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Club of Amsterdam Newsletter, Issue 04


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This issue of the Club of Amsterdam Newsletter talks about two upcoming Events:
'the future of Global Economy'

and
'the future of Urban Development'.
More information at: http://www.clubofamsterdam.com
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the future of Global Economy

Globalisation, Sustainability in the 21st Century
Date: Wednesday, January 29, 18:30-22:15. VIP Reception at 17:30.
Where: Auditorium, Hogeschool van Amsterdam,
Weesperzijde 190, Amsterdam [next to Amstelstation]

Our keynote speakers are:
Annemarie Jorritsma-Lebbink, former Dutch Vice Prime Minister, Minister of Economic Affairs:
"Giving a view on how western countries can and must deal with a sustainable economy in a globalizing surrounding. What are the risks, what are the chances. What role must the WTO, the EU and other international organizations play.
Globalization is a natural process, against which you can not and should not fight, but which you should promote and guide in the right direction."
and
Paul Hohnen
, Vice-President, Strategic Development, Global Reporting Initiative (GRI):
"The September 2002 UN World Summit on Sustainable Development saw governments cautiously endorse globalisation. They did so believing that globalisation could be a tool for alleviating poverty and ensuring that the benefits of development were better shared. They also recognised the key role of business in this process. Recognising, also, that growth could have negative impacts for societies and eco-systems, governments committed to promoting increased responsibility and accountability by the business community. They specifically cited the Global Reporting Initiative (GRI) guidelines as an instrument that could help business in meeting this challenge. The presentation will outline some of the ways in which the GRI is being used to help move industry and other stakeholders towards a more sustainable future, and to enhance corporate governance at the same time."

Our panelists are J.P.Thomas Thijssen, Managing Director of Hamilton International, Mark de Beer, Deputy Director, Amsterdam Foreign Investment Office and our host Peter C. van Gorsel, Director of the Institute for Media and Information Management, Hogeschool van Amsterdam.

Tickets can be ordered online or bought at the door (except VIP and Discount tickets):
Regular Tickets: Euro 69,- online / Euro 79,- at the door
VIP Tickets: Euro 119,- online
Student Tickets: Euro 25,- online / Euro 29,- at the door
The online Ticket Corner is at:
http://www.clubofamsterdam.com/ticketcorner.html
Please also check out the Club of Amsterdam Pass for Individuals and Companies!
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Sponsor of the VIP Reception:



For sponsoring opportunities, please get in touch with:
marketing@clubofamsterdam.com
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Marynka Nicolai featuring 'Some Lovely Girls' plays at our 'the future of Global Economy' Event
http://www.marynkanicolai.com


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Redefining corporate disclos
ure

By Allen L. White, Global Reporting Initiative
September 04, 2002
Improving corporate behaviour is vital to sustainable development. The Global Reporting Initiative (GRI) can help show the way.

The current crisis in confidence over corporate financial reports raises questions that go well beyond a company’s financial sustainability. Business failures provide a vivid reminder of how fundamental corporate activity is to the lives and livelihoods of people and communities worldwide. As shareholders, institutional investors, trades unions, and policymakers take stock of the social repercussions of the Enron and WorldCom affairs, and with the UN World Summit on Sustainable Development (WSSD) still fresh in our minds, it is time for governments to address the limits of financial reporting.

By most assessments, there were two main elements underlying the events that have prompted widespread calls for a higher ethics of corporate responsibility. The first was a failure of accounting systems. The second was a breakdown of corporate governance. Business collapses in recent months were in part attributable to poor audits of required information. But, equally importantly, they resulted from a fundamental reality of financial reporting: even sound numbers that comply fully with required standards do not deliver all that shareholders and others need to know to assess the true health of a corporation.
Full article at:
http://www.oecdobserver.org/news/fullstory.php/aid/788/Redefining_corporate%20disclosure.html

The new accountability
It is no exaggeration to say that accountability is one of the defining imperatives of the modern global economy. Corporations now account for half of the world’s largest economies.
They dominate foreign direct investment, vastly exceeding the resources of governments and multi-lateral institutions as drivers of development.
Yet with this steady increase in economic power, there has been no equivalent rise in generally accepted accountability mechanisms.
Accountability is used here in the broadest sense-internal accountability among boards, management, and shareowners, and external accountability between corporations and society. The disjuncture between corporate power andì corporate accountability lies at the core of heated debates over the costs, benefits, and future of globalisation.
It is in this context that GRI has emerged as the leading initiative in building a new reporting infrastructure, designed to complement rather than displace financial reporting.

Globalisation
Expansion of capital and information markets continue to bring unprecedented opportunities for creation of new wealth at the same time they deepen scepticism among many that such wealth is exacerbating, rather than diminishing, social inequities.
The world is moving from an ‘international’ model of interaction, with nations the key points of power, to a ‘global’ model, where the locus of power is at once diffuse and networked. Transnational business organisations and their supply chains, borderless capital and information markets, and multifaceted networks of people are linked and mobilised by technology. It is increasingly clear that accountability structures of the last century are notadequate to meet the challenges of this new, interconnected world.
Full article at:
http://www.wfmagazine.com/Features/sustainable_development_ip/a02_newaccountability.htm

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the future of Urban Development

The Role of The Netherlands in Europe

Date: Monday, February 17, 18:30-22:15. VIP Reception at 17:30.
Where: PricewaterhouseCoopers, Prins Bernhardplein 200, Amsterdam
[next to Amstelstation]

Part I: Dialogue: Winy Maas, Architect and Urban Planner, MVRDV & Paul Schnabel, director of the Netherlands Social and Cultural Planning
Part II: Panel with Dialogue Partners and Aaron Betsky, Director, Netherlands Architecture Institute/NAI, Kees Rijnboutt, Architect, de architectengroep and the Host Karel van der Poel, founder & CEO, Blue-Nova

Tickets can be ordered online or bought at the door (except VIP and Discount tickets):
Regular Tickets: Euro 69,- online / Euro 79,- at the door
VIP Tickets: Euro 119,- online
Student Tickets: Euro 25,- online / Euro 29,- at the door
The online Ticket Corner is at:
http://www.clubofamsterdam.com/ticketcorner.html
Please also check out the Club of Amsterdam Pass for Individuals and Companies!
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Upcoming Events:

Wednesday, January 29, 2003: the future of Global Economy
Monday, February 17, 2003: the future of Urban Development
Wednesday, March 26, 2003: the future of Mobility
Wednesday, April 23, 2003: Senior Citizens & future Technology
Wednesday, May 28, 2003: the future of Medicine
Wednesday, June 25, 2003: the future of Countries & Democracies
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The CLUB OF AMSTERDAM is an international think tank which reflects our future: How we want to live, communicate with each other and what tools and cities we need, how we want to commute and how culture or industries should develop. In short: what we want our future to be.

http://www.clubofamsterdam.com ______________________________________________________________________________________

 
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