Business as Usual is no Longer an Option. Supply Chains and Corporate Board Regulation in the Circular Economy
|Speaker:||Prof. Beate Sjåfjell, University of Oslo|
|Date:||Wednesday 11 January 2017|
|Time:||16:00 - 18:00|
|Location:||Business School, Streatham Court B|
This is a Sustainability & Circular Economy research cluster event.
Abstract : The EU has launched its Circular Economy Package to stimulate Europe's transition towards a circular economy which will ‘boost global competitiveness, foster sustainable economic growth and generate new jobs’. Company law and corporate governance are not included in this picture. While sustainability and circular economy language increasingly is used by business, status quo remains very much unchanged. Business as usual is clearly no longer an option, yet business is still very much linear and a sustainable circular economy is at best a thing of the future. A systematic analysis of the structural elements that facilitate or prevent this transition is needed. Professor Beate Sjåfjell will speak about these barriers and possibilities for a sustainable circular economy in current company law and supply chains regimes, focusing on the role of the corporate board. The presentation will cover both the financial risk inherent in uncritically continuing with ‘business as usual’ and the balance a corporate board must achieve to promote the interests of the company in a transition to a sustainable circular economy.
Bio: Beate Sjåfjell is Professor Dr. Juris at the University of Oslo, Faculty of Law, Adjunct Professor at the Norwegian University of Science and Technology (NTNU), Department of Industrial Economics and Technology Management, Professorial Research Fellow at Deakin University Law School, Melbourne. She is the head of the Oslo Faculty’s Research Group Companies, Markets and Sustainability and leads the international research project Sustainable Market Actors for Responsible Trade (SMART), see uio.no/smart. Professor Sjåfjell has published extensively on EU Company Law, Sustainability and Public Procurement. Much of Beate’s work is available at ssrn.com/author=375947.