New York Bans Fossil Fuels in New Buildings Starting 2026
According to new rules released by New York Governor with 2024 Budget, it will become the first state to ban the use of gas stoves and heating. The step is aligned with the state’s climate goals. Read more
Average ESG scores of Indian firms improve
RBI released an analysis of Indian companies on ESG in its Currency and Finance report and expectedly, IT companies have the highest average ESG scores while transport infrastructure companies have the lowest. The central bank noted that it was heartening that Indian companies are increasingly matching growing ESG concerns with actions to support the green transition. Read more