13th February 2023 News

Investors face growing commodities risk lurking ESG funds

According to Adam Matthews, chief responsible investment officer at the Church of England Pensions Board, the risks posed to the renewables boom via the mining industry aren’t getting nearly enough attention. The World Bank estimates that by mid-century, the amount of raw materials necessary for the green transition will soar 500%. It may end up exposing the human-rights abuses and environmental damage via supply chains. Read more

Lithium Reserve Discovered in J&K Must Meet Several Tests, Including Sustainability

India announced the discovery of its very first substantial lithium deposits, amounting to 5.9 million tonnes, in Jammu and Kashmir’s Reasi district. If further assessments allow its use, it will be beneficial for manufacturing electric vehicles in the country. However, the development of these reserves will need to be conducted sustainably – both in terms of the environment and equity Read more

ESG Chronicle Team