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BMW Group makes sustainability and efficient resource management central to its strategic direction

By : Sustainability ..., Jul 28, 2020

The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. Chairman of the Board of Management Oliver Zipse announced initial details of this...

State Bank of India raises $100 million in green bonds

By : Sustainability ..., Mar 30, 2020

India’s largest lender State Bank of India (SBI) on Saturday said it has raised $100 million in green bonds through private placement. “Continuing its commitment towards sustainable development, the bank raised $100 million floating rate notes at a coupon rate of 80 basis...

Subject Tags: Corporate Sustainability , Green Bonds , SBI

Corporate clean energy PPAs surge globally, but India sees a drop

By : Sustainability ..., Jan 31, 2020

With businesses more eager than ever to make bold clean energy promises, the global market for corporate renewable energy power purchase agreements continues to surge. Last year, corporations contracted an unprecedented volume of renewable energy projects, up more than 40%...

India becomes 2nd largest market on corporate renewable power

By : Sustainability ..., Jan 7, 2020

With Indian corporates increasingly adopting renewable power to run their offices and plants, the country has become the second largest growth market for corporate renewable power purchase agreements (PPAs) after the US. For the first half of 2019, India had a global share of...

DLF gets Leed platinum green certification from USGBC for 'Mall of India'

By : Sustainability ..., Oct 24, 2019

Realty major DLF on Wednesday said its shopping mall in Noida, Uttar Pradesh has received Leed Platinum certification from United States Green Building Council (USGBC). DLF's shopping mall at Noida named 'Mall of India' is already operational. This 2 million sq ft retail...

Subject Tags: Corporate Sustainability , DLF , LEED

Pepsi to take green mainstream with sustainable bond sale: Details here

By : Sustainability ..., Oct 9, 2019

PepsiCo Inc. has joined the charge to make green bonds more mainstream as the soda giant has wrapped its debut sale of the debt. The company offered $1 billion of senior unsecured green securities, according to a person with knowledge of the matter. The 30-year bonds will...

Dabur Joins EDMC’s ‘Swachhta Hi Sewa Plogging Drive’

By : Sustainability ..., Oct 3, 2019

Moving forward on its commitment towards a Greener and Cleaner Planet for future generations and to support the Hon’ble Prime Minister Mr. Narendra Modi’s call for “Swachhta Hi Sewa” on the occasion of 150th Birthday of Mahatma Gandhi, India’s largest Science-based Ayurveda...

Tupperware India to end single-use plastic from packaging

By : Sustainability ..., Oct 1, 2019

Kitchenware and culinary brand Tupperware India has announced to stop the usage of single-use plastic for product packaging from October 1, and instead use recyclable paper based compostable packaging material. In a statement, the company has said that the transition would...

Amazon vows to be carbon neutral by 2040

By : Sustainability ..., Sep 20, 2019

Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the company to being carbon neutral by 2040 and said part of that pledge is an order for 1,00,000 electric delivery vans from a start-up the online retailer has invested in. Cutting emissions is a...

Apple first to use recycled rare earths in smartphones

By : Sustainability ..., Sep 19, 2019

In a first, Apple has now started using recycled rare earth metals for making its latest iPhones. It is using 100 per cent recycled rare earths in a key component (Taptic Engine) in the new iPhones, a first for a smartphone. The Taptic Engine represents about 25 per cent of...