Page 2 - Esg

ONGC signs pact with SECI to develop renewable, ESG projects

The Memorandum of Understanding (MoU) was signed by ONGC Chairman and Managing Director Subhash Kumar and SECI Managing Director Suman Sharma

India to reach net zero emissions by 2070, says Bhupender Yadav

Realising the effect of climate change on sustainable businesses, corporates in India are taking a serious note of the environmental, social and governance aspect to become more resilient, Yadav said

Vedanta aims to be ESG leader in natural resources, go net-zero by 2050

The company announced the evolution of its mission statement to strengthen the group's commitment to ESG performance

A firm's financial performance and ESG score are linked: ESGRisk.ai chief

In a Q&A, Sankar Chakraborti, who is also the group CEO at Acuite Ratings & Research, explains why ESG scores matter to investors

PwC to assist Snapdeal with its environment, social & governance programmes

As part of the engagement, PwC would assist Snapdeal to define the overall ESG vision

Global investors placing emphasis on companies' ESG performance: Survey

A percentage of investors around the world are paying more attention to companies' ESG performance when making investment decisions and may divest from firms with poor environmental track records

Climate goals: Can investor activism deliver what govts could not?

The moves by investors and accounting innovations by economists and auditors could make a critical difference on the margin. Call it Plan B; there is no Plan C, writes T N Ninan

ESG goals: L&T aims to be carbon neutral by 2040 and water neutral by 2035

The company's aim to achieve carbon neutrality is much ahead of the Paris Agreement deadline of 2050

Uptick in ESG India assets, as value rises nearly three-fold year-on-year

ESG products sold off at the outset of the pandemic but the global crisis, coupled with continued climate and social concerns, has resulted in fervent interest in ESG investing

M&M chief Anish Shah supports govt incentives to promote sustainability

Mahindra & Mahindra Ltd Managing Director and CEO Anish Shah on Thursday supported incentives provided to companies by the government for promoting ESG (environmental, social and governance) programmes. Speaking at the annual general meeting of the Indo Canadian Business Chamber, Shah also said climate change should not be seen as a potential disaster but "think of it as an opportunity". "The biggest factor in these programs (ESG) is new technologies because the new technologies are resulting in quantum changes in the carbon footprint," he said when asked if there should be some sort of incentive by the government to promote or give a push to ECG programmes. Citing the examples of electric vehicles (EVs) and solar energy, Shah said, "These are technologies that are creating quantum changes. So, that's why incentives are essential. At the start, any of these technologies are not going to be economically competitive". On solar energy, he said 10 years ago the prices in India were ...

Strong valuations, sector package to sustain rally in Indus Towers

Stake sale by telcos, higher ESG ranking, capex rollout other triggers

Climate change: Water risks highest in Asia, says Moody's report

The Moody's report said risks are more pronounced for water-intensive sectors like mining, agriculture and power

ESG bonds likely to top $10 billion by December, says JP Morgan

The ESG-focused fund-raising (green bonds) market, which has already scaled an all-time high so far this year, is set to cross the USD 10-billion-mark by December, according to JP Morgan

Mahindra Group to financially compute its impact on society: Anand Mahindra

Mahindra and RIL are two Indian firms that joined 61 other global firms to commit to the core Stakeholder Capitalism Metrics released by IBC at the World Economic Forum this Jan

ESG integration in business will help create long-term value: EY India

The covid-19 pandemic has been instrumental in reinforcing the importance of ESG framework as a key approach to long-term business resilience, says the EY report

As press freedoms come under risk from US to China, investors ignore trend

More journalists than ever were in jail last year and the number of media workers killed rose by a third compared to 2019.

Hindustan Zinc gets down to check rising coal costs, meet ESG commitment

Company could relook at FY22 guidance if it is unable to check costs, says CEO.

IndiGo first Indian carrier to start ESG reporting, mulls use of green fuel

Meeting green goals will make the company attractive to global funds and lenders which are focusing increasingly more on sustainable investing

ESG factors now part of lending decision by top banks globally: Crisil CEO

ESG will play an even bigger role in decision making both on the issue side as well as the investor side in the longer-term, says Ashu Suyash

Tata Power tops Crisil ESG scores for power companies in India

Tata Power on Thursday said it has secured the highest score among its peers in the Indian power sector in rating agency Crisil's recently launched environmental, social and governance (ESG) scores.