IFC Launches ClimaLab to Enable European Banks Mitigate Climate Risks
IFC launches ClimaLab to help European banks manage climate risks, promoting sustainable investments in line with the Paris Agreement.
Danish Energy Group Orsted Shuts Down its Last Coal-Fired Plant
The yearly coal consumption at Esbjerg Power Station has been about 500,000 tonnes, equivalent to about 1.2 million tonnes of CO2 emissions.
SAIL Takes a Leap Toward Carbon Neutrality with Biochar
SAIL’s groundbreaking use of biochar marks a significant step towards reducing carbon emissions in steel production.
UAE’s IFFCO Group Sets New Landmarks on its Climate Roadmap
The group has announced significant progress in its ESG efforts, including increased waste recycling and reduced water intensity.
Nearly 80% of Middle East Executives Have Formal Sustainable Strategies: PwC
PwC’s Middle East Sustainability Survey reveals a significant shift towards prioritizing sustainability in corporate agendas.
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.
Delhi’s IGIA Becomes 1st Indian Airport to Get Net Zero Carbon Emissions Status
The facility is the first airport in India to achieve net zero carbon emission airport status, a level 5 certification, under the ACI’s carbon accreditation program.
FAME III on the Cards, But Not in Budget
The previous FAME II scheme, which concluded in March, had a hefty ₹11,500 crore outlay. Compared to this, FAME III is expected to be smaller.
Most Companies Unprepared for Upcoming Climate Reporting Rules; Accenture Survey
The findings highlight a disconnect between the rising focus on ESG issues and the ability of companies to report and manage them effectively.
Climate Cost of Russia – Ukraine War is $32 Billion, Says Report
A new report by climate experts estimates that the war’s first two years generate greenhouse gas emissions equivalent to 175 million tonnes of carbon dioxide.