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On March 27th, Leslie Virag, a seasoned expert, delivered an energetic and vibrant masterclass on navigating the intricacies of Canadian culture. The session delved into essential aspects such as fairness, conflict avoidance, rejection of any expression of power, or challenges faced by women in leadership roles. Leslie adeptly highlighted the nuances of Canadian work culture, captivating a large and visibly engaged audience, to the extent that a sequel is currently under consideration!
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On Feb 28th, AAGEF Ontario event, "Demystifying the Myth of ESG: Is Sustainability Being Hijacked?" presented by Charles H. Cho, PhD, CPA, Professor of Sustainability Accounting at Schulich School of Business - York University sparked a lively discussion on 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆'𝘀 𝘁𝗿𝘂𝗲 𝗲𝘀𝘀𝗲𝗻𝗰𝗲 𝗮𝗻𝗱 𝗶𝘁𝘀 contrast (or differences) 𝘄𝗶𝘁𝗵 𝗘𝗦𝗚 (Environmental, Social, Governance) 𝗺𝗲𝘁𝗿𝗶𝗰𝘀. • 𝗥𝗲𝗽𝘂𝘁𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗩𝗶𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 ✨️ Studies show adverse news doesn't always tarnish a company's reputation. This demonstrates that companies, especially the most visible ones, can retain their reputation despite challenges. • 𝗘𝗦𝗚 𝘃𝘀. 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 🌱 ESG metrics are specific criteria within the broader sustainability spectrum. The latter emphasizes a more holistic approach that includes cultural and ethical shifts. • 𝗘𝗰𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝗙𝗼𝗼𝘁𝗽𝗿𝗶𝗻𝘁 👣 Humanity's ecological footprint has alarmingly increased, highlighting the urgent need for sustainable resource consumption. • 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 👀 True sustainability aims at fulfilling current needs without compromising future generations. However, corporate sustainability often falls short of addressing broader ecological impacts. • 𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝗿𝗶𝘃𝗲𝗿𝘀 📈 Financial markets dominate economic structures, often neglecting ecological considerations. This calls for an economic model that integrates ecological imperatives. • 𝗘𝗦𝗚 𝗮𝘀 𝗮 𝗧𝗿𝗲𝗻𝗱 ⚠️ The growing trend of ESG risks being superficial unless it genuinely incorporates double materiality—considering the mutual impact of corporations on society and the environment. 💡𝗔𝗰𝘁𝗶𝗼𝗻𝗮𝗯𝗹𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 1. 𝗖𝗿𝗲𝗮𝘁𝗲 𝗮 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 to distinguish genuine initiatives from greenwashing. 2. 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁𝗶𝗮𝘁𝗲 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝗽𝗹𝗮𝗻𝗲𝘁𝗮𝗿𝘆 𝗮𝗻𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 for better planning, initiatives, actions, and more accurate reporting. 3. 𝗖𝗹𝗮𝗿𝗶𝗳𝘆 𝗘𝗦𝗚 𝗮𝗻𝗱 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗱𝗶𝘀𝘁𝗶𝗻𝗰𝘁𝗶𝗼𝗻𝘀 to eliminate misconceptions. 4. 𝗕𝗿𝗼𝗮𝗱𝗲𝗻 𝘁𝗵𝗲 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝘀𝗰𝗼𝗽𝗲 𝗯𝗲𝘆𝗼𝗻𝗱 𝗘𝗦𝗚 for a more significant societal impact. 5. 𝗘𝗺𝗯𝗲𝗱 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗶𝗻𝘁𝗼 𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 for innovative and sustainable leadership. These insights aim to deepen our understanding of sustainability and ESG, 𝗲𝗻𝗰𝗼𝘂𝗿𝗮𝗴𝗶𝗻𝗴 𝗮𝗰𝘁𝗶𝗼𝗻𝘀 𝘁𝗵𝗮𝘁 𝗳𝗼𝘀𝘁𝗲𝗿 𝗴𝗲𝗻𝘂𝗶𝗻𝗲 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹 𝗮𝗻𝗱 𝘀𝗼𝗰𝗶𝗲𝘁𝗮𝗹 𝗽𝗿𝗼𝗴𝗿𝗲𝘀𝘀. Thank you Estelle Chen, President La French Tech Toronto, for this great summary and Coline Roux, VP Sustainability at La French Tech Toronto, for introducing Charles Below presentation ( only for personal use ) , pictures and opportunity for a materiality assessment A few useful links
You can also follow https://www.linkedin.com/feed/update/urn:li:activity:7171518745100709889/ 
On Feb 1st , 2024, we had the following 2 experts : - Frederic Grelot ( Polytechnique / Supaero ), CEO at Glimps Inc. Canada - Cameron Field (University of Leicester), Vice President at Vidocq Frederic is an Artificial Intelligence expert specialized in Cybersecurity. He co-founded the company GLIMPS, specialized in code analysis and malware detection based on an Artificial Intelligence engine and worked extensively on revolutionizing the way to detect code similarities among files. Cameron specializes in complex fraud, anti-money laundering and sensitive corporate investigations, corporate due diligence and training, behavioral threat, and risk assessment evaluations. Our 2 experts explained AI and some of its challenges in terms of information challenges and fraud protection. Thank you both for a great event and Fred for the Hawaian pizza ! |
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