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ENVIRONMENT - July 2023

Jul 2023

Nov 26, 2024

PNB Joins PCAF, Strengthens Climate Action Commitments

  • Punjab National Bank (PNB), India's second-largest public sector bank, became a signatory of the Partnership for Carbon Accounting Financials (PCAF), marking a major step in its climate action journey. This decision aligns with global standards for greenhouse gas (GHG) emissions accounting and the Reserve Bank of India's (RBI) draft framework on climate-related financial risk disclosures, showcasing PNB's dedication to sustainability and climate transparency.
  • PNB's association with PCAF reflects its commitment to adopting global best practices in sustainability. This initiative strengthens its role as a responsible financial institution, contributing significantly to climate action and aligning with evolving global and domestic environmental standards.

Nov 25, 2024

IndusInd Bank and UNICEF Collaborate to Strengthen Climate Risk Management and Community Resilience

  • IndusInd Bank and UNICEF announced a strategic partnership to support the 'Disaster Resilient Communities and Climate Risk-Informed Efficient Administrative Systems' as part of the Flagship CSR program of IndusInd Bank. The program aims to enhance government policies and develop climate-informed administrative systems in five select districts across India: Dharashiv (Maharashtra), Begusarai (Bihar), Virudhunagar (Tamil Nadu), Baran (Rajasthan), and Bahraich (Uttar Pradesh). This initiative is a part of the Holistic Rural Development program (Climate Action portion), a Flagship CSR Initiative of IndusInd Bank in the Aspirational Districts.

Nov 22, 2024

'One Day One Genome' Initiative Unveiled to Unlock India's Microbial Potential

  • The Department of Biotechnology (DBT) and the Biotechnology Research and Innovation Council (BRIC) launched the 'One Day One Genome' initiative to map and highlight India's microbial wealth. Announced by India's G-20 Sherpa, Amitabh Kant, the initiative aims to showcase the critical role of unique bacterial species in India's environment, agriculture, and human health. This project will leverage genome sequencing to explore and unlock the microbial world's immense potential for various advancements.

Nov 18, 2024

Shanghai, Tokyo, New York, and Houston Leading Emitters of Greenhouse Gases

  • A new dataset released at the United Nations climate talks reveals that cities in Asia and the United States are the largest contributors to greenhouse gas emissions. Shanghai tops the list of polluting cities, followed closely by Tokyo, New York, and Houston. The data, compiled by Climate Trace using advanced observations and artificial intelligence, highlights the urgent need for global action to combat climate change.

Typhoon Man-yi Strikes Northern Philippines

  • Super Typhoon Man-yi, locally known as Pepito, has made a second landfall on the Philippines' main island of Luzon, bringing severe winds, torrential rains, and life-threatening storm surges. The powerful storm has caused widespread damage, particularly in Cantanduanes, where it uprooted trees, destroyed buildings, and disrupted power supplies.

Odisha's 24 Coastal Villages Recognised as 'Tsunami Ready' by UNESCO

  • In a major achievement for Odisha, 24 coastal villages from six districts have been officially recognised as 'Tsunami Ready' by the Intergovernmental Oceanographic Commission (IOC) of UNESCO. This recognition was granted during the 2nd Global Tsunami Symposium in Indonesia on November 11, 2024, marking a significant milestone in the state's efforts to improve disaster preparedness and community resilience in tsunami-prone areas.

Nov 17, 2024

Shanghai, Tokyo, New York, and Houston Leading Emitters of Greenhouse Gases

  • As per new dataset released at the United Nations climate talks, cities in Asia and the United States are the largest contributors to greenhouse gas emissions. Shanghai tops the list of polluting cities, followed closely by Tokyo, New York, and Houston. The data, compiled by Climate Trace using advanced observations and artificial intelligence, highlights the urgent need for global action to combat climate change.
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