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

4 months 2 weeks ago

(3BL Media/Justmeans) – Businesses looking to sign renewable energy contracts or even develop their own solar or wind projects often find themselves on a steep learning curve about borrowing money, structuring contracts and understanding the complex rules that govern the energy industry. Streamlining the supply of renewable energy can help a company to save money and time.

While Corporate America is buying more renewable power than ever before, businesses increasingly favor wind power over solar. According to Bloomberg New Energy Finance, companies such as Amazon, Microsoft, Google, Dow Chemical and 3M are now buying five times more wind...

4 months 2 weeks ago

(3BL Media/Justmeans) – Sustainable investing has experienced a compound annual growth rate of 104.6 percent from 2012 to 2014, according to The Forum for Sustainable and Responsible Investment. This growth is being driven, in part, by Millennials who prefer to invest in alignment with personal values. Since Millennials are poised to receive more than $30 trillion of inheritable wealth, fund managers are increasingly allocating resources to capture this emerging client segment.

Ernst & Young's new report titled, “Sustainable Investing: The Millennial Investor,” highlights the impact Millennials are going to have on the...

4 months 2 weeks ago

(3BL Media/Justmeans) – Over the last few decades, a global movement toward a different business model has emerged. The new model is related to broader efforts to promote sustainable development and the circular economy, and is driven in large part by the challenges of climate change. However, the new commitments made by responsible organizations and governments across the world need strong implementation in order to effectively address the global challenges.

To bring these organizations into spotlight, the Security and Sustainability Guide project has released a new report titled “Greening Capitalism, Quietly: Seven Types of...

4 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...

4 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...

4 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....

4 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 ‘...

4 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....

5 months 22 hours 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...

5 months 1 day 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...