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Annual Report Misum 2015 ANNUAL REPORT MISUM Mistra Center for Sustainable Markets (Misum) Stockholm School of Economics P.O Box 6501 · SE-113 83 Stockholm · Sweden [email protected] The Mistra Center for Sustainable Markets (Misum) www.hhs.se/misum at the Stockholm School of Economics Thanks to: Samir Soudah who took the cover photo in the SSE library and the group pictures, Johan Eliasson for information gathering and translations, Emilie Eliasson Hovmöller who wrote most of the texts and Helena Lundin who did the production. CONTENTS 4 FOREWORD BY LARS STRANNEGÅRD AND LIN LERPOLD 6 OUR RESEARCH PLATFORMS 8 MISUM RESEARCH: COOPERATION CAN THRIVE IN AN UNCERTAIN WORLD 10 MISUM RESEARCH: SUPPLY CHAINS CRUCIAL FOR SUSTAINABLE BUSINESS 13 MISUM RESEARCH: SUSTAINABLE EMPLOYMENTS 14 QUICK ANSWERS FROM STAKEHOLDERS: WHAT DO YOU EXPECT FROM MISUM? 16 MOMENTS FROM OUR FIRST YEAR 20 MISUM RESEARCH: FEW LARGE COMPANIES PRACTICE WHAT THEY PREACH 22 EDUCATION: Misum’s mission 24 THE PHD STUDENTS OF MISUM 26 AfTERWORD BY BJÖRN STIGSON 27 fINANCIAL STATEMENT 2 3 COLLABORATIVE RESEARCH FOR A SUSTAINABLE FUTURE Misum’s mission is threefold. Firstly, we conduct multi-disciplinary research that is both scientifi- cally rigorous and practitioner relevant. Secondly, MISUM STRENGTHENS we have the mission to educate our students and future leaders in society to equip them with the SSE’s COMPETITIVENESS tools to be able to understand and act upon our time’s most pressing challenges. Finally, of priority for all that we do at Misum is on cross-sectional Thanks to Misum, the Stockholm School of able to influence and make a difference. collaboration and industry outreach. We hope Economics has been given the opportunity to con- To be able to survive and strengthen our posi- that our important stakeholders will continue to tribute to the sustainable development of our soci- tion as the leading business school in the Nordic collaborate with us, both participating in defining ety in a powerful and focused way. SSE can now, and Baltic countries, SSE needs to attract these and utilizing our research. through Misum, create long-awaited opportunities talented and ambitious students. These students 2015 was a special year: It was the hottest on for our students, research, and society at large. are attracted by an institution where knowledge record, forcefully making us consider the cli- In 2016, we will focus our efforts on developing on sustainable markets is produced and dissemi- mate change challenge. Violent conflicts, natural our research further and incorporating the newly The first full year for Misum has shown what an nated. A vibrant intellectual environment such disasters, environmental deterioration and social awarded research program, Mistra Financial important role a concentration of knowledge can as the one created at Misum also increases the inequalities continued to prevail. At the same Systems (MFS), into Misum. The program will play, both for SSE and for society. Misum focuses attractiveness to academics and staff members. time, 2015 was also a year of hope; the adop- focus on both immediate needs within current on sustainable markets and has in a short time Thereby, Misum clearly helps SSE in fulfilling our tion of the UN Sustainable Development Goals financial systems as well as rationales for alterna- proven to be a place where important knowledge mission: to contribute to strengthen Sweden’s (SDGs) and the ratification of the Paris Agreement tive financial systems, and how the systems might is created and shared in a very efficient way. competitiveness. at COP 21 marked two important sustainability be fundamentally restructured to be more condu- milestones, showing that the international commu- cive to sustainable development. Misum clearly strengthens SSE’s competitiveness. At SSE we are grateful for the outstanding support nity can come together when we need it most. On When SSE students list important features of a from Mistra that makes all this possible. Misum’s a closer level, the initiation of the Mistra Center Again, we firmly believe in the imperative of work- future job, words like meaning and purpose come inaugural year has been truly inspiring and for Sustainable Markets (Misum) was an important ing across academic disciplines and together with at the top of the list. They want to work with some- productive, and I look forward to an exciting and step for the Stockholm School of Economics and businesses, the public sector and civil society. We thing important and meaningful. They want to be interesting 2016! the sustainability field in Sweden. very much look forward to seeing you in 2016! Today’s markets need to undergo transforma- tional change to be more conducive to sustainable development. Companies and markets acting Lars Strannegård more sustainable can serve as important catalysts Lin Lerpold President, Stockholm School of Economics in achieving the SDGs. As a cross-disciplinary and Acting professor and multi-stakeholder knowledge center dedicated to executive director of Misum sustainability and sustainable markets, Misum has a key role to play in this endeavor. 4 5 H OUR RESEARCH PLATFORMS ARC SUSTAINABILITY IN FINANCIAL MARKETS & Stockholm School of Economics and a research MISTRA FINANCIAL SYSTEM manager at Misum. Susanne is currently on the This knowledge platform explores how financial management team and conducts research in a markets can contribute more to sustainable devel- large cross-disciplinary research program on ESE opment, and more specifically, what changes are sustainable fashion, Mistra Future Fashion, aim- needed to make the financial sector more sustain- ing to a systemic change of the Swedish fashion R able. Relevant changes could be made both at the industry leading to sustainable development of the macro level – in the form of policy, governance, industry and wider society. She is also a member market structure – and at the micro level – in the and co-founding partner of NCCR, Nordic Centre form of practices by individual firms, technological for Corporate Responsibility, who jointly conducts Ranjula Bali Swain, visiting professor, Susanne Sweet, associate professor and platform manager, Max Jernek, PhD and researcher, tools, etc. research with a Nordic focus. Ebba Sjögren, associate professor, Lars-Gunnar Mattsson, professor emeritus Business Administration. Marijane Luistro, PhD and researcher Lin Lerpold, acting professor and executive director, Svenne Junker, PhD and researcher. In 2016 the platform will be replaced by the Missing: Örjan Sjöberg, professor and platform manager and Joakim Sandberg, visiting researcher and platform manager. newly founded Mistra Financial Systems, a research SUSTAINABLE SOCIO-ECONOMIC program will be hosted by Misum in collabora- DEVELOPMENT tion with the Swedish House of Finance, KTH Royal This platform explores how sustainable practices Institute of Technology, The Royal Swedish Academy can be introduced, maintained and improved INTERACTED WITH of Sciences, Stockholm Environment Institute, within a market-based society. Best practice London School of Economics, the ICMA Centre 1 189 STUDENTS AND insights, actions and policies will be suggested at Henley Business School along with Swesif and COVERED IN DIFFERENT with the purpose of building a more sustainable 3 585 SUSTAINABILITY Statistics Sweden. society. To achieve this, we need to ensure that our MEDIA REACHING OVER PROFESSIONALS Peter Norman, former minister of financial recommendations are aligned with current prac- 5 MILLION PEOPLE markets, will chair the programme board, Cecilia tices and the main concerns of society. Repinski will manage program operations and pro- The vision is to be a leading research unit in the fessor Bo Becker, is appointed program director. area of sustainable socio-economic practices and WE HAVE CONDUCTED policies. The platform will develop its own research WE HAVE PRODUCED SUSTAINABILITY IN PRODUCTION focusing on markets and how they interact, as 23 SEMINARS AND CONSUMPTION well as build upon other research developed by 5 WORKING PAPERS AND WORKSHOPS This research platform aims to address how mar- industry and public sector research institutes. AND PUBLISHED kets, market actors and natural and social systems Furthermore, a close collaboration with practitio- 10 JOURNAL ARTICLES interact in organizing, shaping and changing ners will be developed to support and induce them towards more sustainable (or unsustainable) prac- to create sustainable and competitive business Misum is a cosmopolitan tices in production and consumption. With a grow- practices. mix of 17 researchers, one ing human population and economic development, Örjan Sjöberg is a research manager at administrator and a com- we experience increased pressure on the plan- Misum and professor of economic geography munication manager. We etary and social systems that we exploit. Further, at Stockholm School of Economics. Örjan is an represent seven different countries and together we the platform explores how governments, relevant editor of Geografiska Annaler: Series B, Human speak fifteen languages: Swedish, international organizations and the private sector Geography and a member of the board of the Eleonora Lotti, Administrator Norwegian, English, German, French, can play an active role in changing unsustainable Stockholm China Economic Research Institute. Italian, Spanish, Greek, Hindi, Japanese, consumption and production patterns. Focusing on urban and regional change, and Filipino, Urdu, Punjabi, Oriya and Bengali. The vision
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