Jakob Stausholm,Chief Executive Officer, Rio Tinto Group His...
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Climate, Environment, Renewable Energy
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Taiwan to deploy investment from insurance funds to help finance island’s green energy
Taiwan is phasing out coal-fired power stations and shifting to...
EU to review corporate liability under Europe’s toughest ESG Law
Plans to cut reporting requirements — especially for small and...
Climate Is forcing the most risk-aware industry to reinvent Itself
Christian Mumenthaler,, group chief executive officer, Swiss Re The difficulties are forcing the insurance industry to get creative. There are three levers it can use to reduce climate risks: reduce its own emissions, force the companies it invests in to reduce their...
India to debut in green bond market with $1 billion auction on Wednesday
They make a modest trial balloon for the country’s broader goals for green finance. Prime Minister Narendra Modi has ambitious plans for renewable energy and projects that bolster the country’s resilience to extreme weather and higher temperatures, and India has said...
Climate change:Punjab’s cotton maize yield to dip by 11-13 by 2050, says report
One of the most intriguing findings is that changes in minimum temperature have resulted in changes in mean temperature throughout all growing seasons. It means that the minimum temperature has shown a rising trend," the report said A rise in minimum temperature is...
SC turns down plea seeking to enforce ‘one car one person’ norm
The top court was hearing a plea filed by NGO Tsunami on Roads, seeking directions to initiate an effective national programme against air pollution in order to get special attention, priority and better coordination among the states and the Centre, with a better...
WTW outlines “New Trilemma” of challenges for renewables-sector risk managers
: “Macro events and trends such as inflation, cost increases, security, and supply chains are impacting the renewable energy industry, making the current business environment a challenging one for risk managers. Several important steps will help them to assess their...
Globally, wildfires cost $50 bn every year; AI can help fight them: WEF
World Economic Forum said that global wildfires in 2021 released an estimated 6,450 mega tonnes of CO2 into the atmosphere Sensors with in-built AI can collect acoustic information or operate as smoke detectors in forests and alert authorities within the first hour of...
EU plans law forcing companies to prove green claims are real – draft
The draft rules would cover all products and services sold in the EU, unless they are covered by comparable EU rules. "Green" investment products are already regulated the EU's taxonomy, a controversial labelling system facing legal challenges from the Austrian...
Environmental, social credit risks to rise in 2023, Moody’s says
“The rapid crystallization of climate change-related risks have highlighted the need for rapid decarbonisation and scaling up of adaptation finance, bringing longer-term environmental risks into sharper relief,” Rebecca Karnovitz, vice president – senior credit...
Environment risks dominate in “polycrisis” world – WEF survey
The interplay between climate change impacts, biodiversity loss, food security and natural resource consumption is a dangerous cocktail,” said John Scott, head of Sustainability Risk at Zurich Insurance Group, which partnered on the report with risk strategy group...
Tata Motors announces ‘reimagination’ of their product portfolio with aim for net zero emissions
"Our fleet of more than 700 EV buses, operating across 9 Indian cities have cumulatively covered more than 60 million kilometers. This represents a potential to reduce our 60,000 tonnes of Carbon emission, once the entire grid is carbonized," he said. New Delhi:...