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Financial, capacity constraints of EU’s carbon border policy may disrupt India’s steel sector: Study
Being implemented since October 2023, the Carbon Border Adjustment...
SBI aims to be Net-Zero by 2055: Setty
C S Setty, Chairman ,SBI Mumbai: State Bank of India Chairman C S...
ESG markets investors wake up to a new risk of financing arrangements across Adani Group conglomerate
Norway’s largest pension fund, KLP, recently dumped its entire holding of shares in Adani Green Energy Ltd., the renewables part of the empire, amid concerns that it might inadvertently have helped finance some of the world’s most polluting activities via the stake. A...
Indian ESG-focused firms performed better than global peers: RBI
The findings suggested that the companies which have managed and disclosed their ESG related risks better are associated with higher stock prices compared to a larger set of listed companies which do not have such disclosures India ranks ahead of all the countries...
Aon’s rebuilding for resilience project addresses Hurricane Ian devastation
Dan Dick, global head of property analytics at Aon’s Reinsurance Solutions, said: “Our teams gained first-hand experience of the devastation caused by this historic hurricane, which allowed us to conduct thorough analyses and identify practical steps to improve...
27 feedback loops, or global warming accelerators, need to be accounted for in climate models: Study
Emissions have risen substantially over the last century, the researchers noted, despite several decades of warnings that they should be significantly curbed The scientists said interactions among feedback loops could cause a permanent shift away from the Earth’s...
Institutional investors sue Shell over its alleged climate mismanagement
It is the first, notable lawsuit by a shareholder against a board over the alleged failure to properly prepare for a shift away from fossil fuels – and comes one week after Shell posted a record $40 billion profit for 2022, partly fueled by the energy crunch after...
Depletion Amazon rainforest contribute to melting glaciers in the Himalayas and Antarctica
Deforestation in the Amazon, the world’s largest rainforest and home to a quarter of land species, reached its fastest pace in at least 15 years last year. Scientists have discovered a new atmospheric pathway that originates in the Amazon, runs along the South...
Adequate, affordable finance remains constraint in India’s climate actions: Eco Survey
As part of dedicated efforts to preserve ecosystems, India now has 75 Ramsar sites for wetlands, in addition to various regulatory and promotional measures to protect and conserve mangroves. Continued river conservation and rejuvenation efforts are underway through...
Human activity degraded more than a third of remaining Amazon forest: Study
“Despite uncertainty about the total effect of these disturbances, it is clear that their cumulative effect can be as important as deforestation for carbon emissions and biodiversity loss,” said Jos Barlow, a professor at Lancaster University, UK, and co-author of the...
Worst impacts of sea level rise will hit earlier than thought: Study
In total, after two metres of sea level rise, the researchers estimate that 240 million more people will live below mean sea level. After three and four metres of sea level rise, that number increases by 140 million and by another 116 million, respectively, staudy...
A Class-action wave is coming for ESG claims
The US Securities and Exchange Commission is still reviewing thousands of comments on its proposal to force publicly traded companies to disclose more about the risks they face due to a changing climate, as well as the greenhouse gas emissions in their production and...