June 20 is World Refugee Day, designated by the United Nations to honor refugees around the globe and to celebrate the strength and courage of those forced to flee their home countries to escape conflict or persecution. By the end of 2023, UNHCR estimated that over 117 million people were forcibly displaced worldwide due to persecution, conflict, violence, human rights violations, and climate shocks, often a combination of these factors. Notably, nearly 32 million new internal displacements were due to climate-related hazards, highlighting the urgent need to address this issue. It is high noon for us to step up, reach out, engage with this diverse talent pool, and unlock their true potential.
For a long time, addressing sustainability problems has been regarded as a technological challenge. Today, supporting the transition to a more sustainable world has transcended this technological status and emerged as a quintessential management, economic, and behavioral challenge. Within this realm, research in social sciences and management assumes a pivotal role, offering insights across various crucial dimensions of the transition.
When it comes to the renewable energy transition, all actors in the supply chain have different stakes, incentives and barriers. HEC Paris Professor Sam Aflaki aims to help organizations contribute to this renewable energy transition in the fields of supply chain management, sustainability and energy efficiency. In this interview, he discusses his ongoing research, exploring the dynamics of stakeholders' incentives, technological advancements, and the challenges shaping sustainable practices in today's world.
By Sam Aflaki
At HEC Paris, the integration of research, teaching, and action is a fundamental philosophy that we embody. In today's dynamic landscape, where environmental and social challenges are increasingly prominent, HEC serves as a beacon of innovation and responsibility. As Europe's leading business school, we acknowledge our responsibility to guide future leaders in navigating the complexities of a world in flux.
Millions of consumers, employees and investors are seeking to align their purchases, jobs and investments with their values. They want transparency and clear understanding of the brands they consume, work for, and invest in to be able to verify how they are contributing to sustainable development. Amid such a growing, unparalleled scrutiny, companies are increasingly held responsible for their business behavior, notably their environmental and social footprints. Yet there is one impact that is rarely discussed, as it remains hidden to the public eye. This is the ‘political footprint’ companies leave behind through the exercise of corporate political activities, be it lobbying or political contributions, and which often contradicts companies’ public statements.
By Alberto Alemanno
Over the past decades, HEC Paris Professor Bertrand Quélin has investigated public-private partnerships and sustainable cities. These partnerships and initiatives are essential to integrating social, economic, and environmental objectives while ensuring equitable access to resources and services.
By Bertrand Quélin
The Mazars “Purposeful Governance” Chair is the new chair of the S&O Institute’s Purpose Center. Thanks to the engagement of researchers and professionals, Mazars, an international leader in consulting and audit, aims to redefine legal, strategic, financial, accounting, and governance decisions to face ecological and social challenges. Luc Paugam, Associate Professor in Accounting and Management Control, holds the chair and collaborates with Mazars to advance transformative business models. We interviewed Luc Paugam and Maximilien Rouer, Partner Sustainability leader at Mazars, to gain insight into their joint projects and collaborative efforts.
A company that produces submarine electric cables and installs them between countries to electrify the world is under close scrutiny in a context of rising energy demand and the need to preserve natural resources. Yet, Nexans has emerged as a pure player in low-carbon electrification. In this interview, CEO Christopher Guérin discusses how his audacious approach saved the company and shares the essence of Nexans’ partnership with HEC Paris, with the Orchestrating Sustainable Business Transformation Chair, directed by Sebastian Becker, Associate Professor of Accounting and Management Control, under the S&O Climate & Earth Center.
Doctor Anicet Fangwa's work on health centers and stillbirths in the Democratic Republic of Congo could save millions of lives by better managing health practices throughout Africa. The PhD graduate from HEC Paris describes the managerial tools he's been using in remote parts of the DRC.
By Anicet Fangwa , Bertrand Quélin , Marieke Huysentruyt
A new large-scale study links CEO influence to a 30% difference in firms’ performances in the areas of social responsibility. Interview with Georg Wernicke, Assistant Professor of Strategy and Business Policy at HEC Paris, and member of the school’s Society & Organizations Institute.
By Georg Wernicke