Cannes. Credit: pixabay

MIPIM 2022: This year’s Buzzword is ESG

The return to a virus-free world, the fight against global phenomena such as climate change, and the conflict in Ukraine – this and many other issues are driving the retail industry in Cannes.

According to the trade fair management, MIPIM is back to pre-crisis levels. There’s 22,000 sq m of floorspace including an exhibition hall of 3,800 show stands representing 100 countries. Former French President François Hollande will be the keynote speaker today. And while Russia and Ukraine were not on the agenda when his speech was announced, he is expected to address the situation.

Although there are many successes to be celebrated in the retail industry, the atmosphere at the evening events of MIPIM already showed that the mood between yachts and Cannes’ magnificent boulevard was becoming more and more serious and full of concern.

However, the most used buzzword in Cannes over the next three days will be ESG (Environment, Social, and Governance). Environmental, social, and governance standards play the most important role in the lectures and discussions about construction projects or the future of the workplace and shopping.

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