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China ESG Funds Sidestep Stock Market Sell-Off on Fresh Inflows

ESG funds in China are outperforming the broader market amid an equity rout, as fresh inflows into sustainable assets across Asia boost returns, according to Bloomberg Intelligence. Exchange-traded funds that invest in renewable energy, electric vehicles and other green assets have posted gains as high as 35% this year, even as China’s benchmark index declines […]

OMERS to Buy 19.36% in Azure Power Global

ESG Push | Banks Increase Funding For Green Energy, Records Low Demand For Thermal Power Projects

While banks like SBI have raised their exposure to renewable projects, they are clear that they cannot entirely stop funding coal-based or water-guzzling industries in an emerging economy. Major Indian banks are increasing their focus on financing green projects at a time when there is a global push in favour of companies that adhere to […]

‘UK Could Hit 40C Soon Due to Climate Change’

Power Arm of Thailand’s PTT to Invest $635M in Asian Renewables

Global Power Synergy, the power arm of Thailand’s state-owned oil and gas group PTT, will invest THB20 billion ($635 million) in renewable energy across Asia including China and India. The company will borrow the fund from PTT for investment focusing on solar and wind projects. The company is reported to be aiming to have 30% […]

China Raises Export Tariffs For Some Steel Products Again in Green Push

Germany: EIB Supports ALTANA’s Green Research Projects

Specialty chemicals company receives credit line of €200 million to develop climate-friendly, digital and sustainable products. ALTANA meets the EIB’s stringent lending criteria. Credit line opens up additional research areas, for example in resource-efficient digital printing. Specialty chemicals company ALTANA has received a credit line from the European Investment Bank (EIB). The company, headquartered in […]

Study Finds Simple Way to Desalinate Water Using Solar Energy

IT, Financial Services Players Most ESG Compliant: Crisil Report

Companies in oil and gas, chemicals, metals and mining, and cement companies have lower ESG scores, reflecting high natural-resource intensity, and thereby higher emission levels. MUMBAI : Information technology and financial services players are the most environmental, Social, and governance (ESG) compliant companies in the country, and second-largest software exporter Infosys scoring the highest on […]

Panasonic Life Solutions India launches Solar String Inverters For Residential Households to Enable a Sustainable Lifestyle

HDFC Bank to Give Loans for EVs, Solar Rooftops as Part of Strategy For Carbon Neutrality

The bank plans to turn carbon-neutral over the next 10 years. In terms of operations, the bank plans to decrease absolute emissions and energy consumed in from the current level of 315,583 million tonne CO2 emissions, increase rooftop solar capacity in large offices and convert 50 percent of its total sourced electricity to renewable energy. […]

Panasonic Life Solutions India launches Solar String Inverters For Residential Households to Enable a Sustainable Lifestyle

Arçelik Issues Turkey’s First-Ever Corporate Green Bond in the International Markets

Green Bond Set to Transform Arçelik’s Eligible Green Projects and Boost Its ESG Credentials ISTANBUL : Arçelik A.Ş. (IST: ARCLK) (“Arçelik”), the global leading consumer durables and electronics manufacturer, announced the issuance of its Green Bond, the first of its kind in the international markets from a Turkish industrial Company. Arçelik mandated J.P. Morgan Securities […]

Sterling And Wilson Solar Aims to Expand Renewable Energy Products Portfolio

Air Liquide Partners With Rothschild & Co and The Solar Impulse Foundation to Accelerate The Development of Cleantech Solutions

Air Liquide partners with Rothschild & Co and the Solar Impulse Foundation (“SIF”) to launch a 200 million euro growth, buyout & late stage venture investment fund. This vehicle’s strategy will be to scale up companies that develop environment-friendly solutions. Early this year, the Solar Impulse Foundation announced that it had identified more than 1,000 […]

Study Finds Simple Way to Desalinate Water Using Solar Energy

Vena Energy Signs a JPY 53BN Sustaninability – Linked Revolving Credit Facility

Vena Energy, Asia-Pacific’s leading renewable independent power producer (IPP), announced today that it has signed its first sustainability-linked Revolving Credit Facility (RCF) of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. ING Bank and BNP Paribas acted as joint […]

China Raises Export Tariffs For Some Steel Products Again in Green Push

Ark’s Wood Says Bitcoin ESG Push Makes Solar More Appealing

The value of bitcoin, the world’s largest cryptocurrency, has dropped approximately 30% this month due in part to concerns that its negative environmental impacts will discourage companies from adopting it. New York: A push toward relying more on renewable energy for bitcoin mining could make the underperforming solar industry more attractive, star fund manager Cathie […]

IFC Makes Equity Investment in Federal Bank to Promote Green Recovery