The seriously rich are always followed. Now even the colour of their money is getting noticed as new trends emerge. High net worth individuals (HNWIs) are increasing their investment in green technologies, says the World Wealth Report 2008 brought out by wealth management company Merrill Lynch and IT and outsourcing consultancy Capgemini.
Business
When Mitsubishi International Corporations president and CEO Ryoichi Ueda was asked to double as parent companys (Mitsubishi Corporation) chief sustainability officer for North America earlier this year, it brought into limelight the trend of appointing sustainability managers at senior levels. Today, more and more companies are appointing chief sustainability officers, who report directly to CEOs.
The Financial Express and Emergent Ventures India launch a survey to map the greening of businesses, highlight success stories and come up with recommendations for best practices.
Clean technology or cleantech is a happening business opportunity worldwide. Venture capitalists invested $2.2 billion in US cleantech companies in 2007.
The use of coal will continue the world over because of its abundant and cheap supply, but Carbon Capture & Storage (CCS) can be a crucial technology to check its global-warming carbon dioxide emissions, says a new study by Massachusetts Institute of Technology. The CCS deployment will not only help check greenhouse gas (GHG) emissions, but also offer a commercial opportunity to businesses, adds the study
Some Indian companies are not only engaging with their supply chains to spread awareness about HIV/AIDS and promote safe sexual behaviour, but also offering treatment to the infected.
If London is emerging as a leading ethical fashion centre in the world, its partly due to the fact that the citys fashion stores are able to source fairtrade products from India.
Unreached. Unbanked. Unelectrified. Unserved. These are the new keywords for business leaders, who are working overtime to tap into the poor consumer market in a win-win deal for businesses as well as the poor.
Stuart L Hart builds brick by brick the case for sustainable enterprises in his revised edition of Capitalism at the Crossroads, drawing from his BoP initiative.
Cold water from Lake Geneva will cool offices and apartments in the UN region in Geneva to reduce energy consumption and greenhouse gases emission, thereby coping with global warming.