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Muthoot Finance has positively impacted over 4.5 lakh through CSR in FY2021-22
Muthoot Finance, India’s largest gold loan NBFC Company has demonstrated its dedication to the socio-economic development of the society and touched more than 4.5 lakh beneficiaries under its CSR initiatives in 2021-2022. The company reported a total spend of Rs. 81.14 Crores on Corporate Social Responsibility initiatives that spanned across delivery of COVID essentials...
World Population Day 2022: Which is a Bigger Threat – Population Explosion or Population Collapse?
World Population Day is observed every year on July 11 to raise awareness about global population issues. The Governing Council of the United Nations Development Program established the day in 1989. World Population Day was originally marked on July 11, 1990, in more than 90 countries. Since then, it has been marked by a...
Greenwashing: CocaCola, Unilever, KLM Accused of Practicing it
According to recent studies, well-known companies like Coca-Cola and Unilever are misleading consumers by using "greenwashing." According to The Changing Markets Foundation (CMF), in recent years, the number of goods with sustainable or green labels has grown dramatically, and many well-known firms have engaged in greenwashing. However, even as companies tout their efforts to...
Eco-friendly Brands in India on Their Voyage of Sustainability
Recent studies found out that almost 90% of Millennials would choose a sustainable and eco-friendly product over any non-sustainable counterparts. One of the most significant benefits of brands switching to "eco-friendly" is making a major appeal to the new generation, especially in urban areas. However, several companies are still stuck in the myth bubble...
Climate Change is Causing Loss of India’s Solar and Wind Energy Potential: Study
According to a new study done by scientists at the Indian Institute of Tropical Meteorology (IITM) in Pune, climate change is projected to negatively damage India's solar and wind energy potential over the next 50 years, posing a significant challenge to the country's ambitious quest for renewable energy.
The future forecasts are critical as India...
The Government to Launch National CSR Exchange Portal to Enhance Efficiency in CSR Spending
Corporate Social Responsibility (CSR) is mandatory in India by law, under the Companies Act, 2013. The law has brought so many companies under the purview of CSR, making CSR spending more streamlined and formal. As the CSR sector grows more efficient, it is imperative to observe its role in national development and to identify...
World Ocean Day 2022: Coca-Cola UK to Alter its Plastic Bottle Design to Maximise Recovery and Recycling
Oceans comprise 71 percent of the Earth's surface and contain 97 percent of all the water on the planet. Oceans have a huge impact on temperature and weather because of their massive size. They are essential for the survival of both humans and other species. Oceans host a diverse range of flora and wildlife,...
World Food Safety Day: How to Get a Food License from FSSAI?
Millions of women in India are involved in food business. Making food and selling from home has allowed so many women to be financially independent, and contribute an additional income in the household. As more and more individuals join the food business, it is important to ensure that the food they sell is safe...
India Inc. on World Environment Day 2022
On June 5, people all across the world commemorate World Environment Day to raise awareness about the significance of protecting planet Earth, our one and only true home.
#OnlyOneEarth is the theme for 2022, and it focuses on our responsibilities as Earth citizens in protecting the environment and encouraging sustainable living everywhere and every day.
It...
Stockholm+50: Commemorating 50 years of Sustainability Movement
It has been 50 years since the sustainability movement started. However, even today, the planet is in trouble. With an exponential rise in anthropogenic activities, the burden has increased on the planet and the environment significantly. This is a major threat to achievement of Sustainable Development Goals.
Amid such grave concerns, Stockholm+50 is being held...
Only 20% of India Inc. Published Sustainability Reports last year
Sustainable Development is the future that we envision for our planet. To reach there, we need to overcome several roadblocks such as climate change, poverty, hunger, inequality, etc. Corporates play a major role in making or breaking the case for sustainable development. Sustainability reporting, also known as environmental, social, and governance (ESG) disclosures, reflects...
135 Years to Achieve Gender Parity: WEF Report
The number of years it will take to achieve gender parity has increased to 135, according to a new World Economic Forum report.
In the latest World Economic Forum Summit, industry leaders, NGOs, and politicians gathered in Davos for an Open Forum discussion debated the global prospects for gender equity. The event came on the...