CSRminute: Pro Mach Wins "Manny Greeny" Award from Cincy Magazine; Small Industries Development Bank of India Will Use $100M Loan from World Bank for Microfinance

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CSRminute: Pro Mach Wins "Manny Greeny" Award from Cincy Magazine; Small Industries Development Bank of India Will Use $100M Loan from World Bank for Microfinance

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CSRminute: 6/22/10 - Pro Mach Wins "Manny Greeny" Award; India Uses $100M Loan from World Bank for Microfinance. http://3bl.me/5mcqyy #CSR

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Summary

theCSRminute is your daily video digest of the most relevant Corporate Social Responsible news of the day. Our team of 3BL Media correspondents tracks the global world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.

theCSRminute can be seen daily on 3BL Media’s CSR Network—the largest network of CSR channels across the internet, on Reuters Project Insider, and right here on the 3BL Media.   

Tuesday, June 22, 2010 - 10:41am

CAMPAIGN: The CSR Minute

CONTENT: Press Release

Hello, I’m Emily Polk, and these are your CSR Minute headlines for Tuesday, June 22nd:

Pro Mach has been awarded the first Manny Green Award from Cincy Magazine for manufacturing initiatives and product innovations that help customers improve package sustainability. Pro Mach, a provider of packaging products and solutions, collaborated with several major bottled water companies to package water in lighter weight, thinner, and smaller containers and caps. One of these companies estimates they are using 1/3 less plastic, a reduction of more than 95 million pounds at a cost savings of more than 460 million dollars. 

The government of India has approved a proposal to draw a loan of $100 million dollars from the World Bank to promote microfinance in the country. The Cabinet Committee on Economic Affairs cleared the proposal for lending to the Small Industries Development Bank of India which will disburse the funds. Growth in the microfinance sector in India has been very high in the last few years, with some institutions registering 100 percent  year-to-year growth. 

For more information on these and other stories, go to thecsrminute.com. 

Keywords: 3BL TV | 3bl Media | CSR | CSRminute | Corporate Responsibility | Finance | India | Pro Mach | World Bank | microfinance

CAMPAIGN: The CSR Minute

CONTENT: Press Release

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