Ethics Sustainability and Governance !

Luxembourg-Sustainability-Forum-24-09-2015-247

Luxembourg-Sustainability-Forum-24-09-2015-247

I was last Thursday at IMS Luxembourg event « the European Forum on Sustainability. »

Many panels The ones I followed speak about Sustainability for Digital, Territories, and Finance. And I was wondering: Don’t we need to add Sustainability to companies governance and operational processes? The operational practices of managers or the strategic vision of board directors are not already including Sustainability?

Different levels of implication has been shown.

For exemples: in Digital sector, fast change and connectivity at 3 levels, satellites, infrastructures, and devises are in action. In Finance sector, different economies are emerging in parallel,. Some of them are related to « human power»  and they are driving the changes.

Some trends will  be interesting to follow.

In all Europe, more reglementation and tools are developed to help start up, and new innovative business, but for bank transformations more flexibility is needed.

Lots of new interesting combined initiatives are developed  regarding Sustainable Development in territoires, but at what economic cost?

Right skill right level of qualification for new generation!

And some changes to perform

Companies are exchanging  a lot on ideas or definitions of values, SR indicators…,but would not it be more efficient to look at them in a more practical and operational way? For exemple promoting internally training with topics like ethics, diversity, social responsability

Social economy are values oriented and engagement but they are not necessary formalized as they don’t communicate or use this advantage for.

For « the future we need » (slogan the IMS 2015 day) many solutions can be built. But all of them can be accelerated by a better governance taking into account Sustainability.

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