Biden Allocates $20 Billion to Reduce Methane Emissions
The Biden administration announced the release of an updated U.S. Methane Emissions Reduction Action Plan, which includes more than $20 billion in new investments to tackle methane emissions. The plan was unveiled at the COP27 climate conference. Read more
92% of Indian SMEs focused on adopting ESG measures: Survey
According to a survey of more than 800 SMEs in Asia (Singapore, Hong Kong, India, Indonesia, Mainland China, Taiwan ), conducted by DBS and Bloomberg Media Studios in August, it was found that SMEs in India lead regional counterparts in Asia, with more than 9 in ten rating ESG as high priority for their business. Read more
H&M Commits Nearly $300 Million Annually to Tackle Supply Chain Emissions
H&M Group announced a series of funding initiatives aimed at decarbonizing its value chain, with an annual budget of around US$287 million. Areas of investment include support for suppliers to shift to clean energy , phasing of coal and improve energy efficiency and increasing the share of sustainable materials. Read more