IIM Bangalore’s CCGC to host panel discussion on ‘Sustainability Accounting – A Paradigm Shift in Management Thought’ on Aug 23

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The Centre for Corporate Governance and Citizenship (CCGC) at Indian Institute of Management Bangalore (IIMB), as part of its Leaderspeak Dialogue Series, will host a panel discussion on ‘Sustainability Accounting – A Paradigm Shift in Management Thought’, from 5.30 pm on August 23 (Wednesday), 2017, at the IIMB auditorium.

The panel discussion will cover critical areas in the discipline – that of Sustainability Accounting and Social Value. It is a well-known fact that a higher cost to planet Earth does not translate to a higher cost to the customer. Businesses are rarely obliged to pay the full toll that the operations have on the planet. Even though Fair Trade practices are gaining ground, customers are rarely ready to pay a higher cost, if we were to add a social or environment cost to the product. This is where value creation becomes central in decision making, whether it is for Corporate Strategy or Policy Intervention by the Government, and the dovetailing of Sustainability Accounting in this process.

The panel discussion will be moderated by IIMB faculty members Professor Vasanthi Srinivasan from the Organizational Behavior & Human Resources Management area and Professor P D Jose from the Strategy area. The panel of experts include Jeremy Nicholls, CEO, Social Value UK and Social Value International; Santhosh Jayaram, Partner & Head – Sustainability and CSR Advisory, KPMG; Sandeep Shrivastava, Head – Environment & Sustainability, Ambuja Cement, and P.S. Narayan, Vice President and Head – Sustainability and Social Initiatives, Wipro Ltd.