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CleanTech

Most corporate climate transition plans aren’t credible, study finds


The effects of climate change are intensifying but businesses globally are struggling to make transition plans that they can implement in the real world, according to a report released Wednesday by the London School of Economics and Political Science.

The study of corporate climate performance looks at disclosures from 2,000 publicly traded companies, which together represent three-quarters of publicly listed equities worldwide and $87 trillion of market capitalization. The authors find that only 2% have disclosed plans to shift capital away from…



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by The Economic Times

As sustainability evolves from a boardroom priority to a consumer expectation, packaging has quietly become the next frontier of India’s green transition. With single-use plastic bans tightening and eco-consciousness deepening among urban consumers, demand for bio-based, compostable materials is rising across the food, fast-moving consumer goods (FMCG), and hospitality sectors. According to industry estimates, India’s sustainable packaging market is expected to grow at over 18% annually, driven by new regulations under the Plastic Waste Management… Source link

by The Economic Times

BELÉM, BRAZIL: As the United States torpedoes climate action and Europe struggles to realise its green ambitions, a surprising shift is taking hold in many large, fast-growing economies where a majority of the world’s people live. Countries like Brazil, India, and Vietnam are rapidly expanding solar and wind power. Poorer countries like Ethiopia and Nepal are leapfrogging over gasoline-burning cars to battery-powered ones. Nigeria, a petrostate, plans to build its first solar-panel manufacturing plant. Morocco is creating a battery hub to supply… Source link

by The Economic Times

Promoting sustainable farming is central to our agricultural strategy, says Yashika Singh, Chief Corporate Affairs Officer and Head of Sustainability, PepsiCo India & South Asia. In an interaction with ET Digital, Singh highlights the range of sustainable initiatives undertaken by PepsiCo India to support farmers through technology, training, and improved market access. She notes that, globally, PepsiCo aims to implement regenerative farming practices that improve soil health, optimise water use, and strengthen livelihoods across 10 million acres by… Source link