Tag: Carbon Neutrality
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Allcargo Group Releases ESG Report, Pledges Carbon Neutrality by 2040
The Allcargo Group has unveiled its Environmental, Social, and Governance (ESG) report for 2022-2023, themed “Navigating the Green Horizon,” underscoring the group’s unwavering commitment to achieving carbon neutrality by 2040 through sustainable and renewable practices. The comprehensive report outlines the Allcargo Group’s ESG objectives, covering energy and emissions, occupational health and safety, diversity, equity, and…
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India Accelerates Green Initiatives to Achieve Carbon Neutrality by 2070
Union Minister for Road Transport and Highways, Shri Nitin Gadkari, has announced ambitious green initiatives in the construction sector, aligning with Prime Minister Shri Narendra Modi’s vision to make India carbon neutral by 2070. Speaking at a press conference in New Delhi, Shri Gadkari emphasized the government’s commitment to cleanliness and environmental sustainability. As part…
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Pune Plant of Bridgestone India Earns Carbon Neutrality Verification
In a significant environmental milestone, Bridgestone India’s manufacturing facility in Chakan, Pune district, has achieved carbon neutrality for the year 2022. This achievement was confirmed through an audit conducted by LRQA (Lloyd’s Register Quality Assurance) in the months of May and June 2023, in accordance with the international PAS 2060 standard. Bridgestone’s Pune plant, which…
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Edelweiss Alternatives Launches Climate Fund to Spearhead India’s Carbon Neutrality Drive
Edelweiss Alternatives is taking a pioneering step in the global fight against climate change by introducing its First Climate Fund. This innovative fund is dedicated to supporting India’s ambitious journey towards a carbon-neutral economy, aligning with the nation’s commitment to mitigate the adverse impacts of climate change. In line with the G-20’s collective pledge to…
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ONGC Commits ₹2 Lakh Crore Investment for Net-Zero Transition by 2038
India’s Oil and Natural Gas Corporation (ONGC) has announced ambitious plans to invest Rs 2 lakh crore (approximately $27 billion) in achieving its net-zero transition targets by 2038, as stated by Chairman Arun Kumar Singh during the company’s annual general meeting (AGM). Of the total investment, Rs 1 lakh crore (around $13.5 billion) will be…
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IATA Introduces Annual “Track Zero” Report to Monitor Progress Towards Aviation’s Net Zero Commitment
The International Air Transport Association (IATA) has announced the launch of an annual “Track Zero” report, utilizing IATA’s innovative Net Zero Tracking Methodology. The purpose of this report is to provide transparent and standardized insights into the aviation industry’s progress toward achieving its ambitious goal of net zero carbon emissions by 2050. Developed in collaboration…