Sustainability at the forefront: Its role in European economy.

Although Sustainability should be the catchword in an economy system that also targets the minimum of waste and promotes energy resources, European Commission seems to be guided by the economic belief that austerity should still be supported.

Since its first initiation in 2012 when the Euro debt crisis was at its peak, the independent Annual Growth Survey (iAGS) constantly questions whether European Commission follows a more realistic approach over macro economy and a less focused on a long-term reduction of public debt while being conscious enough over the social aspect of the crisis. There had been argument to the level of austerity and the control of public debt, nevertheless little influence did it have on the policies of the European Union.

The 2019 sustainability imperative highlights faster adaptation and a massive step forward. UN Sustainable Development Goals have indicated the way to sustainability performance and economic growth. That means that the measurement of Financial Performance is closely tied to sustainability strategies and goals. More specifically, it is implied that the measurement of social wellbeing is based on the triptych of sustainable development: Economic, Social and Environmental.

On that note, the Center for Sustainability & Excellence (CSE) knows first-hand the challenge of SDGs integration into strategy and sustainability plan and this June in Brussels will surface all the latest trends in sustainability (CSR) for the next coming years while it will address the European needs in a global context.  New policies and strategies are required to be orchestrated to reliably support the delivery of long term sustainability.

Nevertheless, EU has still some way to cover in order to sufficiently achieve the SDG’s. Climate Change is another serious challenge that needs to be faced collectively. Societies and corporations are warned on how to use their carbon budget under the +2C target. Consequently, the carbon debt should be deliberated in the upcoming decades, since in the starting point scenario about 50% of EU GDP will be alarmed in staying below +2C.

Sustainability Professionals all over Europe are expected to join the leading event in Brussels to discuss and face the frontline challenges as well as to get globally certified. This is a limited seating training; claim your seat on time.

 

 

Leave a Reply

Translate »

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close