Category: ESG India
India Prepares First Blue Bond For Maritime Finance India is preparing to test investor appetite for its first blue bond, as state-owned Sagarmala Finance Corporation moves to raise long-term capital...
ESG News Editorial TeamThe ESG News Editorial Team is comprised of veteran financial journalists and sustainability analysts dedicated to providing real-time, objective reporting on global ESG regulations, climate finance, and...
India is preparing to reshape one of its most carbon-intensive industries as it balances rapid industrial expansion with mounting global climate pressure. Under a draft National Steel Policy 2025 reviewed...
• India launches a national carbon market portal to operationalize its Carbon Credit Trading Scheme across sectors• Nearly 490 entities across seven energy intensive industries now face compliance targets under...
Private capital moves to accelerate India’s urban transport transition KKR is committing up to $310 million to build one of India’s largest electric bus platforms, backing Allfleet and PMI Electro...
India is weighing whether to soften proposed penalties on wind and solar power producers that fail to meet tighter grid-supply commitments, following warnings from developers that the new rules could...
EU-Backed Climate Fund Deploys Capital Into India’s Biogas Infrastructure Climate Fund Managers has committed $32.2 million to finance the construction of a commercial-scale waste-to-biogas facility in northern India, targeting one...
At the India AI Summit, Google announced a collaboration with the Office of the Principal Scientific Advisor (PSA) to the Government of India, positioning climate technology at the center of...
The Securities and Exchange Board of India (SEBI) has constituted a working group to review the regulatory framework governing ESG Rating Providers (ERPs), responding to feedback from market participants and...
The Global Energy Alliance for People and Planet (GEAPP) plans to raise approximately $100 million by 2028 to finance the digitisation of India’s electricity grids, Chief Executive Woochong Um said...
British International Investment (BII), the UK’s development finance institution and impact investor, has surpassed its $1 billion climate finance commitment for India under its 2022–2026 strategy, confirming $1.1 billion deployed...
New Delhi Signals Policy Support Amid Carbon Trade Friction New Delhi is preparing to intervene to support steelmakers facing rising pressure from Europe’s carbon border policy, after senior officials warned...
India Moves To Scale Domestic SAF Production Honeywell and TruAlt Bioenergy Limited have signed an agreement to deploy Honeywell UOP’s Ethanol-to-Jet technology for a new sustainable aviation fuel facility targeting...
A Corporate Clean Power Bet in Rajasthan ReNew Energy Global Plc and Google have signed a long-term agreement to enable the development of a new 150 megawatt solar project in...
• Altitude has committed to procuring more than 360,000 tonnes of CO₂ Removal Certificates from biochar facilities in India and the Philippines, with first deliveries from 2026.• The credits will...
• Serentica plans to raise $6–8 billion over five years to expand its clean energy portfolio to 17 GW by 2029/30.• India’s pipeline includes 3–5 GW of operating and under-construction...
• DHL to deploy around EUR 1 billion ($1.16 billion) by 2030 to scale low-emission logistics infrastructure and EV-driven operations in India.• Investment accelerates India’s role as a global sustainability...
• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...
• Sembcorp to acquire ReNew Sun Bright for S$246 million ($190 million), adding 300 MW of solar capacity in Rajasthan.• Acquisition raises Sembcorp’s total renewable capacity in India to 6.9...
Thiruvananthapuram Pushes ESG Into State Policy The Kerala Cabinet has approved a state-wide environmental, social, and governance (ESG) policy, making it the first Indian state to formally embed ESG principles...
L&T expands sustainable financing portfolio Indian multinational Larsen & Toubro (L&T) has secured a $700 million Sustainability-Linked Trade Facility (SLTF) with Standard Chartered, advancing its access to capital tied to...
The Reserve Bank of India (RBI) has been advised to strengthen its climate risk framework by balancing global best practices with domestic realities, according to a new report by the...
India’s Expanding Role in Soil Carbon Markets Boomitra has secured Verra registration for its Carbon Farming South of the Vindhyas (SOVIN) initiative, marking the company’s fifth registered project worldwide and...
Industry Research by: EsgCiti Research Team led by Ms. Madhu Jha, Director & COO, EsgCiti Green Pvt. Ltd. India is progressing on a digital trajectory, and at the core of...
Macquarie Asset Management (MAM) has secured $405 million for Vertelo, its India-based fleet electrification platform, marking its largest EV investment in Asia to date. The raise combines $205 million from...
Gentari and Amazon Web Services (AWS) have signed a Power Purchase Agreement (PPA) for an 80MW wind power project in Tamil Nadu, India, marking a significant milestone in their clean...
India – ESG News: In a powerful convergence of style and ethics, over 50 of India’s top fashion designers have pledged to go feather-free, aligning their brands with a kinder, more...
Indian renewable energy company SAEL Industries Ltd announced plans to invest ₹82 billion ($954 million) in constructing a 5-gigawatt-per-year integrated solar cell and module manufacturing facility in Greater Noida, Uttar...
Hindustan Petroleum Corp Ltd (HPCL) will invest ₹20 billion ($231 million) over the next two to three years to construct 24 compressed biogas (CBG) plants through its subsidiary, HPCL Renewable...
The Securities and Exchange Board of India (SEBI) has issued a landmark framework for the issuance and listing of ESG debt securities, specifically targeting social bonds, sustainability bonds, and sustainability-linked...
ReNew Energy Global will invest INR 22,000 crore ($2.5 billion) to develop one of India’s largest hybrid renewable energy (RE) projects in Andhra Pradesh’s Anantapur district. The facility will generate...
Coal India Ltd. announced a bold pivot towards clean energy with plans to install approximately 4.5 gigawatts of renewable power—primarily solar and wind—at an estimated cost of ₹250 billion (around...
India’s Ministry of Finance has released a draft framework for its Climate Finance Taxonomy, inviting expert and public comments by June 25, 2025, as it seeks to mobilize significant capital...
ReNew Energy Global Plc has landed a $100 million investment from British International Investment (BII) to expand its solar manufacturing footprint in India, marking the UK development finance institution’s first...
India’s market regulator, the Securities and Exchange Board of India (SEBI), has introduced definitive guidelines for when and how ESG (Environmental, Social, and Governance) ratings can be withdrawn by registered...
GreenLine Mobility Solutions, a logistics firm backed by the Essar Group, is accelerating its green transportation goals with a $1 billion investment—including $275 million in equity from its promoters and...
India’s Tata Power Renewable Energy Ltd (TPREL) is exploring a significant renewable energy investment, aiming to develop 7 gigawatts (GW) of green energy capacity in Andhra Pradesh, potentially investing approximately...
Microsoft has signed a landmark deal to purchase 1.5 million tonnes of verified carbon removal credits from the Panna afforestation project in India, marking its largest carbon removal initiative in...
What’s happening: Indian oil giant ONGC’s renewable unit, ONGC Green, has acquired clean energy firm PTC Energy for 9.25 billion rupees ($106M). The deal adds 288 MW of operational wind...
India’s Green Power Surge: Indian state-owned power giant NTPC is making a bold move into renewable energy, committing over 2 trillion rupees ($23.07 billion) to projects in Madhya Pradesh. The...
ONGPL, a 50:50 joint venture between ONGC Green Limited (OGL) and NTPC Green Energy Limited (NGEL), has signed a Share Purchase Agreement (SPA) to acquire a 100% stake in Ayana...
Blueleaf Energy and Jakson Green are joining forces to develop a 1-gigawatt (GW) solar portfolio in Rajasthan, India. The $400 million investment aims to accelerate India’s clean energy transition. The...
India is taking a bold step to boost local manufacturing in its clean energy sector. Starting June 2026, all solar photovoltaic (PV) modules used in clean energy projects must be...
COP29, held in Baku, Azerbaijan, concluded after intense negotiations. While the summit delivered key agreements, divisions and frustrations underscored the challenges of addressing the global climate crisis. Here’s a comprehensive...
Indian billionaire Gautam Adani’s conglomerate, Adani Green Energy Ltd., is preparing to revive a $600 million bond deal after postponing a similar issuance in October. This move comes as Adani...
In this interview, India Foundation’s Managing Director Shaurya Doval joined ESG News CEO Matt Bird to discuss economic insights into India’s energy transition. From the interview, “India is making a...
Key Impact Points: The International Finance Corporation (IFC), a member of the World Bank Group, has teamed up with Axis Bank, one of India’s largest private sector banks, to launch...
Adani Group and Google have unveiled a strategic collaboration to boost clean energy consumption and drive sustainability in India. The partnership will see Adani harnessing power from a new solar-wind...
Key Impact Points: Tata Power, India’s leading integrated power company, announced a transformative investment of approximately ₹1.2 trillion ($14.32 billion) over the next decade in Rajasthan. This initiative, unveiled during...
India has rolled out a Carbon Accounting and Reporting Framework for domestic and international airports, aiming for carbon neutrality and net zero emissions in civil aviation. Carbon Neutrality Prioritised The...
Hero Future Energies, a unit of the Hero Group, is set to invest $20 billion over the next six years to expand its renewable energy capacity nearly 16-fold, according to...
Tata Power has unveiled an ambitious plan to invest approximately 700-750 billion rupees ($8.95 billion) over the next five to six years to ramp up its renewable energy capacity. According...
India’s push toward clean energy just received a major boost, with $386 billion in funding commitments to help reach its target of 500 gigawatts (GW) of renewable energy by 2030....
India has unveiled its largest wind energy project, which will power 3 million households. The 1,166-megawatt (MW) initiative is a collaboration between government-owned NTPC Green Energy Limited (NGEL) and Suzlon...
Mercedes-Benz Research and Development India (MBRDI) has broadened its Sustainability Garage initiative, an effort aimed at promoting sustainable mobility and environmental innovation. This expansion includes the establishment of two new...
India is on a path to significantly expand its bioeconomy, with projections indicating growth from $130 billion in 2024 to $300 billion by 2030. This expansion is driven by the...
India is making a bold move toward environmental sustainability with the “Indian Zero Emission Trucking Policy Advisory,” aiming to transition entirely to zero-emission trucks (ZETs) by 2050. The government’s Office...
India’s Securities and Exchange Board (SEBI) is set to broaden the sustainable finance landscape in its securities market, aiming to incorporate new ESG-labeled instruments. The proposed framework, which includes the...
The Asian Infrastructure Investment Bank (AIIB) has committed up to INR7.3 billion (approximately USD88 million) to the ENGIE Solar Power Project, a pivotal initiative in India’s renewable energy expansion. This...
Diwali, the festival of lights, symbolizes the triumph of good over evil, knowledge over ignorance, and light over darkness. Adani Electricity‘s unwavering commitment to sustainability and environmental stewardship beautifully aligns...
Pioneering a Three-Year Project to Enhance Rural Livelihoods and Introduce Climate-Resilient Agriculture in the Drought-Prone Regions of Marathwada A landmark partnership has been forged between Standard Chartered Bank and Watershed...
National Investment and Infrastructure Fund Limited (“NIIFL”), India’s collaborative investment platform for international and Indian investors, anchored by the Government of India, announced the establishment of its first bilateral fund, the...
Within a year of deploying the first set of electric vehicles (EVs)in India, Maersk is all set to strengthen its EV fleet to over 500 vehicles in 26 cities covering...
The World Economic Forum announced during the G20 Energy Ministers’ meeting the launch of India’s first zero-emission road freight cluster initiative in an effort to reduce the country’s greenhouse gas...
U.S. Secretary of Energy Jennifer M. Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri held the third ministerial meeting of the U.S.-India Strategic Clean Energy Partnership,...
Apple joined Acumen in a new effort to support social enterprises in India to improve livelihoods through clean energy innovation. Through the Energy for Livelihoods Accelerator, Acumen experts will lead a...
The World Bank’s Board of Executive Directors approved $1.5 billion in financing to accelerate India’s development of low-carbon energy. The financing will help India promote low-carbon energy by scaling up...
India’s climate-focused venture capital firm Avaana Capital said on Wednesday it raised $70 million in its first funding round as it looks to invest in the clean energy and climate-technology...
Uber is taking some big strides in its sustainability march and is sharing its efforts towards accelerating the transition to electric vehicles in India. Uber is bringing Uber Green to...
South Korea’s Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next 10 years to beef up...
The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2022-23. The theme of the Report is “Towards a Greener Cleaner India”. The Report...
India will issue tenders for the installation of 250 gigawatts (GW) of green energy capacity by March 2028, according to a government memo released on Monday, as it looks to...
Malaysia’s Petronas has bid 38 billion rupees ($460 million) for a 20% stake in the green energy arm of India’s largest power producer, NTPC, in the first deal of its...
Essar Group, invested in Energy, Metals and Mining, Infrastructure and Technology sectors, announces the formation of Essar Energy Transition to drive the creation of the UK’s leading energy transition hub...
The governments of India, the United Kingdom and the United States joined with business, the World Business Council for Sustainable Development (WBCSD) and multilateral funding organization to launch the first...
India will exclude renewable power companies from government contracts for between three and five years if they do not meet project completion deadlines, a government order seen by Reuters shows,...
First-of-its-kind purchase helps scale new, high-impact projects in Brazil, India, sub-Saharan Africa, and Southeast Asia that advance a just and inclusive energy transition Eight-year contract enables Salesforce to maintain its...
Meeting in Mumbai, European Investment Bank (EIB) Vice-President Kris Peeters and founder of global sustainability private equity firm GEF Capital Partners Raj Paj formally announced a $40 million commitment to the...
Today in Mumbai Kris Peeters, Vice-President of the European Investment Bank (EIB), the bank of the European Union, formally agreed to join the India Hydrogen Alliance (IH2A) and increase support...
The Reserve Bank of India will soon issue guidelines for regulated entities to boost green finance and mitigate climate-related financial risks, the central bank governor said on Wednesday. “It has...
The Indian government expects to issue its first green bonds at a ‘greenium,’ with yields below prevailing market rates, and has identified 400 billion rupees ($4.92 billion) in projects that...
India’s market regulator will adopt a principles-based, rather than prescriptive, approach in its first set of rules, expected over the next few months, for rating a company on ESG issues,...
India has set green hydrogen consumption targets for some industries, so as to generate demand for cleaner fuel in its quest to reach net zero by 2070, the government said...
As announced in the Union Budget 2022-23, Government of India, as part of its overall market borrowings, will be issuing Sovereign Green Bonds (SGrBs), for mobilizing resources for green infrastructure....
India has approved an incentive plan of 174.9 billion rupees ($2.11 billion) to promote green hydrogen in a bid to cut emissions and become a major exporter in the field,...
India is planning a $2 billion incentive program for the green hydrogen industry, three sources told Reuters, in a bid to cut emissions and become a major export player in...
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced its collaboration with UNLEASH, a non-profit organization with a mission to get the youth to...
World’s leading cloud provider announces new replenishment projects in India, the United Kingdom, and the United States to bring much needed clean water to communities around the world AWS re:Invent,...
India laid out on Monday the steps it will take to achieve net zero by 2070, releasing its Long-Term Low Emissions and Development Strategies (LT-LEDS) at the COP27 summit in...
The Indian government’s first ever green bonds will focus on funding solar power projects, followed by wind and small hydro projects, as Asia’s third largest economy attempts to tap the...
The Bloomberg Philanthropies and Goldman Sachs-backed Climate Innovation and Development Fund has completed its first set of blended-finance investments focused on innovation across the sustainable transport sector in each of...
Ashland Inc. (NYSE: ASH) has been recognized with the Commitment to Life Award in the Human Rights category by Natura&Co for Ashland’s Responsible Solvers™ sustainable guar farming and education program using...
Company building new level of specialty field services, to benefit farmers and advance sustainable agriculture ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced the launch...
LyondellBasell and Shakti Plastic Industries, India’s largest plastic scrap recycler and waste collection company, have signed a Memorandum of Understanding (MoU) to form a joint venture to build and operate a fully-automated, mechanical recycling plant...
Toyota India released the following statement: We, at Toyota, are fully committed towards sustainability and protecting the environment in line with our principle of ‘Respect for the Planet’. Towards this,...
A panel of the International Financial Services Centres Authority has recommended the development of a voluntary carbon market and the creation of a global climate alliance among other measures to grow the...
US$3.3 Million for Improved Rice Cultivation Practices Reducing Methane Emissions, and Water and Energy Consumption Carbon Streaming Corporation is pleased to announce that it has entered into a carbon credit...
STL, one of the industry’s leading integrators of digital networks, has announced Zero Waste to Landfill (ZWL) for all its optical fibre and cable facilities across India and Italy. Earlier In 2020, STL...
Norms may eventually apply to unlisted companies, KPMG says Regulator also plans to collect historical data on emissions India’s new environmental rules will help eliminate green washing by requiring companies...
India’s GAIL (India) Ltd has set a 2040 target to achieve net zero carbon emissions from its operations, Chairman Manoj Jain told the gas distributor’s annual shareholders’ meeting on Friday. India,...
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