Climate Change

Mahesh Ramanujam, CEO of the Global Network for Zero (GNFZ), discusses why Scope 3 emissions must be at the core of any corporate net-zero strategy. He also explores the evolving global and Indian regulatory landscapes, the role of independent certification in ensuring accountability, and shares a real-world case study of how GNF helped an organization design or implement a customized pathway to tackle Scope 3 emissions.

Carbon markets operate on trust: stakeholders must believe that the emission reductions credited are real, measurable, and permanent. Inconsistent methodologies, poorly monitored projects, and a lack of transparency have undermined confidence in certain markets. As discussions advance at COP30 in Belém, establishing universally accepted standards and accountability frameworks will be essential.

A modern grid must balance growing demand from new sources like electric vehicles (EVs) with the intermittent supply from renewable sources like solar and wind power. AI-powered smart grids use sophisticated algorithms to forecast power demand and match it with fluctuating renewable generation in real time.

Waaree Renewable Technologies Ltd, the solar EPC arm of Waaree Energies, today announced a strategic investment in Smart Joules, India’s largest Cooling-as-a-Service (CaaS) and energy efficiency company.

India’s climate tech ecosystem now counts over 800 startups, ranging from solar and electric mobility pioneers to agri-tech and water management disruptors. Many of these startups begin as humble experiments.

Studies, including one by Deloitte, show that 80% of the skills required for green collar jobs already exist in India’s current workforce. With the right upskilling, these capabilities can be unlocked to help millions shift into meaningful, future-ready careers.

Given that global steel demand is projected to grow by 32% by 2050, largely driven by infrastructure expansion and industrial development, the need to decouple steel production from carbon emissions is both urgent and complex. Here is where hydrogen, particularly green hydrogen, emerges as a powerful catalyst for change.

Moneypoint in County Clare, Ireland, joins the ranks of other European nations exiting coal by shutting off power generation at its sole remaining coal plant. Industry observers say Ireland’s increased renewable energy generation in recent years, particularly in wind, has contributed to this milestone. Moneypoint now functions as a backup oil burner under emergency instruction, but it is no longer active in the wholesale electricity market.

India’s energy sector emission intensity could decrease by 48–57% by 2030 compared to 2005 levels—according to a new emissions modelling analysis by the Council on Energy, Environment and Water (CEEW) and the Alliance for an Energy Efficient Economy (AEEE).

The best businesses aren’t just adapting to the changing landscape; they’re leveraging sustainability to drive innovation, reduce costs, and build stronger relationships with their customers and stakeholders. Business leaders are turning sustainability into a growth driver rather than a cost center by adopting the right practices.