Reconciling Ambition and Rigor: Europe’s Role in Shaping the Future of Cost Management

At the International Monetary Fund in Washington this September, Matthieu Lamy, Secretary General of the International Cost Management Standard (ICMS), addressed policymakers, economists, and industry leaders on a theme at once technical and visionary: the role of Europe in shaping the next era of cost management. His speech marked the 10th anniversary of ICMS, a…

The green transition hits reality

The green transition industries are hitting a wall of reality, while fossil fuel industries remain popular with consumers. The oil, coal, and gas sectors are doing very well! In October 2023, the world’s leading company, Exxon, signed a check for $60 billion to buy Pioneer Natural Resources. Chevron, another American « major, » launched the acquisition of…