What: Fringe Event 'Future-proofing International Businesses Through Sustainability' as part of BAM2019 Conference
When: 15:00 - 16:30 I Monday, 2nd September 2019
Where: Aston University, Birmingham
Cost: free of charge to all BAM2019 Conference attendees
Facilitator Dr Bimal Arora
The world of Business and Trade has become exceedingly challenging owing to a number of factors among others like, availability of skilled human resources, increasing pressure on natural resources, growing population, nature of consumer demand and fast paced technological development. All this has triggered greater attention towards sustainability, especially while exploring how businesses can meet the current needs and also ready themselves for the future.
Aston India Centre for Advanced Research (AICAR), Aston University, UK has partnered with the Centre for Responsible Business (CRB), India with support from International Development Research Centre (IDRC), Canada to understand how Multi-national Corporations (MNCs) that are part of Global Value Chains (with their footprints in India) are adjusting to this need and also how are they driving some of these changes through their value chains (especially in India).
In the process also to highlight opportunities for them and challenges they face. AICAR and CRB presents this Panel Discussions which would use some of the emerging findings from the above collaboration to highlight the broader issue of Future-proofing International Businesses
This panel would bring together 1-2 representatives from lead firms (with their production networks in India) from two sectors (apparel and textiles and/or agro-based industries), academicians, representatives of international organisations and other experts to explore these issues. This session would provide useful insights (on the following points) based on ground-level evidence that would be useful for academics, researchers and practitioners:
- What are some of the factors that have forced MNCs to consider greater integration of sustainability/SDGs internally? What ways broadly has such integration happened?
- How have MNCs adjusted their operations in emerging economies to promote sustainability/SDGs in their supply chain/value chain? What do the emerging results say? What are some of the challenges faced by MNCs as they drive these changes in their value chains? What mechanisms have been put in place to accommodate for regional diferences/ground realities
- What implications has this had on ways in which MNCs interact with local actors - e.g. suppliers, government agencies, local industry associations, NGOs, others?
- What are some of the emerging lessons for the future?
Photo by - Swapnil Deshpandey