Prathamesh Devlekar, Author at EcoActive ESG

Prathamesh Devlekar

176 articles published

Latin America at the Forefront of Global Biodiversity Discussions

NewsSeptember 17, 20241KViews 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, 20241KViews 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, 20242KViews 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…

Leveraging Technology to Meet ESG Reporting Obligations Across Different Regions

BlogsSeptember 16, 20242KViews 0Likes 0Comments

Overview of ESG Reporting Environmental, Social, and Governance (ESG) reporting has become a crucial aspect of the global business landscape. Companies are increasingly expected to disclose their ESG practices and performance due to heightened regulatory demands and stakeholder pressures. ESG reporting helps organizations demonstrate their commitment to sustainable practices, ethical governance, and social responsibility. It also…

CSRD vs. SEC ESG Requirements : Key Differences and Implications for Multinational Corporations

BlogsSeptember 6, 20245KViews 0Likes 0Comments

Definition and Evolution of ESG Reporting ESG Reporting involves the disclosure of a company’s practices in three key areas: Environmental, Social, and Governance. Originating from the broader concept of corporate social responsibility (CSR) in the 1960s and 1970s, ESG reporting gained traction in the 1990s with frameworks like the Global Reporting Initiative (GRI). The 2000s saw…

Comprehensive Guide to ESG Reporting for Businesses in the EU, US, UK, and Canada

BlogsSeptember 3, 20244KViews 0Likes 0Comments

The Growing Importance of ESG Reporting Across the Globe As the global focus on sustainability intensifies, ESG (Environmental, Social, and Governance) reporting has become increasingly crucial for businesses worldwide. This shift is driven by mounting pressure from investors, regulators, and consumers who demand greater transparency and accountability regarding corporate sustainability practices. Effective ESG reporting not only…

Africa Faces Steep Costs as Temperatures Soar, Says WMO

NewsSeptember 3, 20241KViews 0Likes 0Comments

Africa faces an increasingly heavy toll from climate change with many countries having to spend up to 9% of their budgets battling climate extremes, a World Meteorological Organization (WMO) report said on 2nd September. Despite producing far lower greenhouse gas emissions than other continents, Africa's temperatures have risen more rapidly than the global average. African…

FTSE Russell Expands Climate-Aligned Bond Indices to Include High-Yield and Emerging Markets

NewsSeptember 3, 20242KViews 0Likes 0Comments

FTSE Russell has expanded its Fixed Income EU Climate Benchmark index series to include high-yield securities and emerging markets, aligning these with the 2015 Paris Climate Agreement. Launched in June 2024, the phase 2 indices introduce a broader array of bonds to cater to the growing demand for climate-aligned fixed income investments. These new indices,…

India’s Bioeconomy to Triple to $300 Billion by 2030 Under New BioE3 Policy for Sustainable Growth

NewsSeptember 3, 20241KViews 0Likes 0Comments

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 newly introduced Biotechnology for Economy, Employment and Environment (BioE3) policy, which aims to position India as a leader in sustainable development and bio-based industries. India’s…

EIB’s New EUR 5 Billion Climate Bond Surpasses EUR 100 Billion in Green Funding

NewsSeptember 3, 20242KViews 0Likes 0Comments

The European Investment Bank (EIB) has taken another significant step towards sustainability by issuing a new EUR 5 billion Climate Awareness Euro Area Reference Note (EARN). This 10-year bond, due September 4, 2034, pays an annual coupon of 2.625% and was priced at 98.937%. This latest issuance, over seven times oversubscribed, highlights EIB’s pivotal role…

8 Alarming Stats Reveal the Hidden Costs of Global Plastic Pollution

NewsSeptember 3, 20242KViews 0Likes 0Comments

Plastic’s convenience has led to its widespread use, but the environmental costs are staggering. Every year, 400 million tonnes of plastic waste are generated worldwide, with 60% ending up in the environment or landfills. Our reckless plastic use and consumption has driven the world to generate approximately 400 million tonnes of plastic waste each year.…

US Regulator Finds Banks Have Work to do on Climate Risk, Sources Say

NewsSeptember 3, 20241KViews 0Likes 0Comments

A top U.S. banking regulator has found that major lenders are in the early stages of assessing and managing the risks climate change poses to their businesses, and that significant work is needed in some areas, three people familiar with the matter said. The Office of the Comptroller of the Currency conducted a review last…

Prathamesh Devlekar

Latin America at the Forefront of Global Biodiversity Discussions

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

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

Leveraging Technology to Meet ESG Reporting Obligations Across Different Regions

CSRD vs. SEC ESG Requirements : Key Differences and Implications for Multinational Corporations

Comprehensive Guide to ESG Reporting for Businesses in the EU, US, UK, and Canada

Africa Faces Steep Costs as Temperatures Soar, Says WMO

FTSE Russell Expands Climate-Aligned Bond Indices to Include High-Yield and Emerging Markets

India’s Bioeconomy to Triple to $300 Billion by 2030 Under New BioE3 Policy for Sustainable Growth

EIB’s New EUR 5 Billion Climate Bond Surpasses EUR 100 Billion in Green Funding

8 Alarming Stats Reveal the Hidden Costs of Global Plastic Pollution

US Regulator Finds Banks Have Work to do on Climate Risk, Sources Say

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