1. Home
  2.  |  
  3. News Capsule  |  

Fortune released maiden Change the World List

Aug 26, 2015 12:06 IST

Fortune, an American business magazine, on 20 August 2015 released its maiden Change the World List.

It listed out the companies that have made significant progress in addressing major social problems as a part of their core business strategy.

The list consists of a range of companies including telecommunications (Vodafone), retailing (Walmart), automobiles (Ford; Toyota) and information technology (Google; Facebook, IBM).

Highlights of Change the World List

• Among the 51 companies it listed out the UK based Vodafone and Kenya based safaricom together ranked no.1 in the list. The joint service M-Pesa lets people who lack bank accounts use their smart phones to save and transfer money, receive pensions, and pay bills is. At present 42 percent of Kenya’s GDP is transacted through it.
• The second rank was given to the search engine giant Google (Alphabet) that provides various communication tools to bridge gaps across the space and time.
• While Toyota automobile company was place at the third position, retail giant Walmart was at the fourth.
• Bangladesh based Grameen Bank was at the 12th position that helped millions of people to overcome poverty.
• Other important companies that are in the list are Alibaba, Starbucks, Unilever, Nike and Twitter.

Now get latest Current Affairs on mobile, Download # 1  Current Affairs App

Is this article important for exams ? Yes17 People Agreed

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK