02.17.08
Posted in exchanges, rating agencies, India at 5:11 pm by Andrea McGrath
Standard and Poor’s (S&P) Crisil and environmental and research firm KLD Research and Analytics have launched a new Environment, Social, and Governance (ESG) Index in India (S&P ESG India Index). The new ESG index comprises 50 Indian companies drawn from the largest 500 companies listed on the National Stock exchange - and was a pilot project initiated and sponsored by the International Finance Corp (IFC). As discussion of measurement in the nonprofit sector once again is gaining energy and debate - it’s interesting to think through what we can learn from these new performance indices. As traditional ‘for-profits’ - and those that rate their performance - are beginning to think through how they gain clarity on ‘social, environmental and governance’ metrics - it is interesting to think through how can we build on these and apply them to this emerging “middle space” of enterprises that are pursuing both financial and social returns. What can we learn about what can be comparable in ‘social’ measurement and how (if) it might apply with emergent social capital markets.
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12.28.07
Posted in Uncategorized, economics, India at 3:11 am by kevindjones
This is my response to Shana Ratner, whose work I admire, on what to measure. I have a house in Sonoma California. I noticed today two shops that seem to be doing well. one was consignment furniture, another was consignment couture; people selling their furniture and their high end, glittery gowns and things. I think, in light of the wonderings about recessions, peering under rugs for canaries in the mine, that those two shops numbers (number of consignment sellers, avg. dollar of items sold, throughput of retail stock, etc. factored against new car sales, by price, and new home sales, by price, factoring in time on the market for home sales and slicing in forclosures or other signs of housing distress,and then doing a similar slice by price and item in local newspaper classified ad line sales from individuals those are measurements that would be meaningful and that would let me know whether, for example, i’d want to start a competing newspaper here, or some other business. i believe in measurement where there is an outcome that results in more money flowing or more perception of trends and value over time. i believe in measuring soft things, like you do in a failing community’s assets. in social enterprise, it’s been mostly academic hand jive. additive friction without additive value. measurement should increase the flow of value, not be a net cost.
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11.15.07
Posted in exchanges, India at 4:19 pm by kevindjones
India Development Gateway was founded by an Ashoka fellow who now runs a microfinance strategy and research group called Intellecap in Mumbai and Hyderabad, it’s a new investor-matching platform that plans *not* to make the same mistakes as the orignal SeaChange.org. The new site is scheduled to relaunch tomorow, Friday, November 16th.
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