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NSE’s index services subsidiary, NSE Indices Limited launched a new thematic index – Nifty EV & New Age Automotive index on May 30, 2024.
The Nifty EV & New Age Automotive index aims to track the performance of companies which form a part of the EV ecosystem or are involved in the development of new age automotive vehicles or related technology.
European Council adopted the corporate sustainability due diligence directive (CSDDD), marking a significant step towards holding large companies accountable for their environmental and social impact. The directive adopted introduces obligations for large companies regarding adverse impacts of their activities on human rights and environmental protection. It also lays down the liabilities linked to these obligations, for companies of more than 1 000 employees with a turnover of more than €450 million.
As per their twitter handle, companies will need to identify and mitigate any adverse impact on human rights and the environment, with respect to:
To take ahead the 'LiFE' - 'Lifestyle for Environment' movement announced by the Hon’ble Prime Minister in 2021, the Ministry of Environment, Forest and Climate Change has introduced two pioneering initiatives that indicate the country's pro-active approach to climate change, sustainability and promotion eco-conscious practices. These initiatives, the Green Credit Program (GCP) and the Ecomark Scheme, seek to encourage environmentally friendly practices rooted in tradition and conservation; reflecting the ideas of LiFE concept.
The Indian Institute of Technology Kanpur (IITK) and the Kotak Mahindra Bank Limited ("KMBL"/ "Kotak") announced the launch of Kotak School of Sustainability - India’s first fully integrated school of sustainability at IIT Kanpur in December 2023.
The Kotak School of Sustainability will be led by tenured professors and leading industry experts from across the globe. The School is placed to run both undergraduate and postgraduate academic and skill-building programs in different themes of sustainability. The School will be housed in a green building in IITK’s main campus that will be platinum-rated with net zero practices on energy, water, and waste.
Event Alert!
What : Global Wind Day Run 2024
When : 9th June 2024
Where : JLN Stadium, New Delhi
To celebrate the Global Wind Day, which falls on June 15th, Wind Independent Power Producers Association (“WIPPA”), with support from the Ministry of New and Renewable Energy (MNRE) and other organizations like SPDA, GWEC, etc is hosting Global Wind Day Run 2024.
View more details and register now.
The India-Japan Fund will focus on investing in environmental sustainability and low carbon emission strategies besides further enhancing Japanese investments into India
Ministry of Finance in October 2023 released that The National Investment and Infrastructure Fund (NIIF) entered into a collaboration with the Japan Bank for International Cooperation (JBIC) to launch a $600 million India-Japan Fund (IJF) with JBIC and Government of India (GoI) as anchor investors. This joint initiative signals a key dimension of collaboration between the two countries in an area that is a shared priority viz. climate and environment.
The India Meteorological Department (IMD) reported "severe heat-wave conditions" in Delhi on Wednesday. Mungeshpur, a suburb of Delhi, recorded a scorching 52.3 degrees Celsius (126.1 Fahrenheit), shattering the previous national record by over a degree Celsius.
REC Limited, a leading public sector financial institution under the Ministry of Power, secured the prestigious "Sustainability Champion – Editor's Choice Award" at the 2024 Outlook Planet Sustainability Summit & Awards. This recognition, presented by the Outlook Group in collaboration with Indian Institute of Technology Goa, acknowledges REC's dedication to sustainable practices and its role in fostering a greener future.
As global concerns about food security and environmental impact grow, sustainable farming techniques have become crucial. Recent innovations in this field are transforming agriculture, making it more efficient, eco-friendly, and resilient. Here are some of the latest advancements in sustainable farming techniques that are paving the way for a greener future.
This World Environment Day, take action for our planet! Take the Sustainability Pledge on Sustainace and commit to small changes that make a big difference. Let's build a sustainable future, together!
UN Secretary-General António Guterres convened Heads of State and Government in New York on 5th June 2024 to advance efforts to get countries back on course to achieving the Sustainable Development Goals (SDGs) by the 2030 deadline. The comprehensive proposal advocates for immediate actions to provide developing countries with financial resources to address their current challenges and return them to a path of accelerated development.
Sustainability is no longer just a buzzword; it is a crucial component of long-term success. As environmental concerns rise and consumers demand more eco-friendly practices, businesses are increasingly turning to renewable energy sources to power their operations. Read more on why renewable energy must be incorporated into business operations.
UN Secretary-General António Guterres convened Heads of State and Government in New York on 5th June 2024 to advance efforts to get countries back on course to achieving the Sustainable Development Goals (SDGs) by the 2030 deadline. The comprehensive proposal advocates for immediate actions to provide developing countries with financial resources to address their current challenges and return them to a path of accelerated development.
Sustainability is no longer just a buzzword; it is a crucial component of long-term success. As environmental concerns rise and consumers demand more eco-friendly practices, businesses are increasingly turning to renewable energy sources to power their operations. Read more on why renewable energy must be incorporated into business operations.
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