Global Stories

ELGi Compressors Europe, a subsidiary of Elgi Equipments Limited, had the opportunity to support the Italian Red Cross with an urgent compressed air requirement. In line with ELGi’s CSR approach, ELGi Europe responded swiftly and comprehensively with a charitable contribution of an air compressor package for one of Italy’s Red Cross logistic hubs serving...

Qualtrics released a new study into corporate social responsibility and its impact on overall UK employee engagement. Learnings from the report include how CSR has become more important to employees since the start of 2020, the importance of consulting employees before launching an initiative, and the top 5 CSR initiatives employees would like their...

Garnier has been given the stamp of approval by the Cruelty Free International Leaping Bunny programme, the leading organisation working to end animal testing and the cruelty free gold standard. Garnier is one of the largest, most global brands Cruelty Free International has ever approved under the Leaping Bunny programme. This is a giant...

The Asia-Pacific region needs large, yet attainable, investments in resilience to protect development gains amid a fragile and inequitable post-COVID-19 economic recovery, says a  report released today by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The  Economic and Social Survey of Asia and the Pacific 2021: Towards post-COVID-19 resilient economies forecasts that, on average, developing  Asia-Pacific...

Integrating smart technologies into agriculture is transforming how the world produces, processes, and delivers food. With the world seeking more sustainable and efficient means of food production, smart technologies in agriculture are growing in demand, with global VC investment in the sector touching $4 billion in just the last two years. AI will play...

Amazon is a US-based multinational company that is involved in the business of eCommerce, cloud computing, digital streaming as well as Artificial Intelligence (AI). Amazon has been committed to sustainability for many years. In 2019, Amazon co-founded The Climate Pledge—a commitment to be net-zero carbon across the business by 2040, 10 years ahead of...

Regional United Nations entities in Asia and the Pacific are scaling up efforts and coordination to support countries in their COVID-19 response and accelerate sustainable development in the region. At the first meeting of the new Regional Collaborative Platform for Asia and the Pacific held on 23 March — a new mechanism that brings together...

The 8th Asia-Pacific Forum on Sustainable Development (APFSD) hosted by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) opened today with a resounding call for countries to build resilience to the COVID-19 pandemic and the climate emergency - the twin crises that threaten our future the most. More than 1000...

Trane Technologies announced today that it plans to cut its product carbon emissions by nearly 50% by 2030, and that its ambitious emissions reduction targets have been validated by the Science Based Targets Initiative (SBTi). Cutting product emissions in half over the next decade supports the global conglomerate's 2030 Sustainability Commitments, including its Gigaton Challenge to reduce...

The Asia-Pacific region must accelerate progress everywhere and urgently reverse its regressing trends on many Sustainable Development Goals (SDGs) to achieve its ambitions by 2030, says a report released today by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The 2021 edition of the Asia and the Pacific SDG Progress Report shows that the...

In our series of reports on multinational corporations, we are turning our gaze to Lenovo today. Lenovo Group Limited is a US$50 billion Fortune Global 500 company, with 63,000 employees and operating in 180 markets around the world. The company is incorporated and headquartered in Hong Kong, with key operations centres in Beijing, China...

FedEx Corp. announced today an ambitious goal to achieve carbon-neutral operations globally by 2040. To help reach this goal, FedEx is designating more than $2 billion of initial investment in three key areas: vehicle electrification, sustainable energy, and carbon sequestration. This includes a pledge of $100 million to Yale University to help establish the Yale...