Latest news with #ESG-focused
Business Upturn
2 days ago
- Automotive
- Business Upturn
Montra and Green Drive Partner to Accelerate Clean Mobility in Logistics Sector
Montra Electric, a Murugappa Group brand, has partnered with Green Drive Mobility to deploy 50 EVIATOR electric small commercial vehicles (e-SCVs) across India over the next three months. The collaboration aims to accelerate clean, carbon-free logistics solutions across first-, mid-, and last-mile delivery. Combining smart tech, AI-led analytics, and sustainable performance, the alliance marks a significant push toward eco-friendly transportation in India's logistics sector. By Riddhima Jain Published on July 15, 2025, 15:19 IST In a significant step toward sustainable transportation, Montra Electric, the clean mobility arm of the Murugappa Group, has partnered with Green Drive Mobility to deploy 50 EVIATOR electric small commercial vehicles (e-SCVs) across India. The initiative aims to enhance fleet efficiency and support carbon-free mobility across first-mile, mid-mile, and last-mile delivery segments. Under the agreement, the deployment will take place over the next three months, with vehicles integrated into Green Drive Mobility's tech-driven fleet system, which includes real-time tracking, smart route planning, and AI-based performance analytics. Saju Nair, CEO of TIVOLT Electric Pvt. Ltd. (SCV division of Montra Electric), and Hari Krishna, Founder & CEO of Green Drive Mobility, formalized the partnership, emphasizing their joint commitment to a cleaner logistics ecosystem. The Montra EVIATOR, known for its high load capacity, advanced software-defined vehicle (SDV) capabilities, and energy efficiency, is expected to align seamlessly with Green Drive's mission of enabling sustainable logistics for ESG-focused enterprises. With this collaboration, both companies aim to contribute to India's green mobility mission and set a benchmark for commercial EV deployment in the logistics sector. Ahmedabad Plane Crash
The Star
5 days ago
- Business
- The Star
Affin Group achieves MSCI ESG rating upgrade to AA
Affin Bank Bhd president and group chief executive officer Datuk Wan Razly Abdullah KUALA LUMPUR: Affin Bank Bhd has been upgraded from 'A' to 'AA' in the Morgan Stanley Capital International (MSCI) environmental, social and governance (ESG) ratings. In a statement today, the bank noted that the upgrade, published in MSCI's latest ESG ratings report, was largely driven by improvements in its corporate governance practices, including enhanced board oversight, accountability, and transparency, all aligned with global best practices. "According to MSCI's evaluation, the group outperformed industry peers, particularly in areas such as corporate governance, consumer financial protection, and data privacy practices. "The group's approach to cyber security risk mitigation, product transparency, whistleblower policy, as well as business ethics and oversight, was found to be superior or in line with global standards,' it said. President and group chief executive officer Datuk Wan Razly Abdullah said the group is honoured to be recognised by MSCI with an AA rating. "This reflects the tangible progress we have made in embedding sustainability into our operations, culture, and governance. "Sustainability is more than compliance; it is a core driver of how we create value for our stakeholders and ensure long-term resilience,' he said. As part of its ESG-focused strategy, Affin said it continues to introduce purpose-driven products and services such as green financing, ethical investment solutions, and inclusive digital offerings that promote financial well-being and environmental stewardship. "These include recent initiatives under its small and medium enterprises banking portfolio that support social enterprises, climate-conscious borrowers, and underserved communities, delivering both commercial and societal value,' the bank added. - Bernama
CNBC
09-07-2025
- Business
- CNBC
Singapore state investor Temasek is rethinking defense as a strategic ESG bet
Defense stocks are booming — and according to one of Asia's biggest investors, allocating capital to the sector doesn't mean having to abandon ESG initiatives. Speaking to CNBC's Martin Soong on Wednesday, Rohit Sipahimalani, chief investment officer at Singapore's state investment fund Temasek, said his team were looking at opportunities in the European defense sector. "Defense is clearly an area where there's going to be a lot of capital spent, and it's an area we are looking to see what opportunities there are," he said. European defense stocks hit a record high on Wednesday, with the Stoxx Europe Aerospace and Defense index jumping around 0.8%. The index has gained close to 54% so far this year, with some companies in the sector more than doubling in value. Temasek's net portfolio value reached a record high of 434 billion Singapore dollars ($338.9 billion) in the year to March 31, up 45 billion Singapore dollars from the previous year. The fund says it applies an Environmental, Social, and Governance (ESG) framework to its entire investment process . Asked on Wednesday if investing in defense contradicts that mandate, Sipahimalani said Temasek would consider carefully whether any potential defense investment aligns with its wider policies. "If you look at defense, it's an issue of national sovereignty right now," he said. "So just like we talk about sovereignty in terms of food security or energy security, I think defense security is a critical part of that. We would invest in companies that are in compliance with the UN treaty on nuclear non-proliferation, invest in companies that are in compliance with [the] laws of Singapore and generally the markets they operate in, and we would look at each one on a case-by-case basis." Defense stocks used to be excluded from many ESG portfolios due to ethical concerns over how companies' products were used by military customers. But as profits soar , orders pile up and European governments plan to drastically increase defense spending , there has been a shift in how willing some ESG-focused fund managers are to increase their exposure to the industry. "I think it would be unreasonable to say, in the context of the world today that companies should not be investing in defense, because I think it's become it's as much a part of in fact, security and sovereignty is as a part, as much a part of ESG as anything else," Sipahimalani told CNBC in Wednesday's interview.
Business Upturn
02-07-2025
- Business
- Business Upturn
ZA Miner Emerges as a Top Choice for Short-Term Crypto Passive Income in 2025
By GlobeNewswire Published on July 2, 2025, 20:28 IST London, United Kingdom, July 02, 2025 (GLOBE NEWSWIRE) — With the surge in interest around passive income solutions amid global inflation and volatile crypto markets, ZA Miner has quickly positioned itself as a trusted, high-growth platform in the mobile cloud mining space. The UK-registered company has recorded significant user growth in the first half of 2025, surpassing 1 million global users and drawing attention from both first-time crypto earners and seasoned investors looking for shorter, automated returns. While most platforms focus on long lock-in periods or complex mining setups, ZA Miner is taking a different route—short-term contracts, daily payouts, and full automation —making it easier for individuals to earn without needing technical knowledge, trading experience, or expensive hardware. What Makes ZA Miner Different? ZA Miner provides a plug-and-play approach to crypto mining. Its platform is accessible via mobile and web, allowing users to activate a mining contract in just a few clicks and start receiving daily profits without doing anything in return. Here's what stands out: Short-Term Contracts : One of the few platforms offering high-yield contracts as short as 1–3 days, making it ideal for users looking for fast turnover and limited risk. : One of the few platforms offering high-yield contracts as short as 1–3 days, making it ideal for users looking for fast turnover and limited risk. Daily Income Payouts : Users earn and withdraw daily, avoiding long lock-ins or delayed earnings. : Users earn and withdraw daily, avoiding long lock-ins or delayed earnings. Green Energy Infrastructure : All mining is powered by renewable energy sources, primarily solar and hydro, aligning with ESG-focused investor values. : All mining is powered by renewable energy sources, primarily solar and hydro, aligning with ESG-focused investor values. Real-Time Monitoring: Users can check earnings, balance, and contract performance through the official app or web dashboard, anytime. Security First: Enterprise-Level Protections Security is a priority at ZA Miner. The platform uses: Bank-level EV SSL encryption Cloudflare® anti-DDoS protections Cold wallet storage for digital assets Two-factor authentication (2FA) across accounts This infrastructure provides users with peace of mind, especially those who are new to cloud mining or investing online. Platform audits and transparent income reporting are conducted regularly to meet international compliance and financial safety standards. Strong User Growth in 2025 ZA Miner's rapid user adoption has been one of its most notable achievements this year. According to internal reports, over 1 million users joined globally between January and June 2025, with strong traction coming from Asia, Africa, and Eastern Europe. This momentum reflects growing demand for simplified, mobile-first crypto-earning platforms, especially as younger investors and gig workers look for scalable alternatives to traditional finance. Who Should Use ZA Miner? ZA Miner is ideal for: First-time crypto users who want to test passive income tools without financial risk who want to test passive income tools without financial risk Side-income seekers who want short contracts with quick returns who want short contracts with quick returns Professionals looking to diversify income without trading or market timing looking to diversify income without trading or market timing Green-conscious investors who value clean-energy-backed platforms who value clean-energy-backed platforms Crypto investors wanting a fully automated way to earn from coins like BTC, ETH, DOGE, LTC, XRP, and USDT With low starting capital and risk-free trial contracts available for new users, ZA Miner lowers the barriers significantly for anyone curious about crypto mining but hesitant to dive in with large upfront investments. Short-Term Contract Here are a few current options available directly on the platform: Plan Type Cost Duration Total Return Trial Plan $100 (free for new users) 1 Day $102 Starter $1,000 3 Days $1,086 Advanced $7,000 7 Days $8,400 Enterprise $58,000 30 Days $93,200 All plans are automated, and earnings are credited daily. Users can withdraw anytime or reinvest for compound returns. Getting Started is Simple New users receive a $100 mining bonus after registering, which can be used to activate a trial plan immediately. Register at your contractMonitor or reinvest your daily earnings Manage everything through ZA Miner's mobile app (iOS and Android supported) ZA Miner is Redefining Crypto Mining for the Everyday User At a time when financial independence is top of mind for many, ZA Miner offers a practical, accessible, and low-risk solution to participate in the crypto economy. With short-term flexibility, high security, and rapid growth to back its credibility, ZA Miner stands out as one of the most relevant crypto platforms in 2025. Official Website: Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
AllAfrica
19-06-2025
- Business
- AllAfrica
Why capital is flooding into Asia's emerging markets
In a year dominated by policy instability and asset repricing across developed economies, global capital is shifting course. The momentum now sits with Asia's emerging markets, where renewed economic strength, demographic force and valuation advantages are converging. Allocations are rising fast, as major institutional investors rewire their strategies toward regions with clearer prospects and fewer distortions. Much of this movement is driven by contrast. While political gridlock and policy unpredictability continue to define key developed markets, Asian economies are showing signs of coordination and forward planning. Central banks in countries like India, Indonesia and the Philippines adjusted rates earlier, took measured fiscal decisions and maintained external buffers. These policy choices are now being rewarded by markets. The investment case across Asia is also built on more than just macro discipline. Valuations remain compelling. Equity multiples across emerging Asia trade at steep discounts to long-term averages and to their global peers. This is drawing in funds that are tired of crowded trades and thin upside in overvalued sectors elsewhere. Portfolio managers are rotating into regions that offer both room for expansion and more clarity on direction. This is being reflected in the numbers. The latest data from global fund manager surveys shows allocations to emerging markets at their highest point in nearly two years. Within that, flows into Asia have dominated. From direct investment to sovereign debt to ESG-focused products, Asia is attracting capital across the spectrum. Supply chain realignment is accelerating this move. The tariff regime reintroduced by US President Donald Trump—targeting several Asian nations with steep import duties—is prompting strategic reassessments. Rather than pulling investment out of the region, the shift is reinforcing its importance. Firms are diversifying across multiple countries, with Vietnam, India, Malaysia and Bangladesh becoming core industrial hubs. Regional integration, more than global decoupling, is now the dominant theme. India is growing its influence quickly. The economy continues to post strong GDP growth, supported by rising domestic consumption, digital infrastructure expansion and steady market reforms. Vietnam is another standout. Manufacturing exports are rising, capital investment is climbing, and institutional interest is scaling up. Across Southeast Asia, demographic depth and upward mobility are building a long-term consumption story that's already underway. Attention is also turning to less conventional destinations. Central Asian markets like Uzbekistan are gaining serious interest. Investment banks have highlighted its external debt as a strong pick, underpinned by rising gold revenues, a smaller fiscal gap and upgrades to sovereign credit ratings. The country's economic profile—low debt levels, strong resource backing, and an increasingly modern regulatory framework—is turning it into a surprising beneficiary of broader market reallocation. Investors are also taking notice of ESG-linked opportunities. Asia's emerging economies are becoming core components of new green and social bond funds launched by some of the world's biggest financial institutions. These products are driving institutional re-engagement with regions that were previously underweighted. Asian issuers are proving that ESG-linked capital can be matched with credible projects and policy backing. Currency risks, policy friction and election cycles will remain part of the picture. But investors are recalibrating how they assess such risks. Price dislocations, cleaner balance sheets and increasing regional coordination are tilting the scales. Capital isn't chasing novelty, it's moving toward resilience, scale and depth. And emerging Asia offers that in ways few other regions can. The region's markets are liquid, its governments are investing in infrastructure and technology, and its economies are participating more actively in the realignment of global trade and finance. Investors are no longer benchmarking Asia against old models; they're assessing it on its own terms. And this reweighting is gaining speed. The shift in capital is visible, deliberate, and likely to accelerate. Asia is asserting itself as a primary arena for global investment, with momentum, increasing policy clarity and structural demand on its side.
