BOB Announces ESG Policy
The ESG Policy aims to reduce Scope 1 & 2 emissions by 75% by 2034 and will act as a guide for all ESG initiatives the bank undertakes
Global Economy Lost $28 Trillion to Climate Change: Study
A new Dartmouth study has revealed that extreme heat from 111 companies cost the global economy $28 trillion from 1991 to 2020, with $9 trillion of losses attributed to top-emitting firms
AIPEF Demands Halt to PSU Privatization in UP, Chandigarh
AIPEF has urged the Minister of State for Power Ministry to withdraw unilateral privatisation in UP, and review Chandigarh Power Department privatisation
ICICI Bank Installs Units to Produce Water from Atmospheric Moisture
The units can produce water from atmospheric moisture have production capacity of 8,000 liters of potable water a day and will benefit 4,200 employees
IFC Overhauling Sustainability Framework
The Equator Principles have become the benchmark for private sector investments in developing countries, influencing over $4.5 trillion in financial flows from IFC, MIGA, and 120 global financial institutions
Sustainability is the Only Lifeline to Protect the Earth
This Earth Day, we confront a hard truth: sustainability is no longer a noble ideal—it’s our only lifeline to protect the planet
Santosh Kumar Sarangi is the New MNRE Secretary
Santosh Kumar Sarangi, a 1994-batch IAS officer of the Odisha cadre, has been appointed as Secretary in the MNRE
SECL to Use Paste Fill Technology for Sustainable Mining
SECL and TMC Mineral Resources Private Limited have inked a 7040 crore deal to implement the paste mill underground mining technology
Caught Greenwashing: SEBI Slams Gensol for Misleading Investors
The NSE conducted a surprise inspection of the Gensol EV plant in Chakan, Pune, revealing no manufacturing activity and only 2-3 laborers present
Indian Aluminum Sector will Require Rs 425B for RE Transition
The aluminium sector is projected to require a 104 MW/416 MWh energy storage system by 2030, necessitating a $5 billion investment in RE transition
India to Amend Nuclear Liability Legislation
India has plans to amend its nuclear liability legislation to limit accident-related penalties for equipment suppliers, to revive foreign investment in the nuclear sector
Pure or Legacy, e2W Competition Intensifies
Competition in the e2W market segment is expected to boost industry volume growth to around 25% in fiscal 2025, driven by increased model availability and wider distribution network reach of legacy players.
