SBTi Approves Flender’s Net-Zero Emissions Reduction Targets

31 Mar 2025 CW Team

The Science Based Targets initiative (SBTi) has approved Flender’s net-zero greenhouse gas emissions reduction targets, confirming their alignment with global climate goals. The German drivetrain solutions provider commits to cutting absolute scope 1 and 2 emissions by 63 per cent by FY 2030 (from an FY 2021 baseline) and reducing scope 3 emissions by 51.6 per cent per ton of sold product. By FY 2045, Flender aims to reduce scope 1 and 2 emissions by 90 percent and scope 3 emissions by 97 per cent per ton of sold product. Sustainability initiatives include waste heat recovery at its Bocholt site, green electricity procurement in North Rhine-Westphalia, and solar power generation at facilities in India and Germany. CEO Andreas Evertz emphasised the urgency of climate action, stating, “Despite global challenges, we remain committed to science-based climate targets.” Flender’s sustainability efforts have earned it a top 1 per cent ranking in EcoVadis and the German Sustainability Award 2024.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..