Aravind Eye-care System based in Madurai is the world’s largest ophthalmologist provider in the world with more than 350,000 eye operations a year. About 60 percent of operations are at low-cost or no cost, which makes it one of the best examples of social impact at the lower end of the pyramid. Continue reading “Wonder of Aravind Eyecare System: Thing of Consciousness”
The Global Impact Investing Network (GIIN) just released a report on impact investing market. Looks an interesting read. 1340 organizations manage $502 bn assets globally which is less than 1 percent of the size of global capital markets. Asset managers dominate with 51% of estimated AUM and DFI at 27%. To make the impact space more impactful, the size of DFI must increase exponentially. Maximum number of the sample organizations are headquartered in North America.
Iceland passed the world’s first equal pay rule on January 1 2018 for companies with 25 employees and more with four years to be compliant. The rule becomes a benchmark to bridge inequity in the pay based on gender.