Page 2 - Sustainable Development

Sustainable, profitable: Tech tools help cos minimise environmental impact

From managing waste to tracking energy use, sustainability has become part of strategy of firms

Sustainable development

The recent report showed mixed results

UCBs should ensure proper credit underwriting, NPA recovery: RBI Governor

The RBI today held a Conference of Directors of UCBs in the Western Zone in Ahmedabad. The theme of the conference was 'Governance in UCBs - Driving Sustainable Growth and Stability'

Sustainable Gastronomy Day 2024: Definition, significance, impact on nature

Sustainable gastronomy is connected with sustainable development since it promotes agricultural development, food security, sustainable food creation, nutrition, and preservation of biodiversity

Anant Ambani's Vantara launches campaign for World Environment Day 2024

Anant Ambani's wildlife preservation initiative shared a video with a campaign towards environmental conservation. The video features Ajay Devgn, KL Rahul, Kusha Kapila etc

Five things China's economists are watching to track sustainable recovery

Power production has been rebounding since China reopened from Covid-related restrictions more than a year ago

Carpool, minimise paper use, waste disposal: EC for sustainable polls

Avoiding single-use plastics, keeping paper use to the minimum, using eco-friendly vehicles and carpooling are part of the Election Commission's directions to the poll machinery and political parties ahead of the Lok Sabha polls to ensure a "sustainable election". According to Chief Election Commissioner Rajiv Kumar, the Election Commission of India (ECI) is sensitive to environmentally sustainable elections. "In a step towards sustainable or eco-friendly elections, we are making efforts to minimise single-use plastic and encourage eco-friendly practices in the election process. A set of instructions has been issued to the poll machinery and political parties for waste management, minimisation of paper and reducing carbon footprint," Kumar said during a press conference on Saturday when he announced the schedule for the Lok Sabha polls. The commission has instructed to avoid single-use plastic completely, ensure separate collection bins and proper signage and adequate disposal ...

British conglomerate SayeNvest launches ops in India, to start $500 mn fund

The company aims to provide investment opportunities and drive sustainable development initiatives across diverse sectors

Tata Steel, South East Railway join hands to develop sustainable infra

Private steel major Tata Steel on Wednesday said it will jointly work with South Eastern Railway (SER) to develop sustainable rail infrastructure by utilising its slag-based aggregates. A deliberation on the project execution was held between officials of the SER and Tata Steel, the company said in a statement. Utilisation of sustainable alternatives is the need of the hour, and it will also help in conserving the ecology, SER General Manager Anil Kumar Mishra said at the event on Tuesday. Tata Aggreto, a greener substitute of natural aggregates used in road construction, and Tata Nirman, used as a raw material in manufacturing of fly ash bricks and cement making, will be used in construction of blanketing layers in railway tracks. During the deliberation, Rajeev Shrivastava, Chief Administrative Officer (Construction) apprised participants of the plan chalked out to strengthen the rail infrastructure by the Ministry of Railways. In the endeavour to transform steel slag into ...

Grow Indigo raises $8 mn to drive future of sustainable agriculture

Sustainable agriculture company Grow Indigo on Sunday said it has raised over USD 8 million (around Rs 67 crore) in a funding round with a cumulative capital raise of more than USD 23 million (around Rs 191 crore) to date. The round saw interest from investors globally including participation from Indigo Ag, Mahyco and individuals and the fund raised will be utilised for driving the future of sustainable agriculture, the company said in a statement. Grow India is a joint venture between Indigo Ag and Mahyco that was formed in 2018. The company operates a carbon farming platform for smallholder farmers in India that includes four carbon programs across 13 states and cumulatively aims to reduce or remove emissions by 20 MT of CO2 annually from agriculture. About 8,00,000 acres have already been enrolled in the company's programs. "With sustainability at its core, we have now demonstrated adoption of biological inputs and carbon solutions at scale by farmers," Grow Indigo Executive .

Ashok Leyland signs MoU with Tamil Nadu govt to invest Rs 1,200 cr

Hinduja Group flagship Ashok Leyland has earmarked investments of Rs 1,200 crore in Tamil Nadu, for taking up overall business expansion over the next three to five years, the company said on Monday. Ashok Leyland Managing Director and CEO Shenu Agarwal exchanged documents with Industries Department Secretary V Arun Roy during the second day of the Global Investors Meet in the presence of Chief Minister M K Stalin here.' The investment of Rs 1,200 crore is assigned for strategic initiatives to drive innovation, technological advancements and overall business expansion, the heavy commercial vehicle maker said in a release. Ashok Leyland is committed to creating employment opportunities for 500-1000 people, both direct and indirect, based on the work demand, it said. "This commitment also reflects the group's vision for sustainable growth and competitiveness in the automotive sector," it added.

Making sustainable business work

In an age of 'greenwashing', Esha Chhabra's book is a wake-up call, reminding us that sustainability is a practical possibility

UltraTech to have 85% green energy mix by 2030 to meet sustainability goals

The largest cement and ready-mix concrete maker Ultratech Cement on Wednesday announced that it plans to increase the overall share of green energy in its total energy mix to 85 per cent by 2030. As an interim target for its sustainability objectives and targets, the AV Birla Group company plans to increase its total green energy share from its current 22 per cent to 60 per cent by FY26. Currently the company has 691 MW of green energy capacity, which includes 262 MW of WHRS (waste heat recovery system) installed capacity and 429 MW of contracted renewable energy. This translates to about 22 per cent of its current energy requirements. "As the country's largest cement maker, it is our responsibility to lead the way in building a more sustainable and green future for the industry by decarbonization. We've been constantly scaling up our green energy mix over the years," said KC Jhanwar, the managing director. Ultratech targets to meet 100 per cent of its electricity requirement throu

Submit bids for green hydrogen, electrolyser mfg projects by Dec 12: Govt

The last date to submit bids for green hydrogen and electrolyser manufacturing projects under the government's SIGHT Scheme ends on December 12, Parliament was informed on Thursday. In January 2023, the Union Cabinet approved the National Green Hydrogen Mission (NGHM) with an outlay of Rs 19,744 crore with an aim to make India a global hub for manufacturing this clean source of energy. The mission is expected to lead to development of 5 Million Metric Tons per annum of green hydrogen production capacity by 2030, New and Renewable Energy Minister R K Singh said in Lok Sabha. "Request for selection (RfS) has also been issued for selection of green hydrogen producers for setting up production facilities of 4,50,000 tonnes for green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1-Tranche-I) on July 10, 2023. Last date for submission of bids is December 12, 2023," he said. Singh further said that December 12, is also the last date

Kamboj chairs briefing ahead of 62nd UN Commission for Social Development

The 62nd session of the Commission for Social Development (CSocD62) will take place from February 5 to 14, 2024, in Conference Room 4 at the United Nations Headquarters in New York

India eyes Global South pole position with COP host pitch in 2028

Under the current Bharatiya Janata Party-led government, the Indian state has been positioning itself as the leader of the Global South

India ahead of Montreal protocol targets, leads sustainable cooling goals

India has successfully phased out ozone depleting and climate warming chemical HCFC 141b and is ahead of schedule in eliminating another such gas, HCFCs, in new equipment manufacturing, according to a government report launched here on Sunday during the global climate talks. The report, jointly brought out by the Environment ministry and UNDP, during a side-event of the annual climate talks COP28, said that surpassing the 35 per cent phase-out target for HCFCs, India has achieved an impressive 44 per cent reduction, showcasing its commitment to collaboration and innovation to meet climate targets. India's proactive measures, outlined in the HCFC Phase-out Management Plan (HPMP) Stage-II, have set a remarkable example for global climate action, the report said. The report said India has successfully phased out ozone depleting and climate warming chemical 1,1-Dichloro-1-fluoroethane (HCFC-141b) and is ahead of schedule in eliminating another such gas Hydrochlorofluorocarbons in new ..

Uttarakhand tunnel episode: Congress seeks thorough audit of all projects

A day after 41 workers were rescued from the Silkyara tunnel in Uttarakhand, the Congress on Wednesday demanded a thorough audit of all projects under implementation while also calling for putting on hold all future projects in the Himalayan region and subjecting them to professional ecological scrutiny. Congress general secretary Jairam Ramesh said while "we salute the rescued workers and applaud the entire rescue team", there should be a reflection on some larger questions thrown up by the tunnel collapse. "While we salute the rescued workers and applaud the entire rescue team -especially the twelve 'rat-hole' miners who displayed both skill and daring, and who surely deserve a more appropriate name for the work they do -- we should also reflect on some larger questions thrown up by the tunnel collapse," the former environment minister said in a post on X. The fragility and complexity of the Western Himalayan ecosystem has been brought home to us in a stark manner, he said. "What

Goal set to make Himachal a green energy state by March 2026: CM Sukhu

Chief Minister Sukhvinder Singh Sukhu on Monday said his government has set a goal to make Himachal Pradesh a green energy state by March 2026. Speaking to the media, the chief minister also said the expansion of his cabinet will take place at an appropriate time after consultation with the Congress central leadership. He said that with the aim to reduce carbon emissions, his government set a goal to make Himachal Pradesh a green energy state by March 31, 2026. He said the initial phase of the Rs 680-crore Rajiv Gandhi Swarozgar Start-up Yojana has been launched, under which a 50-per cent subsidy is provided for e-taxi purchases. He said the Transport Department has received around 70 online applications so far, highlighting the positive reception of the subsidy-based start-up initiative. "In the second phase, a scheme will be introduced for the agricultural sector," he said. The chief minister paid obeisance at Gurudwara Sahib Shri Guru Singh Sabha in Shimla on Monday on the ...

U'khand tunnel collapse: 'You can't act surprised,' says environment expert

While large projects in India are required by law to undergo an Environmental Impacts Assessment, the Silkyara Tunnel in Uttarakhand was exempt as it is divided into segments smaller than 100 km each