Great Lakes, Gurgaon hosts its first two-day international conference

Around 75 world-renowned researchers and representatives from the industry, as well as the Government, participated in the conference.

Great Lakes Institute of Management (GLIM), Gurgaon hosted its first international conference, titled “International Perspectives in Economics & Management for Sustainability”. Around 75 world-renowned researchers and representatives from the industry, as well as the Government, participated in the conference.

With this conference, GLIM has signaled its intent to emerge as a leading academic and research institute in the sphere of “Sustainable business practices” and offer to industry not only competent and environmentally responsible management professionals but also intellectual capital in all spheres of sustainability.

The pre-conference proceedings on December 19 included a panel discussion on “Climate change and Financial Risk”, with international speakers Prof. Olatunde Shobande (Senior Economist at the University of Aberdeen, UK), and Prof. Kazi Sohag (Ural Federal University), and moderated by Prof. Tomas Balezentis (Professor at Vilinius University, Lithuania). Prof. Shobande focused on the criticality of providing every household with electricity to address the “energy poverty”, which is a critical issue in developing countries, and which would help reduce the usage of solid fuels and improve environmental sustainability.

GLIM Gurgaon & Ural Federal University, Russia sign MoU

During the pre-conference session, a formal signing of MoU between GLIM Gurgaon and Ural Federal University, Russia took place. Dr Debashis Sanyal, Director GLIM-G and Prof Kazi Sohag of UFU signed the MoU. It would explore student and faculty exchange programs, as well as funded research for projects of international agencies.

The conference was formally inaugurated by Prof. Leila Dagher, Director of the Institute of Financial Economics at the American University of Beirut, and a renowned researcher in the areas of energy, environmental, and financial economics. The inaugural session was preceded by a keynote address by Dr Amol Phadke, a Staff Scientist in the Electricity Markets and Policy Department at the Lawrence Berkeley National Laboratory and a Senior Scientist at the Goldman School of Public Policy, University of California. Dr Phadke highlighted the urgent need for the energy sector, currently responsible for worldwide CO2 emissions of 30 giga tonnes per year, to radically transform itself, and spoke about a range of opportunities that exist in the energy, transport, and power sectors, in terms of exchanging conventional energy sources with clean energy: electric vehicles in place of internal combustion engines, solar / wind power to replace coal, etc. Subsequently.

Center of Excellence in Sustainability at GLIM

Mohan Lakhamraju, Chairman of GLIM, during his address, formally announced the launch of a Center of Excellence in Sustainability at GLIM Gurgaon. Dr Debashish Sanyal, Director GLIM Gurgaon took the audience through a journey of various achievements and accolades of GLIM Gurgaon, despite being one of the youngest business schools in the country.

Dr Sanyal also announced that in a year’s time, the next international conference on Sustainability would be hosted by GLIM Gurgaon. During her inaugural address, Prof Leila Dagher presented interesting insights gleaned from her research work: relating to possibilities of providing green power to individual households, and predictions of global oil prices in the context of financial shocks, especially in Asian markets. 

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