Publications

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Q&A: ‘Sustainable energy makes people bankable’

India’s investments in renewable energy are growing fast. The country plays an important role in global efforts to meet emission targets: its burgeoning middle-class has growing energy demands, while a large number of people still live in rural poverty without access to power. Harish Hande, co-founder of the Bangalore-based company SELCO, believes that renewable energy needs

2018-11-18T10:23:50+00:00 Tags: |

How to Create the Conditions for Social Intrapreneurs to Thrive

“We are past, ‘Should we?’ The question now is, ‘How?’” At a recent event in New York, New York, Mehmood Kahn, chief scientific officer at Pepsico, framed the challenge on the mind of many company leaders who have committed to the Sustainable Development Goals (SDGs). In other words, the ambition is set, but how will companies deliver? The

Here’s how much interest income Congress owes Social Security over the next decade

Social Security's importance to the American public simply can't be overstated. As of September 2018, the $1,417 benefit paid to the average retired worker is enough to keep an estimated 15.3 million elderly Americans above the federal poverty line, according to an analysis by the Center on Budget and Policy Priorities. Simply put, we'd be facing

Impact investing: A multitrillion-dollar market in the making

Impact investing has been gaining traction over the last decade, as investors, consumers, and—to an extent—policymakers come to recognise that new ideas are needed in order to address some of the largest societal and environmental challenges facing humankind. However, as is often the case with new ideas, impact investing continues to face big challenges and

‘Perfect Time,’ Ethical Businesses Say, to Drive Social Change

Ethically driven businesses are becoming increasingly popular and profitable but they can face threats for shaking up the existing order, entrepreneurs said on Social Enterprise Day. When Meghan Markle wore a pair of “slave-free” jeans on a royal tour of Australia last month, she sparked a sales stampede and shone a spotlight on the growing

Dietary fat is good? Dietary fat is bad? Coming to consensus

Which is better, a low-fat/high-carbohydrate diet or a high-fat/low-carbohydrate diet -- or is it the type of fat that matters? In a new paper featured on the cover of Science magazine's special issue on nutrition, researchers from Harvard T.H. Chan School of Public Health, Boston Children's Hospital, and colleagues with diverse expertise and perspectives on

2018-11-16T12:26:16+00:00 Tags: |

Financial wellness programs can boost cost savings

Companies can significantly decrease the cost of delayed employee retirements by boosting the retirement readiness of their employees, a new report from Financial Finesse, a financial wellness program provider, stated. Companies with 50,000 employees can save between $33 million to $49 million annually if they increase the average workforce financial wellness score to 5 from

Opinion: Employee Ownership and The Promise of Quality Jobs

In October the official United States unemployment rate dropped to 3.7 percent, which represents a 49-year low.  And yet, according to a recent Harris Poll, nearly 80 percent of American workers report living paycheck-to-paycheck, with little in the way of savings to handle any financial emergency. Compounding the problem (figuratively and literally), more than 70 percent of workers are

Impact investing versus ESG investing – aren’t they the same thing?

Most Asian investors still have difficulty telling the difference between so-called "impact investing" and "environmental, social and governance" (ESG) related issues. In many cases, these two terms are used interchangeably, usually incorrectly. There are various definitions of "impact investing" - put simply, it focuses on investing in companies with products and services that can generate

Medical expenses are pushing more baby boomers into poverty

Medical costs are rapidly increasing in America. New data from the U.S. shows these costs are pushing millions of Americans, including seniors, into poverty. The 2017 Supplemental Poverty Measure(SPM) shows that medical expenses were the largest contributor to increasing the number of Americans living in poverty. When medical expenses were accounted for, an additional 10.9 million people were

2018-11-16T02:54:00+00:00 Tags: |

How Can Countries Reduce Poverty Faster?

Can the world end poverty by 2030, the target set by the United Nations Agenda for Sustainable Development? The UN General Assembly recently reaffirmed this deadline but conceded that meeting it will require “accelerating global actions” to tackle poverty’s causes. As the international community explores new solutions, lessons from the past could be instructive. Poverty reduction has

What is Sustainable Health?

It is easy to imagine a sustainable health and care system – it goes on forever within the limits of financial, social and environmental resources. The challenge is the current approach to delivering health and care cannot continue in the same way and stay within these limits. A sustainable health and care system is achieved

2018-11-14T19:05:06+00:00 Tags: |

American Workers Want Business to Invest in Their Communities

Four out of five American workers in a new survey say companies should be involved in community revitalization efforts and actively invest in the localities where they operate, Prudential Financial reported Monday. Surveyed workers’ consumption habits support this sentiment. Eighty-three percent said they would prefer to buy products or services from a business that creates a positive

Film studio Aardman transfers to employee ownership

Bristol-based film studio Aardman, best-known for animations Wallace and Gromit and Shaun the Sheep, has transferred into employee ownership. Founders David Sproxton and Peter Lord have transferred the majority of Aardman’s shares into an employee ownership trust, which will hold the shares on behalf of the employer’s 140-strong workforce. The aim is to ensure that Aardman remains independent

India offers renewable energy expertise to island nations

New Delhi: India is ready to share its expertise in renewable energy with small island nations, Union Power and New & Renewable Energy Minister R K Singh said Wednesday. “India has chosen the path of sustainable growth and we want to leave a green planet for our future generations. That is why our focus is

2018-11-14T19:16:20+00:00 Tags: |

Why should companies care about social responsibility?

Over time, the relationship between business and society has evolved. Business has had a significant impact on the way we travel, homes we inhabit, foods we eat, and conveniences we enjoy. Every product and service we enjoy is a testament to the positive differences businesses have made in our everyday lives. But has this improved