Vikas Vij

Vikas Vij
Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.

Posts by This Writer

3 years 11 months ago

(3BL Media/Justmeans) – At the ongoing World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, the World Bank chief, Jim Yong Kim has called for creating a $50 billion green market by 2015. Underlining the need for urgent action on climate change, Kim said that as a first step, efforts must be made to double the green bond market to $20 billion by the next summit in September. By the time of the meeting in Paris to be held in 2015, the market should be increased to $50 billion.

As Kim wrote in a blog for the Davos summit that over the last one year, the world has witnessed great leadership on climate from governments as well as private companies....

3 years 12 months ago

(3BL Media/Justmeans) – The Cool Farm Institute, whose members include PepsiCo, Unilever and Heineken, has developed an innovative online tool for carbon management for farmers. Members of the Institute have launched the tool to help farmers evaluate and improve their environmental and economic performance.

The web application is provided free to individual farmers, but supply chain businesses are required to pay a fee for its use. Other leading members of the Cool Farm Institute include Tesco, Marks & Spencer, Yara and Fertilizers Europe. The Institute is also inviting other businesses to make use of the tool and participate in this collaborative...

4 years 1 day ago

(3BL Media/Justmeans) – Bacardi Limited has made significant strides to reduce its impact on the environment and promote responsible sourcing. According to the company’s just-released annual report on Corporate Responsibility (CR), Bacardi has cut down its energy use by more than 25 percent and water use by 54 percent in comparison to the results reported in its first CR Report in 2006.

The Bacardi Limited CR Report 2013,“Our Spirit is Clear,”outlines several CR activities carried out by the company in its 2013 fiscal year, which ran from April 1, 2012 to March 31, 2013. The company views its efforts not just as a matter of corporate responsibility, but...

4 years 3 days ago

(3BL Media/Justmeans) – Intel has taken a major leap forward in responsible sourcing. Starting now, all Intel processors will be produced entirely with conflict-free minerals. It becomes the first major U.S. technology company to have made such a commitment to only source minerals mined outside the quagmire of war and human rights violations that afflict parts of the Democratic Republic of Congo and surrounding countries.

Intel has been working for the last four years to determine the sources of four critical metals used widely in electronics manufacturing: including tantalum, tin, tungsten and gold. The company’s endeavor comes amid concerns that global sourcing of minerals from mines...

4 years 4 days ago

(3BL Media/Justmeans) – The Institute for Sustainable Investing, launched by Morgan Stanley three months ago, has announced a competition for business students in partnership with the Kellogg School of Management and business school INSEAD. The competition called “The Sustainable Investing Challenge” is inviting business students to submit market-based solutions that take into account key social and environmental challenges.                                    

The last date for submissions to the competition is February 25. The participants are expected to come up with innovative and promising investment tools that bring financial gains while making a...

4 years 5 days ago

(3BL Media/Justmeans) – Mellano and Company, a Southern California flower grower, has taken forward-thinking steps in sustainable business practices. With its completion of a Sustainability Circle Program developed by True Marketing Solutions (TMS), Mellano is reaping dividends in terms of reduced energy costs as well as promoting a culture of sustainability across the organization.

Mellano’s Value Stream Manager, David McPhetrige, says that the company’s participation in the TMS Sustainability Circle not only allowed it to avail of the sustainability expertise of the TMS team, but also it made it possible for the company to gain synergistic advantages...

4 years 6 days ago

(3BL Media/Justmeans) – Boeing Co. plans to introduce renewable green diesel as a jet fuel to cut carbon emissions without increasing costs. The U.S. aircraft maker is seeking approval from regulators around the world to use this competitively priced, sustainable aviation fuel. Over its lifecycle, green diesel emits at least 50 percent lesser carbon dioxide compared to fossil fuels.

Green diesel can be used in any diesel engine. It is produced from oils and fats such as used cooking oil, waste animal fats or plant oils in a process that makes use of hydrogen to break down large molecules into smaller one. Green diesel differs from biodiesel, which is...

4 years 1 week ago

(3BL Media/Justmeans) – General Motors (GM) and beer maker MillerCoors are two of the leading companies working hard to achieve “land-fill free” status for their business processes. GM has earned this status for 105 of its facilities worldwide, while MillerCoors had achieved the same for its largest US brewery.

GM had set a goal for itself in 2011 to achieve a hundred landfill-free manufacturing sites and 20 non-manufacturing sites by 2020. At present, nearly 50 percent of its plants are recycling an average of 97 percent of their waste. The remaining three percent is being converted into energy. In 2011, GM re-used or recycled more than 2.5 million metric tons at its global manufacturing...

4 years 1 week ago

(3BL Media/Justmeans) – Deutsche Bank has raised its global demand forecasts for the solar industry in 2014 and 2015. It predicts that the installations of solar photovoltaic (PV) in 2014 will go up to 46 gigawatts worldwide, and jump another 25 percent to 56 gigawatts in 2015. Market analysts are forecasting greater “upside demand surprises” in the leading solar markets of U.S., China, and Japan. Taking 2012 as the base year, total global solar PV installations are expected to double by 2015.

Additional growth in the solar PV market will come from countries such as India, Mexico, South Africa and Australia. Analysts believe that the typical grid and...

4 years 1 week ago

(3BL Media/Justmeans) – McDonald’s has announced its commitment to begin purchasing verified sustainable beef in 2016. The company has joined with World Wildlife Fund (WWF), Cargill, JBS and others to establish the Global Roundtable for Sustainable Beef (GRSB). To achieve its sustainability goals in the sourcing of beef, McDonald’s will support development of GRSB principles and criteria, develop targets for buying verified sustainable beef, and start purchasing verified sustainable beef in 2016.

In 2013, about 70 percent of McDonald’s greenhouse gas emission impact was in the supply chain, out of which about 40 percent was related to beef. The company will employ a verifiable productions...