# Tags

Moody’s Forecasts ESG’s Influence On Ratings In 2024

Despite the overall momentum for more rapid decarbonisation of the global economy, high-interest rates and slowing global growth could dampen green investment in 2024 and impede the execution of capital-intensive projects  According to a recent analysis by Moody’s Investor Service, environmental, social, and governance (ESG) factors are expected to have an increasing impact on how […]

ONGC Targets Zero Methane Emissions By 2030

As part of its environmental responsibilities, Oil and Natural Gas Corporation (ONGC) has significantly reduced gas flaring, or the burning of methane gas produced during oil extraction from below the surface, and aims to eliminate it entirely Oil and Natural Gas Corporation (ONGC) is seeking global technology partners to cut gas flaring and to achieve […]

Adani Green Completes JV With TotalEnergies, Raises USD 300 Million 

AGEL, the joint venture, houses a 1,050-MW portfolio comprising a mix of an already operational capacity of 300 MW, under-construction capacity of 500 MW and under-development assets of 250 MW including both solar and wind projects in India The 1,050 MW joint venture (JV) between Adani Green Energy Limited (AGEL) and TotalEnergies has been successfully closed, […]

EV Bus Penetration Set To Double Next Fiscal: Report

The report highlights the government’s commitment to overall decarbonisation, particularly in public transport, as a significant enabler for the increased adoption of e-buses   In a recent report, CRISIL Ratings stated that the share of electric buses (e-buses) in India is poised to double to 8 per cent in the next fiscal year, citing supportive policy […]

Sustainable Packaging Revolutionises India’s F&B Industry

Packaging plays a vital role in preventing carbon emissions associated with food wastage and contributes significantly to reducing greenhouse gas emissions within the product supply chain and sustainable packaging can be a major player, feel India’s major coffee companies   In a groundbreaking move towards sustainability, three major players in India’s thriving coffee and beverage […]

WEF Says $13.5 Trillion Needed To Fast-Track Decarbonisation Of Key Sectors

Institutional investors and multilateral banks are identified as key players in providing access to low-cost capital linked to emissions targets A new report from the World Economic Forum (WEF) emphasises the need for USD 13.5 trillion in investments by 2050 to facilitate the transition to a more sustainable and carbon-neutral future. The report highlights the […]

Amazon’s Electric Delivery Promotes Last-Mile Green Deliveries

Amazon has unveiled the latest fleet of Mahindra Zor Grand three-wheeler EVs, which have been enhanced to improve the efficiency of last-mile deliveries   Amazon came up with a global last-mile fleet programme in India that exclusively uses electric vehicles for deliveries. The program offers comprehensive support to Delivery Service Partners (DSPs), including maintenance, charging, […]

Union Minister Stresses Vital Role of EVs in India’s Climate Action Efforts

EV-Ready India dashboard forecasts 45.5 per cent  Compounded Annual Growth Rate in electric vehicles between 2022 and 2030. Annual sales of 1.6 crore EVs in India by 2030    Decarbonising the transport sector is a crucial step in reducing carbon emissions, according to the Union Minister for Power and New & Renewable Energy. Transport accounts […]

Domestic Steel And Cement Industry Need Rs 47 lakh Crore Investment To Meet Net Zero Goals: Report

India is the world’s second-largest producer of steel and cement, both of which have high emissions and are difficult to reduce. According to a research by the Council on Energy, Environment, and Water (CEEW), “India’s existing steel and cement plants will require Rs 47 lakh crore (USD 627 billion) in additional capital expenditure (CAPEX) to […]