SEBI Proposes Measures to Facilitate Ease of Business for ESG Rating Providers
The consultation paper reflects SEBI’s commitment to enhancing the operational landscape for ESG rating providers in India.
Verdane Secures $760m for Landmark Energy Transition Fund
The fund will target investments in companies focused on decarbonization, energy transition, and resource efficiency
Volvo Cars Seeks to Remove Northvolt from EV Battery Venture
Northvolt was once known for its commitment to creating the world’s greenest battery with minimal carbon footprint and high recycling ambitions.
Battery Chemical Firm Terrafame Looks to Cut Jobs as EV Sales Slow
Prices of battery chemicals have dropped alongside those of metals such as nickel and cobalt used to make these chemicals.
Global Finance Leaders Feel Sustainability Reporting Lacks Credibility: EY
Over 50 percent felt that disclosing nonfinancial performance metrics related to ESG factors was doubtful.
Brazil Fines Meat Packers $64M for Buying Cattle from Deforested Amazon Land
Brazil’s IBAMA has fined JBS SA and other cattle ranches $64 million for purchasing cattle raised on illegally deforested Amazon land.
GAIL, Verbio Sign MoU to Drive Clean Fuel Revolution in India
The gas distribution firm signs MoU with Verbio India to explore feasibility of harnessing compressed biogas based on agricultural residue.
UNEP Urges Drastic Emissions Cuts to Avert Climate Catastrophe
UN Environment Programme warns of dire consequences if nations fail to drastically reduce greenhouse gas emissions by 2030.
Ashok Leyland Arm Bags Order for 500 Electric Buses Chennai MTC
These buses will have a range of over 200 km per charge and will be ideal for Chennai’s long city routes.
Combined Risk of Microplastics and PFAs Cause Greater Environmental Harm: Study
Research at University of Birmingham shows microplastics and PFAs, when combined, pose a greater threat to aquatic life than either chemical alone.