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 12 hours ago

(3BL Media/Justmeans) – Blended finance is the new buzzword that can be heard with increasing frequency at the meetings of the IMF, the World Bank or the World Economic Forum. It includes a combination of public and private financing along with charity funds to make money available for worthy global causes.

The goal of blended finance is to support critical developmental and sustainability projects in areas where private investors are reluctant to take initiative because the returns are either hard to monetize or the risks are too high. However, once the public funds are made available to such projects and demonstrate viability, private financing follows...


2 days 20 hours ago

(3BL Media/Justmeans) – Knowing how sustainably companies conduct their business has become increasingly important for shareholders, investors and customers. As the stakeholders seek deeper insight into the impact of a company’s business on the environment and society, companies can improve their credibility and trust with transparent disclosure of ESG performance. Forward-looking companies are already preparing to meet more rigorous disclosure expectations from stakeholders and gain a competitive advantage over others.

Governance & Accountability Institute has partnered with Bloomberg LP to examine ESG disclosure data for S&P 500...


5 days 13 hours ago

(3BL Media/Justmeans) – The landmark climate agreement reached at the Paris summit in December 2015 between 196 countries was the culmination of a series of commitments made by governments, corporations and nonprofits to work toward the green transition of the world economy.

As the world begins its transition from the fossil-fueled industrial era to the age of renewable energy, it is time for effective “transition management” to ensure that the grassroots agenda codified in the 17 Sustainable Development Goals (SDGs) is smoothly accomplished.

Ethical Markets Media’s “Green Transition Scoreboard” (GTS) is a unique measure to track the...


6 days 29 min ago

(3BL Media/Justmeans) – Employee ownership business models have increasingly attracted attention since the financial crisis of 2008 when corporate governance came to be recognized as a critical element to a company’s long-term survival. In the UK, the number of employee-owned companies has been rising at an annual rate of 10 percent; the U.S. is not too far behind with an annual growth rate of six percent.

John Lewis Partnership, which owns the UK grocery chain Waitrose, is an outstanding example of a company that has created a unique governance system where each of its 91,500 employees is a partner and gets a voice in the business they co-...


1 week 1 day ago

(3BL Media/Justmeans) – This is a pivotal moment for companies looking to accelerate their adoption of renewable energy. The steady drop in the prices of renewables means that corporate sustainability in energy can bring financial benefits as well. Relying on renewable sources ensures that companies can worry less about the energy price volatility that the fossil fuel markets can create.

HP recently announced its pledge to switch to 100 percent renewable power by 2020. Four years ago, Ikea made the same pledge to completely power its stores with renewables by 2020. The fact that both these companies set the same deadline, while their pledges were separated by four years, highlights a...


1 week 2 days ago

(3BL Media/Justmeans) – Workforce diversity and inclusion are widely recognized today as a vital driver of business growth and innovation. According to a McKinsey study, companies with diverse managements achieve considerably higher earnings and deliver greater shareholder value.

DiversityInc has released the list of 2016 Top 50 Companies for Diversity to honor companies that have demonstrated an exemplary commitment to diversity across various aspects of their business. More than 1,800 companies participated in the survey in 2016. The survey, now in its 17th year, leads to a detailed, empirically driven ranking.

DiversityInc...


1 week 3 days ago

(3BL Media/Justmeans) – According to UN Global Compact, it is crucial for companies to set specific, time-bound goals for their corporate sustainability efforts. These goals must be made public as commitments to society so that stakeholders recognize the in-depth contribution a company is making to sustainable development.

Wells Fargo has announced an integrated CSR strategy to address global social, economic and environmental challenges over the next five years through products and services, culture and operations, and philanthropy. The company has made new commitments in home and small business lending, community investment, operational...


1 week 4 days ago

(3BL Media/Justmeans) – According to the UN, nearly 800 million people go to bed hungry every night. Hunger and malnutrition represent the biggest health risk worldwide. The good news is that it is entirely possible to solve the problem of hunger. Today’s knowledge, combined with will of the governments and corporate organizations, can solve the problem. 

Yum! Brands has just released its 2015 Corporate Social Responsibility (CSR) Report, which showcases the company’s efforts to feed the world through sustainable food production and waste reduction. The report outlines the progress the...


2 weeks 58 min ago

(3BL Media/Justmeans) – For a long time, sustainable investing was perceived as a niche asset class confined only to a select group of high net worth individuals and institutions that wanted to build an environment-friendly image. However, now mainstream financial companies and investors are recognizing sustainable investing as a rapidly growing profitable segment that will lead the world to an economically vibrant future.

Building on this trend, Morgan Stanley’s Institute for Sustainable Investing and Kellogg School of Management present the Morgan Stanley Sustainable Investing Challenge each year, creating an...


2 weeks 2 days ago

(3BL Media/Justmeans) – Globally, the births of more than 50 million children – representing 40 per cent of the total births worldwide – go unregistered each year. Without formal registration, children are unable to access vital services. They are also more vulnerable to exploitation, violence and abuse. The importance of legal identity has also been recognized in the Sustainable Development Goals.

Simprints, an innovative technology company with a vision to build a sustainable yet profitable business, has developed a biometric fingerprint scanner and software package to allow some of the most vulnerable people in the world to access basic...


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