Home Global Stories
Global Stories
CSR: Gender Diversity can be Productive in Business
Gender Diversity in the business world makes a company more productive, as measured by market value and revenue, according to research conducted by Harvard Business Review. In a study of 1069 leading firms across 35 countries and 24 industries, it was found that countries and industries that view gender diversity as important, capture benefits...
CSR: 10 ways to apply AI to social good
Artificial intelligence, while not a silver bullet, could contribute to the multi-pronged efforts to tackle some of the world’s most challenging social problems. Social impact domains used by social-sector organizations and CSR committees could benefit largely, according to a report by McKinsey Global Institute. Here are 10 ways to apply AI to social good.
1....
CSR: Food wastage in retail
The average consumer is not aware of the staggering and depressing extent of food wastage and food loss in retail.
If food has not been sold by its best before date, or if it is unsold close to, or past the best before date, retailers can send product back to the processor or manufacturer, and...
CSR: Using AI to improve Financial Inclusion
About 1.7 billion people worldwide are “unbanked,” that is, they do not have an account at a financial institution or through a mobile money provider. Companies in India can also have difficulties in accessing finance. Artificial Intelligence can help address core difficulties holding back financial inclusion: difficulties in verifying identities and in a lack of...
We Are Calling Out Environmental Racism
The idea of environmental racism is controversial. Even in the age of climate change, many people still view the environment mostly as a set of forces of nature. To many people, racism often connotes purposeful decisions by a master hand, and many see existing segregation as a self-sorting or poverty problem.
Among the injustices faced...
CSR: Not So Smart Smartphones
Smartphones have taken up our lives by a storm. Be it for business, relationships, transportation, or healthcare, we will face a handicap without these devices. India is one of the largest smartphone users in the world. With the rise of the digital revolution, AI, and an increasing number of apps, the demand for smartphones...
Why half a degree rise in Global Warming matters
The earth has warmed by more than a degree Celsius since the 19th century. While this may sound an insignificant rise in temperature, it can cause magnanimous changes in living conditions. A United Nations (UN) report has listed the consequences of temperature rise in global warming from 1.5 to 2 degree Celsius.
Status of Arctic...
What is really driving Corporate Climate Action?
The theme of Globalization 4.0 at this year’s World Economic Forum meeting in Davos brought together the current digital revolution and its growing integration among people, companies and governments. Innovation combined with a society mobilized for action is the path to solving global challenges, including climate change.
However, this issue is complex and multi-layered. Because...
25 ways Davos 2019 impacted the world
As the World Economic Forum Annual Meeting 2019 came to an end on Friday after five days of brainstorming by over 3,000 leaders across hundreds of sessions, the organisers said the event this year made an impact on the world in as many as 25 ways.
1. The WEF listed Prime Minister Shinzo Abe of...
PepsiCo awards US$ 100,000 to Change the Game winners from India
PepsiCo’s ‘Change the Game’ campus challenge invited millennials to share innovative business ideas for sustainable plastic packaging and recycling, in line with the company’s Performance with Purpose vision.
The India winners, Tushar Vishnoi and Utkarsh Garg from IMT Ghaziabad, went on to compete with winners from other regions at the final round in Dubai and...
Increase in Socially Responsible Investment
The world is becoming more socially and environmentally conscious. The people are willing to make some changes in the way they live, travel and invest, to reduce the damage they cause to the environment or society. This shift was observed profoundly in 2007 when the European Investment Bank issued its first green bond, a...
In the future cities, could be built with food waste
About half of all the food produced in the world ends up in the trash, accounting for about 60 million tons of food. Applying circular thinking to food waste in conjunction with construction waste could mean pouring less produce into landfills while simultaneously making building materials that are recyclable to keep construction waste out...