• Blog

Making a Positive Impact: How Data Science is Being Used for Social Good

  • Source : Maryville University
  • 1 March 2020
This article highlights various ways data science is being utilized for social good, demonstrating its capacity to drive positive impact across diverse sectors. It covers applications ranging from improving healthcare and education to addressing poverty and environmental issues. The piece showcases how data-driven insights can inform decision-making, optimize interventions, and create more equitable and sustainable solutions for societal challenges. It underscores the growing role of data science in humanitarian and social impact initiatives.
  • Media Article

How Data Science Helps Conquer the Global Water Crisis

  • Source : Masters in Data Science
  • 1 March 2020
This article explores how data science and analytics are crucial in tackling the global water crisis. It details how real-time monitoring via sensors, well-water flow tracking, and local usage trend-mapping provide comprehensive insights into water availability and issues. Data analysis helps identify sources of water-borne diseases and promotes smarter water use through efficient technologies and conservation. The piece also anticipates AI’s growing role in automated monitoring and optimizing water distribution networks, emphasizing the need for skilled data scientists to drive future solutions.
  • Case Study

The use of development funds for de-risking private investment: how effective is it in delivering development results?

  • Source : European Union
  • 1 February 2020
This report critically assesses the effectiveness of using Official Development Assistance (ODA) to de-risk private investment for development projects, particularly in light of the Sustainable Development Goals (SDGs). It examines various de-risking initiatives and their reported success in mobilizing private finance. However, it also raises concerns about potential issues such as private shareholders benefiting at the expense of needy sectors, insufficient funds to close the SDG gap, and long-term risks for development agencies.
  • Case Study

Social Impact Investing in India- A Road Less Travelled

  • Source : India Corp Law
  • 1 February 2020
This article explores the nascent yet growing concept of social impact investing in India, focusing on Impact Bonds (IBs), specifically Social Impact Bonds (SIBs) and Development Impact Bonds (DIBs). It highlights how these innovative financial instruments attract private investment for social programs, addressing the funding gap for development. The piece discusses their structure, growth, legal framework in India, and the need for greater awareness and policy support, especially in channeling CSR funds towards these mechanisms to achieve the UN Sustainable Development Goals.
  • Media Article

Quality of Data in NFHS-4 Compared to Earlier Rounds

  • Source : Economic & Political Weekly
  • 1 February 2020
This article examines the quality of data collected in the National Family Health Survey-4 (NFHS-4), comparing it with previous rounds of the survey. It provides a detailed analysis of how data quality has evolved over time, identifying improvements made in data collection methodologies, sampling techniques, and coverage. Despite these advancements, the study also discusses persistent challenges such as reporting biases, inconsistencies in data across regions, and underreporting in certain categories. These challenges continue to affect the reliability of the data, although the NFHS remains a critical source of health and demographic data for India.
  • Media Article

Rethinking fire with data analytics and systems design

  • Source : Towards Data Science
  • 1 February 2020
This MIT News article explores how data analytics and systems design are being used to rethink approaches to fire management and prevention. It likely discusses innovative methods for analyzing fire behavior, predicting wildfire spread, and optimizing resource allocation for firefighting efforts. The piece emphasizes a holistic, data-driven approach to understanding and mitigating the impact of fires, integrating technological advancements with systemic thinking to develop more effective strategies for public safety and environmental protection.
  • Media Article

How Data Science Is Being Used To Tackle Childhood Obesity

  • Source : Forbes
  • 1 February 2020
Data science and AI are increasingly vital in combating childhood obesity, offering tools for early prediction, personalized interventions, and comprehensive management. Machine learning models analyze diverse data, including BMI, electronic health records, and lifestyle factors, to identify at-risk individuals and optimize therapies. Wearable devices and digital health technologies enable real-time monitoring and behavioral nudges. These data-driven approaches improve diagnostic accuracy, support clinical decision-making, and promote tailored strategies for prevention and treatment, ultimately aiming to reduce the global burden of childhood obesity.
  • Case Study

Sustainable Finance Framework

  • Source : Deutsche Bank
  • 1 January 2020
This framework outlines Deutsche Bank’s approach to sustainable finance, detailing its methodology and procedures for classifying transactions and financial products as sustainable. It applies globally across various business divisions, encompassing products with environmental, social, and governance (ESG) characteristics. The framework emphasizes the bank’s commitment to contributing to an environmentally sound, socially inclusive, and well-governed world by supporting clients in their transformation. It aligns with universal sustainability frameworks and sets ambitious quantitative targets for sustainable financing and investments.
  • Case Study

Social Stock Exchange -Inputs from CSR, Foundations, HNWIs and Everyday Givers

  • Source : Sattva Publications
  • 1 January 2020
This publication from Sattva Publications explores the potential of the Social Stock Exchange (SSE) to mobilize capital from various sources, including CSR funds, foundations, High-Net-Worth Individuals (HNWIs), and everyday givers, for social enterprises. The provided search result snippet refers to a broader study on the impact of Public Sector Organizations (PSOs) in philanthropy in India, Kenya, and Russia, indicating an analysis of how different funding channels contribute to social impact. While specific details on SSE inputs are not in the snippet, it contextually links to broader philanthropic funding mechanisms.
  • Case Study

Report on Social Stock Exchange

  • Source : SEBI
  • 1 January 2020
This report by the SEBI Working Group details the framework for a Social Stock Exchange (SSE) in India. It discusses the need for a dedicated platform for social enterprises to raise private funding, outlining proposed reporting standards for both for-profit and non-profit organizations. The report aims to foster transparency, accountability, and efficient capital allocation in the social sector, contributing to robust ethical governance and financial stewardship within social purpose organizations.
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