Waaree Energies Establishes 5.4 GW Solar Cell Gigafactory Facility in Gujarat
The solar cell gigafactory will provide 9,500 direct jobs and around 30,000 indirect employment opportunities, significantly contributing to local economic development
The story of Renewable Energy Growth in India
Renewable energy adoption is rapidly expanding, with installed capacity increasing from 81,593 MW in 2015 to 198,213 MW in 2024, driven by industry-led growth and reduced T&D losses
How will the PLI Scheme for Electronics Component Manufacturing Impact Renewables and EVs?
Overall, the new PLI scheme aims to generate Rs. 59,350 crore in investment, Rs. 456,500 crore in output, and create 91,600 new direct and indirect jobs
Grid Dynamics Launches IoT Control Tower for Industrial Data Analytics
The IoT Control Tower enables manufacturers, equipment providers, and energy companies to analyze and act on data from production facilities and equipment fleets using machine learning, generative AI, and agentic AI methods
Servotech Renewable Power System Ltd. Granted Patent for Peak Shaving Technology
The patented peak shaving technology enables intelligent reduction of peak electricity demand, improving energy efficiency and offering cost-saving benefits to users while contributing to grid stability
Airbus Confirms Commitment to Commercially Viable Hydrogen Aircraft
Airbus plans to promote a hydrogen aviation economy and regulatory framework, enabling the widespread adoption of hydrogen-powered flight at scale, beyond aircraft technologies
MoEFCC Used Less Than 1 Percent Funds Allocated for Pollution Control
A shocking Parliamentary panel report has revealed that MoEFCC utilized less than 1% of the Rs 858 crore allocated for pollution control due to lack of approval
India, Singapore Sign LoI for Green Shipping Corridor
The partnership between Singapore and India will be formalized through a memorandum of understanding on the Singapore-India Green Shipping Corridor
Singapore Scientists use Solar Power to Convert Sludge to Green Hydrogen
Singapore scientists have developed an innovative solar-powered method to transform sewage sludge to green hydrogen for clean energy and single-cell protein for animal feed
IREDA Raises Rs 910 Crore Through Issuance of Tier-II bonds
The IREDA board has approved raising funds through bonds and loans to accelerate renewable energy development and contribute to India’s green energy targets
US Government Driving $1.8 Trillion Sustainable Debt Market
The US government is driving a $1.8 trillion corner of the sustainable debt market, despite the ongoing green retreat led by President Donald Trump
EID Parry, Boomitra Partner for Sustainable Sugarcane Farming
The partnership aims to promote sustainable sugarcane farming practices, improve soil health, and unlock carbon finance, aligning with India’s climate resilience and agricultural sustainability objectives
ISMA Seeks Protection for Solar Imports
ISMA has urged import duty exemption on capital goods, equipment, and raw materials required for polysilicon, ingot, and wafer production
SECI Awards 4,50,000 Tons Green Hydrogen Capacity
For green hydrogen, the government has set incentives for production at Rs 50 per kg in the first year, Rs 40 in the second year, and Rs 30 in the third year, totaling Rs 5400 crore
EFRAG, CDP Announce Interoperability
Interoperability enhances transparency, efficiency, and transparency for companies, enabling ESRS1 reporters to complete CDP disclosures and preparing them for CSRD reporting requirements
Standing Committee On Finance Proposes ESG Oversight Body
The Finance Ministry is considering establishing an ESG oversight body to promote sustainable finance and responsible corporate governance in India
DEI Roll Back Will Not Impact ESG Risk Assessment: Sustainalytics
A new report suggests investors may be concerned about the broader implications of the current DEI rollback if the trend towards reducing efforts in other ESG areas continues
From Policy to Practice: A look at Insurance Clients’ ESG Expectations
Sustainability is transforming insurance industry, regulatory landscapes, and strategies, impacting customer expectations and decision-making processes globally
Amazon Launches Carbon Credit Service
Amazon has launched a carbon credit service, providing qualified companies with access to high-quality credits
India’s Energy Transition Requires $600 billion Investments in 10 Years
The unique trajectory in the power sector could expedite India’s energy transition to a low-carbon economy, potentially enabling it to achieve its net-zero emissions goal by 2070
High Renewable Hydrogen Cost Creating Obstacles for Deals in India
India’s renewable hydrogen/ammonia production costs are significantly higher than the willingness to pay from refineries and fertilizer manufacturers, a significant obstacle to deals
Slow Progress, Inadequate Financing Challenge Construction Sector to Achieve Climate Goals
Several countries are advancing towards decarbonizing the construction sector, but slow progress and inadequate financing pose a significant threat to global climate goals
SBTi Revising Net-Zero Standard
The new net-zero standard draft aims to accelerate corporate decarbonization by providing a science-based framework for businesses to join the 3,000 with net-zero targets.
How to Boost the Adoption of Zero-Emission Trucks?
Despite decarbonization goals, scalability and adoption of zero-emission trucks remain uncertain, with the total cost of ownership being significantly higher for internal combustion engine vehicles
Collaboration is a Key to Achieve Sustainability: Astellas
At its Sustainable Business Partner Summit, Astellas emphasized collaboration, innovation, and transparency, establishing stakeholder alignment and paving the way for future progress
India Triples Battery Storage Target to 13,200 MWh Under VGF
India has increased its battery storage target to 13,200 MWh under the VGF scheme, making projects more financially viable
Breakthrough Energy Lays Off US and Europe Policy Teams
Breakthrough Energy, a climate group funded by Bill Gates, has laid off numerous US and European employees due to a shift in its public policy advocacy efforts
BluSmart Denies Acquisition Talks by Uber
Gurugram-based BluSmart Mobility has refuted media reports suggesting Uber is in the early stages of discussing acquiring the company
RBI to Establish On-Tap Cohort on Climate Change Risks
The RBI Governor has emphasized the role of technology and finance in climate change risks and the low-carbon economy transition
Allianz to Phase Out € 5B Fossil Fuel Bonds
By divesting from these bonds, Allianz aims to prioritize sustainable investments that promote positive environmental outcomes
Philips Circular Revenue Increased to 24% of Sales
Products designed for recycling, reuse, and refurbishment generate circular revenues, which currently constitute 24% of total sales for Philips
Google Intros Carbon Footprint for Google Ads
Carbon footprint for Google Ads develops reports per the greenhouse gas protocol carbon reporting and accounting standards (GHGP) and Global Media Sustainability Framework (GMSF)
Brazil Lays Out the Vision for COP30
André Correa do Lago, President of COP30, presented Brazil’s vision for the summit, emphasizing resilience and decisive action over catastrophe, cynicism, and denial.
NBFCs Seek EV Finance Incentives Like FAME, PLI
the council also proposed a dedicated fund with SIDBI or NABARD to be set up exclusively for funding NBFCs for EV finance
Waaree Energies Bags EcoVadis Gold Medal for ESG Excellence
Waaree Energies Becomes First Indian Solar PV Manufacturer to Achieve EcoVadis Gold Medal, Placing Among Top 5% of Global Companies for ESG Excellence
Morocco Greenlights $32.5 Billion Green Hydrogen Projects
Morocco aims to increase its renewable energy capacity to 52% by 2030 and establish itself as a significant hydrogen supplier in the EU
Japan Aligns Sustainability Reporting Standards with IFRS
The new standards will enable companies in Japan to meet global compliances and neighbor expectations while maintaining local regulatory considerations
Tender-Driven India Renewable Energy Market Faces Challenges
The growth of utility-scale renewable energy tendering in India has reached 73GW in 2024, driven by the central government’s goal to auction at least 50GW of projects annually
Govt Launches 5 Pilots under National Green Hydrogen Mission
As part of its mission to promote green hydrogen in the transport sector under the National Green Hydrogen Mission, the government has announced five pilot projects for buses and trucks
KCB Bank Receives $100 Million for Climate Projects
The KCB Bank has secured a $100 million tier-2 capital facility from British International Investment for climate-related projects and women-led SMEs in the country
Brookfield selling 1.6-GW Indian renewables portfolio to Gentari
Brookfield has completed its first full-cycle portfolio monetization in India for its renewable power and transition business, with the first phase of the deal already completed
GCCI Fosters ESG Dialogue
The GCCI summit attracted over 30 national and international speakers to discuss global best practices and highlight the global relevance of sustainability
India May Fall Short of its 500 GW Renewable Energy Target by 2030
Closing this gap would require annual capacity additions in renewable energy to average 60% higher than 2024 or grow year-on-year at about 15%
43% Women Occupy Boardroom Positions in 350 FTSE Companies
The FTSE Women Leaders Review report for 2025 shows that women now occupy 1,275 or 43%, of roles on company boards and 6,743 (35%) of leadership roles at the 350 FTSE companies
3 Reasons Why HSBC Pushed its Net-Zero Targets to 2050
HSBC has attributed carbon offsets, slow global pace of change and policy and regulations as the three main reasons for the delay
All that You Want to Know About the New EU Omnibus
The first ‘Omnibus’ package includes simplification in sustainable finance reporting, sustainability due diligence, EU Taxonomy, CBAM, and European investment programs
How is AI Transforming the Indian Legal Landscape?
Technology and AI in particular are integrating police, forensics, jails, and courts, enabling digital transformation of the judicial system
ONGC Videsh, Petrobras Partner for Joint Opportunities
Both companies will work together to explore opportunities across upstream, marketing, decarbonization, and low-carbon solutions.
Drax Launches New Sustainability Framework
The sustainability framework aligns with Drax’s goal to achieve net-zero by the end of 2040 across its value chain, including people, the environment and the climate
GoI to Establish National Green Financing Institution
The National Green Finance Institution will help to fast-track the country’s green transition and bridge the financing gap in the renewable energy sector
PCMC to Raise Rs 200 Crore Through Green Bonds
PCMC has launched its Climate Budget Framework, becoming the fifth city globally to adopt such an approach
75% US Companies to Increase Sustainability-Focused: BDO
The BDO 2025 CFO Sustainability Outlook Survey notes that sustainability is a key driver of business growth and competitive advantage
Carbon Emission Policies Driving Carbon Accounting Software Market: Report
The carbon accounting software market is growing as enterprises focus on measuring, managing, and reducing carbon emissions for net-zero emissions and financial opportunities
MAXHUB Integrating UNGC Principles for Sustainable Development
MAXHUB is integrating UNGC principles into its operations to promote sustainable development and protect human rights
50% APAC organizations Will Work with IT vendors that Meet ESG-related AI criteria
The transition to AI in enterprises requires strong governance frameworks and increased collaboration between business and IT teams for sustainable growth
Global IT Giants Drew CDR Market in 2024
The top 20 CDR purchasers 2024 were Microsoft, Google, Meta, and Salesforce, who created the Symbiosis Coalition, promising to purchase 20 million tonnes of nature-based CDR by 2030
SEBI Tightens Regulatory Framework for ERPs
In a new consultation paper, SEBI has invited proposals that cover ERPs following a subscriber-pays model and an issuer-pays business model
Nadcab Launches Sustainable Blockchain Technology
Nadcab Labs is implementing PoS and other low-energy consensus mechanisms to maintain the sustainability of blockchain applications while ensuring security and decentralization
GMR Airports Joins World’s Largest Corporate Sustainability Initiative
GMR Airports has pledged to align its strategies and operations with the ten principles of the UNGC, which focus on human rights, labour, environment, and anti-corruption, to advance the SDGs
The Asian Development Bank, UNDP Partner To Localize Sustainable Development Goals
Through this initiative, UNDP and ADB aim to empower local actors, foster multi-stakeholder collaboration, and align policies with local priorities to drive systemic change.
Vijay Nirani Appointed Co-Chair of India SAF Alliance
The India SAF Alliance, initiated by The Carbon Market Association of India (CMAI), aims to accelerate SAF adoption and foster collaborative efforts towards achieving India’s climate goals
MNRE Tightens Quality Control for Solar Panels
The new Solar Systems, Devices, and Components Goods Order, 2025, replaces the 2017 version and introduces stricter standards for solar PV modules, inverters, and storage batteries.
Rs 34,300 Crore National Critical Mineral Mission Gets Cabinet Nod
The National Critical Minerals Mission encompasses all stages of the value chain, from exploration and mining to beneficiation, processing, and even recovery from end-of-life products.
Bridging the industry-academia-policymakers divide: key to achieve Sustainability Goals by 2030
A strong partnership between the government, academia, and policymakers is crucial for India to achieve its sustainability goals by 2030
Renewable Energy Focus in Republic Day Parade
India’s Ministry of New and Renewable Energy (MNRE) showcased a tableau at the 76th Republic Day Parade in New Delhi, focusing on renewable energy
L’Oréal Taps IBM AI for Sustainable Cosmetics
IBM and L’Oréal have partnered to use Gen AI technology to improve cosmetic formulation data, promote sustainable raw materials, and reduce energy and material waste.
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
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
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
Banks must Step Up Finance for the RE Sector: MNRE
According to reports, the RE sector requires an investment of around Rs 42 trillion to upgrade infrastructure and build new transmission lines
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.
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.
Key highlights of the Global Energy Storage and Grids Pledge
58 countries have signed the COP29 Global Energy Storage and Grids Pledge, which is a global commitment to develop resilient, decarbonized global energy systems
Reliance Power Announces New RE Subsidiary
Reliance Power has appointed Mayank Bansal as Chief Executive Officer and Rakesh Swaroop as Chief Operating Officer of the new subsidiary
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
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
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
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
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
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’
ISO Announces ISO ESG Implementation Principles
ISO has released the principles amid increasing ESG scrutiny and regulations like CSRD, the Modern Slavery Act, and IFRS S1 and S2
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
88% Executives Plan to Increase IT spending for Sustainability: IBM
However, the IBM survey found a notable gap between top executives and their employees regarding sustainability expectations and perceptions
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
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
Akshaya Patra Foundation Kitchens to be Solar Powered
ReNew Power will invest about Rs 2 crore to solarize the Akshaya Patra Foundation kitchens, with completion estimated two months after construction begins
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
RPF Updates SOP to Protect Vulnerable Children
The Railway Protection Force (RPF) has updated standard operating procedure (SOP) to protect vulnerable children found on railway premises
Gender equality in India progressing; Social Norms, Safety Concerns Persist: UN
India’s progress towards gender equality has improved through increased investments and women’s leadership, but social norms, workforce participation, and safety measures remain obstacles
NTPC to Power Indian Army with Green Hydrogen
NTPC developed the advanced solar hydrogen microgrid system that uses hydrogen for energy storage, providing 200kW of continuous power year-round
Concerns about excessive power sector investment without purchase agreements
Aequitas cautions against over power sector investment and past industry mistakes in India’s ambitious power capacity expansion plan
Global Biofuels Alliance to Establish Secretariat in India
The Global Biofuels Alliance will benefit from legal standing and privileges in India by signing a Host Country Agreement (HCA) with the country.
Private Sector Can Fuel MENA’s Sustainability Initiatives
A WEF report states that the MENA region can achieve its sustainability goals with active participation from the private sector and strong government support.
5 Statements UN Climate Secretary Made to Step Up Climate Finance
The UN Climate Secretary made pertinent observations about the co-relation between climate finance and climate action. These 5 statements sum up his sentiments.
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.
PFC Raises $1.27 Billion For Green Energy Transition
PFC has secured a facility agreement with multiple banks to expand its operations, enhance its market presence, diversify its funding sources
IREDA to Establish Retail Subsidiary
Indian Renewable Energy Development Agency Limited (IREDA) has plans to establish a wholly-owned retail subsidiary for its retail business.
RBI to Establish Data Repository for Climate Change Risk
RBI is establishing a data repository named Reserve Bank – Climate Risk Information System (RB-CRIS) to monitor climate risks
HAI, GSTC Partner to Promote Sustainable Tourism
As a part of the MoU, GSTC will issue certificates to the HAI members who practice and promote best practices for sustainable tourism
Advancing India’s Green Shipping, RE Narrative on a Global Stage
India’s union minister highlighted the country’s progress in green shipping and renewable energy transition at an international conference
Hitachi Energy to Invest $250 Million in India
Hitachi Energy will invest in capacity expansion, portfolio, and accelerating global demand for clean energy solutions
GAIL, AM Green to Develop 2.5 GW RE Projects
GAIL and AM Green will jointly develop solar/wind hybrid RE projects to supply renewable energy – round the clock
Birla Carbon Launches Sustainable Carbonaceous Material for India
Birla Carbon has launched Continua 8030, a circular material to address the growing sustainability needs of customers
IFC, HSBC AM Partner to Support Sustainability in Emerging Markets
The collaboration aims to drive sustainable growth and impact in emerging markets by investing in sustainable technologies and social impact
Adani Group to Power Google’s Cloud Services in India
The collaboration will enable Google to use clean energy for its cloud services; achieve its 24/7 carbon-free energy goal
BPCL, MbPA to Launch India’s First Green Fuel Ecosystem
BPCL, MbPA and the MPSF have inked the MoU to improve sustainable energy options at the port and establish India’s first green fuel ecosystem
Nextracker Launches R&D Center for Solar Excellence
Nextracker aims to advance photovoltaic R&D, testing, and workforce development serving the Indian and Middle Eastern solar markets
MSIM Closes 1GT Climate Private Equity Fund
1GT targets investments in private companies across mobility, power, sustainable food, agriculture and circular economy
Zetwerk Wins Rs 2,500 crore NTPC Solar Module Contract
Zetwerk Manufacturing has secured a 1,515 MWp order from NTPC for the production and supply of ALMM-compliant solar PV modules.
IREDA CMD Advocates Innovative Financing to Bridge Green Hydrogen Cost Gap
IREDA affirmed its dedication to reducing project costs by combining green hydrogen with RE sources like solar, wind, and hydro.
Union Bank of India First Major Bank to Sign PCAF
The Union Bank of India has demonstrated its commitment to monitoring and controlling its financed emissions.
COP 29 President Sets 14-Point Action Agenda
The COP 29 President has announced a 14-point action agenda to accelerate climate action and supplement the formal negotiated agenda
Thermax, Ceres Partner for Green Hydrogen Production
Thermax has partnered with Ceres to develop a pressurized SAM and design a SAM balance of module for a multi-MW SOEC electrolyzer module.
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.
ISMA Inks MOUs with TERI, PRAJ for SAF
The ISMA MoUs aim to promote India’s sustainability by reducing annual carbon emissions from the aviation sector.
Green Pathways for the Steel Industry
A report presents a comprehensive plan for India’s steel industry to decarbonize, addressing various aspects of carbon emissions
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.
85% Banks rely on ESG ratings for Financial Strategy
In 2023, 85% of FIs used ESG ratings to identify climate-related opportunities, managing over $4 trillion in assets.
India Establishes Graphene Engineering and Innovation Center
It has been established to develop a center of excellence for the commercialization of graphene technology.
Mercedes-Benz Launches Sustainability CoE
The first CoE will aid 25 social enterprises in mobility & environmental innovation, while the second will focus on charging infrastructure.
The Importance of ESG Framework and Integration into Business
Two GoI officials recently underscored the importance to integrate ESG into business practices and the significance of an ESG framework.
Toyo-India to Conduct FEED Study For EET Fuels ICC Project
The ICC project is projected to capture approximately 1 million tonnes of CO2 annually, removing approximately 45% of all Stanlow emissions.
Indian Railways Outlines Net Zero Journey
The Indian Railways Board aims to achieve net zero status by primarily utilizing renewable energy sources for energy supply, nationally
MPSF, DNV Partner for Sustainable Maritime Sector
Under the MoU, DNV team will collaborate with MPSF to explore low-carbon fuel bunkering, storage, and leverage MPSF ESG and circularity Center
ONGC’s 1GW Renewable Energy Push
ONGC has submitted a tender for one GW of renewable energy. Also established ONGC Green (OGL) as a new subsidiary to manage the assets.
Adani Energy Acquires Transmission Project in Gujarat
Adani Energy will commission the project in the next 24 months, with 21,783 km of transmission lines and 61,686 MVA of capacity.
Biocon to Achieve Gender Parity by 2030
Kiran Mazumdar Shaw, Founder, Biocon, said the initiative was aimed to create a more inclusive and balanced workforce
TGI Launched in Mumbai
The TGI project, utilizing data and analytics, aims to benefit 23 million people in nine districts of Maharashtra.
Women Can Register Workplace Harassment Complaints With the She-Box
She-Box offers a common platform to file complaints, track their status, and ensure a time-bound processing by ICs.
ReNew, Microsoft Ink 437.6 MW Green Energy Contract
Microsoft aims to achieve carbon-negative status by 2030 by producing over a million green energy attributes annually through this contract
Disparity Between Available Finance and Municipal Spends Impacting Indian Cities
A report emphasizes the need for comprehensive urban planning strategies for inclusive growth, environmental sustainability for cities.
Ultratech Cement Secures $500 M SLL
The SLL will support UltraTech’s sustainability and ESG goals, aiming to achieve carbon-neutral concrete by 2050
India Charts Green Energy Strategy at US-India Bilateral Meet
India emphasized the importance of green energy and green hydrogen to decarbonize industries and fuel power generation
L’Oréal Documents 100 % RE Journey in India
L’Oréal India has transitioned all its operations in India, including manufacturing facilities, research and innovation centers to 100% renewable energy
New BioE3 Policy to fuel Biomanufacturing
The “BioE3 Policy aims to foster innovation-driven research and development, and entrepreneurship in various thematic sectors
Mahindra Logistics’ Digital Tool to Decarbonize Supply Chain
Mahindra Logistics’ reporting tool quantifies shipment-level Scope 3 emissions for various industries and provides emissions savings certificates for transportation
India Launches Bharat ZET Policy Advisory
Each ZET policy intervention identifies a nodal agency responsible for implementation, a list of key stakeholders, its impact on the sector, and the methodology of policy formulation
India Launches SOP for Green Tug Transition Program
The Green Tug Transition Program is a pivotal initiative towards realizing our vision of a sustainable and green maritime sector in India
How is the ICICI Bank Propelling its SDG Journey?
Last fiscal, the ICICI Bank propelled its SDG Journey a step further. Here are some initiatives that stand out
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 Planning Rs 15,000 Crore Green Initiative for MSMEs
Green initiatives for MSMEs will focus on establishing material recovery facilities (MRFs) and managing post-consumption product treatment
Shipbuilding Policy 2.0 Promotes Recycling
The shipbuilding policy 2.0 includes a recycling credit note scheme, fixed shipbuilder subsidies, and three maritime clusters
Sovereign Green Bonds May be Traded at IFSC
The Indian government introduced sovereign Green Bonds in FY 23 to mobilize funds for sustainable public sector projects.
Carbon Removal Budget to Tackle Climate Change
A recent Oxford University study published in Carbon Management supports a new “Carbon Removal Budget” as a strategy to combat climate change
Muthoot Capital Secures Rs 100 Crore Impact Funding for EVs
Muthoot Capital Services has partnered with Development Financial Institution to raise long term debt funds to expand its EV portfolio
Climate Bonds must be Indexed to Basket of Currencies
APAC executives have proposed that emerging economies must issue climate bonds that are indexed to a basket of currencies
IICA, HP India, Launch ESG Professional Program
The ESG Professional program is a significant step towards building a sustainable and responsible corporate ecosystem
COP29: Climate Talks Must be the Focus
COP29 climate talks in Azerbaijan highlight the need for financial aid from rich countries and cooperation between CSA for climate solutions
India to Establish Domestic Carbon Market Regulations
Indian corporations are actively participating in the development of the carbon market as their global assets are expected to demand cleaner products
Women-Owned MSMEs Surge to 1.84 Crore in India
India now has over 1.84 crore women-owned MSMEs, marking a significant development for the nation’s economic landscape
Leading Indian Companies Fall Short of RE/Decarbonization Targets
Indian corporates are falling short of their decarbonization targets; only 5% of their yearly electricity consumption comes from RE
India EV Market to Reach $2.5 Billion in 2024
The Indian EV or electric vehicle market is projected to grow by 26.4% annually, reaching a total value of $2.5 billion by 2024
TPRMG, NDDB Partner to Solarize the Dairy Cooperative Sector
This partnership aims to support various projects focusing on developing renewable energy technologies in the dairy supply chain
Hindustan Zinc Launches Asia’s First Low Carbon Green Zinc
The company said that it produces less than one tonne of carbon emissions per tonne of green zinc to be targeted at the automotive sector
Tata Steel Launches Carbon Bank
The carbon bank is aimed at measuring and managing carbon dioxide savings generated from various sustainability projects
AcrelorMittal Belgium Pilots Carbon Capture
ArcelorMittal Belgium plans to achieve a 35% reduction in CO2 emissions by 2030 through the use of circular carbon in blast furnaces
MSME, DEI, Youth: Three Focus Areas of Budget 2024
The MSME sector in India has received a green boost in Finance Minister Nirmala Sitharaman’s seventh Union Budget 2024-25
IHG Launches Hotel Industry’s First Low Carbon Pioneers Program
The first few Low Carbon Pioneer hotels span across Holiday Inn Express Madrid Airport, Iberostar Waves Cristina, and Kimpton BEM Budapest
Economic Survey: Rural women drive women’s participation in the workforce
Women’s participation in India’s labor force has increased significantly, reaching 37% in 2022-23, largely driven by rural women.
India made great advances in climate mitigation: Economic survey
The Economic Survey highlights the importance of energy efficiency measures in promoting clean energy transitions and energy security.
5 Ways in Which Amazon Achieved its 100% RE Target
Amazon has achieved 100 percent RE target seven years ahead of the set goal. Here are the five ways in which the company achieved its target
Tata Power to Invest Rs 20,000 crore for Renewable Energy
The investments are aimed at advancing sustainability, spurring clean energy growth, and supporting India’s renewable energy targets
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
3 Climate Tech Start-ups Win ArcelorMittal Accelerator Award
The start-ups, UrjanovaC, Agro Morph Techno Solutions and Susstains Engineering Solutions are developing decarbonization solutions
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
India Needs 2 Lakh Skilled Professionals to Meet 2030 30% EV Target
The EV target demand includes blue- and white-collar technicians, scientists, and engineers in electrical, mechanical, chemical segments
Indian Sustainable Agriculture Projects on Global Centre Stage
The Gulbenkian committee recognized the contributions of APCNF and Dr Rattan Lal in promoting sustainable agriculture in India
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
