Page 2 - Sustainable Firms

Indian consumers ready to pay 20% premium for sustainable products: Survey

Bain Global Consumer Lab surveyed over 23,000 consumers in 11 countries for The Visionary CEO's Guide to Sustainability

Sustainable finance will foster economic growth: Deputy Guv Swaminathan J

He said that lenders need to go beyond mere compliance and must imbue the organisation's practices with sustainable finance principles in order to foster a culture of financial inclusion

Lego looks toward sustainable materials despite failed recycle attempt

Denmark's Lego said on Monday that it remains committed to its quest to find sustainable materials to reduce carbon emissions, even after an experiment by the world's largest toymaker to use recycled bottles did not work. Lego said it has decided not to progress" with making its trademark colourful bricks from recycled plastic bottles made of polyethylene terephthalate, known as PET, and after more than two years of testing "found the material didn't reduce carbon emissions. Still, the toymaker remains "fully committed to making Lego bricks from sustainable materials by 2032, it added Two years ago, the privately-held group which makes its bricks out of oil-based plastic, started researching a potential transition to recycled plastic bottles made of PET plastic, which doesn't degrade in quality when recycled. It had invested more than USD 1.2 billion in sustainability initiatives as part of efforts to transition to more sustainable materials and reduce our carbon emissions by 37 pe

Clix Capital gets $20 mn loan for promotion of sustainable projects

NBFC firm Clix Capital on Monday said it has signed an agreement with Global Climate Partnership Fund (GCPF) for USD 20 million (about Rs 160 crore) loan. GCPF is a Luxembourg-based innovative impact investing fund managed by responsAbility Investments AG. It finances renewable energy and energy efficiency projects across several developing and emerging nations directly and indirectly. The funding will be earmarked for sustainable projects that help to mitigate climate change, Clix Capital MD and CEO Rakesh Kaul said. He said the deployment of the fund would be done in the next six to eight months. The funding would be made to MSMEs, such as suppliers of solar power manufacturers or those engaged in waste management working towards the reduction of carbon emission, he added. "As climate change mitigation becomes a cross-policy agenda globally, our efforts are aligned to advance sustainable and green lending. As a responsible lender, we are committed to supporting India's green jo

Closing the green gap: 17% of businesses have calculated carbon output

Indian businesses today recognise the potential of sustainability to unlock business value, a recent study says

Nestle to invest $1 billion towards sustainable coffee farming plan

The new plan builds on a previous coffee-sustainability effort that started 12 years ago involving around 100,000 farmers; the goal is to double that in the coming years

How smart factories are turning green

Two factories in India are leading the use of emerging technologies for sustainability as part of the WEF Lighthouse network

From rags to riches: Indian designer finds sustainable way to high fashion

The roughly $2.4 trillion global fashion industry accounts for 8-10% of the world's carbon emissions

US election 2020: Climate goals may suffer even if Donald Trump loses

Independent of the US presidency, however, states and companies have committed to climate goals and investment in sustainable technologies

The fund managers, the sleuths and the mystery of the missing ESG

Accompanied by a cameraman, Beslik spent 10 days meeting villagers and taking samples from streams close to the plants supplying companies that his then-firm had invested in

From shareholders to stakeholders

In part I of a series, the authors discuss evolution of the environmental consciousness of companies

India ranks third among Asian countries for environmental sustainability

Companies in Hong Kong recorded the best overall performance in Asia with an average score of 70.06, followed by South Korea (64.57) and India (63.12)

Sustainable fashion: From a fish-skin bag to clothes made from hemp

'Sustainabiity' is a cool buzzword and an important design philosophy. Here are some products that walk the talk

M&M, Tata Motors among most sustainable firms

The CII survey classified 10 companies as Sustainable Plus Platinum for the highest levels of adherence to the said practices