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		<title>EU: Towards a More Sustainable Corporate Development?</title>
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		<dc:creator><![CDATA[Federica Sasdelli]]></dc:creator>
		<pubDate>Fri, 09 Jun 2023 13:17:40 +0000</pubDate>
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					<description><![CDATA[The Corporate Sustainability Reporting Directive (CSRD) published in December 2022 is the most recent step towards a more sustainable development at a European Union level. &#8230; ]]></description>
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									<p>The <a href="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32022L2464&amp;from=EN%20https://www.tandfonline.com/doi/full/10.1080/14693062.2022.2116383">Corporate Sustainability Reporting Directive (CSRD)</a> <span style="color: #000000;">published in December 2022 is the most recent step towards a more sustainable development at a European Union level. In detail, it aims to ensure that companies provide adequate information regarding the way they operate and the impact they have on the environment. The implementation of this new piece of legislation will not only have an impact on our continent, but globally, as the European market is one of the central hubs of world trade.</span></p><p><span style="color: #000000;">The CSRD amends other pieces of legislation, specifically the</span> <a href="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32013L0034">Accounting Directive (Directive 2013/34/EU)</a>, the <a href="https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2004:390:0038:0057:EN:PDF#:~:text=This%20Directive%20establishes%20requirements%20in,operating%20within%20a%20Member%20State.">Transparency Directive (Directive 2004/109/EC)</a>, the <a href="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32006L0043">Audit Directive (Directive 2006/43/EC)</a> and the <a href="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32014R0537">Audit Regulation (Regulation (EU) No 537/2014/)</a>, <span style="color: #000000;">besides replacing the</span> <a href="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32014L0095">Non-Financial Reporting Directive (Directive 2014/95/EU)</a>.<span style="color: #000000;"> The implementation of such measures is essential to build a greener society and for the fight against climate change. The development of this directive represents an essential progress in the path towards the Sustainable Development Goals that need to be achieved within 2030. In particular, it focuses on the 13<sup>th</sup> goal, which is to say ‘climate action’. As a matter of fact,</span> <a href="https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/eu-position-world-trade_en">the European market is the most important in the world when dealing with global trade</a> <span style="color: #000000;">and its attitude and policies have consequences all around the world. This is why the implementation and the correct application of the CSRD is particularly relevant not only for the Member States of the EU, but also outside our continent, in particular for <a style="color: #000000;" href="https://policy.trade.ec.europa.eu/development-and-sustainability/support-developing-countries_en#:~:text=The%20EU%20wants%20to%20help,of%20their%20own%20development%20strategies">developing countries</a> that are strongly connected to the European market. Its application will push a more sustainable development at a global level and consequently facilitate the achievement of the 2030 goals.</span></p><p><span style="color: #000000;">The CSRD has significantly increased the number of companies required to publish</span> <a href="https://en.wikipedia.org/wiki/Environmental,_social,_and_corporate_governance">ESG</a><a href="https://en.wikipedia.org/wiki/Environmental,_social,_and_corporate_governance"> (</a><a href="https://en.wikipedia.org/wiki/Environmental,_social,_and_corporate_governance">environmental, social and governance</a><a href="https://en.wikipedia.org/wiki/Environmental,_social,_and_corporate_governance">)</a><span style="color: #000000;"> information and has defined more comprehensive and detailed guidelines compared to preceding NFRD (Non-Financial Reporting Directive) based legislation. One of the core points of the European Commission NFRD (Art. 19a. 1) was that public entities with more than 500 employees shall include non-financial information in their annual reports, this set the basis for further development carried out by the CSRD. Then the CSRD goes beyond, stating the five most crucial policies for tackling climate change, in detail: the development of clean energy infrastructure, the building of efficiency retrofits, the education and training for workers, natural capital investments and clean R&amp;D (Research and Development). As we can observe, there is no mention to corporate ESG reporting which is particularly problematic, as no guidelines are provided to companies. Consequently, the work for the firms involved is not as easy as it should have been, and reaching the Green Deal goals within 2050 is essential, but at the same time challenging.</span></p><p><span style="color: #000000;">Specifically, the</span><a href="https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en"> European Green Deal (EGD)</a> <span style="color: #000000;">is based on sustainable principles and is a series of measures that allow the reduction of carbon and air pollutants in the atmosphere while balancing economic development, safety and European citizens&#8217; quality of life. One of the crucial points is the implementation of the European climate law, which targets achieving climate neutrality by 2050. In this context, corporations play a fundamental role since a significant portion of the emissions stems from their activities.</span></p><p><span style="color: #000000;"><strong>What does the CSRD imply for corporations and the environment and how did we reach it?</strong></span></p><p><span style="color: #000000;">The CSRD represents a significant improvement regarding the drafting of reports in companies and organizations, as it provides several requirements that companies need to meet, in order to achieve the European Green Deal and the Union’s climate-neutrality goal for 2050. For this reason, the setting of reporting standards is essential, with the purpose of empowering the European Commission to adopt them. In addition, in the directive relevance is given to the ‘double materiality principle’: companies are required to provide information both on how sustainability issues affect their work and development (the ‘outside-in’ perspective) and on their impact on people and the environment (the ‘inside-out’ perspective). The goal is to standardize the sustainable reports of the companies located in the countries involved, despite the differences they present among them. According to CSRD’s provisions, a company needs to develop a dedicated section of its management providing the information necessary to understand its impact on sustainability matters.</span></p><p><span style="color: #000000;">In people’s perception these aspects have acquired significant importance since COVID-19 pandemic has brought the climate change agenda forward, as we all now have to understand if its impact will be the same as the pandemic or even worse. For this reason, it is essential to increase the development of sustainable initiatives, such as developing clean energy infrastructure, building efficiency retrofits, educating and training workers, investing in natural capital and promoting clean R&amp;D. It is also important that the EU itself supports the economy and supports the path towards the Green Deal 2050 with ad-hoc policies and laws. Several studies have been carried out focusing on different areas of Europe, aiming at understanding the main characteristics of corporate sustainability and highlighting the steps forward that need to be taken. Specifically, such research has been developed aiming at understanding the impact of the CSRD on several areas and sectors and in which ways it can benefit the sustainable development of corporations.</span></p><p><span style="color: #000000;">In particular, two main studies can be considered relevant in this sense, we are going to compare the effect of the above-mentioned policies on some European countries with particularly dissimilar backgrounds as regards this field: Sweden and Czech Republic.</span></p><p><span style="color: #000000;"><strong>The Swedish case: pioneers of corporate sustainability</strong></span></p><p><span style="color: #000000;">It is a well-known fact that Sweden has always been one of the global leaders in corporate sustainability. Since the past century, this country has been one of the pioneers as regards testing different innovative reporting practices. An interesting</span> <a href="https://onlinelibrary.wiley.com/doi/full/10.1002/bse.2937">research carried out by Professors Susanne Arvidsson and John Dumay </a><span style="color: #000000;">has shown the changes that are affecting Swedish corporations from a sustainable point of view. First of all, some of the most topical environmental themes in which Swedish companies are more active include reducing CO2 and other emissions, recycling and disposing of other waste sustainably, minimizing the consumption of water, energy and other resources, using renewable energy, fostering biodiversity and implementing ISO14001. A decade ago, Swedish companies were ranked fourth in the world for integrating ESG information into corporate reports. However, today the EU Directive reports made available by the Alliance for Corporate Transparency have shown that things have changed and Swedish companies are no longer in the lead. In this case it does not seem that the EU Directive has improved their performance. In addition, today&#8217;s regulatory climate and increased ESG interest among Swedish investors have affected Swedish ESG reporting and these issues have become relevant in corporate reporting and performance.</span></p><p><span style="color: #000000;">Because of this change of situation, it is essential to understand what Swedish policymakers can do to improve corporate transparency and rebuild trust among investors and stakeholders. In particular, at the moment they are encouraging mapping and reporting climate-related risks, in order to implement the climate transition of the economy and to reduce the risk of a future financial crisis due to climate change. Both the EU Green Deal and financial market actors point out the need for enhanced ESG information quality when assessing corporate ESG performance and to redirect financial flows towards investments to mitigate the climate crises. However, because of their association with the EU, Swedish policymakers must first implement any policy changes at the EU level before considering Swedish measures. If they continue to transpose the European reporting directives into law, they will mainly adapt Sweden&#8217;s ESG reporting development to the wishes of the European Commission. Nevertheless, the provisions of the European regulation do not prevent Swedish policymakers from introducing proactive policies for improving ESG performance and especially practices aimed at tackling climate change. For example, the NFRD has been transposed into national law in European countries. As we have seen, it requires all large firms, with 500 employees or more, to map and report on climate-related risks. In Sweden, the limit was lowered to 250 employees. In addition, Sweden is currently working towards a green economy by 2045, 5 years ahead of the EU&#8217;s Green Deal goal. The country is implementing several environmental policies, such as expanding renewable energy resources, turning wood into textiles, promoting sustainable development, creating climate-smart cities and changing consumer behavior to help build a circular economy.</span></p><p><span style="color: #000000;">All in all, the results of Arvidsson and Dumay’s work show that larger firms are keener on reporting on climate-related risks than smaller companies. However, we have to say that external reporting is often general and lacks details. Without improved (and detailed) guidelines from policy-makers on how to integrate these issues into the decision-making processes of firms, it is unlikely that the EU’s new policies, such as the CSRD, will achieve their aim to strongly impact on firms’ behavior and financial investment decisions. It is also essential to consider that the Swedish case is quite controversial (as it is a country that already had a good starting point) and probably national policies may be the solution, in order to be perfectly suited and adapted to the Swedish context.</span></p><p><span style="color: #000000;"><strong>The Czech case: how government can contribute in corporate sustainability</strong></span></p><p><span style="color: #000000;">The second relevant European case to take into account regards the Czech Republic and more extensively a lot of Eastern European countries. As a matter of fact, several nations located in this geographical area still need to improve for what concerns corporate sustainability and the development of sustainable policies and laws. In contrast to Sweden, where high-quality and sustainable reporting is widespread, the Czech Republic begins from a dissimilar standpoint, where such reporting is still rare.</span></p><p><span style="color: #000000;">As stated in</span> <a href="https://www.emerald.com/insight/content/doi/10.1108/SBR-07-2021-0114/full/htm">Balogh, Srivastava and Tyll’s work</a>, <span style="color: #000000;">in the past years Central and Eastern Europe have made significant progress in sustainability. Nevertheless, this is not sufficient to keep up with the demands. In addition, in the CEE region companies are strongly linked with the government and consequently have a more difficult self-development (it will be more complicated for them to develop their own strategies and plans, because of the strong connection to the government and the less freedom they enjoy regarding decision-making). This highlights the importance of an international and larger board structure that enhances the evolution of ESG disclosure and its consequently implementation. This is because foreign board members are usually more aware of environmental issues and improving disclosure quality among others. They also bring to the firm foreign practices, being aware of international standards, and by doing this are able to improve the existing situation. This leadership may lead to the attraction of investments both at a local and at an international level, however, Czech Republic’s firms are still quite behind in entering into the international market. This happens because many firms tend to focus more on what is considered important for the national market, not considering other matters, such as environmental disclosures, which are more relevant for the international market. This is an important point, as it shows that in this country considerable efforts still need to be made in order to increase corporate awareness regarding this topic. Another evident lack in Czech Republic corporations is the presence of female directors. This represents a problem regarding both gender equality and environmental awareness, as in general, women are more sensitive towards ethical and environmental issues. Another key point is that ESG disclosures can also be used as a sustainable competitive advantage to boost the sales and profit of these firms. It has been demonstrated that the propensity to incorporate CSR concepts is strongly influenced by the size of the firm: in 2014 Czech Republic implemented the EU Directive on non-financial reporting measures (2014/95/EU) and in 2017, it was made mandatory for companies which had more than 500 employees to report non-financial measures. Consequently, SMEs (Small and Medium Enterprises) in the CEE region remain excluded from these provisions and usually they do not have a plain understanding and are not able to use this type of communication in the most proper way.</span></p><p><span style="color: #000000;">Despite these difficulties, when dealing with sustainable corporations in the Czech Republic we have to mention that the national government made a step forward with regards to the form presentation of CSR reports by the firms. As a matter of fact, Czech companies have to file their reports with the Commercial Register to be e-published and so made digitally and freely available to the public. By the operation of EU law, these data are further sent to the EU central system BRIS on the e-Justice Portal. However, neither EU law nor Czech law provides specific mandatory criteria about the organization of the information. So, it is up to these companies regarding how much and to what extent they will provide CSR information.</span></p><p><span style="color: #000000;">All things considered, the CSRD has improved the situation in the Czech Republic and especially during the last few years several steps forward have already been taken, nevertheless, the sustainable process is still quite behind compared to other European Member States and it is necessary to increase the pace and efforts to achieve the international goals set for 2050.</span></p><p><span style="color: #000000;"><strong>Possible improvements</strong></span></p><p><span style="color: #000000;">Today, sustainability plays a primary plan role both in climate change and in the market. It represents one of the main investors’ concerns, customers tend to choose sustainable products and employees prefer to work for companies involved in environmentally friendly activities. In the EU, member states have started a sustainable and inclusive growth, they have aligned with the EU law provisions and respect CSR ethics, both informing and being informed about it. In this sense, the inclusion of CSR information in freely available digital annual reports may represent a great opportunity offered by our digital era for all stakeholders (and not only to them). Despite the positive initiatives and intentions, significant progress is still required to achieve the EGD 2050 goals. Among the steps that need to be taken are the need to reduce emissions produced by companies and the necessity to adopt more environmentally sustainable policies (e.g., the introduction of cost-saving practices or a more conscious use of resources). The CSRD represents a relevant step in this direction, but it’s not enough. The Swedish and the Czech cases have shown that the gaps to be filled are still a lot and more practical measures and further policies need to be implemented both at a European and at a national level. This is essential in order to provide more concrete support to the companies involved and to have a positive impact on developing countries, possibly involving them in these sustainable changes too. </span></p><p><em>Federica Sasdelli is a M.Sc. student,  University Modena and Reggio Emilia, DDRN University Intern</em></p>								</div>
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		<title>Toloue Miandar: Responsibility Makes The Difference In The Path Towards The SDGs</title>
		<link>https://ddrn.dk/13227/</link>
		
		<dc:creator><![CDATA[Federica Sasdelli]]></dc:creator>
		<pubDate>Tue, 06 Jun 2023 11:56:38 +0000</pubDate>
				<category><![CDATA[Decent work and economic growth]]></category>
		<category><![CDATA[Industry, innovation and infrastructure]]></category>
		<category><![CDATA[Opinions]]></category>
		<category><![CDATA[Responsible consumption and production]]></category>
		<category><![CDATA[Social Sciences]]></category>
		<guid isPermaLink="false">https://ddrn.dk/?p=13227</guid>

					<description><![CDATA[Sustainability is one of the most topical themes both for companies and individuals, as we are all involved in it. No matter what, the correct &#8230; ]]></description>
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									<p><span style="color: #000000;">Sustainability is one of the most topical themes both for companies and individuals, as we are all involved in it. No matter what, the correct application of sustainability principles and policies may not be as easy as it seems for companies, especially due to the lack of guidelines provided. In this sense, it is essential to rely on experts that have clear the situation and the measures to be implemented from a wider point of view. For this reason, we have interviewed Professor Toloue Miandar, she is Assistant Professor at the Department of Management of University of Bologna and faculty member at BBS Centre for Sustainability and Climate Change, where she is teaching Sustainability-Oriented Innovation, Business Ethics and Sustainability. She also has Postdoctoral Research at the Department of Economics and Management of University of Padova and at the Politecnico di Milano School of Management. In addition, she produced several works, such as “Corporate Social Responsibility in Supply Chain Management: Impact on Value Creation and Sustainability” and “What Do Unions and Employers Negotiate Under the Umbrella of Corporate Social Responsibility? Comparative Evidence from the Italian Metal and Chemical Industries”, plus articles on the Journal of Management and Governance, like the latest one recently published “SDGs in corporate responsibility reporting: a longitudinal investigation of institutional determinants and financial performance”. Her intervention has helped us understand at which point we are in the development and application of the SDGs and how the measures we are implementing impact the Global South, which as we know is strongly connected to our market and to the decisions we take in the sustainability field.</span></p><p><span style="color: #000000;"><strong>How did you get close to corporate sustainability and the entire concept of sustainability itself? What was and is your goal?</strong></span></p><p><span style="color: #000000;">“For me it started back in the time I did my Master degree, I was in Cyprus, one of the countries of the European Union, I did my MBA there. There, one of the courses was “Supply chain management” and in this “Supply Chain Management” course there was one of the topics which was “Corporate Social Responsibility”, in that time it was not really cored on sustainability, it was more on the concept of corporate responsibility or corporate social responsibility. It was like the highlight of what I have learned during my MBA program, so I decided for my Master thesis to be on Corporate Social Responsibility (CSR) in Supply Chain Management. So, that’s how I got interested in the corporate sustainability topic itself and I wrote my thesis on that and then, when I did my PhD at the University of Milan (Università degli studi di Milano), my proposal for my PhD was based on Corporate Social Responsibility”.</span></p><p><span style="color: #000000;"><strong>In your career, have you had the opportunity to deal with sustainability in Denmark or in other countries? How do you find the situation there?</strong></span></p><p><span style="color: #000000;">“Not really. Unfortunately, I didn’t have the opportunity to have anything in Denmark, but I did something at an international level. My research project for the PhD was based on the sustainability department of <a style="color: #000000;" href="https://www.enel.com/">Enel</a> and the idea was to see what the interplay or the role CSR managers is have with functional managers. The sustainability department exists, but what about the function of managers in different sections and parts of the company? Do they really know what they do on a daily basis to reach sustainability? <a href="https://www.enel.com/" target="_blank" rel="noopener">Enel</a> is one of the world’s leading energy operators. The company has its headquarter in Italy, but it has branches in other parts of the world as well, like in South America, Liberia, and in more than 30 countries across four continents. It’s huge and it’s one of the leaders in sustainability in the energy industry. Then, I did the postdoctoral research at Politecnico di Milano, I worked with some companies and there’s a book chapter on specifically two industries: fashion industry and food industry. There were some companies, and we did some pilot interviews and worked with them. Specifically in the food industry, we did a case study with the company <a href="https://www.lavazza.com/en" target="_blank" rel="noopener">Lavazza</a>, so in the coffee industry. It’s really challenging in terms of traceability and transparency to see what happens in those developing countries that for example produce coffee. It’s really challenging. That was on the coffee industry and commodity side. In the fashion industry, it was with <a href="https://www.hugoboss.com/uk/men/" target="_blank" rel="noopener">Hugo Boss</a>. We also did pilot interviews with the Italian branch of <a href="https://www.viviennewestwood.com/en/" target="_blank" rel="noopener">Vivienne Westwood</a> and another company I like very much and I think it’s at a very good level in terms of addressing sustainability, it&#8217;s <a href="https://www.savetheduck.it/ce_en/" target="_blank" rel="noopener">Save the duck</a>. It’s one of the big quarts’ panels, I know the sustainability manager and they do really good stuff there in terms of both social and environmental issues”.</span></p><p><span style="color: #000000;"><strong>Can you make a comparison between international companies as regards corporate sustainability? What measures could be taken in order to reduce the impact of the emissions? How can countries learn from each other?</strong></span></p><p><span style="color: #000000;">“What I can share with you is a study I did with my colleagues Ambra Galeazzo and Michela Carraro of the University of Padua that has just been published. What we did, in terms of addressing SDGs, it’s a longitude analysis, it’s the content analysis of the sustainability reports of the 100 most sustainable companies in the world, according to the index ‘Corporate Knights’ (it is a sustainable economy magazine that each year publishes the list of the first 100 most sustainable companies in the world). We took those companies into consideration and checked their sustainability reports and what materials they had published online from 2017 to 2020, for three years. We wanted to see how their strategy and way to address SDGs have changed during this period of time. It’s very important where the headquarters of the companies are. Most of these companies have their headquarters in North America or Europe. Also, for example the companies that have their headquarters in Scandinavian countries are at a high level in terms of addressing SDGs. In developing countries the headquarter is not there, and it was interesting to see the change in the time in terms of addressing SDGs: do they have a specific SDG that they address or is it a more comprehensive way? This is one of the most topical themes in the research world. The title of our article is “SDGs in corporate responsibility reporting, a longitudinal investigation of institutional determinants and financial performance”, and is about investigating institutional determinants of financial performance, because we wanted to see if by addressing SDGs you also had financial performance. It’s a mix methodology qualitative and quantitative”.</span></p><p><span style="color: #000000;"><strong>You have collaborated with Professor <a href="https://www.cbs.dk/en/research/departments-and-centres/department-of-operations-management/staff/tjoom" target="_blank" rel="noopener">Thomas Erik Johnsen of CBS</a>, in the work “The Role of Purchasing in the Diffusion of Sustainability in Supply Networks”, how did you get to know each other? How has your experience with the Danish approach been?</strong></span></p><p><span style="color: #000000;">“When I was a postdoctoral researcher at Politecnico di Milano, I finished my PhD and then there was a position that I always got at Politecnico di Milano and Professor Johnsen was a professor there. He was a Danish Professor in Italy at that time, but then after one year he was there he left. He went back to Audencia School. I had a very good experience working with professor Johnsen. In general, in the research world and when going to conferences, I really like people I have seen from Denmark and the approach they have. We are still working together and have ongoing research which is about the role of purchasing and supply management in the diffusion of sustainability in supply networks.”.</span></p><p><span style="color: #000000;"><strong>Have you read the new Corporate Sustainability Report Directive of the EU? Do you think that this directive and the other measures taken can improve the situation and will help us to achieve the Sustainable Development Goals within 2030? Should further measures be taken?</strong></span></p><p><span style="color: #000000;">“Now we have around 7 years and it’s really a short time to achieve SDGs, but I try to be optimistic. I think there is much more to be done, especially in terms of developing countries. The main challenge is there and in what needs to be done there. A kind of priority to SDGs is to end poverty and hunger, they are the main SDGs, because since there is poverty, what else can be addressed? This is really the main challenge. Is it enough what has been done so far? No, I don’t think so, but consider the Millennium Development Goals, before SDGs, before 2015. You looked at those and yes, they have been achieved somehow, for example talking about HIV, and improvements have been achieved during those 15 years. I’m sure or I try to be positive that also for 2030 there will be good measures in place, but still much more needs to be done”.</span></p><p><span style="color: #000000;"><strong>In general, do you have any suggestions for companies and individuals to improve under a sustainable point of view?</strong></span></p><p><span style="color: #000000;">“I think that this is not just about companies, but also about us as individuals, every individual. I think about this word and the understanding of <strong>responsibility. </strong>Responsibility is such a big word; each and everyone of us &#8211; individuals, but also companies &#8211; needs to take responsibility into account at 100%, otherwise nothing is going to change. Also, this overconsumption attitude that we have is part of the problem. A company really based on sustainability is truly integrated into the values and beliefs they have in place, it is not just about the profit they make, it’s about taking into consideration the environmental and social issues, but not just in words, not just greenwashing of course, it’s about really doing something concrete. This is another thing, I think that one of the problems may be that companies spend so much time, energy and resources just on the communication side, on sustainability reports and what is the right word or expression to use, but what have you done in terms of operationalization? What have you done in practice? It is not just about the communication, the marketing. That is the problem: they know it’s important, but it’s just to say something about that”.</span></p><p><span style="color: #000000;"><strong>How do you think these steps forward in corporate sustainability in Europe will impact the economic situation of developing countries? What are the consequences for the Global South: will the situation improve, be worse or not change?</strong></span></p><p><span style="color: #000000;">“This is the main challenge: think about the suppliers. Let me talk about supply chains or value chains. In the end, all these products have been made and what are the working conditions of those people producing any kind of material or even services that we get from developing countries? These fashion companies like Shein: when you buy a product at that price, what is the wage of those people who have produced that kind of product? It’s an over consumption and irresponsible attitude, we call it the ‘one-click approach’. Another way that we can think about improvement of the current situation may be to use digital technology in a way that is in line with sustainability. Consider for example AI and all these new technologies and digital transformations they are talking about, you just think about something and by just thinking about that you receive a hundred advertisements about the product you were thinking to buy and eventually with just one click on Amazon you can buy something, but do you really need that? Probably not. So, these are the ways digital technology is being used, but not in line with sustainability. I think there is a lot to talk about here if you want to think about how to improve the situation, how to really change this consumption attitude we had and to go more towards a sufficiency economy. Sufficiency economy I think is the way: do I need a new phone every 6 months? This is the way we need to think about as consumers and also where do the raw materials come from? Where are the landfills? And what about the damage that is going to be done to those local communities in developing countries? So, again it’s about the responsibility of companies and individuals, everyone”.</span></p><p><span style="color: #000000;"><strong>Talking about the impact of corporate sustainability on the Global South/developing countries, how do you see the situation? The EU should implement measures also at an extra-European level to push companies all around the world to do something?</strong></span></p><p><span style="color: #000000;">“It’s really a value chain. I always think that whatever we do is historical in a sense that it’s even related to these big, huge issues around immigration, so when the condition in developing countries is not good in any sense, as a consequence people would want to immigrate, and then there are all these challenges you see in Southern Europe countries. I know that maybe this is a very idealistic way of thinking, but then that’s why we say ‘it’s like a circle’ (thinking about circular economy also). There’s a poem saying that human beings are different parts of the body, so if a part is in pain, it causes pain also to the rest of the body. I think that if we could think about it in this way and have this approach of course the world would be a better place. It’s not like something to say ‘we are Europe and what is happening in developing countries does not affect us’, it does at the end of the day in different ways”.</span></p><p><span style="color: #000000;"><strong>Have you had the possibility to investigate and have project research connected to Global South countries? If yes, could you provide an overview of it?</strong></span></p><p><span style="color: #000000;">“In the project with Lavazza I did nothing directly with suppliers in South America, but coffee purchasers were telling us how the situation was. Let’s make an example: there are families that produce these sacks of coffee, imagine how difficult it can be to trace and see how every family is producing this coffee. One of the challenges there is that they are traders, they are like the middlemen between these families that produce coffee and coffee buyers. Imagine how it is important to work for example in initiatives like fair trade (you get your product certified by fair trade and then you know that these coffee producers receive the premium price, so that they can decide how to use that extra in their local communities for example to build a school or to do something that helps). Another thing is that working with NGOs is very important in these cases, for instance they had initiatives working with Save the Children, because they are the ones who know what is happening in those local communities. For example, when it’s the time for harvest children go to work, because they are like bread winners of their families. How is it possible that a company like Lavazza can have a positive role through an NGO to help and find solutions for these children so that they don’t have to go to work?”</span></p><p><span style="color: #000000;">Through her work Professor Toloue Miandar has provided a remarkable overview of the path towards the achievement of the SDGs. Both companies and individuals need to take charge of the situation and do something: the first by concretely implementing the policies and laws issued by the institutions and the second in their everyday life. What both have in common is the responsibility towards this matter, the environment and each other. Only by taking full responsibility will we be able to really change things and comply with SDGs within 2030.</span></p><p><em>Federica Sasdelli is a M.Sc. student,  University Modena and Reggio Emilia, DDRN University Intern</em></p>								</div>
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									<p><span style="color: #000000; font-family: arial, helvetica, sans-serif; font-size: 10pt;"><strong>Toloue Miandar</strong> is Assistant Professor at the Department of Management of University of Bologna and faculty member at BBS Centre for Sustainability and Climate Change, where she is teaching Sustainability-Oriented Innovation, Business Ethics and Sustainability. She also has Postdoctoral Research at the Department of Economics and Management of University of Padova and at the Politecnico di Milano School of Management.</span></p>								</div>
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