Reliable information on companies’ social and environmental performance is scarce, especially in emerging markets. That is not news to anyone who has ever worked in the area of business and development. The news is in the initiative recently launched by IFC to remedy the problem.
Through its Capturing Value program, the IFC is hoping to encourage research on the topic by establishing a competition for the best ideas on the subject. Grants of up to $500,000 for organizations that can meet the challenge are available.
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