Present Paola

Paola Ghillani & Friends AG: 

Paola Ghillani & Friends AG What kind of Humanity do we want?

Sustainability?: 

Sustainability? Unifies 3 objectives: Economical performance Social development Respect of the environment Corporate Responsibility towards „Stakeholders“

Profit: do something “FOR”?: 

Profit: do something “FOR”? Profit maximisation in the short term: a few beneficiaries only Profit optimisation in economical, social and environmental terms: benefits to many (stakeholders)

Put again the church in the middle of the village: 

Put again the church in the middle of the village What is our reason for BEING? Human? What is the role of the economy? Purpose of our lives? or instrument for human development? Who has got the power? Shareholders? Or consumers?

Why companies show interested in integrating in their strategy sustainability principles?: 

Why companies show interested in integrating in their strategy sustainability principles? For image/reputation purposes To answer consumers demand for more transparency To answer the investors demand (financial analysts and media role) Because companies see sustainability as a competitive advantage Because top managers believe in it

Examples: 

Examples Family companies Companies quoted at the stock exchange: Products or services

Investment: the Norvegian model: 

Investment: the Norvegian model Advisory Board in « ethic in business » at the Norvegian Central Bank Norges Bank administers pension funds essentially coming from the gas and oil industry: 196 Billion EURO: 2nd worldwide 0.3% stocks traded worldwide: 3200 companies ROI: 11,1% ou 20 Billion Euro Ethical Guidelines for pension funds + exclusion criteria, ie. Weapons, etc. Pressure on companies where social and/or environmental codes of conduct are not respected, and/or unsufficient good practices in the corporate governance

Life cycle of a product/service/enterprise: 

Life cycle of a product/service/enterprise Results Time Innovation Manager Innovation Pioneer

Example: Hubbert’s curve USAOil production USA: 

Example: Hubbert’s curve USA Oil production USA

Slide13: 

Brent $/bl Brent corrigé de l’inflation $/bl Chine 1re guerre du Golfe OPEP

Slide15: 

2006

Slide17: 

2015

Slide18: 

” Don’t ever think that a small group of conscious and dedicated people aren’t able to change the world. In fact this is the way it always happened!” Margaret Mead