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’Doing Good’ with the Profits
Jeffrey Church and Mike Stone started a bottled-water business not to get rich, but to do good. The two San Diego businessmen, who met at Harvard Business School , established Nika Water after Church took his family on a working vacation to Africa to build schools and water systems. "My family and I liked w...
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Unilever Says Sustainability Key to New Business Model
Consumer products giant Unilever has unveiled a "new business model" putting sustainability at the heart of its global operations. It pledged to halve the environmental impact of its products while doubling sales over the next 10 years. Chief executive Paul Polman said the new model was "the only way to do business long term". The company said it would produce an annual report on its progress towards achieving these goals. Uni...
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The Stove That Won?t Kill the World?s Poor
NEARLY half the world’s population relies on crude open-fire stoves. They...
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C.K. Prahalad: Sustainability Can Lead to Innovation
He’s going green. After core competence and the bottom of the pyramid, the world’s best-known management guru of Indian origin, CK Prahalad, is talking sustainable development. Why? Because, as he argued in a recent article in the Harvard Business Review, "Sustainability is the mother lode of innovations that yield both bottomline and topline returns". In an exclusive interview to ET Now , the Paul and Ruth McCracken professor of strategy at Stephen M Ross School of Business at the Un...
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Root Capital Launches 5-Year, $63M Growth Capital Campaign
Root Capital announced today that it has launched a comprehensive Growth Capital Campaign that will significantly increase its capacity to serve rural grassroots businesses in developing countries by establishing a sustainable social enterprise and fully self-sufficient lending program by 2013. The five-year $63 million campaign includes a unique combination of Philanthropic Equity and Debt Capital and will accelerate the organization’s ability to impact global poverty by linking rural ...
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