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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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Focus on the Bottom of the Pyramid
The Bottom of the Pyramid (BOP) was the theme of the recent two-day management students? convention organised in Chennai by the Madras Management Association (MMA). The challenges faced by organisations in providing services and products to the BOP, marketing to them and empowering them were some of the issues taken up by speakers at the convention, which drew more than 1,000 management students, making it one of the largest student conventions to be organised in the country.
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Microcredit Movement Tackling Poverty one Tiny Loan at a Time
A Peruvian widow borrowed $64 and bought a few pigs. For $55, a villager in Ghana went into the mineral-water trade. A mother of nine in Guatemala upgraded her grocery store with $250. These women from three continents have something in common: They are beneficiaries of microcredit - very small loans to very poor people for very small businesses. The benefactors, in many cases, are ordinary individuals inspired by a movement that is reshaping philanthropy and making it as accessible as...
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Sierra Leone: Rapid growth for Mobile Sector
I’ ll text you a Valentine message. Will you buzz me after work, I will call you. These are common conversational phrases for mobile users in Sierra Leone, a country rated today as the least developed and poorest nation in the African continent according to a recent UNDP index. Sierra Leone lagged behind in the new cellular phone system because of the war. It happened that the African continent was opening to mobile phone providers at a time when Sierra Leoneans w...
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Legal Framework Needed to Protect Lenders and Defaulters
For a country growing at close to double digits there is money to be made at the bottom of the pyramid. Lenders are discovering that low wage earners have the potential to upgrade their earnings by investing in their business. This has led to a mushrooming of lenders targeting the ’subprime’ segments. At over 10%, the default rate in these segments is more than 10 times the default in secured loans such as home loans or even car loans. Yet lenders are finding that there are takers for...
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Battling for the Middle in Emerging Markets
To expand in rapidly developing economies, Boston Consulting’s Jim Hemerling says, global companies can’t limit themselves to the market’s top end Consider the following five countries: China, India, Brazil, Russia, and Mexico. With a combined population of approximately 2.9 billion people, they have nearly 10 times the U.S. population. Their combined gross domestic product approaches $5.8 trillion?nearly half the U.S. GDP. Several of the economies are growing at breathtaking rate...
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High Growth Overshadowed by Poverty and Low Education Access: Swraj Paul
Better education and healthcare facilities are a must for productivity to go up. With 35 per cent people in India subsisting below one USD a day, the picture is very bleak, said Lord Swraj Paul. LORD SWRAJ Paul, Member of the House of Lords, UK and Chairman, Caparo Group, today described as ?unacceptable? the co-existence of high levels of growth recorded by the Indian economy with 35 per cent of its people subsisting on less a dollar a day and 35 per cent of the children not having access to pr...
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Social Venture Network Announces SVN Innovation Award Winners
Organization Rewards Innovation and Social Change Among Leaders of Emerging Enterprises SAN FRANCISCO, CA - October 1, 2007 - Social Venture Network (SVN), the country’s leading network of socially responsible business leaders, today announced the recipients of the SVN Innovation Awards. The winners were selected though the Imagine What’s Next: Ideas that Will Change the Way the World Does Business contest that SVN launched earlier this year as part of its 20-Year Annivers...
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