In Short : UltraTech Cement has successfully raised $500 million through sustainability-linked bonds to advance its Environmental, Social, and Governance (ESG) goals. The funds will be utilized to support initiatives aimed at reducing the company’s carbon footprint, enhancing energy efficiency, and promoting sustainable practices within its operations. This move underscores UltraTech’s commitment to achieving its […]
Pharma & biotech industry propels ESG implementation with concerns over climate change & global supply disruptions – EQ
In Short : The pharmaceutical and biotech industry is accelerating its adoption of Environmental, Social, and Governance (ESG) practices due to growing concerns about climate change and global supply chain disruptions. Companies in these sectors are increasingly prioritizing sustainable practices to mitigate environmental impact, enhance supply chain resilience, and address the broader implications of climate […]
Moody’s says green tech, ESG and sustainability requirements will shape credit outlook in 2024 – EQ
In Short : Moody’s predicts that the credit outlook in 2024 will be significantly influenced by factors such as green technology, Environmental, Social, and Governance (ESG) considerations, and sustainability requirements. This emphasizes the increasing importance of sustainable practices in shaping financial assessments and decision-making processes across industries. In Detail : Green technology, climate financing and […]
By 2051 ESG investments could make up 34% of India’s domestic AUM, according to a study, indicating a growing commitment to sustainable finance – EQ
A study predicts that Environmental, Social, and Governance (ESG) investments are expected to make up 34 percent of India’s domestic Assets Under Management (AUM) by 2051. This projection underscores the growing significance of sustainable and responsible investing in India. As investors increasingly prioritize ESG factors in their portfolios, this shift can contribute to sustainable business […]
Sentra World Secures $2 Million in Funding Led by Avaana Capital and Other Investors – EQ Mag
Sentra.world, a startup with a strong focus on ESG (Environmental, Social, and Corporate Governance), has successfully secured $2 million in seed funding. The funding round was led by Avaana Capital, a venture capital firm specializing in early-stage climate-tech investments. Notable participants in the round included RPG Ventures and Golden Sparrow Ventures, as stated by the […]
83% Asian SMEs say ESG is high priority but only 37% have roadmap – EQ Mag
On average, Asian companies that considered ESG a high priority allocated 18 per cent of their budget to ESG projects Singapore : Last week, a report published by Bloomberg Media Studios in partnership with DBS, the largest bank in Southeast Asia, revealed that while 85 per cent of medium-sized and 75 per cent of small […]
A guide to impact investing in Black economic mobility – EQ Mag
Eight socioeconomic pillars can support the growth of Black-owned businesses and increase opportunities for Black communities. In recent decades, institutional investors have expanded the criteria they consider when evaluating investment opportunities. Environmental, social, and governance (ESG) inputs have become a regular part of the conversation for traditional investors. Meanwhile, impact investing—which seeks to not only […]
Doing good demands doing better: Delivering net-zero capital projects
A net-zero project management framework aligns project performance with current trends in asset valuation and energy transition goals. lthough the advice to “do well by doing good” (attributed to Benjamin Franklin) has influenced business leaders for generations, it is likely more relevant today than ever. In an effort to move toward net-zero greenhouse gas (GHG) emissions, […]
ReneSola Power Launches Inaugural Environmental, Social and Governance (ESG) Report – EQ Mag Pro
STAMFORD, Conn. : ReneSola Ltd (“ReneSola Power” or the “Company”) (NYSE: SOL), a leading fully integrated solar project developer, today announced the publication of its inaugural Environmental, Social, and Governance (ESG) Report, which details the Company’s ESG strategy, policies, and initiatives, as well as summarizes the Company’s ESG activities and achievements during the recent years. […]
Budget expectations for ESG: Govt needs to provide tax incentives to trigger gun for future corporate spending – EQ Mag Pro
For Corporate India to create budgets for mega ESG investments, attract long-term and stable capital from bulge bracket funds such as Sovereign Wealth and Pension funds, it is preferred to have a separate tax code to govern ESG investing or brings back suitable thought-through provisions in the tax law to facilitate ESG investing. ESG refers […]