Prathamesh Devlekar, Author at EcoActive ESG

Prathamesh Devlekar

165 articles published

Canada Announces $450 Million for The Green Climate Fund, The World’s Largest Dedicated Climate Change Fund

NewsJuly 12, 2023276Views 0Likes 0Comments

July 12, 2023 – Brussels, Belgium On 12th July, ahead of the seventh Ministerial on Climate Action (MoCA7), the Honourable Steven Guilbeault, Minister of Environment and Climate Change, on behalf of the Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, announced a $450 million contribution…

Investors, Banks Push Back on EU Plan to Ease Sustainability Reporting Rules

NewsJuly 10, 2023285Views 0Likes 0Comments

July 10, 2023 A coalition of investment and sustainable investing groups – including Eurosif, PRI, IIGCC, EFAMA, UNEP FI – alongside more than 90 asset managers announced the publication of a joint statement calling on the European Commission to reconsider its recent proposed changes to the European Sustainability Reporting Standards (ESRS), which would ease several aspects…

Singapore Proposes Mandatory Climate Reporting for both Public and Private Companies

NewsJuly 10, 2023316Views 0Likes 0Comments

July 10, 2023 Public and large private companies in Singapore will be required to provide climate-related disclosures aligned with the IFRS’ newly published ISSB disclosure standards, according to a proposal by Singapore’s business reporting, accounting and corporate services and markets regulators Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo). The plan for mandatory…

Tap Water Study Detects PFAS ‘Forever Chemicals’ Across The US

NewsJuly 5, 2023288Views 0Likes 0Comments

July 5, 2023 This USGS research marks the first time anyone has tested for and compared PFAS in tap water from both private and government-regulated public water supplies on a broad scale throughout the country. Those data were used to model and estimate PFAS contamination nationwide. This USGS study can help members of the public to…

Netherlands, Denmark Launch $1 Billion South Africa Green Hydrogen Fund

NewsJune 20, 2023437Views 0Likes 0Comments

June 20, 2023 SA-H2 is an innovative blended finance fund, that will facilitate and accelerate the development of a green hydrogen sector and circular economy in South Africa The fund will give private sector developers access to risk capital from an early stage of development, throughout construction and into operations “Succeeding in a…

EIB Issues First Ever Digital Climate Awareness Bond and Swedish Krona Transaction

NewsJune 20, 2023428Views 0Likes 0Comments

June 20, 2023 EIB continues to lead innovation in capital markets with a digital native green bond issuance denominated in Swedish krona. The SEK 1 billion digital green bond has a maturity of 2 years and bears a 3.638% fixed rate coupon, with Crédit Agricole CIB and SEB as joint lead managers. The…

Audit Committee Chairs Show Keen Interest and Understanding of ESG Activities

NewsJune 19, 2023351Views 0Likes 0Comments

June 19, 2023 The Financial Reporting Council (FRC) has today published a research report about Audit Committee Chairs’ views on, and approach to Environmental, Social and Corporate Governance (ESG) activities and reporting. The report, commissioned by the FRC and conducted by independent research agency YouGov, involved qualitative interviews with 40 ACCs of Public Interest Entities (PIEs), representing…

Canada Presents Sustainable Jobs Bill for Green Transition

NewsJune 15, 2023365Views 0Likes 0Comments

June 15, 2023 The Royal Bank of Canada estimates that building a net-zero economy could create up to 400,000 new jobs in Canada by the end of this decade alone. As of last fall, Canadian employers were trying to fill more than one million job vacancies. A significant number of those vacancies (243,400) were in the professional,…

Ez-XBRL Launches Innovative Platform Integix ESG, Revolutionizing ESG Reporting

Press ReleaseJune 13, 2023509Views 0Likes 0Comments

WASHINGTON DC, UNITED STATES, June 13,2023 Ez-XBRL Solutions, a global leader in Financial Regulatory Compliance and Financial Analytics, is excited to announce the launch of its ground-breaking ESG platform. With the collaboration of industry experts, rating agencies, governing bodies, and regulators, and powered by advanced technologies like Artificial Intelligence (AI) and Natural Language Processing (NLP), Integix ESG…

EU Commission Proposes New Measures to Strengthen Sustainable Finance Framework

NewsJune 13, 2023403Views 0Likes 0Comments

June 13, 2023 In a move to bolster the EU sustainable finance framework, the European Commission has unveiled a comprehensive package of measures. The proposed package aims to capitalize on the opportunities presented by the transition to a climate-neutral and sustainable economy by 2050 while addressing the challenges faced by companies and investors in complying with…

EU Commission Eases Sustainability Reporting Rules

NewsJune 12, 2023336Views 0Likes 0Comments

June 12, 2023 The European Commission on Friday released a series of proposed changes to the European Sustainability Reporting Standards (ESRS), the rules and requirements for companies to report on sustainability-related impacts, opportunities and risks under the EU’s upcoming Corporate Sustainable Reporting Directive (CSRD). The Commission’s proposals were released as a draft Delegated Act, along…

Plastic Pollution and its Connection to ESG Reporting

BlogsJune 12, 2023779Views 0Likes 0Comments

Plastic pollution is a global problem that is rapidly gaining attention from investors, regulators, and stakeholders alike. The use and disposal of plastics have resulted in significant environmental damage, posing a threat to ecosystems, wildlife, and human health. The management of plastic waste has become a major challenge for businesses and governments alike, creating significant…