I laboratori
Strategic governance for a circular and sustainable economy.
The governance of organizations and their strategies often do not fully align with business models that promote a sustainable, circular economy. To foster this alignment, the Lab conducts research on the role of governing bodies, ownership, and management in formulating and conveying a strategic approach to sustainability.
Challenges
The Sustainability Governance Lab aims to study and promote the alignment of organizational governance strategies with sustainable and circular business models.
The goal is to understand the crucial role of governing bodies, ownership, and management in formulating and implementing strategies that promote sustainability (e.g., the creation and role of sustainability committees and positions like sustainability manager). The Lab investigates the impact of characteristics and skills of those in these roles (age, gender, education, professional experience), as well as how decision-making processes (top-down and/or bottom-up) are carried out and how results are monitored in terms of economic, financial, and sustainability performance. Another objective is to explore how traditional strategic planning can be integrated with sustainability planning, contributing to the transition towards more sustainable business models.
Challenges
One of the main challenges faced by the Sustainability Governance Lab is effectively integrating sustainability strategies within traditional governance models.
Organizations often struggle to reconcile traditional strategic planning with sustainability-oriented planning, creating potential conflicts that hinder the transition to circular business models. Additionally, the composition and expertise of governing bodies represent a critical challenge: the age, gender, education, and professional experiences of members can significantly influence the approach to implementing sustainability strategies. Another challenge is the measurement and reporting of ESG (Environmental, Social, Governance) performance, which requires the development of new indicators and effective monitoring tools.
Areas of Focus
The Sustainability Governance Lab works in several key areas to support the transition towards circular and sustainable business models.
A central focus is the study of the role of sustainability committees and sustainability managers, analyzing how their skills and personal characteristics influence corporate sustainability strategies. The Lab also examines the processes of sustainability planning and implementation, exploring how these integrate or conflict with traditional strategic planning. Additionally, the Lab is dedicated to researching sustainable business models, identifying successful characteristics and transformation paths for companies seeking to evolve from traditional to circular models. Finally, the Lab develops and refines tools for evaluating ESG performance, such as ESG ratings, sustainability reporting, and new KPIs, ensuring transparent reporting and effective internal monitoring.