Guest contributor: Tarek el Sehity Tarek el Sehity is a researcher and lecturer at Sigmund Freud University in Vienna. As Viktor Frankl wisely observed, “Life is never made unbearable by circumstances, but only by lack of meaning and purpose.” This insight holds particular relevance for family-owned businesses, underscoring the critical importance of a shared purpose…

In response to intensifying geopolitical challenges, rising global competition, and the imperative of decarbonization, the European Union (EU) has launched the Clean Industrial Deal. This initiative represents a transformative policy framework designed to bolster Europe's industrial competitiveness while ensuring sustainability and resilience. The Clean Industrial Deal recognizes that decarbonization is not merely an environmental necessity…

Family businesses form the cornerstone of the global economy. Their ability to create employment, drive innovation and enhance social cohesion also makes them a key player in the transformation toward a more sustainable world. That said, the social dimension of ESG (environmental, social and governance) in family-owned firms remains a challenge both in terms of…

The European Union has embarked on a significant regulatory recalibration with the adoption of the Omnibus Package on February 26, 2025. This initiative represents a concerted effort to streamline the regulatory landscape governing sustainable finance, corporate sustainability due diligence, and ESG (Environmental, Social, and Governance) reporting. The overarching objective is to balance climate imperatives with…