Context

Socio-economic context is changing rapidly with the role of companies and their relationships with stakeholders evolving. Firms focus more on their ability to create well-being and wealth for society, as well as positive effects on the environment in which they operate.

The idea of sustainability has profoundly changed in recent years, through the orientation towards social responsibility, the ESG criteria, to the theory of shared value.

The ability of companies to create well-being beyond their borders is the basis of the concept of Shared Value; which means, combining company’s objectives with those of the social and economic system in which the activity is included. The Shared Value generates benefits and wealth for communities, territories, companies, shareholders, workers, and the state government.

Broadening the horizon beyond the corporate perimeter is the aim of our economic research. The latter examines political, social, environmental, cultural, technological, and economic contexts, giving rise to various lines of study.

New sustainability standards at the European level, made mandatory by the CSRD, are posing new challenges and frontiers for developing environmental, social, and economic metrics according to the ESRS.