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

2 days 17 hours ago

(3BL Media/Justmeans) – Nearly 15 percent of Americans fall below the poverty line, which is set at about $24,000 a year for a family of four. Historically, foundations have helped the disadvantaged by granting money to nonprofits to provide social services. But now, some are supporting for-profit enterprises that aim to bridge the glaring income gap between those at the top and the bottom of the pyramid.

Acumen, a New York-based nonprofit global venture fund, has announced it has begun investing in U.S. startups aimed at serving underprivileged Americans. Its first two portfolio companies are WorkAmerica, a technology platform that connects community college students to employers, and...

3 days 1 hour ago

(3BL Media/Justmeans) – Sustainable manufacturing is not just about transforming products by using more eco-friendly materials, but also about how to make them using green technology, renewable energy, skilled labor and sustainable innovation. The key to achieving this is through building more sustainable factories that place highly trained, engaged and valued workers at the center.

Nike's recent Sustainable Business Report 2015 details strong progress against the company's environmental and social targets and sets a vision for a low carbon, closed-loop future as part of the company's growth strategy. Nike has also set new ambitious goals for 2020 spanning environmental impact areas...

4 days 17 hours ago

(3BL Media/Justmeans) – Following the restoration of diplomatic relations between the U.S. and Cuba, a great new tourism opportunity is about to unfold. As the interest of Americans grows in exploring this pristine Caribbean destination, it will face an invasion in the form of new cruise line stops, new commercial flights from the U.S., and the development of hotels and other tourism infrastructure.

However, to ensure sustainable tourism development in Cuba, it is critically important to address challenges such as cruise traffic, coastal occupation and overfishing. The country needs infrastructure to handle the large number of tourists who will be arriving in ports and marinas from both...

5 days 1 hour ago

(3BL Media/Justmeans) – For any company, it is critically important to understand the priorities of its investors. Companies readapt their corporate strategy and behavior based on their understanding of investor interests. Corporate sustainability is increasingly important for investors, as evidence grows that companies' ESG performance has an impact on long-term financial success.

The Boston Consulting Group’s seventh sustainability report in collaboration with MIT Sloan Management Review presents an in-depth analysis of investors’ new ability to connect sustainability performance with corporate performance and identifies what corporate...

6 days 15 hours ago

(3BL Media/Justmeans) – The global textile industry is valued at over $1 trillion, ranking as the second largest industry in terms of intensity of trade. Textiles are also the fastest growing sector in household waste. Discounting and low retail prices over the last two decades have led to a dramatic increase in the consumption of clothing, with a resultant rise in textile waste from the consumer. More than three million tons of textiles are thrown away each year in the EU alone.

To address this growing challenge of textile waste, VTT Technical Research Center of Finland and Aalto University are participating in an EU project called Trash...

1 week 1 day ago

(3BL Media/Justmeans) – In the run-up to the historic COP21 climate agreement at Paris in December 2015, more than 180 countries submitted pledges on climate action – the Nationally Determined Contributions, or NDCs. Countries are now ready to move with increasing urgency to develop more sustainable energy and transport systems, strengthen the resilience of their cities, and prepare people, public services and infrastructure for climate shocks to come. 

To help countries meet this challenge, the World Bank Group has adopted a new Climate Change Action Plan. The plan lays out concrete actions to help countries deliver on their NDCs and sets...

1 week 2 days ago

(3BL Media/Justmeans) – Sixty percent of the largest U.S. businesses have established public sustainability and clean energy goals. Companies no longer want to rely on unstable fossil fuels, and are looking for ways to increase energy efficiency through low-cost clean energy options. True corporate sustainability also requires courage to support smart policy changes to preserve the environment.

A growing number of companies are throwing their weight behind the EPA’s Clean Power Plan (CPP), which is a path-breaking step in the U.S. history toward reducing climate pollution. The latest companies to declare their support for the CPP include IKEA, Mars, Blue Cross Blue Shield MA and Adobe,...

1 week 5 days ago

(3BL Media/Justmeans) – Capital infusion into sustainable infrastructure and innovation has emerged as an important strategy to drive job creation globally. The direction provided by governments to global markets during the COP 21 summit in Paris was clear that sustainability and environmental concerns will be at the core of future development. Far from being seen as a drag on growth, sustainability is now regarded as an essential component of a recovery process that is more stable and efficient, and better serves the real economy.

According to Achim Steiner, Executive Director of the United Nations Environment Program (UNEP), Europe’s financial system is on the move toward a low-carbon,...

1 week 6 days ago

(3BL Media/Justmeans) – Management guru Peter Drucker famously said: “You can't manage what you can't measure.” Reliable data lies at the core of smart decision-making. However, when it comes to energy efficiency, many companies lack in advanced resources and tools to measure and manage data. This severely limits visibility into the performance of their corporate sustainability initiatives.

According to the International Energy Agency’s 2014 Tracking Clean Energy Progress report, this insufficiency is an ongoing obstacle to tracking and assessing the progress of energy efficiency improvements. Energy Star, a voluntary program of the U.S. EPA to help businesses save money through energy...

1 week 6 days ago

(3BL Media/Justmeans) – Over the past few decades, British business has made significant progress in many areas – from better governance to leading in major industries. However, there are a number of areas where a visionary business approach is necessary to achieve global competitiveness and sustainability. Most importantly, the overall business focus must shift from short-term gains to long-term value creation.

The good news is that an alternative business approach already exists, which focuses on long-term purpose, values and relationships. Tomorrow’s Company has announced the conclusion of its year-long research project into the progress and prospects of British business. The outcome of...