Sustainability | Page 2

Consumers are more inclined to support companies that demonstrate a commitment to social and environmental responsibility, leading to increased sales and market share.

Inflation is the challenge that is eating up the margins of most of companies in the packaging business in Asia and causing them to find ways to survive or exist to keep their position in the market.

Discussing the findings of the report, Naman Jhawar, Partner and Head of India and Southeast Asia, Picus Capital said that there is a major problem with confidence in available ESG information.

Each start-up will be paired with seasoned experts from various fields, including industry leaders, academics, and investors who will provide personalised mentorship and strategic advice.

Last week, the Amara Raja Group held a groundbreaking ceremony for their Customer Qualification Plant for cell manufacturing, and also inaugurated phase 1 of the 1.5 GWH battery pack plant in Mahabubnagar district.

According to International Energy Agency, (IEA), Global energy-related CO2 emissions grew by 0.9 per cent or 321 Mt in 2022, reaching a new high of over 36.8 Gt.

As of now, 414 aerobic bins are installed in the city with 24 locations reporting non-functional bins. According to officials, the bins have faced frequent technical issues and poor maintenance.

The International Olympic Committee (IOC) has put sustainability front and centre for host cities.

The university also emphasizes the principles of reduce, recycle, and reuse in its operations and encourages students to adopt a similar mindset.

ITC Next strategy focusing on decarbonisation and adaptation to build resilience, enhance competitiveness and spur new opportunities

The proceeds from the funding will be used to expand Rays Power Experts' footprint and undertake new domestic and international solar projects.

Sound regulatory frameworks supported by transparent, science-based carbon intensity calculations will be required to attract the investments needed to scale up biofuel production.

The announcement for support of Pumped Hydro Storage is a key step for supporting Long Duration Energy Storage technologies.

Tshering talked about successfully hosting the Sustainable Finance for Tiger Landscape Conference in April 2024 in Paro.

According to the report, 61.3 per cent of manufacturing companies expect to see measurable outcomes from their ESG initiatives in medium to long term, with 13.3 per cent anticipating results in the very near term (0-1 years)

L&T had last year announced that it will invest USD 12 billion over the next five years, a third of which will be accounted for by green energy.

The world, specifically India, is going to see a very steep increase in the energy demand, accelerated due to heating and cooling demand in the backdrop of climate change that we must recognize, JSW Group Chief Sustainability Officer said.

In June 2023, the World Bank approved the USD 1.5-billion First Low-Carbon Energy Programmatic Development Policy Operation to accelerate India's development of low-carbon energy.

In clean power, where upfront costs are high and margins are lower, the share of debt financing is currently around 50 per cent. Meanwhile, debt financing in end-use sectors, including industry, buildings and transportation, is close to the 45 per cent average.

The sustainability sector must focus on three key pillars to propel MSMEs towards their net-zero targets: developing cost-effective green technologies tailored to MSME operations, implementing targeted capacity-building initiatives, and facilitating easier access to green financing options.

The coal stocks at Thermal Power Plants remain robust, exceeding 45 million tonnes (MT) as on June 16, 2024, which is ~ 31.71 per cent higher compared to the same period last year when it was 34.25 MT.