Category «News»

Urgent Action Needed to Ensure a Resilient Energy Transition Amid Severe Global Challenges

World Economic Forum’s new report, Fostering Effective Energy Transition 2022, says energy transition must address the challenges to environmental sustainability, energy security and energy justice and affordability The pace of energy transition needs to be supercharged, as demonstrated by recent spike in fuels prices, challenges to energy security, and the slow progress on climate action …

Progress on corporate transparency in EU

GRI remains committed to alignment as draft European Sustainability Reporting Standards unveiled Amsterdam, 2 May 2022 – The publication of the exposure drafts for the new European Sustainability Reporting Standards (ESRS) have been welcomed by GRI, the world’s leading provider of standards on sustainability impacts. Since July 2021, GRI has worked with the European Financial …

Rise in Cyber Threats Targeting the Global Education Sector, but India the biggest Victim?

2nd May, 2022 – CloudSEK has identified a 20% increase in cyber threats targeting the global education sector in the first quarter of 2022, as compared to the same period in 2021. The growing global education and training market is a breeding ground for cybercriminals targeting entities and institutions in the sector. Remote learning, digitization of education, and …

ArcelorMittal announces investment of €300 million in Mardyck, France, to produce electrical steels for industry and electromobility

ArcelorMittal has announced an investment of more than €300m, with the support of the French government, to create a new production unit for electrical steels at its Mardyck site in the north of France. This investment will create more than 100 direct jobs. With this new unit, which will specialise in the production of electrical …

Many companies and governments to continue business with Russia despite increasing sanctions on the country, says GlobalData

Amid increasing sanctions and calls for exiting or scaling back businesses in Russia by many global enterprises, some companies and countries have decided to continue their business relations with the country, finds GlobalData. The leading data and analytics company found that cryptocurrency exchanges such as Coinbase and Binance have decided not to ban Russian users …

worldsteel releases updated Sustainability Charter

3 March 2022 Brussels, Belgium The World Steel Association (worldsteel) has today released its revised and expanded Sustainability Charter. The new Charter reflects the industry’s increasing focus on sustainability and its responsibility to generate positive impacts on people, our planet, and the prosperity of society. The new Charter also represents the industry’s action-oriented approach towards sustainability, …

EARTHDAY.ORG and ClimateScience Announce Partnership for the ClimateScience Olympiad 2022

EARTHDAY.ORG and ClimateScience Announce Partnership for the ClimateScience Olympiad 2022 Washington, D.C. – EARTHDAY.ORG is pleased to announce its partnership with ClimateScience for the ClimateScience Olympiad 2022. The initiative is the brainchild of Eric Steinberger, EARTHDAY.ORG‘s Youth Ambassador in Austria and a member of the organization’s My Future My Voice initiative that has brought together …

Farewell, my smiling friend

Srikumar Bandyopadhyay

Srikumar Bondyopadhyay, one of the finest financial journalists in Kolkata, passed away on Friday. Loved and respected by many for his professional dedication and caring nature, Srikumar has acquired a band of followers and admirers in the past three decades. A student of economics, he specialised in banking, finance and investments, and created a niche …