ecoDA conferance: Looking beyond financial performance

Global challenges like social inequality and environmental sustainability have spurred a deep reflection across the international community on how to rebuild trust in the economy. Policy-makers and business community agree on the need to re-align societal and corporate interests, thus ensuring the sharing of the costs and the benefits of the transition to a sustainable economic paradigm.

As recognized by the EU in its 2030 Sustainability strategy, as well as by the UN SDGs, one of the cornerstones for a successful transition is developing common qualitative criteria and benchmarks to ensure that economic growth is delivering societal progress. Financial performance is a necessary but not a sufficient element of success in a market economy. We need to define sustainable societal outcomes and then measure progress against them in a holistic and integrated way. These metrics should form part of the fundamental enablers to drive the much-needed change in business models, so that financial growth is not an end itself, but a means to link successful business and prosperous communities, considering whether wellbeing today is being achieved at the cost of depleting resources for tomorrow.

Welcom to a joint conferance from ecoDa, Pwc and the World Business Council for Sustainable Developmenet (WBCSD) in Brussels, 7th May 2019:

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PROGRAMME: 

13.00: Registration & Sandwich lunch
14.00: Welcoming speech: Jan Wesseldijk, ecoDa’s Chair
14.10: Keynote address: (tbc)

14.20: ROUNDTABLE 1: THE NOTION OF GLOBAL PERFORMANCE

Global performance is a concept which broadens the spectrum of factors taken into account in a company’s strategy. It provides business decision-makers with a framework to ensure long-term sustainability by gradually achieving synergies that maximize the gains for the company itself, the environment and society. Moderation: Maija Laurila, DG Justice, European Commission

  •  Félix Torres, L’Institut de l’Entreprise: “The new combination of financial capital, human capital, global performance and collective raison d’être”
  • Nina Lazic, Finance Watch (tbc)
  • Jean-Christophe Georghiou, the Assurance Policy leader for PwC in Europe: “What indicators for global performance?”
  • Lutgart Van den Berghe, Leader of The Corporate Governance Dialogue at ecoDa: “The board’s role in challenging more the shareholders without being put in a mediation role”
  • Fianna Jurdant, Senior Policy Analyst, OECD

15.45: Short break

15.55: ROUNDTABLE 2: TOMORROW’S SUCCESSFUL BUSINESS ACTS TODAY

For a successful and inclusive transition to sustainability, corporate governance and decision-making must be structured so that directors can transparently and effectively take into account the future impact of their decisions.
Moderation: Yannick Jadot, European Parliament (tbc)

  • Mario Abela, World Business Council for Sustainable Development (WBCSD), “A Global Perspective on Governance: What we know”
  • Karina Litvack, Non-Executive Director, Eni S.p.A., “How boards can oversee their companies’ climate transition strategy: launch of the World Economic Forum’s Climate Governance Initiative - Principles for Non-Executive Directors”
  • Philippe Joubert, Founder, Earth on Board / Former Deputy Managing Director of Société Générale
  • Anna Daroy, Interim Director General, the British Institute of Directors
  • Nadia Theuma, Executive Director Paragon Europe and IoD member Malta, “Importance of sustainable leadership”.

17.20: Improving governance and internal oversight – WBCSD Presentation by Mario Abela 
17.40: Concluding remarks: Jan Wesseldijk, ecoDa’s Chair

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