Honoring Excellence in CSR and ESG Leadership, KMA Invites Entries for KMA CSR Awards 2024
The last date for submission is February 25, 2024. ESG TIMES proudly announces its association with the esteemed KMA Sustainability Summit as the Online Media Partner.
USD 2 Trillion Per Annum is Needed to Triple Global Renewables by 2030
Asia as the only region on track to achieve this goal, driven mainly by initiatives in China and India, says the report.
HDFC Bank Successfully Raised $300 Million Via Sustainable Bonds
The three-year sustainable bond, boasting a competitive spread of 95 basis points over the US Treasury, represents the tightest credit spread achieved by an Indian issuer for a similar-sized offering.
Sri Lanka Eyes Progress on Adani Wind Projects, Hopes for LNG Deal Soon
The cash-strapped nation, seeking to ramp up green energy to reduce reliance on expensive imports, is currently evaluating the projects due to disputes over pricing and efficiency.
Hindalco Secures 26% stake in Ayana Renewable Power
Hindalco secures 26% stake in Ayana Renewable to power Odisha smelter with 100 MW clean energy, advancing its net-zero journey by 2050.
India Revs Up Green Hydrogen Integration for 24/7 Power Security
India is accelerating its green hydrogen integration strategy with CfD models to ensure 24/7 clean energy access, aligning with PM Modi’s vision for global leadership in hydrogen production and export.
NHAI Plans to Issue Green Bonds for the First Time
The company has initiated the process of appointing advisors and arrangers and has called for proposals to undertake this task
ADB Raises INR 1.25 Billion in Green Masala Bonds
The bond, the largest by ADB, structured as a 4-year currency-linked instrument, features a one-time repayment at maturity and carries a fixed interest rate of 6.72% annually
SBI Raises $250 Million Though Green Notes
This issuance, part of SBI’s USD 10 Billion medium-term note program, reaches maturity on December 29, 2028, and was executed through a private placement facilitated by its London branch
Impact Bonds Slump In 2023 Globally, Expecting Rebound In 2024
Higher interest rates, a global economic slowdown, and rising costs are cited as the primary reasons for the drop