Beyond Traditional Corporate Governance – Sustainability & innovation
On 9th November EY, ecoDa and the Slovenian Directors’ Association organized European Corporate Governance Conference 2021 and brought together decision-makers, academics and key business experts from EU and beyond.
A discussion about Corporate Governance along the lines of Sustainability & Innovation was quite timely given the European Commission ongoing initiatives related to the European Green Deal and the Capital Markets Union, such as Sustainable Corporate Governance, Corporate Sustainable Reporting and external audit.
We are happy to invite you to watch the video of the ECGC2021 and listen in on a conversation between prominent guests!
VIDEO >>>
During the event, panelists underlined that it was increasingly the case that a company's purpose needed to be built around long-term sustainable value creation which took all stakeholders' interests into account and that a move towards a stakeholder capitalism model from shareholder primacy was ongoing. Moreover, the challenges and potentials associated with sustainable corporate governance were set out, with speakers underlining the need to ensure adequate oversight of value chains. There were also calls heard for any legal changes, as proposed by the EU, to consider European businesses' competitiveness, with several interventions expressing the need for there to be a level playing field for both European and third country actors. In this regard, the question was also raised as to whether Europe could roll out a sustainable corporate governance framework alone, with an emphasis on the importance of trying to push for global standards in this area.
FULL REPORT >>>
Thank you for supporting ECGC2021!
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