Global Stories

In comparison to the fourth quarter of 2019, the International Labour Organization (ILO) has lowered its prediction for labour market recovery in 2022, estimating a global deficit in hours worked equivalent to 52 million full-time employment. In May 2021, the previous full-year forecast predicted a deficit of 26 million full-time equivalent employment. According to the...

Non-profit organisation Wetlands International South Asia (WISA) recently announced its silver jubilee celebrations. The global & independent organisation completed 25 years of dedicated work in the field of wetland conservation & restoration. During the silver jubilee year, Wetlands International South Asia (WISA) intends to connect more people to wetlands conservation, as well as initiate local...

CWT, the Business-to-Business-for-Employees (B2B4E) travel management platform and Etihad Airways, the national carrier of the United Arab Emirates, have announced a unique carbon offsetting partnership initiative, as part of the launch of Etihad’s Corporate Conscious Choices programme. The first partnership of its kind between Etihad and a TMC, this initiative will see all CWT...

The government of Denmark government has set a target of eliminating fossil fuel-powered domestic flights by 2030. Prime Minister Mette Frederiksen remarked in her New Year's address that she intended to "make flying green." Denmark has declared its intention to reduce overall carbon emissions by 70% by 2030, compared to 1990 levels. PM Frederiksen said,...

The importance of technological development and scientific research has never been felt more than now, as the pandemic takes over the globe. It is only because of technology, that we have been able to conduct daily affairs, produce vaccines, work, study or even socialise. The communication systems backed by technology has allowed for seamless...

Governments across the world support the nonprofit sector through various measures. One of the most common and visible of these are tax incentives on charitable donations made by individuals and corporates. The Centre for Social Impact and Philanthropy (CSIP), Ashoka University, and Centre for Budget and Governance Accountability (CBGA) conducted a study on the relationship...

2021 has been an eventful year for women across the globe. The global institutions and leaders across the globe have taken decisive actions in the year by delegating resources to work towards empowering women and promoting gender equality. As the year comes to an end, let us recap the five good news in 2021...

Amazon headquarters announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totaling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and is on a path to power 100% of its business operations with renewable...

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...