Professor Cristiano Busco’s innovative research has informed the ‘maieutic machine’, a new approach to accounting and reporting systems. In order for businesses to prepare for unknown events, the approach calls for the introduction of enquiry and questioning of the available data to enhance the effectiveness of traditional financial tools. The new methodological approach has led to changes in business reporting for companies and organisations in Europe across a wide range of industries, including the UK-based Chartered Institute of Management Accountants and its American partner the Association of International Certified Professional Accountants, Italian banking institutions (ABI, MPS), a social-impact driven institution (ItaliaCamp), a world-leading energy company (Eni) and the European Space Agency (ESA).
Molly Scott Cato
As the climate emergency has become more urgent over the last decade, Professor Molly Scott Cato’s research has contributed to the conceptualisation of the ‘green economy’. Professor Cato’s research advocates that a sustainable economy demands a new ethic of consumption that prioritises locality, accountability and friendliness in the place of expansion and profit; a shift in the focus of the economy away from profits and towards provisioning; and a radical reorientation of work from employment towards livelihood. This research has informed changes in UK and EU legislation, including the development of sustainability-focused benchmarks and mandatory disclosure; the limitation of the use of chemicals in food production; restrictions on the use of antibiotics in the agricultural sector; the transformation of the EU Green Group’s trade policy; and, informing the Green Groups’ opposition to the Mercosur trade agreement.