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CSR Minute: Accion International Reports on Microfinance Summit in India; Italy Bans Water Bottles

The CSR Minute is 3BL Media’s daily video digest of the most relevant and timely CSR and Sustainability content all in about a minute. The 3BL Media team tracks the expanding world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.

Accion International has released a report on microfinance trends in India. The white paper is a summary of discussions between global and local industry leaders and experts held at the recent investment conference, “Microfinance: Cracking the Capital Markets, South Asia 2010.” The report highlights seven key themes, and provides in-depth perspectives on opportunities and challenges facing the Indian microfinance industry. The number of microfinance clients in India has tripled since 2005, to 70 million clients today.

Hikers and tourists to the Italian national park that encloses the Cinque Terre region south of Genoa will be required to buy one-euro, reusable metal flasks for water, as plastic water bottles are now banned from the area. The flasks can be filled from newly-installed public water fountains which offer chilled, fizzy, and still water. Three million visitors a year visit the World Heritage coastline, discarding over two million plastic bottles onto beaches, mountainsides, and hiking trails.

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Written by Cindy Hoots

With more than 10 years experience working for a major Fortune 500 company, Cindy specializes in socially and environmentally responsible business strategies. She has developed successful corporate communications and stakeholder engagement strategies on contentious sustainability issues and has worked with a number of NGOs and activist organizations on how to effectively partner with multinational companies. Cindy frequently writes about topics ranging from what is corporate social responsibility to sustainable supply chain and measuring a company's environmental impact. She believes business plays a vital role in the health of our communities and our planet.


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