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India ranks 6th globally with 127 Net-zero firms
POWER & RENEWABLE ENERGY

India ranks 6th globally with 127 Net-zero firms

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the lates...

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the latest report from ICRA ESG Ratings. Although India contributes approximately 7 per cent of global emissions, its corporate commitments reflect a growing awareness of climate concerns. However, high-emission sectors such as power, energy, and cement are lagging in adopting these goals. The report reveals that fewer than 10 per cent of firms in these high-emission sectors, which contribute to 55 per cent of India鈥檚 overall greenhouse gas emissions, have adopted net-zero targets. It also highlights that coal-based power generation remains dominant in the country鈥檚 energy mix, although a shift toward renewable energy is evident among companies with net-zero commitments. The cement sector is addressing emissions by adopting alternative fuels like biomass and integrating carbon capture technologies. In the metals and mining sectors, companies with net-zero commitments have shown higher adoption of sustainable practices, although progress remains inconsistent.

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Real Estate

Pune Sees 14,421 Property Deals in April 2025, Earns Rs 5.47 Bn: Report

Knight Frank India, in its latest assessment, noted that Pune鈥檚 real estate market registered 14,421 property transactions in April 2025, generating Rs 5.47 billion in stamp duty revenue. While property registrations saw a slight year-on-year (Y-o-Y) increase of 1 per cent, stamp duty collections dipped marginally by 3 per cent Y-o-Y during the same period. The decline in stamp duty revenue is primarily attributed to a higher share of registrations in lower ticket-size segments. On a month-on-month (MoM) basis, both property registrations and stamp duty collections in Pune fell by 43 pe..

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Infrastructure Urban

JK Tyre Launches India鈥檚 First Car Tyre with ISCC Plus Material

JK Tyre & Industries, the pioneers of innovation in tyre industry have commenced production of its 鈥楿X Royale Green鈥� passenger car tyres using ISCC Plus certified sustainable raw materials at its Chennai Tyre Plant鈥攎arking yet another first in the Indian tyre industry. This milestone reflects JK Tyre鈥檚 steadfast commitment to green technology and reducing carbon footprint through continuous R&D excellence.The certification, granted under the globally recognised International Sustainability and Carbon Certification (ISCC plus) framework, validates the use of traceable and respon..

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Equipment

Liebherr Showcases Machines at LIGNA 2025 for Timber Industry

Liebherr will showcase its special machines and solutions for the wood processing industry at the LIGNA 2025 international trade fair for the timber and forestry sector in Hanover. From 26 to 30 May, visitors will be able to explore Liebherr's approximately 475 m虏 exhibition stand in the fair's outdoor area (Corner 7, Stand L44). The Liebherr LH 26 M Timber material handler and the Liebherr T 60-9s telescopic handler will be among the machines on display. The Liebherr wheel loader L 580 XPower is equipped with industrial kinematics and high-dump bucket for the timber industry. In addition, an..

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