Prathamesh Devlekar, Author at EcoActive ESG

Prathamesh Devlekar

173 articles published

California Accuses ExxonMobil of Lying About Plastics Being Recyclable

NewsSeptember 25, 2024176Views 0Likes 0Comments

The state of California sued ExxonMobil on Monday, accusing the oil giant of misleading the public about the effectiveness of plastics recycling and contributing to the flood of bottles, bags and wrappers polluting waterways in the state and worldwide. In the first lawsuit of its kind, California Attorney General Rob Bonta (D) alleged that ExxonMobil…

EPA Unveils Additional Safer Choice Label for Safer, More Sustainable Cleaning for Outdoor Use

NewsSeptember 25, 2024128Views 0Likes 0Comments

On Sept. 18, as part of the U.S. Environmental Protection Agency’s efforts to prevent pollution and empower people to find products with ingredients that are safer for public health and the environment, the agency launched an Outdoor Use Safer Choice label. This new label expands on EPA’s existing Safer Choice label and would identify outdoor…

Coffee Growers Look to Postpone EU Deforestation Requirement

NewsSeptember 25, 2024141Views 0Likes 0Comments

The world's top coffee body is set to request that the European Union postpone a requirement that imported beans come from areas not linked with deforestation, the group's head said on Wednesday 18 September. The rule, set to take effect at the end of the year, would ban sales of coffee - as well as…

US CFTC Issues First Guidelines for Carbon Credit Markets

NewsSeptember 25, 2024173Views 0Likes 0Comments

The U.S. Commodity Futures Trading Commission (CFTC) approved on Friday the first guidelines for trading voluntary carbon credit derivative contracts in the country, a move expected to help bolster the nascent market. Carbon credit derivative contracts are financial instruments that derive their value from carbon credits, which represent the right to emit one metric ton…

Force for Good: UN’s Sustainable Development Goals at risk of being missed – 9 urgent actions needed to unlock progress as cost of SDG gap rises by 10% to US$112-136 trillion

NewsSeptember 25, 2024218Views 0Likes 0Comments

A new report from Force for Good – “Capital as a Force for Good: Shifting the Global Order Through the Mass Mobilization of Solutions” – finds urgent action is needed now to unlock progress and achieve the SDGs. It identifies ‘Nine Big Ideas’ that, if scaled globally, have the potential to unlock SDG progress from…

Rooted in Justice: EPA and Richmond Teams Partner for Greener Southside

NewsSeptember 25, 2024144Views 0Likes 0Comments

The U.S. Environmental Protection Agency (EPA) Mid-Atlantic Regional Administrator Adam Ortiz met with residents, community leaders and local nonprofit Groundwork RVA to discuss environmental justice challenges during a visit to Richmond, Virginia on September 18. During his visit, Ortiz toured Groundwork RVA’s Hillside Farm, which focuses on sustainable land use and addressing food deserts by…

FERC Issues Notice Regarding Consultation with Federally Recognized Tribes

NewsSeptember 25, 2024206Views 0Likes 0Comments

FERC Issues Notice Regarding Consultation with Federally Recognized Tribes on Whether to Conduct a Rulemaking to Revise the pro forma Large Generator Interconnection Procedures. Find out more here.

How Stakeholder Engagement Shapes ESG Reporting Across Regions

BlogsSeptember 24, 2024274Views 0Likes 0Comments

ESG reporting has become essential for businesses worldwide, driven by growing demand from investors, regulators, and consumers. At the core of effective ESG reporting is stakeholder engagement, ensuring companies deliver meaningful, impactful disclosures. ESG is now central to business strategy, influencing investment decisions and corporate accountability. Governments are tightening regulations, with initiatives like the EU’s Corporate…

Australia to Mandate Climate Reporting Starting 1 January 2025

NewsSeptember 17, 2024146Views 0Likes 0Comments

Australia’s mandatory climate reporting starts January 1, 2025, following the passage of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill. Royal Assent is expected soon, meaning entities will need to prepare for this new requirement. Under the new law, companies must conduct scenario analyses, evaluating both a low (1.5-degree) and high (2.5+…

Latin America at the Forefront of Global Biodiversity Discussions

NewsSeptember 17, 2024158Views 0Likes 0Comments

The UN Conference of the Parties on Biodiversity (COP16) in Cali, Colombia, is poised to be a landmark event, bringing together a wide array of stakeholders to foster a collective approach to preserving and restoring the natural world. As the host country, Colombia will play a crucial role in setting the agenda for biodiversity discussions,…

EPA Releases Proposed Updates to Recommendations to Help Buyers Find Sustainable Products

NewsSeptember 17, 2024197Views 0Likes 0Comments

The U.S. Environmental Protection Agency(EPA) released a proposed update to the agency’s Recommendations of Specifications, Standards and Ecolabels for Federal Purchasing (Recommendations), which help federal government purchasers and other buyers utilize private sector standards and ecolabels to buy products that are more sustainable and climate-friendly and contain safer chemical ingredients. This is the first time…

FCA Delays Implementation of SDR Sustainable Fund Labeling Rules to April 2025

NewsSeptember 17, 2024125Views 0Likes 0Comments

The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, announced that it was pushing out requirements for asset managers to comply with some of the new “naming and marketing rules” for sustainability-related investment products to April 2025, to give more time for firms to meet the…