Aramex Appoints Manosij Ganguli as Chief Sustainability Officer
Ganguli joins Aramex with a background in international decarbonization efforts, having previously served at the Energy Transitions Commission and Mission Possible Partnership in London and as the global program director at BP.
BC Jindal Group to Invest $2.5B in Clean Energy Sector Over Next 5 Years
The group will venture into the sector by launching Jindal India Renewable Energy, which aims to generate 5 GW of power from solar, wind and hybrid platforms.
IFC Invests $105 Million in Brookfield’s Solar Project
The IFC’s investment will be made through long-term loans allocated to the project’s special purpose vehicles and entities responsible for its implementation.
Diageo to invest €100 Million to Decarbonize Historic Guinness Brewery
The goals include achieving 100% renewable energy use, net-zero carbon emissions in direct operations, and a 50% reduction in indirect emissions from suppliers.
Grasim Raises ₹1,250 crore from IFC Through Sustainability Bonds
The proceeds from this initiative will be directed towards supporting decarbonization efforts within its new paint-manufacturing business.
Solar Booms in Europe in 2024 Power Generation
2023 saw a record-breaking 14 GWDC of new solar capacity in Germany, with rooftop installations playing a key role.
Abu Dhabi’s ADNOC to Invest Dh 84 Billion for Decarbonization
Abu Dhabi National Oil Company reinvests Dh178 billion into the UAE economy in 5 years; Dh84 billion into decarbonization efforts.
Green Tech, ESG and Sustainability Requirements to Shape Credit Outlook in 2024: Moody’s
Moody’s identified six key trends – Green Technology and Disruptive Innovation, Complex ESG Policy Landscape, Rising Physical Climate Risks, Climate Finance Gap in Emerging Markets, Focus on Environmental Degradation and Reshaping the Future of Work – will shape credit strength in 2024
JUNA, a JV by Scania and Sennder to drive large-scale electric truck adoption in Europe
– JUNA combines Sennder’s technology with Scania’s premium electric trucks to create a pay-per-use model.
– This model offers transport companies access to electric truck solutions and guaranteed capacity and load through Sennder’s digital platform.
– It eliminates upfront costs and concerns about the resale value of electric trucks.
Supply Chain Decarbonization Needs Collaborative Approach
The G20 nations, which represent a substantial portion of the world’s population and global trade, are taking the lead in reducing global greenhouse gas (GHG) emissions by transforming the Supply chain.