Why Green means Money

30 Apr 2022 CW Team

In the current environment, health, safety and governance could be parameters of the measure of social aspects of the ESG agenda and will remain a high priority for the engineering and construction (E&C) industry. Governance will be a sensitive issue given the size and complexity of contracts, competitive bidding processes and the need to engage with both public and private stakeholders and to prevent bribery, corruption and anticompetitive behaviour. The building and construction sector is responsible for 39 per cent of carbon emissions globally, according to the World Green Building Council, and hence has to work hard to match the goals and commitments. Therefore, carbon reduction and environmental initiatives are a business imperative for contractors in the days ahead.

India ranks a lowly 120 among 165 countries in its progress towards achieving all 17 SDGs (sustainable development goals), lower than Sri Lanka, Nepal and Bangladesh. Reliance Industries Ltd (RIL), Vedanta Ltd, JSW Energy and HDFC Bank have planned to go carbon neutral in the next few decades. Good ESG scores are helping companies tap into newer pools of capital and build valuations to attract investors in these reorganised entities, while enhancing shareholder value.

Vedanta is restructuring its operations and may demerge and list its aluminium, iron and steel, and oil and gas businesses as standalone entities. Restructuring a mammoth like RIL means transferring its gasification assets to a wholly owned unit, which will help it produce hydrogen to establish a hydrogen ecosystem while JSW Energy is…

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ESG stands for Environmental, Social and Governance. From financial year 2022-2023, the top 1,000 listed companies in India (by market capitalisation) will need to prepare a ‘business responsibility and sustainability report’ (or BRSR), containing detailed ESG disclosures. The BRSR has to be a part of the annual report, which gets notified to the stock exchanges, published on official company websites and separately provided to shareholders. Before the BRSR became mandatory, the top 1,000 listed companies in India (by market capitalisation) had to publish a relatively shorter ‘business responsibility report’. In the current environment, health, safety and governance could be parameters of the measure of social aspects of the ESG agenda and will remain a high priority for the engineering and construction (E&C) industry. Governance will be a sensitive issue given the size and complexity of contracts, competitive bidding processes and the need to engage with both public and private stakeholders and to prevent bribery, corruption and anticompetitive behaviour. The building and construction sector is responsible for 39 per cent of carbon emissions globally, according to the World Green Building Council, and hence has to work hard to match the goals and commitments. Therefore, carbon reduction and environmental initiatives are a business imperative for contractors in the days ahead. India ranks a lowly 120 among 165 countries in its progress towards achieving all 17 SDGs (sustainable development goals), lower than Sri Lanka, Nepal and Bangladesh. Reliance Industries Ltd (RIL), Vedanta Ltd, JSW Energy and HDFC Bank have planned to go carbon neutral in the next few decades. Good ESG scores are helping companies tap into newer pools of capital and build valuations to attract investors in these reorganised entities, while enhancing shareholder value. Vedanta is restructuring its operations and may demerge and list its aluminium, iron and steel, and oil and gas businesses as standalone entities. Restructuring a mammoth like RIL means transferring its gasification assets to a wholly owned unit, which will help it produce hydrogen to establish a hydrogen ecosystem while JSW Energy is… Click here to read more

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..