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Transition Finance, Sustainability and AI
In recent years, major European banks have developed a list of sectors populated by companies with high CO2 emissions. The concept of "transition finance" is primarily about working with these companies to identify and achieve shared decarbonization goals, typically by 2030. However, as we know, in economics "everything is interconnected," so the list may not be exhaustive or entirely stable, requiring ...
Corporate profits: factors of inequality among Italian firms
Introduction In recent years, growing focus on economic inequality has given rise to the need for in-depth analysis of the internal dynamics in firms, particularly as regards the distribution of profits. In Italy, corporate profits are not only an indicator of the financial health of a business, but also a valuable yardstick for assessing economic inequality, both among firms and in firms. Tools such ...
The shortcut of protectionism: external solutions for internal problems?
“Amor, ch'a nullo amato amar perdona.” Throughout the Inferno, many sinners offer justifications or shift the blame onto others, trying to elicit pity from Dante the pilgrim or to rationalize their eternal torment. This tendency highlights Dante’s view that sin is a deliberate act of will, and that trying to escape responsibility is itself part of damnation. Of course, protectionism is not a ...
Doing business in a changing world: how Italian managers can lead the future of export
Director Battocchi, the global landscape is entering a new cycle of tensions and instability. Amid regional conflicts, trade restrictions, and the renewed focus on economic security, how are Italian companies coping with these shifts in their international operations? The Italian economy is highly diversified across sectors. We rank among the world’s top three exporters in roughly 1,000 out of 5,000 ...
Sustainability under attack: the green challenge between data and disinformation
For years, science has shown that climate change is real and driven by human activity. Recent news confirms that we have already crossed seven out of nine planetary boundaries that keep our planet in balance. Johan Rockström, Director of the Potsdam Institute for Climate Impact Research, warns that we are jeopardizing the stability of Earth’s entire life-support system – vital for our prosperity ...
Understanding costs to make better decisions
To measure costs effectively, it is essential to understand their possible alternative classifications and determine which items to consider and how to include them in measurement processes. Although each company may organize its costs differently, it is still possible to identify several typical categories observable across all firms, and these can therefore be regarded as the most common ...
Italy's Economic Future: What Exports Reveal
Financially speaking, whether exports exceed imports or vice versa is generally insignificant. Exports represent surplus goods and services that cannot be absorbed domestically and that our trade partners kindly accept in exchange for goods and services we lack. When exports surpass imports, we effectively extend credit to foreign customers; when the reverse happens, we take on debt with them. Sometimes ...
Carlo De Benedetti: Publishing between Passion and Business
In this wide-ranging interview, Engineer De Benedetti talks about his past experience as the publisher of Repubblica, and his new adventure at the head of Domani. There is also criticism of the current government and the new leadership of Confindustria, as well as some reflections on the relationship between capital and labor.
The New Overseas Route for Italian Fashion
Although the health emergency has caused a strong drop in exports and interruptions in the supply chain, the strong acceleration of the process of digitalization has allowed for reducing the centrality of distribution channels in the American market, historically the largest barrier for Italian fashion companies interested in approaching the United States.#The principal threat to Italian leadership ...
The Long-Living, or Ageless, Consumer
Individuals over 65 not only need health and safety, but they wish to have fun, consume, appear, and travel. We need to begin to redesign what is offered to them in line with the needs and tastes of this demographic category, for which less than 15 percent of companies have developed ad hoc business strategies. Moreover, the immediate future will increasingly see the emergence of a potential "permanent ...