Vikas Vij

Vikas Vij
Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.

Posts by This Writer

1 day 11 hours ago

(3BL Media/Justmeans) – Diversity in top management of a company can deliver tangible benefits, and not just create the image of a good corporate citizen. As the markets become global in character, customers, suppliers, investors, employees and other stakeholders increasingly favor companies that are motivated to build a diverse corporate leadership.

A new study by the University of Missouri and University of Delaware called, “Does Diversity Pay in the Boardroom?,” reveals that while minorities and women are represented on boards of directors of several leading U.S. companies, they often have fewer leadership opportunities within the...


1 week 2 days ago

(3BL Media/Justmeans) – Work is a space where trust – among people of different political persuasions, education levels, races, sexes, ages and sexual orientations – can be fostered. Over the last few decades, some of the best companies have used inclusiveness and diversity to their competitive advantage, and made a compelling business case for why diversity matters.

Great Place to Work, a research and consulting firm, has collected evidence to show that diversity at the workplace fuels increased commitment which is needed for innovation and the attraction and retention of A-team players of all types. The firm has now released its 2016...


1 week 3 days ago

(3BL Media/Justmeans) – Socially responsible investing (SRI) originally began by screening out ‘sin stocks’ such as tobacco and gambling. But over the years, SRI has evolved with deeper integration of environmental, social and governance (ESG) risks and opportunities into investment analysis. Thematic ESG investing now focuses on areas such as climate change and water scarcity, and impact investing aims to generate a beneficial social or environmental impact alongside financial return.

The recently published Market Intelligence paper, “ESG Scrutiny: Lessons from Manager Selection,” by bfinance reveals that the universe of products...


1 week 5 days ago

(3BL Media/Justmeans) – Corporate foundations with a goal to maximize long-term social impact strategically apply their resources, expertise and connections to make a difference. While the parent company can create sustainable change, the foundation is often in a position to provide the practical framework, including social funding, opportunity to innovate, and governance and transparency structures.

Corporate Citizenship has released a new report, The Game Changers: Corporate Foundations in a Changing World, which reveals that corporate foundations are becoming more closely aligned with businesses. The report, based on a global...


2 weeks 1 day ago

(3BL Media/Justmeans) – Many companies traditionally make philanthropic efforts over the holidays. Some of them have heritage campaigns that run every year to mark the holiday season. This season a number of companies launched innovative campaigns and made landmark donation commitments to create an impact.

To herald the holiday season, eBay launched a new initiative called "Gifts That Give Back." This unique program enables nonprofits to ‘sell’ donations on the bidding platform. Donations come in increments of $25, $50, $75 and $100 and eBay does not take a cut from any donations ‘sold’ through this program. The program partner nonprofits...


2 weeks 1 day ago

(3BL Media/Justmeans) – Individuals with an ultra-high net worth (UHNW) constitute a mere 0.004 percent of the world’s adult population. Many of these ultra-wealthy individuals are involved in philanthropic activities and gift-giving, primarily motivated by a personal sense of fulfillment.

In 2015, global giving by the ultra rich grew by three percent, according to a new report from Wealth-X and Arton Capital. The report titled “Changing Philanthropy: Trend Shifts in Ultra Wealthy Giving” found that major giving among UHNW individuals rose to an all-time high in 2015. The report considered people with at least $30 million in net assets as...


2 weeks 5 days ago

(3BL Media/Justmeans) – In the next 15 years, more than two-thirds of total investment infrastructure will be made in cities. By 2050, about 66 percent of the global population will live in urban regions. Africa alone will have about 800 million more people living in cities than today.

The gap between the supply and demand for city infrastructure to meet the needs of a growing urban population is an estimated $1 trillion per year until 2030. Investing in efficient, connected and compact cities with more sustainable public transport systems can spur economic growth while also having a positive impact on the environment.

Research...


2 weeks 5 days ago

(3BL Media/Justmeans) – Having the ability to envision the company’s future is a critical element of successful corporate leadership. Setting bold, long-term goals allows a company to move into new, emerging areas of growth and opportunity and become future-ready. 

A new research study titled “Does a Long-Term Orientation Create Value?” slated to publish in a coming issue of the Strategic Management Journal, supports the view that corporate leaders should focus on long-term gains to attain a dominant market position and create a more secure future.

The study’s authors, Caroline Flammer of Boston University’s Questrom School...


2 weeks 6 days ago

(3BL Media/Justmeans) – According to the EPA, about 55 percent of the 220 million tons of waste generated each year in the US ends in one of the 3,500 landfills. Municipal solid waste landfills constitute the second-largest source of human-related methane emissions in the country.

Microsoft's Redmond, Wash. campus has 33 cafés, 32 espresso cafés, and more than 500 kitchenettes for its 44,000 employees on campus. The campus annually generates 189 million pounds of waste. But the good news is that 99.5 percent of this waste never makes it to a landfill.

Microsoft has now announced that its Redmond campus has achieved the US Zero Waste...


3 weeks 3 days ago

(3BL Media/Justmeans) – Cities around the world are responsible for two-thirds of the world’s GHG emissions and 70 percent of energy consumption. Therefore, the implementation of the Paris climate agreement in full force should begin with a focus on the cities. National and local governments can develop climate action plans and create a transparent system to monitor how the cities are performing.

The World Bank invests more than $5 billion a year to help cities around the globe. According to Steve Hammer, climate change specialist for the World Bank, cities need additional tools and support to put them on a sustainable, resilient, low-...


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