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Saturday / June 1. 2024
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Alibaba Group targets 50 pr cent carbon intensity reduction for Scope 3 by 2030

Alibaba Group Holding Limited has announced a pledge to achieve carbon neutrality in its own operations by 2030 and introduced a Scope 3+ target, a pioneering initiative aiming to facilitate 1.5 gigatons of decarbonisation across its business ecosystem by 2035. Details about its goals, including thinking and definition of the newly introduced concept of Scope 3+, are shared in the inaugural Alibaba Carbon Neutrality Action Report. Alibaba aims to provide updates annually with progress verified by accredited auditors.

“We aspire to be a force for positive, innovative change in society. Our ESG strategy is predicated on our mission to be a good company that will live for 102 years and it is the vital foundation for Alibaba’s future development,” said Daniel Zhang, Chairman and CEO of Alibaba Group. “We will leverage our unique influence as a platform operator to mobilize actions and behavioural changes among consumers, merchants and partners in China and around the world with our newly proposed Scope 3+ target of reducing 1.5 gigatons of carbon emissions by 2035.” 

Alibaba Group is committed to carbon neutrality for Scope 1 and 2 emissions by 2030, and has set a 50 per cent carbon intensity reduction target for Scope 3 by 2030 using 2020 levels as baseline. Alibaba Cloud will bear responsibility for a higher Scope 3 target and aims to achieve carbon neutrality by 2030 in all three scopes. 

Alibaba will adopt a systematic and science-based approach to plan and manage decarbonisation initiatives. It includes leveraging energy-saving and efficiency-improving technologies to reduce emissions; actively transforming the energy structure with progressive use of renewable’s; and exploration of carbon removal initiatives. As a general principle, the company prioritises carbon reduction over removal, and removal over offset. 

Alibaba Group Holding Limited has announced a

The total grant of these projects amounts to approximately Rs 40 lakhs.

The Department of Processing and Food Engineering (PFE), Punjab Agricultural University (PAU), has been granted two research projects entitled “Development of the Hermetic System for Safe Storage of Agricultural Produce without Using Hazardous Chemicals” and “Development of Sensor Platform for Rapid Detection of Adulteration in Turmeric Powder” by the Society of Mission Tandrust Punjab (SMTP) under the chairmanship of Anirudh Tewari, IAS, Chief Secretary, Punjab.

The research projects were submitted by Dr Mahesh Kumar, Head, Department of PFE; Dr Gagandeep Kaur, Dr Preetinder Kaur and Dr Maninder Kaur, scientists from PFE; Dr DK Sharma, Senior Entomologist; and Dr Derminder Singh, Professor of Electrical Engineering. The first project aims at developing and evaluating cocoon based flexible storage system that would make available pesticide free grain storage system and hence prevent health and environment hazards. The second proposal targets to develop mechanisms for rapid detection of different adulterants in turmeric powder and create and evaluate a sensor platform for rapid detection of different adulterants in turmeric powder. The total grant of these projects amounts to approximately Rs 40 lakhs.

The PAU Vice Chancellor DK Tiwari, IAS Financial Commissioner, Agriculture and Farmers’ Welfare, Director of Research Dr Ajmer Singh Dhatt and Dean, College of Agricultural Engineering and Technology Dr Ashok Kumar congratulated the scientists for their achievements.

The total grant of these projects amounts

Participants discussed issues on expanding of the existing businesses of agri-allied activities

North Eastern Development Finance Corporation (NEDFi) recently organised a business-cum entrepreneurs meet at its branches in Namchi and Gangtok. The meet was attended by 30 potential and existing entrepreneurs from Namchi and Jorethang Town. During the meet, the participants were informed and deliberated upon the various loan schemes of NEDFi highlighting its low-interest rate. The attendees were briefed about the documentation aspects and loan process of NEDFi along with various initiatives undertaken by NEDFi for the development of the region. 

During the interactive session, the participants raised doubts, mainly on setting up and expanding the existing businesses of agri-allied activities, restaurants etc, and were resolved by the officials.

The event was attended by entrepreneurs based out of the East and North Districts of Sikkim. NEDFi officials explained in detail various schemes of NEDFi and the new reduced interest rate. The participants were also briefed on MOVCDNER to encourage organic produce processing units among FPO’s. 

Participants discussed issues on expanding of the