Page 2 - Esg

67% of Indian healthcare companies form ESG boards: EY-CII report

According to the report, 21 per cent of these companies' spending in R&D was dedicated towards environmental and social activities

A $1.5 trn ESG debt market bleeding clients, corporates began to walk away

Rachel Richardson, head of ESG at London-based law firm Macfarlanes, says this year might be "a bit of a crunch point for both borrowers and lenders" in the market for sustainability-linked loans

Conservative investors with long-term goals may opt for ESG funds

Their recent underperformance vis-a-vis multi- and flexi-cap funds was due to predominantly large-cap exposure

Govt permits planting of trees on degraded land parcels for credits

India is yet to have a domestic carbon/green credit marketplace with the regulations for it under consideration. There are however independent agencies running such platforms

SBI seeking lower CRR on green deposits, says chairman Dinesh Khara

Begins assessment of borrowers on ESG norms

Sales in global ESG bond market reach $150 billion in busiest January ever

Falling borrowing costs and seemingly insatiable investor demand have turbo-charged issuance in bond markets across the globe

ESG, technology theme to dominate India Inc acquisitions in 2024

Streamlined regulatory approvals, sector-specific incentives would encourage firms to write acquisition cheques

Global green bonds mark second-busiest month of 2023 as issuers pounce

Issuance of all kinds of ESG bonds - green, social, sustainability and sustainability-linked bonds, or SLBs - jumped to $82.6 billion in November, up from $55.9 billion in October

What world's biggest banks really mean when they put trillions into ESG

By 2021, the role of finance in creating a greener, fairer planet was a growing part of the public debate, leading an ever greater number of lenders to produce such targets

PwC India, CWAS launch framework for ESG assessment of Indian cities

PwC India has launched a framework for the Environmental, Social and Governance (ESG) assessment of cities, developed in partnership with the Centre for Water and Sanitation (CWAS), CEPT Research & Development Foundation (CRDF) at CEPT University. The framework is aimed to encourage Indian cities to become ESG-ready and create an enabling environment for investors in the country. It includes 62 indicators covering themes on global development goals and national commitments, in addition to the municipal functions mandated to local governments, PwC India said in a release. The ESG rating system developed for the assessment of cities starts with 'Initiators', which are cities that have indicated their intent to undertake a few actions on the E, S and G fronts. An increasing score leads to a city being ranked as an 'Aspirant', 'Performer' and subsequently an 'Achiever', it said. Speaking on the launch of the framework, Meera Mehta, Head, CWAS-CRDF-CEPT University, said, infrastructure

Cement cos in race to increase capacity with lowest cost producer tag

Dalmia Cement is planning to take its capacity of 43.7 million tonnes per annum to 110-130 million tonnes per annum by 2031

India sets up inter-ministerial group for climate negotiations strategy

India has set up an inter-ministerial group to develop a "well thought-out view" on important matters to be discussed during global climate negotiations, according to sources. Constituted in August, the inter-ministerial group on climate change comprises members from all the ministries and departments concerned, including the Ministry of Environment, Forests and Climate Change, Ministry of Power, Ministry of New and Renewable Energy, and the Department of Economic Affairs, a source told PTI. The group will hold discussions mainly on five issues -- mitigation, adaptation, loss and damage, climate finance and Article 6 of the Paris Agreement. Five sub-groups, one for each topic, have been formed to hold detailed discussions. Each sub-group has five to six officials at the joint secretary level, the sources said. Mitigation means reducing greenhouse gas (GHG) emissions and adaptation refers to the process of adjusting to the effects of climate change. Loss and damage refer to the imp

Greenwashing in India Inc: Environment scores create a sense of suspicion

Companies' disclosures should be verified by a single unit under Sebi to avoid disparity in methods

30-year sovereign green bonds may attract insurance companies, not banks

A report by Nomura expressed disappointment at the government's sporadic issuance of green bonds, stating it has led to a relative lack of liquidity in these securities

We are now trying to reinvent Dabur as Dabur 2.0: CEO Mohit Malhotra

The brands being repackaged include the Rs 1,000 crore - Rs 1,500 crore Dabur Amla hair oil and Vatika shampoo in the home and personal care category

BRSR filings: Not mere disclosures

It should be used to improve ESG parameters, analyse vulnerability, and build appropriate tools for supervision and regulation

Swift death of the 'Green Consensus'

Countries across the world are scaling back their climate ambitions from the high points of the past few years

G20 Summit Delhi: 4 Ways in which the G20 Declaration will accelerate ESG

To accelerate progress on SDGs by 2030, the document recognises the role of digital transformation, AI, data advances, and the need to address digital divides

If Mother Nature were to come calling

Even as the world grapples with escalating climate crises, corporate priorities in India continue to favour optics over genuine environmental action in their brand building effort

New rules to attract investment to India's $1.4 bn market: JPMorgan

India rolled out several measures over past two years to regulate its market for green and other assets, most recently allowing domestic fund managers to launch plans under six types of ESG strategies