cii sohrabji godrej green business centre pdf editor

It is therefore surprising - on second thoughts, not so surprising - to read in The Economic Times a news item headlined “Robert Redford poses a challenge to India’s green title”. It is a dream realised and an example set for other corporates. It carries the tradition established by the Godrej founders a bold step further. The full story of this achievement appearing elsewhere in this issue is a story of considerable foresight, meticulous planning and a passion for perfection.

This is the Platinum Rating given by the United States Green Business Centre to the CII-Sohrabji Godrej Green Business Centre as “the world’s greenest building”. The yield on the benchmark 10-year sovereign note has climbed to 7.12% from 6.46% at the end of last year, making it more expensive for the government to raise additional funding.Having wonThe Economic Times Corporate Citizen Award for 2003-2004, Godrej along with the CII have gone on to win a greater, more prestigious and more permanent honour. The currency is down about 7% this year, poised for its worst annual depreciation since 2018 in the face of broad dollar strength despite India’s central bank selling dollars to curb depreciation. Added to that, currency risk could pose a hurdle for foreign investors interested in India’s first green bond, which will be in rupees. ESG bonds are underperforming conventional debt in the sell-off, putting the size of any greeniums in doubt.

“The size of the greenium is also very dependent on the market situation at that point in time.” That’s particularly true this year, since global debt market sentiment has taken a hit thanks to surging inflation, central bank interest-rate hikes and the fallout from the war in Ukraine. “You need to do some outreach and engage with investors to have a greenium,” said Sandeep Bhattacharya, climate change advisor at GIZ and former India project manager of the Climate Bonds Initiative in Mumbai.

Cii sohrabji godrej green business centre pdf editor