Vision & Mission
Sustainable Human Development is conceived by the Chair as the process of improving standards of living in poor countries, particularly of those most vulnerable, without compromising the interests of future generations. This means placing people as the main actor and the ultimate object of development.
The scope of the Philippson Chair is to study the barriers and possible solutions to the social and economic progress of developing countries. A special emphasis is placed on the role of corporate actors, alone or in interaction with governmental and non-governmental players. Although the Chair is interested in developing countries in general, a particular attention is given to African countries.
The lack of economic development of many countries is the key driver of the levels of poverty that affects the world, where 2 billion people live below the poverty line of US$2 a day. Addressing this rampant global poverty, by encouraging SHD in poor nations, is one of the major challenges of today, both for the South and the North.
The Chair considers that MNCs (multinational corporations) have a positive and important contribution to local development, provided they commit to the principles of managing for SHD. This involves their pro-active commitment in commercial, productive or capacity-building activities that promote the development of local knowledge and institutions and contribute to social progress. We consider also that, in the 21st century, such a commitment is a key element of the competitive advantage of these corporations.
In accordance with those principles, the Chair aims at enhancing awareness and understanding, not only about the realities and needs faced by developing nations and their communities, but also about the challenges faced by corporations in these countries.
We seek to study innovative solutions which can bring together the interests of the various actors involved in the process of SHD, in order to improve the contribution of MNCs to sustainable human development in poor countries. These solutions promote growth-generating employment, help reduce poverty and lower the risk of environmental damage, but they are also excellent strategies for creating value for multinational corporations, from the perspective of their shareholders, employees or consumers.