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Redefining materiality (again) to transform the role of business in society
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Guest Author
Denise Weger
“Materiality is being redefined – through pressure on business from wider civil society, and through precedents established by company practice and, increasingly, regulation and litigation. But current experimentation in redefining materiality suffers from being ad hoc, often confused and confusing, and rarely credible. As a result, companies too often disclose information that is no
Future Investment Initiative: The Neo-Renaissance and ESG
Cornelia Meyer
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The topic of ESG (environment, social and governance principles) weaved its way through virtually all the sessions at the Future Investment Initiative (FII) conference.
This was not surprising as the title of the conference was “The Neo- Renaissance,” inspired by the impetus to the economy and culture in 15th and 16th century Florence as the world emerged from the plague – another pandemic with global reach.
The pandemic has changed the world for good. Hence, how one could build better is pivotal. The governor of the Public Investment Fund, Yasir Al-Rumayyan, eloquently pointed out that the pandemic constituted an unprecedented opportunity for fresh thinking.
Day 1 of the Future Investment Initiative: an economist’s perspective
Cornelia Meyer
January 28, 2021 04:13
All in all, the way the conference focused on the great reset was visionary, pragmatic and specific. (Reuters)
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The first day of the Future Investment Initiative (FII) conference in Riyadh made for very compelling viewing, from an economist’s perspective.
The theme of this year’s event, “neo-renaissance,” reflects the fact that when the global economy emerges from the COVID-19 pandemic our lives will have irrevocably changed.
What sets the FII apart from other conferences is that it is anchored in reality, and that leaders in their fields, who are also practitioners, shared their outlooks. Their insights were both visionary and specific.