Global Stories

The Islamic Affairs and Charitable Activities Department in Dubai (IACAD) has revealed that the value of social responsibility initiatives implemented by various sectors in the emirate surpassed AED 3 billion in 2020, touching the lives of more than 98 million people. The results were announced in an annual report issued by the Department’s charitable work...

ICICI Prudential Life Insurance has become the first Indian insurance company to sign the United Nations-supported Principles for Responsible Investment (UNPRI). The company has thereby reaffirmed its commitment towards Environment, Social and Governance (ESG) issues. What is UNPRI? The UNPRI is the world’s leading proponent of responsible investment. It works: - to understand the investment implications of environmental,...

On the second and final day of the first-ever UAE edition of the UK-based India Global Forum (IGF) – India Global Forum UAE 2021 – the focus was on skills, the digital revolution and closer India-UAE collaborations in these sectors and beyond. Building on the momentum generated by the high-powered sessions from Day One, ministers...

According to the recently released World Inequality Report 2022, India is now among the most unequal countries in the world. The report released by the World Inequality Lab, aims to promote research on global inequality dynamics. It report presents the most up-to-date synthesis of international research efforts to track global inequalities. Distribution of Wealth in India According to the report, the poorest half of...

Havells India Limited commitment to Environmental, Social, Governance (ESG) and responsible growth has again been recognised by DJSI. The company ranked 7th among the top electrical equipment companies globally by Dow Jones Sustainability Indices (DJSI) for the current year 2021. Despite the trying times of pandemic and stricter ESG rating methodology, Havells has jumped 12...

Ericsson today announces a major new commitment to empower 1 million children and young people by 2025 through access to digital learning, tools, content and development programs. This commitment forms part of the World Economic Forum-aligned EDISON Alliance 1 Billion Lives Challenge - a global movement of forty-five champions from the public and private sectors....

Epson, a world leader in digital imaging and printing solutions recently became the first(1) company in the Japanese manufacturing industry to convert to 100% renewable electricity for all its domestic sites(2). As a result, Epson will reduce its annual carbon dioxide emissions by approximately 250,000 tonnes. Epson has established and is pursuing a new long-term...

Renewable wood-based products can help combat climate change and achieve the Sustainable Development Goals, according to a new report by the Food and Agriculture Organization (FAO) of the United Nations. The report Forest Products in the global bioeconomy: Enabling substitution by wood-based products and contributing to the Sustainable Development Goals has compiled the most recent...

Call for Code founding partner IBM and its creator, David Clark Cause, announced the winner of the fourth annual Call for Code Global Challenge. The top prize this year went to Saaf Water, an accessible water quality sensor and analytics platform created, in particular, for people living in rural localities. In Bihar, nine members of...

UKIBC Executive Chair, Richard Heald, and British High Commissioner, Alex Ellis, were joined by Amitabh Kant, CEO, NITI Aayog, Nadia Rasheed, Deputy Resident Representative, UNDP India, and Yashika Singh, Vice-President – Corporate Affairs, Pernod Ricard, for a panel discussion moderated by Mr Heald at the event. The group discussed the role that business can and...

India has retained its spot at the 10th rank in the best-performing countries in the global Climate Change Performance Index (CCPI) for the third year in a row. The report released by Germanwatch on the side-lines of the COP26 has noted that no country performed well enough in all index categories to achieve an...

Home Credit has released its inaugural Environmental, Social and Governance (ESG) Report. The report sets out the programmes and measures that Home Credit has been delivering to support communities and customers, and how the company has focused on delivering responsible, sustainable financial services. The report – set to be released on an annual basis -...