Schnitzer Steel Announced Notable Progress on Sustainability Goals

The production-linked incentive (PLI) scheme for solar PV modules is a positive for domestic original equipment manufacturers and it would help improve cost competitiveness for the domestic industry, rating agency ICRA said on Monday. ‘The benefits available under the PLI scheme along with the imposition of basic customs duty (BCD) on imported solar PV cells and imported solar PV modules are likely to improve the cost competitiveness of domestic PV module manufacturers against imported modules by more than 10 per cent at the prevailing imported module prices, under assumption of backward integration up to cells,” it said in a statement.

At a time of increasing interest in enhanced and evolving sustainability disclosures and broad-based agreement on the immediate need for an established set of collaborative global sustainability reporting standards to supersede the numerous and non-mandatory reporting frameworks which currently exist, being responsive to stakeholder disclosure demands is challenging. However, many companies recognize the need for more robust disclosure to underscore the ability of their businesses to create long term sustainable value. Join BDO and our guests, Bob Hirth, Vice Chair of the SASB, and Andrew Buchanan, BDO Global Head of IFRS and Corporate Reporting, as we discuss the current and future state of corporate reporting from both a global and a U.S.-based lens.