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 7 hours ago

(3BL Media/Justmeans) – The Ethisphere Institute has come out with its annual list of the “World’s Most Ethical Companies.” The list includes 144 winners, with companies ranging from Ford Motor, Kellogg and Microsoft in the U.S. to IHCC, a Saudi hospital construction company, All Good Organics, a food company in New Zealand, and PKN Orlen, a Polish oil refining company.

Ethisphere released the list of winners at a two-day Global Ethics Summit, which saw the convergence of about 300 corporate managers, executives and lawyers concerned with the area of ethics compliance. Ethisphere has been bringing out the list for the last eight years. The listing provides an...

1 day 13 hours ago

(3BL Media/Justmeans) – Sustainable products such as organic foods and specialty apparel typically lack economies of scale, which means companies are compelled to position them in the premium segment for upper-income consumers. The use of organic farming, energy-efficient technologies and fair trade sourcing usually puts a premium price on these products.

However, with large retailers such as Wal-Mart and Target embracing sustainability as a key driver of revenue growth, the perception about sustainable goods as “expensive products” is set to change. Both of these giant retailers are increasingly backing up sustainable products with their huge economies of scale and financial might to make...

4 days 14 hours ago

(3BL Media/Justmeans) – Deloitte LLP has released its third annual “Core Beliefs & Culture” Survey that highlights a key connection between a strong sense of purpose and business confidence, profit and investment. The survey findings show that companies that are driven by a strong sense of purpose are more confident in growth prospects, while others focus on short term monetary goals.

Businesses that work with a clear purpose to deliver positive impacts for stakeholders – including clients, employees, investors and community – tend to achieve sustained business success. The research also highlights a need for business leaders to...

6 days 2 hours ago

(3BL Media/Justmeans) – Southwest Airlines (NYSE: LUV) has launched a “Heart of the Community” program to revitalize and activate public spaces in the heart of American cities. Southwest has partnered with Project for Public Spaces (PPS), the organization behind an innovative “Placemaking” movement that re-imagines public spaces as the heart of every community. Through its support to Placemaking, Southwest will reconnect people and places to generate social, environmental and economic benefits in communities across the country.

Southwest, along with PPS, will build upon the success of its pilot projects in Detroit and Providence in 2013 to extend the...

6 days 11 hours ago

(3BL Media/Justmeans) – Procter & Gamble Co. announced its commitment to source sustainable palm oil for all its products. The company has pledged to work with palm oil suppliers and farmers in Indonesia to ensure that rainforests that are home to endangered species are not destroyed. P&G will require its suppliers to submit plans that spell out the steps they will take to ensure no deforestation in the supply chain for their mills by 2020.

P&G uses palm oil in brands such as Head & Shoulders shampoo, Gillette shaving gel and Olay skin care products. The company was the target of a high profile protest by the environmental advocacy group...

1 week 2 hours ago

(3BL Media/Justmeans) – Harvard University has announced a string of new initiatives aimed at improving environmental sustainability and promoting renewable energy. The university has said that its endowment will be the first among US universities to sign on a United Nations-backed organization, Principles for Responsible Investment.

The principles will provide the university’s endowment fund managers with a method to evaluate environmental and social factors, ranging from water scarcity to human rights. Harvard president, Drew Faust, said in a letter to the Harvard community that as a university, it has a special obligation and accountability to the...

1 week 2 days ago

(3BL Media/Justmeans) – A new report released by Greenpeace says that Google, Apple and Facebook are spearheading the efforts to power the Internet with 100 percent renewable energy. The report titled “Clicking Clean: How Companies are Creating the Green Internet” details how these Internet leaders along with a growing number of other tech companies have brought about a key shift in the choice of energy sources over the last two years.

Greenpeace says that the stakes are high to make a shift to a greener Internet. If the Internet were a country, its electricity demand would currently rank sixth. Industry estimates show that Internet data is expected to...

1 week 6 days ago

(3BL Media/Justmeans) – Three out of four Americans consider sustainability as an important factor when deciding which foods to buy, according to the 2014 Food Issue Trend Tracker released by Cone Communications. People are increasingly willing to compromise on food choices and costs in order to eat more consciously. While family satisfaction continues to be the top priority for 97 percent of the shoppers, 93 percent of them also consider health and nutrition, and 77 percent also consider sustainability as vital factors while making food purchasing decisions.

Local produce, sustainable packaging, animal welfare, non-GMO and eco-friendliness are some of...

2 weeks 3 hours ago

(3BL Media/Justmeans) – Aramark Building Community is the signature volunteer and philanthropic program of Aramark Corporation, a Fortune “World’s Most Admired Company 2014,” and an Ethisphere “World’s Most Ethical Company 2014.” Through Aramark Building Community, the company enriches communities by helping to improve family health, prepare youth and adults for work, and support individuals and families working their way out of poverty.

Since its inception, the Aramark Building Community program has expanded to 52 cities around the world, making an impact on the lives of more than four million individuals and families, and engaging thousands of employee...

2 weeks 6 hours ago

(3BL Media/Justmeans) – The United Nations Environment Program (UNEP) has launched a new global program called the “10-Year Framework of Programs on Sustainable Consumption and Production,” or 10YFP. The first leg of this ambitious project, called the Sustainable Public Procurement (SPP) Program, is designed to help governments redirect public spending into areas that bring significant environmental and social benefit, and promote a more resource-efficient world.

The SPP Program will be co-led by UNEP, ICLEI – Local Governments for Sustainability, and the Korea Environmental Industry and Technology Institute (KEITI). It will help bring about the shift...