New research sheds light on some of the unintended consequences of the EU’s Emission Trading System (ETS) on European companies – notably in terms downsizing of workforces or reducing assets.
Climate change is no longer just about melting ice or hotter summers. It is also a financial problem. Droughts, floods, storms and heatwaves damage crops, factories and infrastructure. At the same time, the global push to cut greenhouse gas emissions creates risks for countries that depend on oil, gas or coal.
Article by Jacob VAKKAYIL – Academic Director of the Global MBA and Professor of Human Resources Management
At a time when the World Bank is taking stock of carbon pricing in 2025, a retrospective study of the electricity sector over the three regulatory periods of the European Union Emissions Trading System provides insightful findings. Although it had no net effect at the outset, it subsequently led to significant reductions in emissions.
Research has shown that cultural diversity, whether national, gender, age, disability, sexual orientation, or neurodivergence, to name but a few – can enhance organizational performance. However, it can also create friction or misunderstanding in the workplace. In this video, Grant DOUGLAS explains that the key to resolving this diversity paradox lies in shifting the focus … How can managers turn diversity into a competitive advantage?
“When uncertainty sets in, some leaders transform doubt into momentum. However, their success is never a solitary affair: it depends on the collective energy of the teams that follow them,” note Jacques ANGOT (IÉSEG) and Isabelle DEPREZ (expert in human transformation and leadership), the authors of a new book* (published in French).
Many companies invest significant effort in developing mission and purpose statements to guide decision making, inspire employees and promote the organization externally. But how do they ensure that these goals and words are translated into concrete actions across the company?
“In the rapidly evolving landscape of modern business, artificial intelligence (AI) has emerged as a transformative force, redefining how organizations operate, compete, and thrive. The advent of AI has introduced unprecedented opportunities and challenges, compelling business leaders to navigate a complex intersection of technology and strategy”, note the publishers of a new book ‘Mastering AI … “Mastering AI for Strategic Business Success”: Interview
Older employees often face barriers that unfairly hinder their career advancement, referred to as the “silver ceiling”. Managerial stereotypes and subtle forms of age discrimination can lead to workers as young as 48 being systematically overlooked for promotions. In the context of aging workforces and people staying longer in the workforce, the silver ceiling poses … Adapting employee appraisals to avoid age discrimination & lift the “Silver Ceiling”
It is not enough just to say that “the customer is king” to ensure customer satisfaction. Many companies claim that their actions are aimed at providing a good customer experience, but what really lies behind the words? And how can we recognize those companies that are truly committed?