Today, our bite into a snack, a seemingly innocent act, holds far-reaching consequences. With over 40% of the global food industry's revenue stemming from ultra-processed foods (UPFs), our love for convenience is propelling an industry that contributes to a third of global emissions, strains our planetary resources and has questionable impacts on population health. However, the billion-dollar question remains: can this ultra-processed food industry, so entwined with our daily lives, transition towards sustainable development?
Artificial Intelligence has a potentially disruptive impact on organizations, firms, and society at large. The latest mind-boggling illustration came with the discovery of chatGPT’s mesmerizing results in November 2022. This followed a fall of investments in AI last year in Silicon Valley. From analyzing data in one’s business to increasing customer engagement and replacing humans in routine tasks across industries, AI is becoming more relevant to our lives and economy every day. Everyone talks about it, but do we really understand its opportunities and threats? And how can we make the best out of it, whilst ensuring that ethical requirements are met?
ESG, a tool used to quantify sustainability, is exposed to criticism and allegations of greenwashing. In this RESKILL Masterclass session, Hélène Löning, HEC Paris Associate Professor of Accounting , argues that, despite its struggles and flaws, ESG can help make companies more accountable towards all stakeholders and society, not just investors. She shares with viewers detailed insights into ESG metrics. The Masterclass was recorded on June 29, 2023, and is available on YouTube here. You can also find all the questions and comments in the LinkedIn live.
Livestock contributes to nearly 15% of GHG emissions, which 60% are due to enteric fermentation, a natural digestive process that releases methane through burps. Methane has a warming potential 28 times greater than CO2 over a 100-year period. To limit global warming to 1.5°C, the IPCC shows that deep cuts in methane emissions are needed. Recently, a miracle solution has been claimed: feeding cows with a seaweed can cut their methane emissions significantly. But let’s not forget holistic implications of such production for the environment and its feasibility on a large scale. In this article, Clarisse Pierre cautions about the of use of seaweed, based on her MSc "Sustainability and Social Innovation" thesis supervised by Professor Sam Aflaki.
Wide-scale adoption of renewable energy is essential to ensure Europe decarbonizes its energy systems and meets its ambitious net-zero targets. But what motivates interested individuals to make the decision to invest? A recent study by Operations Management Professors Andrea Masini and Sam Aflaki (HEC Paris), Shadi Goodarzi (California State University and the University of Texas), and Behnam Fahimnia (University of Sydney Business School), sheds light on the influence of different communication sources on this process, with implications for policymakers, technology providers, and other sustainability stakeholders.
By Andrea Masini , Sam Aflaki
In a world that is currently confronting a climatic crisis caused in part by overconsumption and garment manufacture, it is critical to determine which industry actors can effectively be drivers of the move to a more sustainable lifestyle. Based on a field study in the Portuguese textile and clothing industry, Monica Santos Silva, a SASI Master student supervised by Operations Management Professor Sam Aflaki, explains the mechanisms that make family businesses more competitive and sustainable.
Camille Putois is the CEO of Business for Inclusive Growth (B4IG), a coalition of more than 40 global businesses, representing 4.4 million employees and a combined revenue of over 1 trillion USD. She discusses how this coalition strives for more inclusive practices and navigates the pros and cons of the different methods to measure progress on this crucial topic. For this, she worked with Leandro Nardi and Marieke Huysentruyt, researchers at the Inclusive Economy Center at HEC Paris.
The world is constantly evolving and uncertain. However, if there is one certainty it is the need to remain humble. To better build the resilience needed to manage this change and uncertainty in a responsible way, find key findings and classic advice from HEC Paris researchers to decipher environments at all levels: from one’s own career to geopolitical business links. In this In-Depth issue, you will learn that family businesses focus more on resilience than on performance, that connecting private interests and sharing with the community is vital for sustainable objectives and that developing professional and personal resilience takes practice. You will also discover how hybrid governance and smart cities can overcome disrupted supply chains and fight social inequality. Find the PDF version of the Knowledge@HEC' In-Depth issue here.
How can private companies and public bodies reorganize their short- and long-term strategies in the current economic context? For years, Professor Bertrand Quélin has been researching the collaboration between private firms, public authorities and civil society to offer solutions aimed at building resilience in cities and designed to tackle the challenges of climate change.
Online shoppers hunting for the perfect product may have pages and pages of search results to scroll through. An algorithm recently developed by a team of professors incorporates customers “click and search” behavior to help online retailers make important decisions about products’ price and ranking and thus potentially boost online sales.
By Sajjad Najafi
