HDFC Bank Commits To Becoming Carbon Neutral By 2031-32

HDFC Bank Commits To Becoming Carbon Neutral By 2031-32

Announces plan ahead of World Environment Day on June 5 Plans to achieve this by reducing consumption & resource footprint, moving towards renewable energy and offsets Fund green products; Evaluate credit basis ESG scores MUMBAI, India–(BUSINESS WIRE/AETOSWire)– HDFC Bank today announced plans to become carbon neutral by 2031-32. As part of this initiative, the Bank is looking at reducing its emissions, energy, and water consumption. The Bank will continue to incorporate and scale up the use of renewable energy in its operations. As part of its ESG strategy, the Bank…

Kingston Holdings, Envirofina ink MoU to collaborate on green and renewable energy ventures

“كينجستون القابضة” و “إنفيرومينا” يوقعان مذكرة تفاهم

Kingston Holdings, the leading SAIF Zone-based electrical products manufacturer in Asia, has signed a memorandum of understanding (MoU) with Envirofina, a global energy efficiency investment Company with fully integrated ESCO Services. According to the agreement, Kingston Holdings becomes the exclusive lighting supplier for all joint venture Envirofina energy efficiency projects. Headquartered in Dubai, Envirofina is part of the Iugis group of companies. The MoU was signed at the Kingston headquarters at SAIF Zone by Lalu Samuel, Chairman & Managing Director, Kingston Holdings, Marios Gkekas, CEO of Envirofina, in the presence…

launch of digital experience platform ‘GROHE X’ for its GROHE brand

launch of digital experience platform ‘GROHE X’

LIXIL EMENA celebrates launch of digital experience platform ‘GROHE X’ for its GROHE brand Successful start: Over 12,000 visitors explored GROHE’s brand hub on the first day and almost 4,000 viewers attended the three live events Impactful sustainability engagement: As one of the first sanitary brands, GROHE presented its first Cradle to Cradle Certified® products during the premiere keynote Putting customers at the center: GROHE is increasingly addressing consumer needs with value-adding product innovations and tailored services  ‘Discover what’s next’: With this guiding theme, LIXIL EMENA yesterday successfully launched its…

The UAE University holds the “6th International Conference on Renewable Energy: Generation and Applications” ICREGA’21 on Tuesday

The UAE University holds the “6th International Conference on Renewable Energy: Generation and Applications” ICREGA’21 on Tuesday

Al Ain, Abu Dhabi, UAE, February 1st, 2021: The UAE University is organizing the “6th International Conference on Renewable Energy: Generation and Applications” ICREGA’21. The event will be held virtually using Zoom from February 2nd till 4th, 2021. H.E. Zaki Anwar Nusseibeh, Minister of State – Chancellor of the United Arab Emirates University, will give a welcoming speech that sheds light on UAE’s role in developing renewable energy resources, whether in UAE or by partnering with several industrial and developing countries with the aim of creating more opportunities for industrial and sustainable development…

inadequate Digital Infrastructure AND Policies  HINDER THE Transformation oF Small Island Developing States

ضعف السياسات وتخلف البنى التحتية يعيقان التحول الرقمي

Only 52 per cent of the population of Small Island Developing States (SIDS) have access to the Internet Since 2014, mobile broadband coverage in SIDS has risen from 50 per cent to 90 per cent People in SIDS have to pay 4.1-4.5 per cent of their gross monthly income for braodband, considerably higher than the recommended 2 per cent from the Broadband Commission for Sustainable Development Experts discuss how ICT technologies can accelerate inclusive and sustainable industrial development in ISDS at the Global Manufacturing and Industrialisation Summit’s Digital Series  The…

20by2020 Improves the Lives of Thousands of Fishermen and their Families in Indonesia

20by2020 Improves the Lives of Thousands of Fishermen and their Families in Indonesia

Abu Dhabi, United Arab Emirates, The UAE-led humanitarian initiative, 20by2020, continues to extend sustainable solutions to various parts of the world with the latest deployment in Pulau Laut Selatan – South Kalimantan, Indonesia.  The objective of this deployment is to provide 20,700 people from a large fishermen community with improved energy access through off-grid solar lighting. Pulau Laut Selatan is in the Kota Baru Regency (Borneo), where a quarter of the population still live in the dark, and most households earn their living by fishing. 3,600 solar lanterns and 1,000…

Siemens Energy and Porsche, with partners, advance climate-neutral e-fuel development

World’s first integrated commercial plant for producing climate-neutral fuel being built in Chile Innovations from Germany to industrialize synthetic fuels and decarbonize the mobility sector German Economy Ministry supports beacon project as part of national hydrogen strategy Porsche is planning to use e-fuels – initially on race courses and in vehicle trials, prospectively also in production sports cars. Siemens Energy, joined by sports car maker Porsche and a lineup of international companies, is developing and implementing a pilot project in Chile that is expected to yield the world’s first integrated,…

DEWA Innovation Centre and 800MW 3rd phase of the Mohammed bin Rashid Al Maktoum Solar Park inaugurated

DEWA Innovation Centre and 800MW 3rd phase of the Mohammed bin Rashid Al Maktoum Solar Park inaugurated

Dubai, United Arab Emirates,  HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated Dubai Electricity and Water Authority’s (DEWA’s) Innovation Centre and the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park has a planned capacity of 5,000MW by 2030, with investments up to AED50 billion. HH Sheikh Mohammed bin Rashid Al Maktoum was briefed by HE Saeed Mohammed Al Tayer, MD & CEO…

Siemens Energy awarded major service contract to strengthen Kuwait’s power grid reliability

Contract covers maintenance of 116 high-voltage substations, biggest Transmission service contract for Siemens Energy in Kuwait. One of the largest power transmission service agreements in the Middle East Kuwait’s Ministry of Electricity and Water (MEW) awarded Siemens Energy a contract to provide maintenance to 116 high-voltage substations. The five-year service contract represents Siemens Energy’s largest Transmission service order in the country and one of the biggest service agreements in the power transmission sector in the Middle East. The project aims to ensure reliable power supply throughout Kuwait. The substations will…

Gulf Brokers: Markets cheer a Biden victory

Gulf Brokers: Markets cheer a Biden victory

Dubai, United Arab Emirates, (AETOSWire):Stocks and oil prices cheered the confirmation of Joe Biden’s victory, which means a more generous stimulus package to be deployed as soon as possible. The recent rally also supported by more upbeat news on the coronavirus vaccine. Meanwhile, Donald Trump rejected the outcome of the U.S. election, mounting legal action against vote counting in states where he lost. US stock indices climbed to the highest levels in eight months after Joe Biden’s victory in the US presidential race. The news reports about progress in the…