CB Bureau

NTPC 6th largest CO2 emitter among top 40 power-producing companies globally

India’s state-owned NTPC Ltd ranks as the world’s sixth-largest polluter among 40 large power-generating companies, according to Centre for Global Development (CGD), a Washington-based think-tank. Four Chinese companies are among the top polluters, followed by a South African company at the fifth place.The findings are part of CGD’s latest database on global carbon emissions, called…

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Will Anyone Join Your Revolution?

Margaret Mead once said, ‘The only person who likes change is a wet baby’, to which Hunter Lovins added ‘and the baby squalls all the way through the process.’ So change is never easy, especially on the big issues of sustainability. In thinking about this, I have found Richard Beckhard and David Gleicher’s Formula for…

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Watching the watchers

Lack of cooperation on supervision of sovereign credit raters is undermining Rio+20’s pursuit of new sustainable development goals… When Cyprus announced in June 2012 that it was edging closer to being the latest Eurozone country to seek bailout money, the fragile nature of how the world deals with sovereign debt was thrust once again into…

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First time in the world, CSR is included in an enactment

Come Monsoon session, the 56-year-old Companies Bill incorporating social responsibility obligations on corporate houses will be rewritten. Although the government, amid stiff resistance from the corporate world, is not making the CSR obligation compulsory, it is putting a moral obligation on companies to report their CSR initiatives. It has also made it mandatory for each…

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Prepare to pay Environment Cess in Maharashtra

Maharashtra’s environment department is preparing a proposal to levy tax on environment polluters. The proposal, say sources, is almost ready and will soon be tabled before the state cabinet. As per the proposal, any activity that affects the environment, like stone-crushing, mining, vehicular pollution, industries and big infrastructural projects, will be liable to pay environment…

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