable energy for all plan includes $550 billion investment to achieve net zero emissions and create 400,000 jobs by 2060

Indian cement companies will use 40% green energy by 2025

Sonal Desai - September 22, 2023

ICRA says that large players in the cement sector in India have set a target to cut emissions by 15–17% over the next 8–10 years

Nasdaq intros new tools for sustainability and impact investing

Sonal Desai - September 22, 2023

Nasdaq has introduced two new offerings from its Capital Access Platforms division to streamline sustainability and impact investing

UK moves deadline to ban gas, diesel cars to 2035

Sonal Desai - September 21, 2023

UK Prime Minister Rishi Sunak has announced a five-year delay in a ban on new gas and diesel cars; shifted the goal from 2030 to 2035

25% US Executives Confident of Meeting Sustainability Regulatory Requirements

Sonal Desai - September 20, 2023

A survey by KPMG in the US shows that companies expect ESG strategies to positively impact business and financial outcomes. However, only 25% are confident in meeting sustainability regulatory requirements.

Call for joint action to preserve forests

Sonal Desai - September 20, 2023

Led by FAO, 16 global organizations have developed an action plan to preserve forests. These include data, science, finance and communication

India to become global champion in RE manufacturing: Report

Sonal Desai - September 18, 2023

India's energy transition has the potential to become a global leader in RE manufacturing and innovation

Green hydrogen storage can reduce RE cost to Rs 6/unit

Sonal Desai - September 18, 2023

The cost of Green Hydrogen would be cheapest in India and that the Green Hydrogen would become a viable energy storage alternative

SBTi Separates Standard Setting and Validation Units

Sonal Desai - September 15, 2023

The SBTi move is aimed at improving governance, boosting integrity and increasing capacity to accelerate corporate climate action

Sustainability Regulations Fostering Changes in Corporate Reporting

MSCI Launches Sustainability Institute

Sonal Desai - September 14, 2023

The MSCI Sustainability Institute aims to advance the role of capital markets in creating sustainable value and tackling climate change

IICA, UNICEF organize BRSR workshop

Sonal Desai - September 13, 2023

The Indian Institute of Corporate Affairs (IICA) organized a Business Responsibility and Sustainability Reporting (BRSR) workshop

Transformative mindset key for building resilience through the climate crisis

UST, mistEO partner to provide hyper local climate data to BFSI customers

Sonal Desai - September 13, 2023

The collaboration will streamline climate risks insights for the BFSI organizations to incorporate climate resiliency into business strategy

Global Biofuel Alliance Announced

Sonal Desai - September 11, 2023

Prime Minister Narendra Modi announced the formation of the Global Biofuel Alliance (GBA) during the G20 Summit in New Delhi

Microsoft signs 315,000 MT DAC deal with Heirloom

Sonal Desai - September 11, 2023

Microsoft and Heirloom have signed the DAC deal to advance net-zero commitments under the First Movers Coalition

Need to fast track Climate Action, Green Energy, SDGs: PM Modi

Sonal Desai - September 11, 2023

Prime Minister Narendra Modi urged global leaders to unite to tackle climate change, foster policies for climate action and fast track SDGs

Tata Steel, ABB partner for energy, decarbonization, circularity

Sonal Desai - September 8, 2023

Tata Steel and ABB India have signed a Memorandum of Understanding (MoU) regarding energy efficiency, decarbonization, circularity

GoI Approves Rs 3,760 crore VGF for BESS projects

Sonal Desai - September 8, 2023

The centre on Wednesday announced Rs 3,760 crore viability gap (VGF) funding to boost infrastructure for battery energy storage systems (BESS) projects in India

6 key highlights from the new ESS framework

Sonal Desai - September 6, 2023

The Ministry of Power has released a detailed framework to reshape the nation's energy sector, to boost energy storage systems (ESS)

Union Bank of India, Bank of Baroda, IREDA sign MoU for RE

Sonal Desai - September 6, 2023

A day after IREDA partnered with IIFCL, it has signed MoUs with the Union Bank of India, Bank of Baroda to finance RE projects

IREDA, IIFCL partner to finance renewable energy projects

Sonal Desai - September 5, 2023

Indian IREDA has signed a MoU with IIFCL to finance renewable energy projects and boost the GoI endeavor for clean and green India

NTPC and OIL Partner for RE and Decarbonization

Sonal Desai - September 5, 2023

The two Maharatnas have partnered for RE, green hydrogen and its derivatives, and decarbonization initiatives, including using geothermal energy and carbon sequestration

NITI Aayog, UNDP Collaborate to Accelerate SDGs in India

Sonal Desai - September 1, 2023

NITI Aayog and UNDP have collaborated to localize SDGs and uplift underdeveloped regions with data driven insights

Deconstructing the connect between our food systems and biodiversity

Sonal Desai - August 30, 2023

The main direct cause of biodiversity loss is land use change (primarily for large-scale food production) which drives an estimated 30% of biodiversity decline globally

Wastewater Can Provide Energy to Half Billion People

Sonal Desai - August 30, 2023

Eleven percent of the world’s treated wastewater is reused and around 50 % of the untreated wastewater enters rivers, lakes, and seas.

RIL’s green push to solve the energy trilemma

Sonal Desai - August 29, 2023

The energy trilemma encompasses three elements: affordable energy; energy sustainability and; energy security.

Technology, alternate fuel to pace Tata Motors’ Net Zero commitment

Sonal Desai - August 28, 2023

The company recently signed an MoU with the Jharkhand government to set up a manufacturing facility.

How Google and Deloitte are helping global customers in their sustainability journey?

Sonal Desai - August 25, 2023

Going forward, Deloitte and Google Cloud's global initiative will focus on sustainability, climate, and equity, helping clients transition to zero-emission energy, sustainable capital markets, and equitable communities.

HSBC India’s Rs 15 crore boost for green hydrogen

Sonal Desai - August 25, 2023

HSBC India has partnered with IIT Bombay, and Shakti Sustainable Energy Foundation (SSEF) for innovations in green hydrogen. The new partnership will provide an impetus to the country’s National Hydrogen…

Fast tracking SDGs in NE India

Sonal Desai - August 24, 2023

The Ministry of Development of North Eastern Region (MDoNER) and UNDP have partnered to fast-track sustainable development and expedite SDGs in the region. UNDP will provide technical support, monitor and…

LG Chem Obtains Product Carbon Footprint Calculation Method Certification

Sonal Desai - August 23, 2023

LG Chem has received certification for its Product Carbon Footprint (PCF) calculation method from the global testing organization TUV Rheinland. The move is in response to the growing demand for…

An open source repository to manage carbon credits

Sonal Desai - August 21, 2023

The software, called the National Carbon Registry, has been accredited as a digital public good (DPG). As a DPG, the registry uses open source code which allows countries to customize…

7 start-ups to help smallholder farmers in India

Sonal Desai - August 18, 2023

Krishi Mangal, a partnership between technology major Cisco and Social Alpha, a multistage platform for science and technology, has selected 7 Indian start-ups to enable farmers to achieve sustainable growth

CAs must learn about Carbon, CSR, ESG practices: Nirmala Sitharaman

Sonal Desai - August 18, 2023

Union finance minister Nirmala Sitharaman urged the chartered accountants in the country to learn about carbon, CSR, and ESG practices; and implement the same in their business practice. She stressed…

India enroute to reduce 45% emissions by 2030

Sonal Desai - August 16, 2023

Renewable energy and reforestation are are the key enablers helping India to meet her Net Zero targets

Indorama Ventures expands PET recycling capacity

Sonal Desai - August 14, 2023

Indorama Ventures, a producer of urea, phosphate fertilizers, polyolefins, synthetic gloves, cotton and synthetic spun yarns, has increased recycling facility in Brazil. The recycling facility, located in Juiz de Fora,…

How Honda is speeding toward circular materiality?

Sonal Desai - August 11, 2023

In line with the UN SDG 12 on Sustainable Consumption and Production (SCP), auto manufacturer Honda has pushed on its accelerator toward circular materiality. The company is advancing a recycling…

Jindal Stainless reducing Scope 3 emissions

Sonal Desai - August 11, 2023

Jindal Stainless, the third largest private steel producer, is working at reducing Scope 3 emissions. With this, the company is ready for European Union’s Cross Border Adjustment Mechanism (CBAM) for…

Maharashtra sets up panel to accelerate climate action

Sonal Desai - August 10, 2023

The Maharashtra government has set up a panel to monitor implementation of the Maharashtra State Action Plan for Climate Change (MSAPCC).

How are IBM and NASA leveraging AI to fight climate change?

Sonal Desai - August 9, 2023

IBM that had developed AI-based geospatial foundation model from NASA’s satellite model has decided to share the code on open-source AI platform, Hugging Face. The initiative is an effort from…

5 key principles of new global steel climate standards

Sonal Desai - August 9, 2023

In a bid to advance climate strategy, advocate carbon emissions, and reduce greenhouse gas emissions in line with the Paris Climate Agreement’s 1.5-degree Celsius scenario by 2050, the Global Steel…

Japanese Consortium to Conduct Feasibility Study for CCS Project

Sonal Desai - August 4, 2023

The Japan Organization for Metals and Energy Security (Jogmec) is conducting a feasibility study on the Japanese Advanced carbon capture and storage (CCS Project), a public offered project in FY2023.…

Indian diamond company pledges net zero emission by 2024

Sonal Desai - August 2, 2023

Shree Ramkrishna Exports Pvt Ltd (SRK), a global natural diamond crafting and exports company has set a target to achieve net zero emissions for both of its diamond crafting facilities…

EU takes a step forward toward sustainable economy

Sonal Desai - August 1, 2023

In a bid to promote sustainable economy, the European Union has adopted the European Sustainability Reporting Standards (ESRS) for all companies subject to the Corporate Sustainability Reporting Directive (CSRD). The…

CXOs can now track GHG emissions with new IBM tool

Sonal Desai - July 28, 2023

IBM has launched a new tool to help enterprises track greenhouse gas (GHG) emissions across cloud services The tool: Now generally available, the AI-informed tool is designed to give clients…

Wipro cloud customers can now monitor carbon footprint

Sonal Desai - July 25, 2023

Thousands of Wipro cloud computing customers will now be able to reduce energy usage and also monitor their carbon footprint. One of India’s ten largest ITeS companies, Wipro will leverage…

Sebi expands ESG to six new mutual funds schemes

Sonal Desai - July 21, 2023

The mutual fund industry in India is all set to embrace more green initiatives. The Securities and Exchange Board of India (Sebi), the market regulator, has issued a circular introducing…

10 sustainability lessons from the life of Nelson Mandela

Sonal Desai - July 18, 2023

Depending on how one wants to view it, the rift between those who support and oppose climate change action, alleviating poverty and hunger, DEI, and promoting world peace and unity…

L&T Bags Water & Effluent Treatment Contracts from UP

Sonal Desai - July 18, 2023

Very soon, around 50 lakh citizens from the districts of Ballia and Firozabad in Uttar Pradesh will get access to safe and potable drinking water. The Water & Effluent Treatment…

ISSB to take over Corporate Monitoring Responsibility from TCFD

Sonal Desai - July 13, 2023

In 2024, The IFRS Foundation’s International Sustainability Standards Board (ISSB) will take over responsibility for monitoring the progress of companies’ climate-related disclosures from the Financial Stability Board’s (FSB) Task Force…

Puma’s sustainability drive: will source leather from deforestation free supply chains

Sonal Desai - July 10, 2023

By 2030, Puma—the third largest sportswear manufacturer in the world, will source all its bovine leather from deforestation free supply chains. The enterprise has signed up for the Deforestation-Free Call…

Need urgent action to embed impact of climate action into risk management

Sonal Desai - July 10, 2023

The climate scenario models in the financial services industry (FSI) significantly underestimate climate risk. A new report from the Institute and Faculty of Actuaries (IFoA) created in partnership with the…

New CSR guidelines for Indian ports

Sonal Desai - June 28, 2023

The Government of India (GoI) has announced new corporate social responsibility (CSR) guidelines in an effort to serve the needs of the regional communities residing close to the ports. The…

Indian Railways` sustainable transportation initiative

Sonal Desai - June 28, 2023

The Indian Railway which has been at the forefront in adopting green technology is planning to operate 35 hydrogen fuel cell trains on the Northern Railway. A pilot project to…

ISSB issues global sustainability disclosure standards

Sonal Desai - June 26, 2023

The International Sustainability Standards Board (ISSB) has issued inaugural standards—IFRS S1 and IFRS S2, to drive sustainability-related disclosures in capital markets worldwide. IFRS S1 provides a set of disclosure requirements…

Microsoft adds ESG Reporting, Scope 3 emissions to Sustainability Platform

Sonal Desai - June 16, 2023

Microsoft is adding new features to its sustainability platform-Microsoft Cloud for Sustainability. Key capabilities include helping companies meet emerging ESG reporting requirements and regulations, calculating Scope 3 emissions, and collecting…

FICCI to establish Centre for Sustainability Leadership

Sonal Desai - June 15, 2023

The Federation of Indian Chambers of Commerce & Industry or FICCI is establishing the Centre for Sustainability Leadership. Hindustan Unilever Limited (HUL) has already signed on as its founding member.…

The uptake of sustainable aviation fuel aka SAF is on the rise in India.

Indian aviation opens wings to sustainability with SAF

Sonal Desai - May 4, 2023

The uptake of sustainable aviation fuel aka SAF is on the rise in India.

Indian Steel Industry and Sustainability

Sonal Desai - May 2, 2023

The Indian steel industry has been making significant progress toward sustainability

Telangana to be the new manufacturing hub for EVs

Sonal Desai - April 25, 2023

Telangana to be the new manufacturing hub for EVs

Deloitte launches Scope 3 emissions calculator

Sonal Desai - April 25, 2023

Global professional services firm Deloitte has launched the Scope 3 emissions calculator. The new calculator connects an organizations’ ESG reporting and GRC (governance, risk, and compliance) functions. The new tools…

Sustainability now and @2030: The India report card

Sonal Desai - April 24, 2023

A new Sustainability at Work survey carried out by Adobe throws interesting insights into the sustainability trends in Indian workplaces. The report also drew a `now global conclusion’ that the…

PwC to launch nature and biodiversity-focused practice

Sonal Desai - April 24, 2023

Global market advisory firm PwC has a series of initiatives aimed at boosting its global nature and biodiversity capabilities. The New Equation: The new initiative follows PwC’s launch in 2021…

AM Green Energy, a joint venture between ArcelorMittal and ArcelorMittal Nippon Steel India, has placed 166 MW wind turbine order with Siemens Gamesa in India.

AM Green Energy places 166 MW wind turbine order in India

Sonal Desai - April 21, 2023

AM Green Energy, a joint venture between ArcelorMittal and ArcelorMittal Nippon Steel India, has placed 166 MW wind turbine order with Siemens Gamesa in India.

Adani Green Energy obtains DNV certification for water conservation

Sonal Desai - April 20, 2023

Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani portfolio companies, has been certified Water Positive by DNV, an independent global assurance agency. AGEL’s Water Balance…

BIS rolls out new standards for EV charging infrastructure

Sonal Desai - April 20, 2023

The Bureau of Indian Standards (BIS) has rolled out standards and tests for EV charging infrastructure, and requirements for battery swapping systems. As of January 23, 2023, India had 5,254…

New software to accelerate SMEs’ climate change journey

Sonal Desai - April 19, 2023

Energy and automation solutions provider Schneider Electric has launched a new software suite to enable small and medium enterprises (SMEs) to accelerate climate change. Zeigo Activate, the new software suite…

EV Infrastructure in India

Sonal Desai - April 18, 2023

EV infrastructure in India needs to increase 9 times to meet the growing demand.

EV market in India

Sonal Desai - April 13, 2023

Government of India is pushing for EV segment and is expected to grow at 48% CAGR between 2022-30

5 Tips to Get Job in Renewable Energy

Sonal Desai - April 4, 2023

Are you looking for a career that makes a difference, offers exciting opportunities, and has the potential for growth? Look no further than the renewable energy sector! Renewable energy is…

Renewable Energy

Sonal Desai - April 3, 2023

India aims to achieve 500 GW of renewable energy capacity

Carbon Credits and the Indian Carbon Market

Sonal Desai - March 31, 2023

India aims to reduce 1 BT of carbon by 2030 and achieve net-zero by 2070 As a medium-term target, India has set to add 500 GW of renewable energy to…

10 Benefits of Sustainable Agriculture Practices

Sonal Desai - March 24, 2023

Natural farming is the fastest growing sustainable agricultural practice. More than 800,000 farmers in India have already adopted natural farming. We list below 7 benefits of sustainable agriculture practice. 1.…

Entry barriers!

Sonal Desai - March 21, 2023

Entry barriers! I am sure the sentence resonates with my friends in sales and marketing organizations. Does it not? Folks, each one of us—across business categories, across designations including the…

Air pollution: BMC pulls up socks

Sonal Desai - March 14, 2023

The Brihanmumbai Municipal Corporation (BMC) has constituted a committee of seven members to address the rise in air pollution and the declining AQI in Mumbai. The financial capital of India…

Will we ever have a solution to the declining AQI issue?

Sonal Desai - March 10, 2023

Can you insulate yourself from air pollution-related health issues? Air pollution is affecting people globally. In India, declining AQI is spreading from one state to another like a rogue plague…

GCF, CPF partner for sustainable forests

Sonal Desai - March 9, 2023

As the world works to reverse/restrict the harmful impact of deforestation, the Collaborative Partnership on Forests (CPF) has signed a new collaboration partnership. The Green Climate Fund (GCF), one of…

Dusting the impact of climate change on Mumbai

Sonal Desai - March 8, 2023

Three dust storms in a span of 30 days Unseasonal rains Destruction of seasonal crops Dust particles in the air Rising cases of viral fever Blatant tree felling Unplanned urban…

How technology is helping enterprises to embrace sustainability?

Sonal Desai - March 6, 2023

Experts are emphasising the significance of sustainable business practices and the importance of sustainability in our daily lives. I want to emphasize the importance of technology.

Global leaders emphasise the need for sustainable finance at WSDS

Sonal Desai - February 28, 2023

Global leaders at the recently concluded World Sustainable Development Summit (WSDS) emphasised the need for sustainable finance to fuel green growth. The speakers emphasised the lack of new instruments to…

Budget 2023

Sonal Desai - January 5, 2023

With 2023 budget India has an opportunity to direct investors towards sustainability

Granules India, Greenko ZeroC Partner To Reduce Carbon Footprint

Sonal Desai - January 4, 2023

The Indian pharmaceutical sector is going green.

Flying into Sustainability

Sonal Desai - January 2, 2023

India is exploring options to produce its own sustainable aviation fuel

Circular Economy

Sonal Desai - December 30, 2022

Recyle and reuse is the key to sustainable growth and net zero emissions

SEBI Approves Concept For Blue And Yellow Bonds

Sonal Desai - December 28, 2022

In a bid to strengthen the framework for green bonds and address rising...

6 Policies To Boost The Domestic Renewable Market

Sonal Desai - December 20, 2022

Industry bodies are drafting wishlist for Union Finance Minister's consideration.

The Global Outbreak

Sonal Desai - December 20, 2022

Changing climates are worsening water scarcity and sanitation problems are posing threat to outbreaks

Future of Clean Energy

Sonal Desai - December 16, 2022

Latest breakthrough in nuclear fusion has sped up the transistion to clean energy

India to attract $10 BN investment

Sonal Desai - December 15, 2022

India to attract $10 BN in renewable energy investment 2023

Energy conservation bill 2022

Sonal Desai - December 13, 2022

Under this bill India aims to bring non-fossil energy sources to be mandated

Greenfluencers

Sonal Desai - December 10, 2022

Social Media Influencers are becoming sustainable superheroes

Renewable Energy Turbocharged

Sonal Desai - December 8, 2022

Renewable Energy Turbocharged

IIT Madras generates power from sea waves

Sonal Desai - December 7, 2022

IIT Madras researchers have invented an ocean wave energy converter that generates electricity

Jindal Steel partners with ReNew Power

Sonal Desai - December 6, 2022

Jindal Stainless has partnered with ReNew Power to set up a 300MW renewable energy project

India requires push to achieve SDGS

Sonal Desai - December 5, 2022

Global SDG push is required to put worl back on track

L&T closes sustainability linked loan

Sonal Desai - December 2, 2022

By meeting predetermined sustainability targets, L&T closes sustainability linked loan, and continues to focus on achieving water and carbon neutrality