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 months 3 weeks ago

(3BL Media/Justmeans) – CEOs have a key responsibility to ensure that sustainability goals are incorporated into their long-term business strategy. The approach of short-termism is detrimental to their business interests, particularly as consumers, investors and other stakeholders increasingly expect businesses to become a force for societal change and create a long-term legacy.

The inaugural CECP CEO Investor Forum, held recently in NYC, brought this long-term thinking on part of the business heads into sharp focus. Prominent CEOs and executives from different business sectors came together to publicly share first-ever long-term...

2 months 3 weeks ago

(3BL Media/Justmeans) – Digitization is transforming consumer behavior in every sphere of business, including banking. In 2015, mobile surpassed branches for the first time in terms of which platform US customers use to perform their weekly banking.

However, this does not mean the need for human element in banking has diminished. It only indicates a shift in customers’ expectations from their bank. More customers are now looking for personalized support and in-depth conversations related to sophisticated financial products.

Banks should recognize that they cannot entirely replace the physical connection to people. While online and...

2 months 3 weeks ago

(3BL Media/Justmeans) – To control climate change and to create a safe and clean environment, it is critical to make a global transition to a zero-carbon economy. This involves switching over to renewable energy in both homes and commercial buildings across the world.

Developing World Markets (DWM), Church Pension Fund and Wespath Benefits and Investments have invested $60.8 million earmarked for solar home solutions and other forms of renewable energy as well as CO2 and GHG mitigation activities.

The investment has been made in 11 businesses promoting renewable energy and climate solutions across Latin America, Africa and Asia....

2 months 3 weeks ago

(3BL Media/Justmeans) – Many companies around the world have signed on to the United Nations Sustainable Development Goals (SDGs). But the key to success lies in integrating these goals into their business models in a way that is productive, profitable and true to their core identity. The enormous breadth of the 17 SDGs and 169 targets could be a barrier for companies looking to integrate them and make an impact beyond business as usual.

To meet this challenge, FigBytes, the provider of software for strategic sustainability and CSR, has now launched a major software upgrade of its FigBytes Sustainability Platform. The upgrade called ‘...

2 months 4 weeks ago

(3BL Media/Justmeans) – The World Economic Forum includes financial literacy as one of six core ‘foundational literacies’ essential for students to thrive in the 21st century economy. Supporting the next generation to manage money is not only vital in securing their future, but also the future of business and the wider economy. Improved financial confidence and knowledge among consumers and employees benefits everyone.

Despite widespread recognition of the importance of financial education, 70 percent of students in the UK leave formal education, having never had a properly structured lesson on how to look after their money....

3 months 1 day ago

(3BL Media/Justmeans) – Placing sustainability at the heart of the business model is helping companies improve their relationships with stakeholders and providing a robust competitive advantage. Sustainable ways of doing business help companies to reduce risk across operations, while maintaining value and relevance to consumers and inspiring employees.

An international study by Unilever involving 20,000 adults across five countries shows that one-third of consumers now choose to purchase from brands based on their social and environmental impact. According to the study, a market opportunity to the tune of €966 billion exists for brands that...

3 months 2 days ago

(3BL Media/Justmeans) – The financial crisis of 2008 was marked by an excessive focus on short term profits, aggressive acceptance of higher risks, and an erosion of trust between institutions and consumers. The positive outcome of that crisis has been a growing recognition of values-based investment decision criteria, and an increasing consideration of ESG issues in investment decisions and services offered by financial institutions.

A recent controversial issue that has assumed serious ethical and environmental dimensions is the financing of the Dakota Access Pipeline (DAPL). This pipeline would travel below the Missouri River, the...

3 months 3 days ago

(3BL Media/Justmeans) – Digital technology is gradually turning the dream of financial inclusion in the developing world into a reality. User-friendly financial apps and mobile banking are empowering citizens in remote regions to participate in the financial economy and improve their lives.

The United Nations Environment Program (UNEP) has now partnered with China’s leading online and mobile financial services provider, Ant Financial, to roll out a unique program aimed at promoting green finance through innovative deployment of digital technologies.

This ground-breaking initiative, called the ‘Green Digital Finance Alliance,’ will...

3 months 6 days ago

(3BL Media/Justmeans) – Increasing demand for a more socially responsible, purpose-driven finance has led to the emergence of innovative approaches to impact investing. Although impact investing began many years ago as a niche activity practiced by large philanthropists, it is now spearheaded by a wide range of impact investment funds that are committed to the larger global goal of building a sustainable world.

The diverse approaches adopted by these impact investment funds are showcased in the newly released ImpactAssets 50 report, which reviews the activities and performance of some of the dedicated global fund managers focused...

3 months 1 week ago

(3BL Media/Justmeans) – A Venture Capital Trust (VCT) is a type of publicly listed, tax-advantaged investment fund in the UK, designed as a way for individual investors to gain access to VC investments via capital markets. In recent years, VCTs have increased their focus on socially responsible investments that take environmental, social and governance (ESG) factors into account while assessing business performance. 

The £3.5 billion VCT sector has become particularly active over time in environmental, educational and healthcare sectors where the dynamics driving change have been huge, especially with climate change and the increased...