Industry can play an important role in reservation policyLast weekend, as part of a panel discussion at the Annual Day of the Pune Chapter of the Confederation of Indian Industry, I was pleasantly surprised to hear about CII Pune having run finishing school sessions in collaboration with a local educational institute for members of the “scheduled castes” and “scheduled tribes”. The “reservation...
Social Business
The recent Business Week contains Steve Hamm’s review of “Creating a World Without Poverty: Social Business and the Future of Capitalism”, the latest book authored by Nobel Prize winner Muhammad Yunus. Two interesting concepts emerge. The first is that of social business—the review goes: “So what exactly is a social business? One designed mainly to accomplish a social goal. In most ways, social...
Faith-Based Indexes on Dow: For Hinduism and Buddhism
The Prime Newswire reports that Dow Jones Indexes and Dharma Investments, a leading private investment firm pioneering the development of faith-based investment have launched the Dow Jones Dharma Indexes. The new indexes measure the performance of companies selected according to the value systems and principles of Dharmic religions, especially Hinduism and Buddhism. The report adds: “To be...
Climate Change Disclosure
In an article titled “Making Impact Disclosure Mandatory” that appeared in the The Hindu Business Line on December 06, 2007, I have argued for imposing mandatory requirements on climate change disclosures by companies. Despite the wide range of risks and opportunities that climate change presents to the corporate sector, the level of disclosure to investors and deliberation of corporate policies...
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