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 6 hours ago

(3BL Media/Justmeans) – According to the EPA, plastics constitute almost 13 percent of the municipal solid waste stream, a dramatic jump from one percent in 1960. In 2012, the total plastic waste generated in the U.S. was 32 million tons, out of which only nine percent was recycled. The automobile industry has a significant opportunity to use recycled plastics and help keep them out of landfills to preserve the environment.

As an industry leader committed to sustainability, Ford Motor Company has been using post-consumer recycled plastics for its vehicles. According to the company’s 2013 Sustainability Report, it used over 50 million pounds of recycled...

3 days 22 hours ago

(3BL Media/Justmeans) – International hospitality chains stand to benefit in multiple ways by embracing sustainability as an integral part of their business strategy. Sustainable practices not only help to reduce a hotel’s carbon footprint, but also serve as a strong selling point for the environmentally conscious guests. A study conducted by Legrand showed that in many countries, energy is now the second-largest expense for hotels after staff. Investing in energy savings is an effective way to reduce operational costs.

Hilton Worldwide’s responsibility and sustainability strategy, “Travel with Purpose,” is marked by its commitment to “Living Sustainably.” As a part of this commitment,...

6 days 9 hours ago

(3BL Media/Justmeans) – A majority of leading companies outsource accountability with regard to their sustainability policies and practices to third-party certification groups. However, 3M has announced an unusual, against-the-trend decision to stop outsourcing accountability, and adopt a more comprehensive, even if more expensive, approach of doing its own screening, auditing and reporting throughout a vast supply chain.

3M, which manufactures Post-Its, masking tape, and other products using wood fiber, will end its reliance on assessments by third-party groups, which, in some quarters, may be regarded as “greenwashing” arms of large logging companies...

1 week 8 hours ago

(3BL Media/Justmeans) – The share of solar, wind, geothermal, hydropower, biomass, and waste-to-energy technologies is on the rise in total world energy output as costs reduce and companies seek to limit their environmental footprint. A number of global companies, including Apple, Google, IBM, Walmart, IKEA, and Dow Chemical, are at the forefront of this growth, despite the continuing challenges of grid integration, supplier consolidation, and subsidy reduction.

Last week IBM announced a pledge to source 20 percent of its power from a mix of large and small solar, hydro, and biomass installations by 2020. According to the company, with this goal it is effectively obliged to “contract”...

1 week 21 hours ago

(3BL Media/Justmeans) – Universities around the world have a significant environmental impact. As leaders in education and knowledge development, universities also have a unique responsibility to lead and show by example how sustainability can be integrated across operations, research and teaching.

Yale University has recognized its critical role in addressing the challenges of global climate change and resource scarcity. The university has committed to investments in energy conservation and GHG reduction, creating fellowships to spur innovation in the area of sustainability, and carrying out ambitious actions that are a part of its Sustainability Strategic Plan.

Yale is on track to...

1 week 2 days ago

(3BL Media/Justmeans) – The fashion industry worldwide is going through a big shift to support sustainability. Many of the leading apparel brands have woken up to the environmental hazards posed by the use of toxic materials and waste generation as well as concerns over worker health and safety. Sustainable sourcing, modernized manufacturing, and improving worker health and safety are critical to raising the bar on sustainability across the industry.

Greenpeace has evaluated some of the global clothing companies that have announced “Detox” commitments in recent years to position themselves as sustainable and responsible fashion brands. Greenpeace has identified “Detox Leaders” who are...

1 week 3 days ago

(3BL Media/Justmeans) – One of the key impediments to more equitable economic development in Asia is inadequate access to formal financial institutions such as banks, credit unions, post offices and cooperatives. Unequal access to the Internet or the “digital divide” makes online and mobile banking also challenging in the vast rural regions across Asia. According to the Asian Century Institute, only 55 percent of adults in East Asia have access to the formal financial sector, while access in South Asia is as low as 33 percent.

Recognizing the scale of this problem, MetLife Foundation has announced its exclusive sponsorship and launch of “The Financial...

1 week 4 days ago

(3BL Media/Justmeans) – Investors have been increasingly showing an inclination to develop portfolios that offer competitive financial returns while also promoting sustainability. Particularly, over the last decade, a new wave of investors representing billions of dollars in capital has emerged that specifically seeks innovative alternative investment vehicles with measurable, direct ESG impacts.

A new survey published by the Morgan Stanley Institute for Sustainable Investing corroborates this trend. According to the survey, seventy-one percent of active individual investors have shown an interest in sustainable investing, and nearly two in three...

1 week 4 days ago

(3BL Media/Justmeans) – Sustainability-related trends are transforming the way businesses manage economic, environmental and social opportunity and risks to achieve global competitive advantage and long-term stakeholder value. Challenges such as climate change and resource scarcity are redefining societal expectations, and hence business environment and strategy.

Bacardi’s premium gin brand Bombay Sapphire is setting new standards in industrial sustainability at its new distillery at Laverstoke Mill in England. From the outset, Bacardi had drawn up ambitious plans to create an outstanding model of sustainability when it set out to...

1 week 5 days ago

(3BL Media/Justmeans) – According to the CDC, automobile accidents are the leading cause of teen deaths in the U.S., with over 5,000 deaths each year. Teen drivers in the age group of 16 to 19 are nearly three times more likely than drivers aged 20 and older to be in a fatal crash. Twelve percent of the vehicle accidents involve inexperienced drivers and tire-related issues such as insufficient tire tread or improperly inflated tires.

Michelin and Federation Internationale de l’Automobile (FIA) have launched a new grant program to improve the safety of teen drivers by teaching proper tire maintenance. At the recent Formula E Miami ePrix, they announced that ADTSEA (the American Driver and...