India’s Climate Policies Can Reduce 4 Billion Tons of CO2 emissions
India’s current climate policies on the power, transportation, and residential sectors can reduce about 4 billion tonnes of CO2 emissions between 2020 and 2030
$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
Bahrain Takes a Leap Towards a Sustainable Future
The recent POWERELEC conference in Bahrain highlighted the country’s unwavering commitment to achieving net-zero emissions.
Ambuja Cements Joins AFID; Pledges Rs 100 B for RE
Ambuja Cements plans to invest Rs 100 billion in RE projects, including 1 GW capacity and 376 MW waste heat recovery system.
JOULE to Power EVs in Bengaluru
The project is a $2.65 million new Climate Pledge initiative to support over 5,500 EVs by 2030 by addressing infrastructure gaps.
NTPC Announces Two Projects
NTPC has awarded a 1,166 MW wind energy project to the Suzlon Group; signed MoU with ICC to set net-zero standards.
Three important Sustainability Updates
Oil India, NABARD, and a Union Minister highlighted the importance of sustainability and ESG in three separate incidents.
IGIA First Indian Airport to be Net Zero Under ACI
IGIA has achieved its target by adopting renewable energy, developing green airport infrastructures, promoting electric vehicles, and implementing zero waste to landfill programs
GoI Outlines e-Mobility R&D Roadmap for Net Zero in New Report
The e-mobility R&D roadmap focuses on energy storage cells, EV aggregates, materials and recycling, and charging and refuelling
GAIL Starts MW-Scale Operations for Green Hydrogen
GAIL will be the first company to start megawatt-scale operations for green hydrogen production, with a facility set to produce 4.3 TPD
CEO-led Climate Alliance Appoints Sumant Sinha to Lead Global Climate Action
The CEO-led Climate Alliance represents $4 T in revenues and 5.2 GT of carbon emissions, equivalent to 10 percent of global emissions
GAIL advances Net Zero Target for Scope-1, 2 GHG Emissions to 2035
GAIL is promoting sustainable development, by advancing its emission reduction in India’s booming energy sector
Tata Communications Secures Maiden $250 Million SLL
The company’s carbon emissions will impact the SLL interest rate margin, aligning with its global Net Zero goal by 2035
Is India’s Real Estate Sector Aiding Net-Zero?
The real estate sector is buoyed by the LEED and GRIHA credits and certifications. But are these enough for net-zero?
Sustainability a priority for 50% CEOs
A recent survey shows CEOs are committed to decarbonizing their businesses to reach net zero, with over half prioritizing it
Tata Communications Adopts SLL Framework
Linking SLL margins to measurable targets, demonstrates commitment to quantifiable results, allowing stakeholders to track progress
FSI CSOs Taking Responsibility for Net-Zero Tasks
Over 70% of firms have a CSO, requiring agility in change, and over 50% hire for net-zero strategy delivery.
There is no Silver Bullet to Achieve Net-Zero: Report
Achieving net-zero doesn’t require a magic bullet; it requires coexistence of various energy technologies in our energy basket.
Sentra Joins SAIL’s Carbon Emissions Journey
SAIL is implementing a 3-pronged strategy to reduce carbon emissions, including increasing scrap usage, using RE, and utilizing natural fuels
India’s First Bioplastics Facility to use Sulzer’s PLA Technology
The bioplastics plant will achieve sustainability goals and meet increasing demand due to reduced production costs and environmental benefits
How has the Renewable Energy Sector Metamorphosed in India?
By 2030, each state must meet 43.3% of its power demand from renewable energy; grid infrastructure availability and compliance are the key
Indian Banks Taking a Green Leap
India’s energy transition and decarbonization journey require Rs 160 billion annually until 2030. The Indian banks are taking the green leap
Delta Electronics to Enhance Green Hydrogen Energy Stack
The company plans to develop green hydrogen energy applications to enable various industrial sectors’ transition to net-zero
JinkoSolar Becomes First PV Company with SBTi Approved Net-Zero Targets
JinkoSolar has underscored its ambition to address climate change and provide a clear action guide for full value chain emissions reduction
A Green Leap: Reliance & DBS Partner for Compressed Biogas Project
The collaboration will promote compressed biogas as a sustainable alternative and also address the challenge of unorganized agricultural residue management
COP28: A Mixed Bag
The story on fossil fuels in COP28 was a mixed bag, with the damage and loss promised to appease proponents of climate action.
All play, no work, watered down COP28
The Loss and Damage Fund probably leads the pack of success lists. After years of negotiations, a Loss and Damage Fund was finally established.
Nestlé Cuts Ocean Transport Emissions
To reduce ocean transport emissions, Nestle has been using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped in 2023
4 Global Banks Exit SBTi
Four global banks including HSBC, Standard Chartered, Société Generale, and ABN AMRO have exited the Science Based Targets initiative (SBTi).
Southwest Airlines announces to be Net Zero by 2050
World’s largest low-cost airline, Southwest Airlines Co. has announced an updated sustainability strategy, Nonstop to Net Zero. This outlines the carrier’s path toward its goal of achieving net zero carbon emissions by 2050.
EVs connect Amazon DSPs with the last mile
As part of the company’s global last mile fleet program, Amazon is enabling its last-mile delivery partners with electric vehicles or EVs
Insufficient Action or Lack of Will to Implement?
In recent days, we have seen insufficient action by nations and corporates alike. For example, to meet its climate goals, the EU needs to cut its carbon emissions three times faster.
India to comply with CBAM during the transition phase
As India plans its own carbon tax, it is likely to accept the EU’s Carbon Border Adjustment Mechanism (CBAM)
S&P Global introduces Power Evaluator
The tool allows users to conduct custom valuations of existing and planned power plant assets, simulate the impact of plant acquisitions and divestments, track portfolio progress to Net Zero goals, and quantify physical and market risks.
Is ESG losing steam?
Is ESG being pushed over to maintain profits? It is time, ESG is dusted off the silos and integrated into the mainstream
To car pool or not? NO, determines Bengaluru State Transport Department
Bengaluru may face yet another climate crisis if the state transport department does not find a feasible solution to its ban on carpooling
UK moves deadline to ban gas, diesel cars to 2035
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
Microsoft signs 315,000 MT DAC deal with Heirloom
Microsoft and Heirloom have signed the DAC deal to advance net-zero commitments under the First Movers Coalition
NTPC and OIL Partner for RE and Decarbonization
The two Maharatnas have partnered for RE, green hydrogen and its derivatives, and decarbonization initiatives, including using geothermal energy and carbon sequestration
Technology, alternate fuel to pace Tata Motors’ Net Zero commitment
The company recently signed an MoU with the Jharkhand government to set up a manufacturing facility.
Sajjan Jindal suggests four measures to mitigate climate risks
Outlining the four measures revolve around clean energy, climate finance, equitable distribution and circular economy, Mr Jindal called for global collaboration to meet Net Zero targets.
India enroute to reduce 45% emissions by 2030
Renewable energy and reforestation are are the key enablers helping India to meet her Net Zero targets
Jindal Stainless reducing Scope 3 emissions
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 EU’s carbon tax. While the company has made significant progress against its ESG metrics, it is preparing for EU’s carbon tax by reducing Scope 3
AIIMS joins the sustainable bandwagon with solar rooftop
The AIIMS Delhi, one of India’s leading healthcare has taken the step towards its sustainable journey. As one of the steps, a 9 KW rooftop solar solution was installed on the AIIMS Director’s Bungalow.
Need urgent action to embed impact of climate action into risk management
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 University of Exeter has found that the threat that climate change poses to our planet and society is not always reflected in the economic models
Indian Railways` sustainable transportation initiative
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 retrofit a diesel electric multiple unit (DEMU) rake with a hydrogen fuel cell and the related ground infrastructure has already been approved by IR. The
Golden era for wind energy in India?
only 41% of projects awarded by SECI during fiscals 2018-21 got commissioned till December 2022. 23% were cancelled and the balance was delayed on account of issues in land acquisition, and evacuation and supply-side constraints.
India to attract $10 BN investment
India to attract $10 BN in renewable energy investment 2023
Construction sector to achieve net-zero
Building a centralised data pool will help researchers to design reforms in construction sector to achieve net zero
An agenda for change: Achieving sustainability to improve efficiency
Sustainability or green initiatives have set as a wider canvas for companies to define a set of standards to be more environmentally conscious.