George Serafeim: HBS Club of Japan webinar series
As we have recently seen extraordinary tragedies caused by extreme weather globally and growing social injustice such as economic inequality and abuse of human rights, the time has come for us to seriously think about the sustainability of our society and to come up with action plans for each of us as individuals and as organizations.
In this line of thinking, HBS Club of Japan is very pleased to announce that we will be launching a series of webinars on sustainability by inviting prominent speakers to address issues from various angles such as accounting, climate risk management, institutional investors, corporations, VCs, historical perspectives, renewal energy, etc. Our goal is to share and promote the current thinking on the issues of sustainability among the HBS community in Japan and Asia and the broader business community in Japan.
It is our great pleasure to kick off this speaker series on sustainability with HBS Professor George Serafeim, who is the global expert on impact accounting. The date and time will be Wednesday, September 15 at 8:00 am Japan Standard Time.
Our current accounting system leads us to allocate resources and to make various managerial decisions based on financial results reported in accordance with US GAAP, Japan GAAP, IFRS or other local accounting principles, which do not take into account the impacts of corporate activities on employees, customers and the environment.
Professor Serafeim is trying to revolutionize our modern accounting system by incorporating such impacts by introducing Impact Weighted Accounts (IWA) based on his cutting-edge research. IWA, if adopted, will dramatically change real pictures of each corporation and their activities and will likely change perspectives of investors, business partners, consumers, and other stakeholders toward each corporation.
This will be an extraordinary opportunity for you to learn directly from Professor Serafeim about what IWA is, what are the implications of IWA, how IWA changes corporate pictures, and to ask questions to him.
Please see the profile of Professor Serafeim and the webinar details below.
Date and Time: Wednesday, September 15 from 8 am to 9 am (JST)