Chennai, Tamil Nadu, Loyola Institute of Business Administration, premier b-school of India in association with FICCI today held its fourth edition of Business ethics conference, Beacon 2010 at Hotel Green Park, Chennai, on the theme - Soaring through Sustainability. The event was inaugurated by Mr. Andrew T. Simkin, U.S. Consul General, Chennai, India, which was followed by the thematic address by Dr. Vandana Shiva, Environmentalist & Founder - Navdanya.

Other renowned speakers such as, Mr. K. Raghavendra Rao, MD, Orchid Chemicals & Pharmaceuticals Limited, Mr. Joginder Singh Executive Director, Global Business Services, Ford India Private Limited, Mr. Amitabh Jaipuria MD, Monsanto India Limited, Mr. K.A. Vaideeswaran, DGM and Head - Health, Safety, Security and Environment, TATA BP Solar India Limited, Mr. Karan Berry GM, Courtyard by Marriott, Mr. P. Murari, IAS (Retd.), Advisor to FICCI President, Mr. Asit K. Barma, Head-Global Marketing and Strategy, Defiance Tech - A Hinduja Group Company, participated in the event.

The conference ended with an international panel discussion on International Perspectives Prof. Dr. Lodewijk Berlage, Development Economist, Belgium, Prof. Dr. Liu Baocheng, Director, Centre for International Business Ethics, Beijing, China and Dr. Birgit Kleymann IESEG School of Management, Lille, France

Speaking on the occasion, Fr. P. Christie SJ, Director, LIBA, said "Emerging economies like India cannot anymore ignore the double imperative - economic growth and environmental sustainability. Economy and business enterprises have to flourish to lift millions out of poverty and win economic freedom for all. And yet the crucial question at the moment is how can businesses meet the demand of growing sustainably without abusing the natural environment, excluding the poor or violating justice for the future generation? The whole intent of BEACON 2010 was to bring together industry captains, thought leaders, policy-makers and practitioners to engage in a careful and in-depth analysis of the ecological crisis facing the world and how Indian companies can positively transform it into business opportunity and better standard of living for their citizens. I really hope that this platform has been."

Sustainable growth cannot be achieved single-handedly. It calls for thinking beyond corporate walls to initiate cross-industry collaboration and forging mutually enriching partnership with Government and civil society.

Notes to Editor

About LIBA

LIBA is a renowned Jesuit institution with an emphasis on academic excellence coupled with value based education. As one of the top b-schools in the country and undoubtedly the best in Tamil Nadu, LIBA strives through this programme to make managers in the proximate business community create better value to the organizations they serve.