Business:

Richard Branson will give $3 million to whoever reinvents the air conditioner

Global warming and people rising out of poverty are sure to bring about a big surge in the production of air conditioning units, which are massive energy consumers. Richard Branson, having realized the risk this poses in our quest to reach our climate goals, has started a $3 million competition to spur new air conditioning technology. To have any chance at winning, participants must come up with a solution that has five times less climate impact than a standard AC at no more than twice the cost.

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  • Fast Company
  • Date:11/13/2018

How to tie executive compensation to sustainability

The challenge of running a sustainable enterprise has taken center stage among shareholders. Last year, for example, Russell 3000 companies received 144 shareholder proposals requesting action on social and environmental issues.

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  • Date:11/13/2018

How energy works on the blockchain and why entrepreneurs should pay attention

Blockchain, most of us can't control where our power is coming from, yet. But, with blockchain, that day is coming; and businesses will benefit.

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  • Date:11/12/2018

Blockchain is reinventing the business model of the healthcare system

A 2017 report estimated that around 90 percent of healthcare companies from 16 countries are expected to use blockchain technology to reinvent their business models. This prediction seems to hold true as healthcare firms are increasingly using the technology for the enhanced efficiency and security that it can offer. Blockchain allows for a secure distributed ledger that not only can aid in medical billing via cryptocurrency, but it can be used to validate clinicians’ credentials, control access to patients’ records, secure the medical supply chain, and verify clinical tests.

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  • Forbes
  • Date:11/09/2018

This firm employs Kenyans below the poverty line to create data for AI

San Francisco-based company Samasource is employing impoverished Kenyans to create data that’s later used by high-level tech firms. Each day, the employees—75 percent of whom come from the slums—annotate images so that automated driving systems can “recognize” objects in the real world. Before being hired, the average employee was surviving on $2 a day. Now they earn around $9 a day. While that doesn’t seem like much, it makes a world of difference for those being employed. And unlike other places where jobs are being “outsourced”, this Nairobi-based office provides maternity leave and flexible schedules for its employees.

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  • BBC
  • Date:11/06/2018

Patagonia stores closed on Election Day to get voters to the polls

Eco-friendly outdoor retailer Patagonia is encouraging citizens to get out and vote today by closing all its US-based stores. The retailer’s deed is part of a Time to Vote campaign supported by a number of major US companies that have made efforts to provide employees with enough time to vote.

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  • The Blaze
  • Date:11/06/2018

General Motors is adding electric bikes to their line of products

As part of its goal to reduce and eventually eliminate carbon emissions, General Motors will start selling its own electric bikes as soon as 2019. The car company is introducing two models, one foldable and one compact, which are designed for urban commuting. The electric assist on the bike will help commuters get to work without building up too much of a sweat or leaving them feeling like they need a shower.

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  • Fortune
  • Date:11/05/2018

How food entrepreneurs are saving the planet

'There's a lot of interest in bigger companies acquiring these smaller innovators like Tofurky. I see that as a really good sign,' says Jaime Athos.

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  • Date:11/01/2018

This beauty brand wants to cure the industry’s packaging addiction

The $445 billion beauty industry is blowing up, with new products flooding the market every day. To stand out on Sephora or Walgreen aisles, brands have resorted to more and more dramatic packaging.

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  • Date:10/31/2018

The freelance economy is booming in African countries

Modern technology is allowing African countries to embrace a rising wave of informal employment in the shape of short-term, freelance work. Digital platforms are making it easier and more efficient for working people across Africa to engage in flexible jobs like ride-share services, e-commerce sellers, or stay-home hosts. In fact, flexible jobs have become so popular in many African countries that the gig economy could just be called “the economy.” For example, just 17 percent of Kenyan employment is formal, full-time work.

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  • Quartz
  • Date:10/30/2018
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