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 3 weeks ago

(3BL Media/Justmeans) – Many companies traditionally make philanthropic efforts over the holidays. Some of them have heritage campaigns that run every year to mark the holiday season. This season a number of companies launched innovative campaigns and made landmark donation commitments to create an impact.

To herald the holiday season, eBay launched a new initiative called "Gifts That Give Back." This unique program enables nonprofits to ‘sell’ donations on the bidding platform. Donations come in increments of $25, $50, $75 and $100 and eBay does not take a cut from any donations ‘sold’ through this program. The program partner nonprofits...


4 months 3 weeks ago

(3BL Media/Justmeans) – Individuals with an ultra-high net worth (UHNW) constitute a mere 0.004 percent of the world’s adult population. Many of these ultra-wealthy individuals are involved in philanthropic activities and gift-giving, primarily motivated by a personal sense of fulfillment.

In 2015, global giving by the ultra rich grew by three percent, according to a new report from Wealth-X and Arton Capital. The report titled “Changing Philanthropy: Trend Shifts in Ultra Wealthy Giving” found that major giving among UHNW individuals rose to an all-time high in 2015. The report considered people with at least $30 million in net assets as...


4 months 3 weeks ago

(3BL Media/Justmeans) – In the next 15 years, more than two-thirds of total investment infrastructure will be made in cities. By 2050, about 66 percent of the global population will live in urban regions. Africa alone will have about 800 million more people living in cities than today.

The gap between the supply and demand for city infrastructure to meet the needs of a growing urban population is an estimated $1 trillion per year until 2030. Investing in efficient, connected and compact cities with more sustainable public transport systems can spur economic growth while also having a positive impact on the environment.

Research...


4 months 3 weeks ago

(3BL Media/Justmeans) – Having the ability to envision the company’s future is a critical element of successful corporate leadership. Setting bold, long-term goals allows a company to move into new, emerging areas of growth and opportunity and become future-ready. 

A new research study titled “Does a Long-Term Orientation Create Value?” slated to publish in a coming issue of the Strategic Management Journal, supports the view that corporate leaders should focus on long-term gains to attain a dominant market position and create a more secure future.

The study’s authors, Caroline Flammer of Boston University’s Questrom School...


4 months 3 weeks ago

(3BL Media/Justmeans) – According to the EPA, about 55 percent of the 220 million tons of waste generated each year in the US ends in one of the 3,500 landfills. Municipal solid waste landfills constitute the second-largest source of human-related methane emissions in the country.

Microsoft's Redmond, Wash. campus has 33 cafés, 32 espresso cafés, and more than 500 kitchenettes for its 44,000 employees on campus. The campus annually generates 189 million pounds of waste. But the good news is that 99.5 percent of this waste never makes it to a landfill.

Microsoft has now announced that its Redmond campus has achieved the US Zero Waste...


5 months 1 day ago

(3BL Media/Justmeans) – Cities around the world are responsible for two-thirds of the world’s GHG emissions and 70 percent of energy consumption. Therefore, the implementation of the Paris climate agreement in full force should begin with a focus on the cities. National and local governments can develop climate action plans and create a transparent system to monitor how the cities are performing.

The World Bank invests more than $5 billion a year to help cities around the globe. According to Steve Hammer, climate change specialist for the World Bank, cities need additional tools and support to put them on a sustainable, resilient, low-...


5 months 3 days ago

(3BL Media/Justmeans) – Barely a decade ago, technology in the workplace would typically imply the introduction of new hardware and gadgets for the employees that might help improve their operational efficiency. However, technology is now deployable in ways that can help advance employee skills, improve relationships, and help people become more engaged.

According to Oracle’s 2016 Employee Engagement Survey, 44 percent of the respondents said their companies use the latest technology to help them do their jobs. The Oracle survey questioned 4,700 employees across 20 markets in five regions worldwide.

Gretchen Alarcon, vice president...


5 months 6 days ago

(3BL Media/Justmeans) – Investors have recognized over the years that the traditional Silicon Valley model of VC investing is not likely to work for cleantech. Therefore, a variety of new models have been introduced, including Cyclotron Road, which is collaborating closely with university labs; the energy research shop of Otherlab; regionally focused groups like the Energy Excelerator; and industry-focused projects such as Powerhouse.

Bill Gates has been working on a plan, first unveiled about a year ago, to bring together a group of billionaires to fund breakthroughs in energy technology that can fight climate change. The group, which has...


5 months 1 week ago

(3BL Media/Justmeans) – Increased participation of women in top management positions should not be seen as an exercise in public image and reputation building. Research has consistently shown that having more women in senior positions and board of directors has a positive impact on a company’s financial performance and improves market returns for the investors.

MSCI has now published its 2016 Women on Board Report called The Tipping Point: Women on Boards and Financial Performance, which further reinforces the belief in the financial advantages gained by gender-diverse companies.

MSCI analyzed US companies over a five-year...


5 months 1 week ago

(3BL Media/Justmeans) – Employee engagement is the psychological engine that drives corporate performance. While employee engagement worldwide is on a decline, some companies are managing to beat the trend. These companies typically have a sustainable business model that places environmental and societal considerations front and center along with growth and profits.

Unilever with a workforce of 170,000-plus has an unusually high employee engagement score of about 80 percent. The company has defined its purpose simply to make “sustainable living commonplace.” It has implemented this purpose via the Unilever Sustainable Living Plan as well...


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