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Profit Motive
Asset managers are trying to take environmental and social issues into consideration when selecting companies to invest in. Mutual fund managers were originally bound by law in the US and in Europe to invest in what will bring the highest return. However, as consumer consciousness started changing, mutual funds have been pushed to review their priorities. In 2000, the UK government introduced a law requiring pension funds to disclose how they incorporate social responsibility aspects ...
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Small Fish, Big Catch
Unreached.’ ’Unbanked.’ ’Unelectrified.’ ’Unserved.’ These are the new keywords for business leaders, who are working overtime to tap into the poor consumer market in a win-win deal for businesses as well as the poor. It was recognised recently yet again when Al Gore conferred a Green Oscar (Ashden Award) on Selco India for demonstrating that it is possible to run a renewable energy business, which is both a striking commercial success, and which lift...
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India Must Take Innovation to the Poor: World Bank
According to a World Bank report, India must focus on its higher education system to handle the manpower crunch the country would face in the future. New Delhi: India is increasingly becoming a top global innovator for high-tech products and services, but it can do much more to reach its full innovation potential, especially by bringing the benefits of innovation to the poor, says a World Bank report. Although the country is emerging as a top global innovator in sectors like biotechnolo...
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ABN AMRO Microfinance Crosses 5 Lacs Mark
ABN AMRO Bank India today announced that its Microfinance division has succeeded in providing basic financial support to over five lac underprivileged households in India. The total ABN AMRO Microfinance loan portfolio has seen tremendous growth, crossing Rs 200 crores in a short time span of four years. Initiated in September 2003, these services have provided financial aid to more than 540,000 households while maintaining a nil non performing asset portfolio till date. ...
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Strategic Innovation at the Base of the Pyramid
Brazil?s poorest households have an annual total income of around $73 billion per annum; China?s have an annual income of about $691 billion; and India?s have an income of about $378 billion. However, even though there has been a burst of interest in recent years in how economic growth is unfolding in the developing world, most of the research is still focused on how growth occurs in developed markets. Strategic innovation in developing markets is fundamentally different from what occurs in deve...
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NComputing Named Winner of Prestigious Wall Street Journal Technology Innovation Award
NComputing, the leading provider of virtual PC solutions, today announced that it has won the coveted Wall Street Journal Technology Innovation Award for the most innovative new solution in computing systems. NComputing’s virtual PC technology is gaining rapid adoption worldwide because it dramatically lowers the cost of PC computing while reducing energy consumption by 90%. Past winners have included IBM, Hewlett-Packard, Fujitsu, and Sun Microsystems. REDWOOD CITY, CA -- (MARKET WIRE) -- 1...
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Great Expectations for Cheap PCs
More than six million ultra-low-cost (ULC) mobile educational PCs will be shipped by the end of 2012, says Gartner. The research firm’s analysts predict this volume of ULC PCs could provide a 40% uplift for education PC shipments in emerging regions. [ Johannesburg, 3 October 2007 ]? - More than six million ultra-low-cost (ULC) mobile educational PCs will be shipped by the end of 2012, says Gartner. The research firm’s analysts predict this volume of U...
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Premio Global Reporting Initiative (GRI) ?Qui?n lee los informes de sustentabilidad que las corpor
Now, there is a better way to answer those important questions. The Global Reporting Initiative (GRI) and its partners?including the World Resources Institute and its New Ventures project?have unveiled the GRI Readers’ Choice Awards. It’s a pioneering attempt to capture and share readers’ thoughts on the value of corporate sustainability reports, and get that information to potential new readers. The GRI Readers’ Choice Awards will highlight the reports that are most helpful to c...
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