Prathamesh Devlekar, Author at EcoActive ESG

Prathamesh Devlekar

176 articles published

Understanding the Key Features of Effective ESG Reporting Tools

BlogsAugust 8, 20243KViews 0Likes 0Comments

The importance of ESG (Environmental, Social, and Governance) reporting has surged in recent years. Companies are increasingly held accountable for their impact on the environment, society, and their own governance practices. Stakeholders, including investors, customers, and regulatory bodies, demand transparency and accountability, making robust ESG reporting indispensable. ESG reporting tools are specialized software and platforms designed…

British Columbia on Flood Alert Along River Blocked by Landslide

NewsAugust 7, 20241KViews 0Likes 0Comments

British Columbia is on alert for flooding along the banks of the Chilcotin River after a landslide created a large natural dam and triggered evacuation orders in the remote region in Canada's Pacific coast province, authorities. B.C.'s Minister of Emergency Management Bowinn Ma in an update said that in the worst case scenario, flows in…

Bolivia Battles Record Wildfires, with Worst Likely Ahead

NewsAugust 7, 20241KViews 0Likes 0Comments

Bolivia is grappling with a record number of fires in the first seven months of the year, satellite data showed, as the flames send villagers fleeing, kill wildlife and char the landscape. Diesel shortages across the country are further complicating firefighting efforts by making it more difficult to reach remote areas and tackle the blazes,…

APEC Businesses Propose New Climate Bonds, Carbon Credit Network

NewsAugust 7, 20241KViews 0Likes 0Comments

Asia-Pacific business executives urged emerging economies in the region to issue climate bonds indexed to a basket of currencies, which would reduce the risk from foreign exchange fluctuation in raising funds for clean energy transition. The group of business executives comprising ABAC, which is APEC's Business Advisory Council, also proposed on Sunday launching a pilot…

Global Accounting Body Wants More Rigour in Showing Climate Impacts

NewsAugust 7, 2024968Views 0Likes 0Comments

A global accounting body on Wednesday proposed guidance on how companies can do more to show the impact of climate change on their financial performance, saying standalone disclosures do not give investors the clarity they need. Norms written by the International Accounting Standards Board (IASB) are applied by listed companies in more than 140 jurisdictions,…

IASB Publishes Proposed Guidance to Help Companies Report on Climate Risk

NewsAugust 7, 2024842Views 0Likes 0Comments

The International Accounting Standards Board (IASB), the accounting standards-setting body of the IFRS Foundation, announced the publication of a consultation document, with a series of new proposed illustrative examples aimed at enabling companies to provide investors with better information about climate-related risks and other uncertainties. The IASB provides illustrative examples as non-mandatory guidance accompanying IFRS…

Google Sources Renewable Energy from Waste Wood to Power Singapore Data Center

NewsAugust 7, 20242KViews 0Likes 0Comments

Google announced a new 10-year agreement with power company PacificLight and renewable energy developer RExus Bioenergy to build a wood-to-waste plant in Singapore, and provide clean energy to Google to power its data center and operations in the region. The deal marks the latest in a series of renewable energy announcements for Google in Asia,…

Tim Mohin: EU Sustainability Rules Begin to Bite

NewsAugust 7, 20241KViews 0Likes 0Comments

In the last month, two new regulations have been formally adopted: the EU’s Eco-design Sustainable Products Regulation (ESPR) and the Corporate Sustainability Due Diligence Directive (CSDDD). The ESPR is a framework regulation that will eventually require the majority of products sold on the EU market (food and medicine are the only exceptions) to make their products…

House Judiciary Probes Climate Action 100+ Members as ESG Investigation Continues

NewsAugust 7, 20241KViews 0Likes 0Comments

The House Judiciary Committee sent letters to more than 130 U.S.-based companies, retirement systems and government pension funds that are members of Climate Action 100+, questioning their involvement in the group, the committee announced Tuesday. In addition to asking for the organizations’ documents on their ESG goals, involvement in the climate coalition and communications with…

GRI and TNFD Launch Mapping Tool for Enhanced Biodiversity Reporting

NewsAugust 7, 20241KViews 0Likes 0Comments

The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have launched a joint interoperability mapping resource to align TNFD Disclosure Recommendations with GRI Standards, streamlining reporting processes for businesses. Developed over two years of collaboration, this resource aids GRI’s 14,000 reporting organizations in aligning with TNFD Recommendations, while also supporting TNFD adopters…

Approval Rates for Environmental, Social Proposals Continue to Crater Despite Record Submissions

NewsAugust 7, 20241KViews 0Likes 0Comments

A record number of environmental and social-related shareholder proposals, 349, went to a vote before U.S. boards in the first half of 2024, according to data unveiled by Diligent Market Intelligence Tuesday. This is up from 319 and 256 for the same time span in 2023 and 2022, respectively. In spite of the record number…

Window to repeal SEC climate disclosure rule closes

NewsAugust 7, 20241KViews 0Likes 0Comments

The window for lawmakers to repeal the Securities and Exchange Commission’s climate-risk disclosure rule via the Congressional Review Act closed on Thursday, which marked 60 Senate session days since the rule was published in the Federal Register, according to an emailed release from Petkanas Strategies. Republican lawmakers introduced CRA challenges to the rule in both…

Prathamesh Devlekar

Understanding the Key Features of Effective ESG Reporting Tools

British Columbia on Flood Alert Along River Blocked by Landslide

Bolivia Battles Record Wildfires, with Worst Likely Ahead

APEC Businesses Propose New Climate Bonds, Carbon Credit Network

Global Accounting Body Wants More Rigour in Showing Climate Impacts

IASB Publishes Proposed Guidance to Help Companies Report on Climate Risk

Google Sources Renewable Energy from Waste Wood to Power Singapore Data Center

Tim Mohin: EU Sustainability Rules Begin to Bite

House Judiciary Probes Climate Action 100+ Members as ESG Investigation Continues

GRI and TNFD Launch Mapping Tool for Enhanced Biodiversity Reporting

Approval Rates for Environmental, Social Proposals Continue to Crater Despite Record Submissions

Window to repeal SEC climate disclosure rule closes

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