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Going for Circular Economy Recognition?

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Going for Circular Economy Recognition?  Words such as sustainability, environment, and energy-conscious business practices, are no longer keywords. Rather, these are terms that organisations across the globe have embraced wholeheartedly. In an era where climate change is getting real and affecting our lives, understanding the role of circular economy and its impact is crucial not just for the economy but businesses and end-consumers as well.  Circular economy offers unimaginable value proposition to organisations in deriving value from their manufacturing processes and becoming environmentally conscious. Regenerative and restorative processes enables retention of resources and extraction of maximum value. The circular economy is therefore designed to minimise waste, reduce environmental impact, and foster sustainable development. According to a 2023 circularity gap report, participating in environment-conscious, ethical and circular economy practices itself could fulfil human...

ESG AND CORPORATE GOVERNANCE : SIGNIFICANCE & SOLUTIONS

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ESG AND CORPORATE GOVERNANCE : SIGNIFICANCE & SOLUTIONS Krystahl Team INDIA I ASUTRALIA EMAIL: krystahl@Krystahl.in , I URL: www.krystahl.in  I www.krystahlESG.cloud  ESG stands for Environmental, Social, and Governance and refers to non-financial metrics that assess a company's impact on the environment, society, and governance. Corporate governance refers to the systems and processes by which a company is directed, managed and lead for the growth. ESG and corporate governance are closely related. ESG and corporate governance are becoming increasingly important as consumers, investors, and regulators demand greater accountability from companies. Integrating ESG considerations into corporate governance practices can help companies manage risks, improve their reputation, and increase their long-term financial performance. At the same time, good corporate governance practices can ensure that a company's ESG efforts are transparent, accountable, and sustainable. ...

GreenX(TM)(R), The Eco-Leadership Guidelines & Award, by Krystahl

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GreenX(TM)(R), The Eco-Leadership Guidelines & Award, by Krystahl Email On : FILMS@KRYSTAHL.IN  The film industry is a significant contributor to global carbon emissions, but it is also an industry that has the potential to lead the way in the transition to a more sustainable future. An average budget film produces 3000-4000 tonnes of carbon emission, 20-25 tonnes of solid waste and 4-10 tonnes of textile waste and huge amount of plastic, electronics and other wastes. The film industry can make a significant impact by promoting sustainability through the content they produce. However, it is important to note that the green transition of the film industry will not happen overnight. It will require a concerted effort from all stakeholders, including filmmakers, production companies, studios, and government agencies. But by working together and making a commitment to sustainability, the film industry can lead the way in the transition to a greener future. Film industry can take f...

ENVIRONMENTAL REGULATIONS IN INDIA : PROGRESS TOWARDS SDG2030

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  ENVIRONMENTAL REGULATIONS IN INDIA : PROGRESS TOWARDS SDG2030 Dr Shalini Sharma CEO,  Krystahl BACKGROUND Environment is defined as the total planetary inheritance and the totality of all resources. It includes all the biotic and abiotic factors that influence each other. India has made a substantial effort in attempting to address environmental challenges. It has enacted stringent environmental legislation and has created institutions to monitor and enforce legislation. The National Environmental Policy (NEP) recognizes the value of harnessing market forces and incentives as part of the regulatory toolkit, and India is one of only three countries worldwide which has established a Green Tribunal to exclusively handle environmental litigation. (World Bank, 22/9/2011). As the Water (Prevention and Control of Pollution) Act and the Air (Prevention and Control of Pollution) Act were designed to deal with only water and air pollution problems, it was in the year 1986 that the Par...

STRATEGIES FOR LOW CARBON DEVELOPMENT OF NATIONS

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STRATEGIES FOR LOW CARBON DEVELOPMENT OF NATIONS India and many developing nations are struggling with climate change and its impacts. Nowadays in Sept/ Oct 2022, we are experiencing the rains and that’s not only an unusual experience but it’s an unusual shift change in atmospheric pattern, leading to huge losses for farmers, thus for humanity.  Climate change shifting farmers toward marginalization is only one example, but the fact is that climate change is shifting humanity toward extinction. Who is the culprit behind climate change? Farmers? we the people & cities? IT companies? Mining companies? Manufacturing companies? Power sector?  As we all know and according to various published sources (Eg. Statista 2022, https://www.statista.com/statistics/955980/india-distribution-of-ghg-emissions-by-sector/) power sector is the highest emitter followed by manufacturing and transportation sectors. Agriculture is also seen as the highest emitter but in generally ‘carbon sequestr...