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Themed “Shaping Malta's Future: Governance and Sustainability”, this year’s online forum will address how sustainable development is key in order to reignite the Maltese economy momentum after COVID-19, what organisations learnt, how businesses can mitigate deficiencies brought to light by the pandemic and what sustainable safeguards can be introduced to prevent similar market disruptions in the future. This year’s event will be supported by Whoswho.mt, one of Malta’s leading corporate news portal, which will be the official media partner.
Developing a sustainable vision for the future
As with every crisis, the pandemic has brought with it both risks and opportunities, allowing organisations to test their resilience to unexpected events. In such a “do-or-die” scenario, companies have been forced to take innovative, and sometimes bold decisions, and with the pandemic seemingly starting to subside, it is time to take stock of its consequences, not only from an economic point of view, but also from an organizational one.
Sustainable economic progress is essentially built on three corner stones — good governance, social development and environmental considerations, which ultimately foster sustainable values and help organisations achieve their goals. Aside from mitigating the environmental changes caused by the interaction of the industrial world and society with nature, social and governance matters are under increased public and government scrutiny, calling for the promotion of a sustainable performance agenda.
Sustainable development principles must be rooted and integrated into business strategies, culture and daily operations, and continue to be adopted in future years through engaging in collaborative economies driven by the said ESGs. Regulatory obligations set the minimum standard. However, a culture with sustainable values at its core should permeate through all decision-making processes; every decision on the tactical, operative, and strategic level should be made on the triple-bottom-line basis, considering its environmental, social and financial impact, as this does not only draw customers and investors in but also retains them.
“Shaping Malta's Future: Governance and Sustainability” will run over the course of three days in October, and will feature themed panels and a line-up of prominent speakers both from the private and the public sectors.
Those interested in benefiting from free registration for the event can send an email to marketing@mt.gt.com with the subject “Shaping Malta” by not later than 31st August.
The event’s line up and calendar will soon be announced on Grant Thornton’s Facebook, LinkedIn, Twitter and Instagram pages and on www.grantthornton.com.mt/sustainability and on Whoswho.mt.
