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 is growing or shrinking. As more data and statistics have become available, our understanding of the problem has expanded and more stakeholders have become involved.
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 Business of L&T Construction has secured orders from the State Water & Sanitation Mission to develop a water supply scheme for the Hanumanganj multi-group of
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 on Climate-related Financial Disclosures (TCFD). The transfer of responsibilities marks a significant step in the ongoing consolidation of sustainability reporting standards, following the publication last
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 to Action for Leather, launched by global non-profits Textile Exchange and Leather Working Group. “This deforestation-free commitment also directly supports one of PUMA’s 10FOR25 sustainability
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
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 endeavor will make the ports not just sustainable workplaces, but also motivate them to follow the ESG framework that aligns with the UN SDGs for
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
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 to enable companies to communicate to investors about the sustainability-related risks and opportunities they face over the short, medium, and long term. IFRS S2 sets
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 and managing ESG data across categories and data sources. Additional features: The additional features include an expansion of Microsoft Cloud for Sustainability’s emissions calculation capabilities
The uptake of sustainable aviation fuel aka SAF is on the rise in India.
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 include Scope 3 Greenhouse Gas (GHG) report calculator and a dashboard to map emissions for the 15 categories, across the value chain. Other features include
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 youth (between 25 to 34 years and the millennials are driving sustainability practices at the workplace. On their part, enterprises too have embarked on their
