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 5 hours ago

(3BL Media/Justmeans) – Apart from ideological reasons to invest in companies with a lower environmental footprint, investors also have strong business reasons. Companies with a serious climate change focus typically have robust corporate governance. Over time, this translates into exceptionally high and consistent returns for the investors. 

According to a new report published by the world’s largest asset manager BlackRock, businesses that have been at the forefront of improving their carbon efficiency for the last three years have dramatically outperformed the ones that have been laggards in this area.

The report analyzed the stock market performance of over 1,850 companies that...

1 day 13 hours ago

(3BL Media/Justmeans) – According to the Food and Agriculture Organization (FAO), the world has the capacity to produce enough food to feed everyone adequately. However, nearly 800 million people still suffer from chronic hunger, despite the progress made over the last two decades. More than 160 million children below five years of age continue to be chronically malnourished.

To boost international food security, global chemical giant DuPont has announced a new set of sustainability targets for 2020, which include an investment of $10 billion in sustainable food R&D. DuPont’s commitment to sustainability and innovation also includes an introduction of 4,000 new products by the end of...

5 days 43 min ago

(3BL Media/Justmeans) – Corporate ethics professor Stephen Brenner writes in The Journal of Business Ethics that all organizations have ethics programs, but most do not know that they do. A business ethics program must be made up of values, policies and activities that impact the propriety of organization behaviors. Ignoring ethical values or creating an environment of fear at the workplace can discourage employees from speaking up on ethical matters.

The Institute of Business Ethics (IBE) has published its Ethics at Work Surveys for Britain, France, Germany, Italy and Spain. The survey shows that about half of employees who aware of misconduct do not voice their concerns....

6 days 3 hours ago

(3BL Media/Justmeans) – World’s leading companies with a strong brand heritage and extensive presence across continents can leverage their power to transform the world for the better. They can drive sustainability not just in terms of mitigating their environmental footprint, but also by making a positive social and cultural impact in the communities where they operate.

Heineken, with a colossal history of 150 years behind it, has recognized this responsibility and is creating shared, sustainable value through its Brewing a Better World program. Heineken USA’s 2014 Sustainability Report details the company’s efforts in six key areas:...

1 week 1 day ago

(3BL Media/Justmeans) – The environmental footprint of global companies has an economic cost that affects their valuations and competitiveness. The risk of environmental damage increases when these companies have a substantial presence in emerging markets. Even institutional investors with significant exposure to emerging markets may have liabilities for unsustainable operations in the developing world.

The challenges for sustainable investing in emerging markets are often quite different than in developed markets because of the unique nature of emerging economies. Poorer countries tend to be more dependent on natural resources, and transforming those resources into goods and services tends...

1 week 2 days ago

(3BL Media/Justmeans) – The best ways for companies to demonstrate their commitment to combat climate change include taking specific actions to reduce their carbon emissions, increase the use of renewable energy such as solar and wind, and clamp down on deforestation.

In a new survey of sustainability experts, 90 percent of respondents said that companies would need to play as big of a role as national governments in combating climate change to prevent environmental disaster.

The 2015 Climate Survey, by research consultancy GlobeScan and thinktank SustainAbility, asked 624 sustainability experts from 69 countries about their expectations ahead of the United Nations’ Climate Change...

1 week 3 days ago

(3BL Media/Justmeans) – Buildings use nearly 40 percent of all energy in the U.S. today. With the growing need of corporate real estate buyers and tenants across the spectrum to reduce their carbon footprint, construction of new energy-efficient buildings as well as retrofitting of existing buildings offers an unprecedented opportunity to the real estate sector.

According to a new U.S. Green Building Council (USGBC) study from Booz Allen Hamilton, the green building sector is outpacing overall construction growth in the country and will account for over 2.3 million American jobs this year alone. The study called the 2015 Green Building Economic...

1 week 4 days ago

(3BL Media/Justmeans) – Government regulation of hazardous chemicals in the US has long lagged behind Europe’s, with far fewer banned chemicals. However, increasing consumer demand for sustainable products is managing to what the federal and state governments have struggled with for years. Large retailers and personal care and cosmetic companies in the US are taking responsible action when it comes to chemicals.

Bed, Bath & Beyond recently announced it was creating a list of restricted ingredients that it will avoid in its products. The company published the list on its website, and also sent it to its vendors with instructions for a regular review. It is recommending that vendors...

2 weeks 14 hours ago

(3BL Media/Justmeans) – Every year, about eight million tons of plastic waste gets deposited in the oceans. Unless this rate is checked, in just 10 years from now there may be one ton of plastic for every three tons of fish in the sea. Most of this plastic breaks into smaller pieces in the ocean, where the fish easily confuse it with food.

To address this growing challenge, the Ocean Conservancy and the Dow Chemical Company have joined hands to form the Trash Free Seas Alliance. The goal of the Alliance is to resolve the problem of ocean plastic, while it recognizes the necessity of plastics in the world. At present, recycling of plastic continues to be an economically challenging...

2 weeks 1 day ago

(3BL Media/Justmeans) – Food waste continues to be a global challenge despite industry-wide efforts to reduce it. Every year, about 80 billion pounds of food are discarded in the U.S. The EPA issued a telling statement about the situation in September when it said, “Let us feed people, not landfills.”

To address this challenge more efficiently, the Food Waste Reduction Alliance (FWRA) has launched the 2015 Best Practices and Emerging Solutions Guide. The guide includes practical solutions and examples to help food manufacturers, restaurants and retailers to cut food waste.

The guide contains insights and case studies contributed by over 30...