CSRMinute: Life Technologies Starts Responsibility Program; SKS Microfinance Goes for $250M IPO

Primary tabs

CSRMinute: Life Technologies Starts Responsibility Program; SKS Microfinance Goes for $250M IPO

tweet me:
CSRminute: 7/16/10 - Life Technologies Starts Responsibility Program; SKS #Microfinance Goes for $250M IPO. http://3bl.me/5gsq4w #CSR

Multimedia from this Release

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.

Friday, July 16, 2010 - 9:09am

CAMPAIGN: The CSR Minute

CONTENT: Press Release

Hello, I’m Gretchen Siegchrist, and these are your CSR Minute headlines for Friday, July 16th:

Life Technologies has released its 2009 Global Citizenship Report. The report outlines the company’s Design-for-Environment principles and Product Stewardship program, and announces the launch of its Responsibility Program, which uses detailed information to help customers choose products to reduce their impact on the environment. In addition, the company is researching more sustainable packaging, a reduction in the use of hazardous materials, and the re-engineering of instruments for energy and space consumption. Life Technologies is also applying for LEED certification for its headquarters in Carslbad, California.

SKS Microfinance is proceeding with its plans for an IPO. The company expects to raise more than $250 million dollars within the next 30 days. SKS would be the first microlender in India to go public. SKS is the largest microlender in India, with a portfolio of $1 billion. About $5 billion in microloans were made in the country last year. The IPO has fueled a debate over profit versus altruism in microfinance circles.

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

 

Keywords: 3BL TV | 3bl Media | CSR | CSRminute | Corporate Social Responsibility | Finance | IPO | Life Technologies | Microloans | Responsibility Program

CAMPAIGN: The CSR Minute

CONTENT: Press Release