EFFAS Commission on ESG

Archive for June, 2010

Corporate Responsibility 2.0; From Corporate Responsibility to “General Responsibility”

Friday, June 18th, 2010

A report by Fritz Mostboeck*

The time is ripe for economic change – right now! We all have to take comprehensive responsibility on a sustainable basis. New concepts for the economy.

  • 44 specific approaches to ensure improvement.
  • The magnitude of the crisis requires large-scale, bold measures as well as cuts and understanding.
  • The capital economy should not be called into question; the system has to be reformed but not over-regulated.

Responsibility and crisis – measures and ideas to avoid financial, economic, and confidence crises in the future.

* Fritz Mostboeck is Vice-Chairman of OVFA (Austrian Association for Financial Analysis and Asset Management, www.oevfa.at) and Member of the Executive Management Committee of EFFAS (The European Federation of Financial Analysts Societies, www.effas.net), the umbrella organisation of all European analyst associations with a total of more than 16,000 members in Europe. Fritz Mostboeck was watching the crisis over the past three years now very carefully. This is the outcome. This link takes you to the report.