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Hindustan Coca-Cola Beverage’s Karnataka Plant Makes Strides: Attains Carbon Neutrality Milestone
Hindustan Coca-Cola Beverages Pvt Ltd (HCCB), a leading FMCG company in India, proudly announces the certification of its bottling plant in Bidadi Industrial Area, Ramanagara, Karnataka, as carbon neutral. This landmark achievement, certified under the international standard PAS 2060 by DNV, marks the first Coca-Cola bottling plant in India and the Southwest Asia region to…
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EU Carbon Market in Freefall: Insights from Analyst Henry Lush Illuminate Market Trends and Challenges
European Union (EU) carbon prices have undergone a notable downturn, hitting a new 22-month low at €61.40/t, as reported in Veyt’s carbon market note from Henry Lush, Analyst EU Carbon. This decline brings the market to levels not seen since the Russian invasion of Ukraine approximately two years ago. Lush’s technical analysis signals the potential…
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TCS and Macquarie University Launch TCS GoZero Hub to Drive Net-Zero Solutions in Australia
Tata Consultancy Services (TCS) and Macquarie University have unveiled the TCS GoZero Hub, a collaborative research and innovation center aimed at guiding Australian organizations in achieving net-zero carbon emissions. Launched in alignment with COP28’s central themes, the hub will concentrate on five key areas: energy transition, carbon management, nature-positive future, circular economy and sustainable waste…
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ProClime’s INR 450 Crore Investment Paves the Way for Carbon Neutrality in Tamil Nadu
In a significant development for climate action, ProClime, a leading climate-focused unified service provider operating in Singapore, Sri Lanka, and India, has announced a substantial investment of Rs 450 crore in Tamil Nadu. The Chennai-based company, dedicated to driving the transition to a net-zero future through initiatives such as Carbon Projects, Carbon Trade, and Climate…
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Global Carbon Council Launches Climate Action Center of Excellence to Drive Global Carbon Market Initiatives
The Gulf Organisation for Research & Development (GORD), the driving force behind the Global Carbon Council (GCC), has unveiled the Climate Action Center of Excellence (CACE) to expedite the implementation of Article 6 of the Paris Agreement. Accompanying this launch are various carbon market initiatives designed to bolster global efforts in decarbonization. The CACE is…
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Telangana’s Bhavika Plastek Slashes Annual Carbon Emissions by 430 Tons through Solar Power Transition
In a noteworthy stride towards environmental responsibility, Bhavika Plastek Pvt. Ltd., a prominent player in the plastic manufacturing industry based in Telangana, has successfully reduced its annual carbon emissions by 430 tons through a seamless transition to solar power. The pivotal move, initiated in 2020, involved the installation of a cutting-edge 311 KW solar plant…