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 1 hour ago

(3BL Media/Justmeans) – For many companies around the world, corporate sustainability primarily means making a conscious effort to support local environmental protection, employee welfare and community programs. However, a few companies such as IBM are driven by a mission to make a pervasive impact across the global environmental, social and economic landscape and transform the planet.

While a majority of companies today prefer to use terms such as corporate sustainability to describe their social and environmental function, IBM continues to use “corporate citizenship,” a term they continually re-define. As a corporate citizen, IBM is working with a...

2 days 17 hours ago

(3BL Media/Justmeans) – In recent years, large farming companies such as Monsanto, DuPont and Deere and Company have increasingly invested in innovative technologies and even acquired startups dedicated to improving the sustainability of global food production. Between 2013 and 2014, the interest of Silicon Valley investors such as Kleiner Perkins, DBL Investors and Google Ventures in backing innovative agro-based startups also doubled in terms of deal size, according to the Cleantech Group.

Given the demand for sustainable food production, agriculture is now becoming a high-tech enterprise. Availability of advanced sensors, wireless networks, and large...

4 days 1 hour ago

(3BL Media/Justmeans) – Investments that have a social or environmental benefit have grown substantially in the last few years. A recent report from the Washington-based Forum for Sustainable and Responsible Investment said that socially responsible investment assets in the U.S. stood at $7 trillion in 2014, registering an increase of 76 percent over 2012. A significant portion of these investments are aimed at helping developing countries.

JP Morgan and Global Impact Investing Network released a survey report in May, which said that almost 50 percent of the $60 billion in impact investments managed by respondents was invested in emerging markets....

1 week 14 hours ago

(3BL Media/Justmeans) – Timber is commonly used in indoor and outdoor furniture in homes and offices, flooring and decorative products, and toys and musical instruments. Innovative technologies involve the use of timber in diverse products such as composites for construction, pharmaceuticals, bio-plastics, and liquid bio-fuels. Sustainably managed timber sourcing can help to reduce carbon dioxide levels, support forest-dependent communities, and protect biodiversity and other ecosystem services.

A new report by the World Wide Fund for Nature (WWF), called the WWF-UK 2015 Timber Scorecard, looks into how companies in the UK are sourcing timber....

1 week 2 days ago

(3BL Media/Justmeans) – According to the White House figures, American women on average earn $0.77 for every dollar earned by men. The pay gap is even wider for women of color and ethnic descent. This harsh reality continues to exist despite the 1963 passage of the Equal Pay Act, which requires men and women to receive equal pay for equal work at the same place of employment.

However, some companies, both large ones and SMBs, are making a conscious effort to address gender-based wage disparities. Marc Benioff, CEO of Salesforce said that he was methodically combing through the pay of all 16,000 of the company’s employees to ensure that the women and men...

1 week 4 days ago

(3BL Media/Justmeans) – The world’s ocean life is getting depleted rapidly. Nearly 90 percent of all large, predatory fish have vanished forever from the world’s oceans. According to Ocean Wise, the only solution is to turn back from the brink, and to begin consuming seafood in a sustainable manner.

Greenpeace has tracked the global fishing industry as well as seafood retailers for many years to assess the progress toward sustainable seafood. In its ninth edition of the “Carting Away the Oceans” report, Greenpeace says that significant progress has occurred since the report was launched in 2008. Many of the largest seafood retailers in the U.S...

1 week 5 days ago

(3BL Media/Justmeans) – “A picture says more than a thousand words,” goes the timeless adage. In an era of information overload, where attention spans have become shorter, it requires creativity and out-of-the-box thinking to attract and retain your audience’s interest. Unless your CSR report goes beyond the customary PDF, stands out in a crowd, and presents information in a digestible format, it runs the risk of losing the attention of a lot of potentially interested readers.

The newly released 2015 Cone Communications/Ebiquity Global CSR Study says that although 82 percent of Americans expect companies to report on the progress of their CSR efforts,...

1 week 6 days ago

(3BL Media/Justmeans) – Recently, UN Global Compact Executive Director Georg Kell said that companies around the world have been awakening to their role in society over the past 15 years, but the world needs to move much further, much faster. Sustainable business practices must evolve rapidly, he said, and it is time to accelerate and scale up. 

In sync with this global vision to move faster on the path of sustainability, Owens Corning has been making rapid strides in various spheres and making a substantive impact. The company has now announced strong progress in reducing its environmental footprint and expanding its positive handprint by...

2 weeks 12 hours ago

(3BL Media/Justmeans) – At present, the U.S. has 5.6 million youth in the 16-24 age group who are out of school and not working. On the other side, currently 3.5 million American jobs that do not require a four-year degree remain unfilled. However, young people are often unaware of these existing employment opportunities, and do not know the steps that they need to take in order to get these jobs. At the same time, many employers do not have clear strategies to effectively recruit, train and retain young workers.

To address this situation, over a dozen leading American companies have now announced the formation of the “100,000 Opportunities Initiative.” The project aims to become the...

2 weeks 1 day ago

(3BL Media/Justmeans) – Sustainable procurement has become increasingly critical to improving brand image, establishing a competitive advantage, and boosting the bottom line. According to the awareness group Action Sustainability, about 60 to 80 percent of a company’s total expenditure is on its supply chain. Sustainable procurement is no longer just about choosing responsible suppliers, but it is more about engaging closely with them to drive innovations in design, production, packaging, labor, and transport.

Global coffee industry leaders such as Nestle and Starbucks have recognized the importance of investing in sustainable procurement to reap long-...