Five-year research grant awarded to Middlesex University
Middlesex
University will examine how alternative approaches to business and investment
can support a more sustainable future after being awarded a five-year research
grant.
The
research will see the formation of the Centre for the Understanding of Sustainable
Prosperity (CUSP), a £6m project based on a vision where people can flourish
within the ecological constraints of a finite planet. The Economic and Social
Research Council (ESRC) funded project will see Middlesex researchers explore the alternative business and investment models for
resilience, sustainability and competitiveness.
Professor
Fergus Lyon, the Deputy Director of CUSP and leader of the Middlesex University
research projects, said: "At a time when there is growing concern about business
and the environment, this project will challenge both existing research and
business practice about what it means to be both prosperous and sustainable.
"There is a need for greater understanding of alternative ways of doing business
and alternative investment and banking."
The
work will start later this year, with projects looking at social and
sustainable enterprise, as well as studies of ethical and sustainable
investment. It will also give the
opportunity for a new generation of researchers to develop their work in this
area through PhDs and other projects.
This
centre, led by University of Surrey's Professor Tim Jackson, is one of five large new ESRC-funded projects
intended to build capacity in vital interdisciplinary research.
ESRC
Chief Executive, Professor Jane Elliott, said: "By researching key societal
challenges, these investments will make a real contribution to society."
Supporting a more sustainable future
The research will see the formation of the Centre for the Understanding of Sustainable Prosperity (CUSP), a £6m project based on a vision where people can flourish within the ecological constraints of a finite planet. The Economic and Social Research Council (ESRC) funded project will see Middlesex researchers explore the alternative business and investment models for resilience, sustainability and competitiveness.
Professor Fergus Lyon, the Deputy Director of CUSP and leader of the Middlesex University research projects, said: "At a time when there is growing concern about business and the environment, this project will challenge both existing research and business practice about what it means to be both prosperous and sustainable.
"There is a need for greater understanding of alternative ways of doing business and alternative investment and banking."
The work will start later this year, with projects looking at social and sustainable enterprise, as well as studies of ethical and sustainable investment. It will also give the opportunity for a new generation of researchers to develop their work in this area through PhDs and other projects.
This centre, led by University of Surrey's Professor Tim Jackson, is one of five large new ESRC-funded projects intended to build capacity in vital interdisciplinary research.
ESRC Chief Executive, Professor Jane Elliott, said: "By researching key societal challenges, these investments will make a real contribution to society."