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Deloitte’s Climate Hub In India To Catalsye Innovations

Deloitte’s Asia Pacific Centre of Excellence (CoE) for Sustainability & Climate in India will cater to the rapidly increasing demand for ESG-related services across the region   Deloitte is accelerating its commitment to tackle sustainability and climate challenges with the introduction of the Asia Pacific Centre of Excellence (CoE) for Sustainability and Climate in India. The […]

India Set To Halve Oil Refiners’ FY24 Energy Transition Equity Support

Asia’s third-largest economy, facing an over 40 per cent shortfall in collecting revenues from stake sales in state-run companies, is prioritising spending to try to limit its fiscal deficit to 5.9 per cent of GDP for this fiscal year to the end of March   India plans to cut equity investment by half, targeting USD 1.8 […]

Steel Ministry Explores Partnerships With Japanese Firms For Greener Industry

India targets to minimise 45 per cent of carbon emissions by 2030. One of the ongoing decarbonisation projects aims to use green hydrogen as an alternative fuel to partially replace coal  India’s steel industry is exploring collaboration with Japan to combat carbon emissions, as revealed in an internal note from the steel ministry. The focus is […]

Reliance, ACME And Greenko Secure Top Honors In Green Hydrogen Initiative

Reliance Green Hydrogen, ACME and Greenko ZeroC emerged as top winners, securing the maximum bidding capacity of 90,000 MTPA each   The Solar Energy Corporation of India (SECI) has disclosed the winners of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme, a substantial 450,000 metric tonnes per annum (MTPA) tender. Divided into Technology Agnostic Pathways […]

EKA Mobility To Supply 1,000 Electric Buses To Greencell

This partnership not only strengthens the position in the market but also significantly aligns with  a long-term vision for sustainable mobility   EKA Mobility the Electric Vehicle maker promised it would supply 1000 intercity electric buses to GreenCell Mobility. A Memorandum of Understanding (MoU) between the two firms states that the company will provide GreenCell Mobility with […]

Delhi Hits 7.4°C; IMD Sees No Respite

The minimum temperature in the Ridge area of the national capital was 7.4 degrees Celsius   There was no respite for the national capital from bone-chilling cold, as the city woke up to another chilly morning on Tuesday. The minimum temperature in the Ridge area of the national capital was 7.4 degrees Celsius. Delhi’s Safdargunj observatory […]

Desi Toymakers Go Green to Script New Toy Story

The toy industry is taking sustainable initiatives to make eco-friendly toy sets and merchandise for kids to allow them to learn amid fun, creativity and security. This, in turn, could restrict plastic pollution to an extent.   Four-year-old Aarav’s environmentally-conscious parents chose a giraffe soft toy for him. The boy not only fell in love […]

Nature Centricity, Collaboration And Diversity: 2024 Outlook For Sustainability

From nature-centric strategies to collaborative alliances and a focus on board diversity, the year 2024 may unfold as a pivotal chapter in the global commitment to a more equitable and sustainable future   As the calendar flips to 2024, a sense of cautious optimism hangs in the air. The spectre of climate change still looms, but a […]

World Bank Raises GBP 1.5 Billion In 5-year Sustainable Development Bond

The World Bank, represented by the International Bank for Reconstruction and Development (IBRD), has successfully priced a 5-year Great British Pound sterling (GBP) benchmark bond due October 2028. According to the World Bank, this Sustainable Development Bond aims to generate GBP 1.5 billion from investors, contributing to the financing of the World Bank’s initiatives for […]