SBI, EIB team up for $100 million climate action and sustainability business financing

The importance of the new Neev Fund II to accelerating India’s green recovery from Covid-19 and strengthening sustainable investment was highlighted by EIB President Werner Hoyer in discussions ahead of the formal announcement at the EU-India Leaders Meeting in Portugal.

Ola Electric to take its electric scooter to global markets

Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany in FY22. The company is working on setting up a Hypercharger Network for its electric vehicle and slated to launch its electric scooter in India in July 2021.

Whirlpool pledges net zero emissions target by 2030

Whirlpool Corporation has announced a global commitment to reach a net zero emissions target in its plants and operations by 2030. The commitment will cover more than 30 of Whirlpool Corporation’s manufacturing sites and its large distribution centers around the world, spanning all direct (Scope 1) and power-related (Scope 2) emissions.

Delhi’s IGI Airport first in world to complete 1,000 movements of sustainable taxiing with TaxiBot

Delhi’s Indira Gandhi International (IGI) Airport has become the first airport in the world to have completed 1,000 movements of sustainable taxing of aircraft with TaxiBot, which is a semi-robotic hybrid special purpose vehicle. The service has helped the airport in significantly reducing carbon emission and saving fuel.

LATAM Airlines commits to turn carbon neutral by 2050; zero waste to landfill by 2027

LATAM Airlines Group has committed to achieve carbon neutrality by 2050, zero waste to landfill by 2027 and protecting iconic ecosystems in South America, as part of the LATAM Group Sustainability Strategy.

Climate Change

SBI, EIB team up for $100 million climate action and sustainability business financing

The importance of the new Neev Fund II to accelerating India’s green recovery from Covid-19...

Hyundai Motor releases ‘Earth Day’ video with K-Pop band BTS

A video themed 'For Tomorrow We Won't Wait,' featuring pop icon BTS for Earth Day...

E-Mobility

Ola Electric to take its e-scooter to global markets

Ola Electric to take its electric scooter to global markets

Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany in FY22. The company is working on setting up a Hypercharger Network for its electric vehicle and slated to launch its electric scooter in India in July 2021.

Shell launches its first European EV Mobility Hub in Paris

Shell launches its first European EV mobility hub in Paris

This launch comes after Shell set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services, powered by growth in its customer-facing businesses.

Executive Moves

Blackstone Group adds five new ESG hires as it steps up sustainability initiatives

Private equity firm Blackstone Group Inc has made five additions to its environmental, social and...

John D’Angelo to head newly created ESG office of M&T Bank

Headquartered in Buffalo, New York M&T Bank Corporation has announced the appointment of John D'Angelo...

Policy

Echo Global Logistics shifts focus to ESG, releases report

NASDAQ-listed Echo Global Logistics, a leading provider of technology-enabled transportation management services, has announced the...

CFA Institute introduces first global certificate in ESG investing

Global association of investment professionals, CFA Institute announced that it will market the Certificate in...

Waste Management

Macquarie’s infra arm buys Australian waste management firm Bingo for $1.76 billion

Macquarie’s infra arm buys Australian waste management firm Bingo for $1.76 billion

Bingo shareholders can choose either A$3.45 cash a share, or a mix of cash and equity in the newly acquired business, the company said in a statement.

The programme was launched by TN Chief Minister Edapaddi K. Palaniswami

Ramky Enviro implements IOT-enabled solid waste collection programme for Chennai

The Hyderabad-based company said it will cover four zones in Chennai including Tiruvottriyur (Zone 1), Manali (Zone 2), Madhavaram (Zone 3), and Ambattur (Zone 7).