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Help end poverty, World Bank tells private sector
The World Bank is undertaking an ambitious goal to end extreme global poverty within a generation by encouraging the involvement of the private sector.
- Categories
- Technology
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Google’s Next Cloud Product: Google Blimps To Bring Wireless Internet to Africa
Not content with offering super-fast broadband in Austin and Kansas City, Google has plans to use blimps to deliver wide-area wireless internet connectivity in Africa and other emerging markets, according to reports in the the Wall Street Journal and a post on Google’s Africa blog.
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- Technology
- Region
- Sub-Saharan Africa
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Assessing private sector support of global health
There is considerable excitement regarding the role that corporations and their foundations are playing in global health.
- Categories
- Health Care
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March’s ‘NextBillies’: Dueling visions for impact, the most-read/most shared posts on NB
In March, articles examining for-profit versus not-for-profit models of impact investing, India’s CSR legislation, the so-called ‘Investing Pledge’ for social investing, disruptive innovations for women’s health, and young entrepreneurs displaying poverty-focused technology at Open Minds made up the most-read posts of the month.
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- Technology
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Mandatory CSR in India : A bad idea from left, right and center
The lower house of the Indian parliament has passed a new Companies Bill that requires companies above a certain size to ensure that they spend at least 2 percent of annual profits on corporate social responsibility (CSR) activities. Ernst & Young, the audit and advisory company, estimates that the law would cover about 3,000 companies in India and about $2 billion of expenditures on CSR activities.
Looked at from the perspective of the political right, and the left, and the center, the proposed law is a really bad idea.- Categories
- Uncategorized
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Weekly Roundup 3/16/13: Forcing CSR in India
This week I learned about two recent machinations by the Indian government to foster both corporate social responsibility and investments in base of the pyramid enterprises. The two initiatives have left me truly ambivalent. The first seems like a big misstep waiting to happen, while the second looks like a sure-footed step in the right direction.
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- Uncategorized
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India CSR Bill Creates Ripples in the Social Sector: Big companies would have to spend 2% of profits on CSR, but could the sector absorb it?
The Indian parliament is in the process of passing a bill mandating large companies dedicate 2 percent of their profits toward CSR activities. The big question is whether the social sector could actually absorb it.
- Categories
- Impact Assessment
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Doing Good Business for Better Health: The view from drugmaker GlaxoSmithKline on expanding access
Allan Pamba, director of Public Engagement & Access Initiatives for the Developing Countries Unit of GlaxoSmithKline, talks about what GSK is doing to meet the health care needs of BoP countries without compromising its commercial success.
- Categories
- Health Care