#ESG – Page 4 – Utkarsh Majmudar

The Right to Clean Air

Delhi often struggles to breathe. So, do Tokyo, Shanghai and Dhaka. Air pollution is estimated to kill 7 million people worldwide each year. The problem is severe and needs immediate action. In August 2022, United Nations General Assembly passed a historic resolution declaring that everyone on the planet has a right to a healthy environment,Continue reading “The Right to Clean Air”

SEBI moves ahead on ESG

The Securities and Exchange Board of India (SEBI), recently, approved the regulatory framework for ESG (Environmental, Social and Governance) disclosures, ratings and investing. Disclosures SEBI has introduced BRSR Core that is applicable to top 150 companies by market capitalisation. It has reduced the number of key performance indicators across the value chain to report onContinue reading “SEBI moves ahead on ESG”

The High Seas Treaty

The open seas (the sea beyond countries’ territorial waters) cover two-thirds of the earth. Oceans serve three key purposes (a) they are the source for half the earth’s oxygen supply; (b) they are natural carbon sinks; (c) source of economic value: food, shipping and tourism. The oceans are overexploited with many species facing extinction, andContinue reading “The High Seas Treaty”

Taskforce on Nature-Related Financial Disclosures

The Taskforce on Nature-Related Financial Disclosures (TNFD) is an international initiative that builds on a model developed by the Taskforce on Climate-Related Financial Disclosures (TCFD). The TNFD focuses on natural and environmental risks, including the loss of biodiversity and the degradation of ecosystems. In comparison, TCFD focuses on climate risk, an interdependent but distinct issue.Continue reading “Taskforce on Nature-Related Financial Disclosures”

Net Zero: Strategy and Reporting

A recent report by CDP suggests that less than 1% of the 18,600 companies surveyed by CDP have credible climate change plans to net zero. This result is surprising because achieving net zero is critical to the planet’s well-being. Without getting into a methodological debate, here are some thoughts on why this would be so:Continue reading “Net Zero: Strategy and Reporting”