KBR Bags Global EPCM Contract from BP
As part of the agreement, KBR will provide EPCM for onshore, offshore, greenfield and brownfield conventional energy projects and new energy sector projects worldwide for three years
McDonald’s Scaling Down DEI
Some of the changes McDonald’s introduced include the removal of aspirational representation quotas and the termination of the Supply Chain’s Mutual Commitment to DEI pledge
Google, Varaha Sign Largest Carbon Credit Deal
Google will receive the offtake agreement credits by 2030 from Varaha’s industrial biochar carbon credit project in Gujarat
EV Demand to Peak in 2025, But Concerns Remain
According to a study, 56% consumers are willing to spend up to $40,000 on an EV, even though 60% of them stated that charging infrastructure was a significant obstacle
ESG is not about Ticking Boxes
Environment, Social & Governance or ESG is not merely about ticking boxes; it’s about building a fundamental base for the transformation towards sustainable business practices
GEAPP, ISA Partner to Drive Clean Energy Transition in India
The GEAPP initiatives bridge financing gaps, enhance institutional capacity, and foster cost-efficient scalable solutions to support India’s clean energy transition
IBA Wants Blanket Corporate Tax Holidays for CBG Production
The IBA initiative aims to encourage investment in the compressed biogas (CBG) industry and advance this renewable energy source
New MOP Guidelines for Battery Swapping
The main objectives of these guidelines are to promote swapping of batteries as an alternate method of powering EVs, promote battery as a service, and develop a battery swapping ecosystem
Sustainable India@2030
WriteCanvas, a leading transformation partner specializing in ESG and sustainability solutions and ESGnews.earth are gearing up for “Sustainable India@2030” to be held in Mumbai.
Global Recognition: Tech Mahindra Shines in DJSI 2024
In the prestigious ‘TSV IT Services’ segment, Tech Mahindra secured the top (1) spot in India and a #2 position globally, scoring 88 and a ranking in the 100th percentile.
SuperHumanRace, CREDAI Maharashtra Launch Regional Emissions Inventories for Real Estate
The initiative to create regional emissions inventories for India’s real estate value chain is a crucial step in quantifying and addressing carbon risks linked to urban growth
4 Ways CPOs are Leading Corporate Sustainability
Often referred to as unsung heroes, CPOs must drive systemic transformation to build green and resilient supply chains and secure a more sustainable future.
World Bank Launches Global Sustainable Development Bond
According to the World Bank, these bonds support the financing of green and social projects in IBRD member countries.
Biomass Energy – A Green Power Source for Micro Data Centers
In the second part, Dr Choudhuri stresses the importance of biomass energy as a green energy source to power the micro data centers
The Growing Power and Water Demands of AI-Driven Data Centers
In a two-part series, Dr Choudhuri writes about how Al-driven data centers are guzzling water and power and highlights the emergence of micro data centers as a green alternate
Infosys, RheinEnergie Partner to Advance Enterprises’ Energy Transition Goals
RheinEnergie will enable its enterprise customers in Europe to advance their energy transition and sustainability goals through a new collaboration with Infosys.
Miral Announces Sustainability Strategy
Miral has unveiled its Sustainability Strategy, aiming to become a regional benchmark for sustainable LET experiences by 2030
China Introduces Standards for Corporate Sustainability Disclosure
Launched this month, the Basic Standards for Corporate Sustainability Disclosure aim to guide businesses align their sustainability practices with global ESG mandates.
Oil Green Energy: OIL’s Green Energy Subsidiary
OIL Green Energy plans to invest Rs 25,000 crore in green energy projects by 2040 to accelerate its shift to sustainable energy
Green Horizons: WriteCanvas’s 2024 and Beyond
For WriteCanvas, we retained an upward trajectory throughout the year.
Shriram Finance Consolidating Green Finance with New Subsidiary
Sriram Finance aims to achieve an Asset Under Management (AUM) of Rs 5,000 crores for its green finance vertical within the next three to four years.
Avaada Group Pledges $12 Billion in Rajasthan
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
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
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
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
EVA Air joins DJSI and leads S&P Global Rankings
Based on EVA Air’s leadership and commitment to sustainable (ESG) practices, the airline secured the top rank in the global airline industry in this year’s S&P Global Corporate Sustainability Assessment.
TruAlt Bioenergy, SCAO sign MOU to boost biofuel production in India
TruAlt Bioenergy has aligned its efforts with India’s targets of reaching 500 GW and 50% of the energy basket from RE by 2030.
UltraTech Boosts Sustainable Transport with Inland Waterways
UltraTech is the first Indian cement company to transport gypsum at scale via National Waterway 1, the Ganga-Bhagirathi-Hooghly river system.
China Leaps, West Stalls in Clean Energy: S&P Energy Outlook
High degree of uncertainty, resilient fossil fuel markets, AI and data centres energy consumption going up are some of the key findings of S&P Global Commodity Insights’ 2025 Energy Outlook.
India Releases Taxonomy of Green Steel
The taxonomy of green steel grades steel’s greenness based on emission intensity, with five-star steel having emission intensity below 1.6 t-CO2e/tfs.
Madhav Gadgil Wins UNEP Champions of the Earth Award
Madhav Gadgil, a well-known ecologist and environmental scientist chaired The Madhav Gadgil Committee constituted to protect , preserve, and rejuvenate the Western Ghats
MGNREGS Major Contributor to NbS Employement: UNCCD
UNEP estimates that only 1.8% of global employment is contributed by NbS, with 95% of it coming from MGNREGS in India
Climate Adaptation: Time to pull up our collective national socks!
India needs international capital of $10-20 billion annually which needs to go into climate adaptation efforts to sustain socio-economic transformation.
What does the Draft NESRS have in Store for Non-EU Parent Companies in Sustainability Reporting Standards?
The draft NESRS addresses sustainability topics such as climate change, pollution, water resources, biodiversity, circular economy, workforce, and business conduct.
GRIHA Launches Infrastructure Rating for Highways & Ports
As per GRIHA, offering standardized frameworks for evaluating and improving infrastructure performance, both ratings seek to promote sustainability
Impacted by Climate Change, Financial System Requires Regulatory Oversight: RBI
M Rajeshwar Rao, Deputy Governor, RBI has asserted that the central bank has taken proactive steps to mitigate the risks associated with climate change that could affect the financial system
Coca-Cola refocuses on water, packaging and emissions reduction
As part of its ongoing sustainability effort, the global giant Coca-Cola announced updated voluntary environmental goals for 2035.
India’s Nuclear Power Plants Among the Safest Globally: Union Minister
A Union Minister has asserted that India’s nuclear power plants as among the safest globally, stating that its safety is beyond doubt
Exide Becomes India’s First Battery Manufacturer to Embrace Green Logistics
The green logistics initiative is a part of Exide’s commitment to reduce its carbon footprint and enhance the sustainability of its entire supply chain
Himalaya Wellness Company Optimizing Sustainability Goals with SAP
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
Although India’s power sector is significantly transitioning towards RE, high emission industries must commit to achieving net-zero targets
Sustainability and Security Measures Adding to Regulatory and Economic Uncertainties: Official
Sustainability and security measures are adding to regulatory and economic uncertainties according to a GOI official
LG Energy Solution, GM to Develop Prismatic Battery Cells for EVs
Under this new definitive agreement, the companies will jointly develop prismatic battery cell technology and affiliated chemistries.
CII unveils 2nd National Circular Economy Framework
The Confederation of India Industries unveiled its second National Circular Economy Framework during the 9th International Conference on Waste to Worth
The world’s eyes turn to Riyadh as COP16 kicks off
Global dignitaries, policymakers, scientists, and NGOs will engage in intense discussions as part of the ‘critical’ UN meeting to restore land at the 16th Conference of the Parties (COP16)
BioE3 is a rising star in India’s economic constellation
The recently launched BioE3 has fuelled the sectors growth.
GH2 Needs 35%-40% Price Drop for Cost Viability: CareEdge Ratings
To achieve cost viability of GH2 to $2.1 per kg, lowering electrolyzer costs by 35-40%, improving efficiency by 12-14%, and maintaining policy support are crucial
Singapore’s Top 100 Outperform Global Benchmarks in Sustainability Reporting
According to a new KPMG report, Singapore’s top 100 companies excelled in sustainability reporting, leading globally in ESG integration and climate risk recognition
Why did Walmart Derail its DEI Policy?
Walmart has retracted its support for an equity racial center established in 2020 and has withdrawn from a prominent gay rights index
India’s Rs 9 Lakh Crore Boost to the Transmission Sector
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
WMO emphasized the need for significant reductions in GHG emissions and increased funding for resilience, particularly in strengthening early warning systems
Key Takeaways from COP29: WEF
COP29 summit in Baku underscored the global climate agenda, and also highlighted complex geopolitical backdrop, emphasizing urgent action against climate change
1000 Enterprises Incorporated ISSB Standards: Report
Last fiscal, more than 1,000 businesses incorporated and 30 jurisdictions are nearing incorporating the ISSB standards into their legal or regulatory frameworks
ESG Trends and Opportunities for APAC Enterprises
The potential for APAC enterprises to meet their ESG commitments is through technological advancements, policy pushes, renewable energy adoption, and mid-to-long term insights
Green signal for two hydro-electric projects of 426 MW in Arunachal Pradesh
The Cabinet has approved two hydro-electric power projects worth Rs. 3689 crore investments in Arunachal Pradesh.
Curtains drawn at COP29: The Planet’s Future Still Hangs in Balance
In one word, COP29 crushed the hopes of a world that was looking for climate action acceleration.
India to Resist Shift in Focus from Climate Finance to Mitigation
India expressed dissatisfaction with the CoP29 summit and pledged to resist any shift in focus from climate finance to mitigation
COP29: Mission Accomplished?
The Baku Finance Goal (BFG) has set a new commitment of $1.3tn of climate finance to the developing world each year.
Is a Breakthrough Possible at COP29?
As COP29 draws to a close, delegates await updates on negotiations regarding a new climate finance target during COP29 climate talks
UAE Fast-Tracking Decarbonization with Smart Infrastructure
UAE aims to achieve 44% renewable energy capacity by 2050 by promoting, developing, and implementing advanced policies and technologies for smart infrastructure
TotalEnergies to Measure Methane Emissions at OIL
TotalEnergies and Oil India Limited (OIL) have partnered to use TotalEnergies’ AUSEA1 technology to measure methane emissions at OIL sites in India
Taxing Just 7 O&G Cos Can Grow Loss & Damage Fund 20 Fold
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
India’s intervention emphasized the importance of justice in climate action and the need for a broader understanding of ‘Just Transitions’
CERC proposes New Carbon Credit Trading Regulations
CERC aims to establish a transparent and well-defined framework for Carbon Credit Certificate trading on power exchanges
Renewable Energy Adoption Fast Paced, but Challenges Persist
COP29 underscores the significance of renewable energy, with nations pledging billions to transition to a greener future, highlighting the need for collective initiatives and positive policy frameworks
BESS Projects in India get $300 M Push
EnerGrid plans to develop transmission and battery energy storage system (BESS) projects worth $1.2 billion in the coming years
How Private Equity can Optimize ESG for Value Creation?
Private equity firms can position portfolio companies as sustainability leaders, attracting a wider range of bidders and making auction procedures more competitive
Global South Must Accelerate Climate Action Mitigation: CEEW
The Global South index indicates that advanced economies have made significant efforts in climate mitigation through international cooperation and climate governance frameworks.
India Launches Platform to Accelerate Green Energy Transition
The platform will assist states in creating energy transition blueprints, project implementation, and fostering innovation in emerging technologies
MDBs Pledge $120B Climate Finance
Multilateral development banks (MDBs) have pledged $120 billion in climate finance for countries to achieve climate outcomes
COP29 Leaders Discuss Benefits of International Carbon Market Standards
Three COP 29 leaders emulate how International Carbon Market Standards and the actual implementation will enable the world to mitigate climate action
Why are National Renewables Targets Falling Short of Market Forecasts?
IRENA suggests a global tripling of renewables to at least 11,000 GW by 2030 to keep 1.5C within reach
India’s First CO2-to-Green Methanol Plant Announced
Ohmium International, Breathe Applied Sciences, Spirare Energy, and JNCASR have collaborated for India’s first CO2-to-Green Methanol plant
Banks, Insurance Sector Crucial to Sustainability
Banks and insurance sectors received scores below 50% in the GEM evaluation, indicating a need for increased communication and cooperation in ESRS compliance
Climate finance Target: Real or Hogwash?
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
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
IFC’s $400 Million Support to Bajaj Finance Fund Raising Initiative
The funding for Bajaj Finance aims to support women-owned microenterprises, improve access to climate finance for EVs and EECG, promote financial inclusion
NetApp Appoints Pamela Hennard as Chief DEI Officer
Pamela Hennard who has served as the Vice President, Global Talent Acquisition, NetApp, will foster the company DEI initiatives across the organization
Four Highlights of the World Solar Market Report
The World Solar Market Report shows global solar capacity increasing from 1.22 GW in 2000 to 1,418.97 GW in 2023. We present you four key highlights
MNRE Minister Stresses on Increasing Solar Projects efficiency, Cost Reduction
Union MNRE Minister Pralhad Joshi has stressed on increasing the efficiency of solar projects, reducing cost and developing energy storage solutions
Key Highlights from ISA Annual Assembly
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 for Solar Energy Finance to MSEs
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
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
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
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?
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
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
A recent CSE assessment reveals flaws in plastic pollution policies used to produce fake certificates, urging for stricter policy implementation to prevent malpractices
Global Clean Energy Market to Reach $2 T in 10 Years
As energy transitions progress, the global market for critical clean energy technologies is expected to triple to over $2 trillion over the next ten years
$78 T Needed to Achieve Net-Zero and 1.5 C Warming
A new report says that decisive action is needed to achieve net-zero by 2050, as world is currently on path for 2.5˚C to 3˚C global warming
Has Green Hydrogen Reached Crossroads?
The U.S. Department of Energy’s Hydrogen initiative aims to reduce the cost of green hydrogen to $1 per kg within the next decade.
Sustainable Investing Gaining Traction In the Financial Markets
Sustainable investing has surged with ESG-focused funds and assets under management, indicating a growing demand for ethical investment options.
IBM Acquires Prescinto for Renewable Energy Asset Performance Management
Prescinto uses AI for advanced automation, analytics, and monitoring to manage clean energy and storage assets, optimizing operations for renewable energy
79% Agrifood Executives Saw Increased Revenue from Sustainability Investments
Executives reported 2% revenue growth and cost reductions from sustainability strategies, with 60% expecting value growth over the next two years.
GOI Announces Hydrogen-Based Steel Production Pilot Projects
The Indian government will provide Rs. 347 crore over three years for the pilot projects, enabling the development of similar technologies.
